5 Stocks to Buy Today According to David Brown’s Hawk Ridge Management

3. Ferguson plc (NYSE:FERG)

Hawk Ridge Management Stake Value: $93,346,000
Percentage of Hawk Ridge Management’s 13F Portfolio: 6.7%
Number of Hedge Fund Holders: 11

Ferguson plc (NYSE:FERG), which provides plumbing and heating equipment to professional contractors and customers, is also one of the stocks on the list of 10 stocks to buy today according to David Brown’s Hawk Ridge Management.

Ferguson plc shares have returned 49.75% to investors over the past twelve months. The stock is a new arrival on David Brown’s portfolio, as his hedge fund bought about 671,691 shares of the company, worth $93.35 million.

As of Q2 2021, 11 hedge funds tracked by Insider Monkey have positions in Ferguson plc (NYSE:FERG), compared with 5 in the previous quarter. The total value of these stakes is $6.88 billion. Out of the hedge funds being tracked by Insider Monkey, Trian Partners is a leading shareholder in the company with 12.73 million shares worth more than $1.77 billion.