Here’s Why Artisan Mid Cap Fund Exited Its Position in Ferguson (FERG)

1 month ago 25

Soumya Eswaran

Tue, February 24, 2026 astatine 6:52 AM CST 3 min read

Artisan Partners, an concern absorption company, released its fourth-quarter 2025 capitalist missive for “Artisan Mid Cap Fund”. A transcript of the missive tin beryllium downloaded here. The Fund seeks to put successful companies that person franchise characteristics, with beardown net trajectories, and are trading astatine a discount to the estimated backstage marketplace value. US equities ended a grounds twelvemonth with robust fourth-quarter gains. The Fund’s Investor Class, ARTMX, delivered -0.44%, the Advisor Class, APDMX, delivered -0.37%, and the Institutional Class, APHMX, delivered -0.35% successful the 4th fourth compared to -3.70% for the Russell Midcap® Growth Index. Continued spot successful accusation exertion (IT) and wellness attraction contributed to the show during the quarter. Please reappraisal the Fund’s apical 5 holdings to summation insights into their cardinal selections for 2025.

In its fourth-quarter 2025 capitalist letter, Artisan Mid Cap Fund highlighted stocks similar Ferguson Enterprises Inc. (NYSE:FERG). Ferguson Enterprises Inc. (NYSE:FERG) is simply a starring distributor of plumbing, HVAC, waterworks, and related gathering materials. On February 23, 2026, Ferguson Enterprises Inc. (NYSE:FERG) banal closed astatine $251.31 per share. One-month instrumentality of Ferguson Enterprises Inc. (NYSE:FERG) was -0.10%, and its shares gained 44.09% implicit the past 52 weeks. Ferguson Enterprises Inc. (NYSE:FERG) has a marketplace capitalization of $50.458 billion.

Artisan Mid Cap Fund stated the pursuing regarding Ferguson Enterprises Inc. (NYSE:FERG) successful its 4th fourth 2025 capitalist letter:

"Along with Veeva, we besides ended our concern campaigns successful Snowflake and Ferguson Enterprises Inc. (NYSE:FERG) during the quarter. Ferguson is simply a starring North American distributor of plumbing, HVAC, waterworks and related gathering materials. The company’s standard supports beardown merchandise availability, businesslike transportation and continued concern successful e-commerce, proviso concatenation capabilities and backstage brands. Its past of palmy tuck-in acquisitions and dependable integrated maturation positions it to summation much stock successful a large, fragmented market. We exited the presumption arsenic valuation moved higher and the risk-reward illustration became little compelling comparative to different operation and housing-related names successful the portfolio."

Why Ferguson Enterprises Inc. (FERG) Skyrocketed On Tuesday

Ferguson Enterprises Inc. (NYSE:FERG) is not connected our database of 30 Most Popular Stocks Among Hedge Funds. According to our database, 84 hedge money portfolios held Ferguson Enterprises Inc. (NYSE:FERG) astatine the extremity of the 4th quarter, compared to 87 successful the erstwhile quarter. While we admit the imaginable of Ferguson Enterprises Inc. (NYSE:FERG) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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