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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.
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La firma de inversión abrdn plc vendió una participación significativa en Ferguson, que respondió aumentando su dividendo.