Top 4 Stock Picks of Nelson Peltz’s Trian Partners

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1. Ferguson plc (NYSE:FERG)

Trian Partners’ Stake Value: $1,773,802,000

Percentage of Trian Partners’ 13F Portfolio: 22.05%

Number of Hedge Fund Holders: 10

Ferguson plc (NYSE:FERG) is a leading British distributor of plumbing and heating products. Being the largest holding in Nelson Peltz’s Q3 portfolio, Ferguson plc (NYSE:FERG) represents 22.05% of his total investments, with Peltz owning a $1.77 billion position in the company. 

On October 27, Ferguson plc (NYSE:FERG) announced a cash dividend of $1.665 per share, which would be payable on December 10 to stakeholders of record on October 29. 

Morgan Stanley analyst Annelies Vermeulen on October 21 raised the price target on Ferguson plc (NYSE:FERG) to £11,070 from £9,970 and kept an Equal Weight rating on the shares.

Polar Capital is the leading Ferguson plc (NYSE:FERG) stakeholder, with a position worth $4.55 billion in the company. Overall, 10 hedge funds held stakes in Ferguson plc (NYSE:FERG), valued at over $6.5 billion as of September 2021. 

You can also take a look at Top 10 Stock Picks of Leon Lowenstein’s Lionstone Capital Management and Top 10 Stock Picks of Lawrence Kam’s Sonic Capital.

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