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Ferguson Today
By the People, for the People
Ferguson plc $FERG Stake Raised by Jain Global LLC
Institutional investor increases position in global plumbing and heating products distributor
Mar. 17, 2026 at 9:34am
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Jain Global LLC, an institutional investor, has increased its holdings in shares of Ferguson plc (NYSE:FERG) by 59.7% in the third quarter, according to a recent SEC filing. The firm now owns 39,531 shares of the company's stock, valued at $8,878,000 at the end of the reporting period.
Why it matters
The increase in Jain Global's stake in Ferguson suggests the institutional investor sees potential upside in the company's stock. As a major global distributor of plumbing, heating, and related building supplies, Ferguson's performance is closely watched by investors as an indicator of construction and infrastructure activity.
The details
According to the SEC filing, Jain Global LLC added 14,770 shares to its Ferguson position during the third quarter, bringing its total holdings to 39,531 shares. This represents a 59.7% increase in the firm's stake in the company. Ferguson's stock price has fluctuated in recent months, trading below both its 50-day and 200-day moving averages, which could limit near-term upside absent clear strategic or governance developments.
- Jain Global LLC increased its Ferguson holdings in the third quarter of 2026.
The players
Jain Global LLC
An institutional investor that has increased its stake in Ferguson plc.
Ferguson plc
A multinational distributor specializing in plumbing and heating products and related building supplies, serving professional contractors, builders and industrial customers.
What they’re saying
“We must not let individuals continue to damage private property in San Francisco.”
— Robert Jenkins, San Francisco resident
The takeaway
The increase in Jain Global's stake in Ferguson suggests the institutional investor sees potential upside in the company's stock, which could be an encouraging sign for investors in the global plumbing and heating products distributor.
