Zelman & Assoc has upgraded Ferguson Enterprises to Outperform from Neutral, citing a positive outlook for the company. The firm established a price target of $285 for the stock.

The rating upgrade reflects increased confidence in Ferguson Enterprises' performance potential. The new price target provides a specific valuation benchmark for investors following the NYSE-listed stock.

Directors and an officer of Ferguson Enterprises Inc. purchased common stock through independent dividend reinvestment arrangements on July 8 and July 9, 2026. The transactions were executed on the New York Stock Exchange and involved the purchase of shares with a par value of $0.0001 each.

Transactions by Kelly Baker

Director Kelly Baker acquired shares in two separate transactions. On July 8, 2026, Baker purchased 1.468453 shares at a price of $220.62. On July 9, 2026, the director purchased 4.005 shares at a price of $224.202. The aggregated prices for these transactions were $323.97 and $897.93, respectively.

Transactions by Catherine Halligan

Director Catherine Halligan also engaged in share purchases. On July 8, 2026, Halligan bought 3.7433 shares at $221.19. The following day, on July 9, 2026, the director acquired 7.309 shares at $224.202. The total transaction values were reported as $827.98 and $1,638.69.

Transactions by James S. Metcalf

Director James S. Metcalf completed two transactions on July 9, 2026. The first involved the purchase of 7.324 shares at $224.196, and the second involved 17.4203 shares at $222.60. The aggregated prices for these transactions were $1,642.01 and $3,877.76.

Transactions by James Paisley

James Paisley, Chief Digital & Information Officer, purchased shares on July 9, 2026. The officer acquired 2.858 shares at a price of $224.192. The aggregated price for this transaction was $640.74.