Ferguson plc Holdings Decreased by 2Xideas AG

Investment firm trims stake in plumbing and heating products distributor

Mar. 14, 2026 at 7:04am

Got story updates? Submit your updates here. ›

2Xideas AG, an investment firm, reduced its holdings in shares of Ferguson plc (NYSE:FERG) by 51.4% during the 3rd quarter, according to a filing with the Securities and Exchange Commission. The firm now owns 39,377 shares of the company's stock, down from 81,005 shares previously.

Why it matters

Ferguson is a major global distributor of plumbing, heating, and related building supplies, serving professional contractors, builders, and industrial customers. Changes in ownership stakes by large institutional investors can provide insight into market sentiment around the company.

The details

According to the SEC filing, 2Xideas AG sold 41,628 shares of Ferguson during the 3rd quarter, reducing its total position to 39,377 shares. The firm's holdings in Ferguson now make up about 1.9% of its overall portfolio. Ferguson's stock price has fluctuated in recent months, trading between a 52-week low of $146 and a high of $271.64.

  • The 3rd quarter filing covers the period from July 1 to September 30, 2026.

The players

2Xideas AG

An investment management firm that has reduced its stake in Ferguson plc.

Ferguson plc

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

Got photos? Submit your photos here. ›

The takeaway

The reduction in 2Xideas AG's Ferguson holdings suggests the investment firm may see near-term challenges or uncertainty around the plumbing and heating products distributor's business. However, Ferguson remains a major player in its industry with a diverse customer base.