10 Large-Cap Stocks Insiders Are Buying Recently

7. Ferguson Enterprises Inc. (NYSE:FERG)

Number of Recent Insider Purchases: 2

Market Cap: $36.13 billion

Newport News, Virginia-headquartered Ferguson Enterprises is one of the leading distributors of plumbing and heating products in the U.S. It serves both residential and commercial construction markets, operating around 1,800 locations across North America and having approximately 32,000 associates.

For the first quarter of fiscal 2025, Ferguson Enterprises reported net sales of $7.8 billion, an increase of 0.8% from the same period of fiscal 2024. At the same time its earnings per share of $2.45 declined from $2.65 in the same period of the prior year. The company’s CFO, Bill Brundage, said during an earnings call that the company is investing in areas like counter conversions to sell both HVAC and plumbing material to dual-trade experts. He added that Ferguson raised its dividend 5% over the prior year to $0.83 per share, and completed two acquisitions – Fresno Pipe & Supply and Templeton. In the first quarter of fiscal 2025, the company returned $256 million to shareholders via share repurchases, reducing its share count by around 1.3 million.

Over the last 12 months, Ferguson Enterprises shares slid 2.58% to $184.42 per share.