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Posted by
Two Blokes Jun 6 -
Filed in
Stock
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2 views
Upgrading Ferguson to buy: 3Q25 results show strong growth, margin expansion, and stabilization in residential, shifting my stance from hold to bullish. Pricing headwinds are easing, with flat y/y pricing and improved gross margins, demonstrating FERG's effective pricing power and cost management. Non-residential, HVAC, and Waterworks segments continue to outperform, driven by secular trends like data centers and infrastructure, supporting a robust growth outlook.
