Loews Corp Sells 5,000 Shares of Ferguson plc

Institutional investor lowers stake in plumbing and heating products distributor

Mar. 17, 2026 at 10:07am

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Loews Corp, a major institutional investor, has reduced its position in Ferguson plc (NYSE:FERG) by selling 5,000 shares of the company's stock. The firm now owns 40,000 shares of the multinational distributor, which accounts for about 0.1% of Loews Corp's investment portfolio.

Why it matters

The sale by Loews Corp, a prominent investment firm, could signal a shift in sentiment around Ferguson plc, which distributes plumbing, heating, and other building supplies to professional contractors, builders, and industrial customers. Investors will be watching to see if other large shareholders follow suit or if Loews' move is an isolated event.

The details

According to a recent SEC filing, Loews Corp lowered its position in Ferguson plc by 11.1% in the third quarter, selling 5,000 shares. The firm now holds 40,000 shares of the company's stock, valued at $8,983,000 at the end of the reporting period. Ferguson accounts for about 0.1% of Loews Corp's total investment portfolio, making it the 17th largest holding.

  • Loews Corp sold 5,000 Ferguson shares in the third quarter of the year.

The players

Loews Corp

A major institutional investor and conglomerate with a diverse portfolio of investments.

Ferguson plc

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

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The takeaway

The sale of Ferguson shares by Loews Corp, a prominent institutional investor, could signal a shift in sentiment around the company and bears watching by other investors. However, without further details or commentary from Loews, it's difficult to determine the specific reasons behind the decision to reduce its stake in the plumbing and heating products distributor.