Allspring Global Investments Boosts Ferguson Stake by Over 2,600%

Asset management firm significantly increases position in plumbing and heating products distributor

Apr. 7, 2026 at 7:13am

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Allspring Global Investments Holdings LLC grew its position in shares of Ferguson plc (NYSE:FERG) by 2,636.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm now owns 30,287 shares of the company's stock, worth approximately $6.8 million.

Why it matters

This substantial increase in Allspring's Ferguson holdings suggests the asset management firm sees significant upside potential in the plumbing and heating products distributor. Ferguson's stock has seen strong performance, rising over 85% in the past year, as the company has benefited from robust demand in the construction and infrastructure sectors.

The details

Allspring Global Investments Holdings LLC purchased an additional 29,180 shares of Ferguson during the fourth quarter, bringing its total position to 30,287 shares. This represents a 2,636% increase compared to the prior quarter. Ferguson is a multinational distributor of plumbing, heating, and related building supplies, serving professional contractors, builders, and industrial customers.

  • Allspring Global Investments Holdings LLC increased its Ferguson stake during the 4th quarter of 2025.

The players

Allspring Global Investments Holdings LLC

An asset management firm that significantly increased its position in Ferguson plc.

Ferguson plc

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

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The takeaway

Allspring Global Investments' substantial increase in its Ferguson holdings suggests the asset manager sees strong growth potential in the plumbing and heating products distributor. This reflects broader investor optimism around Ferguson's performance, which has benefited from robust demand in the construction and infrastructure sectors.