First Trust Advisors Reduces Stake in Ferguson plc

Institutional investor sold over 100,000 shares of the plumbing and heating products distributor

Published on Mar. 10, 2026

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First Trust Advisors LP, an institutional investor, reduced its holdings in Ferguson plc (NYSE:FERG) by 19.6% during the third quarter, according to a recent SEC filing. The firm sold 106,045 shares, leaving it with 434,365 shares of the company's stock, which was worth $97.55 million at the end of the quarter.

Why it matters

Ferguson is a major global distributor of plumbing, heating, and other building supplies, serving professional contractors, builders, and industrial customers. Changes in ownership by large institutional investors can signal shifts in market sentiment and future performance of the company's stock.

The details

According to the filing, First Trust Advisors LP sold 106,045 shares of Ferguson plc during the third quarter, reducing its total stake in the company by 19.6%. The institutional investor now owns 434,365 shares, or a 0.22% ownership stake, in the company.

  • First Trust Advisors LP filed the 13F report disclosing the reduced stake in Ferguson during the third quarter of 2026.

The players

First Trust Advisors LP

An institutional investment management firm that provides a variety of financial products and services.

Ferguson plc

A multinational distributor of plumbing, heating, and building supplies, serving professional contractors, builders, and industrial customers.

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The takeaway

The reduction in First Trust Advisors' stake in Ferguson plc could signal a shift in market sentiment around the company, though the overall reasons behind the sale are unclear from the limited information provided. Investors will likely continue to monitor ownership changes and financial performance of the distribution company.