Investment firm abrdn plc sold a significant stake in Ferguson, which responded by raising its dividend.

Investment firm abrdn plc reduced its stake in Ferguson plc by 32.9% in Q4 2025, selling 251,745 shares, valued at about $89 million. Ferguson announced a quarterly dividend increase to $0.83 per share. The company, a major distributor of plumbing and heating products, has a market capitalization of $35.89 billion and a price-to-earnings ratio of 21.55. It maintains a "Moderate Buy" rating with an average price target of $217.73.

2 months ago
4 Articles