Jim Cramer said on Mad Money that the post-earnings pullback in Ferguson Enterprises is a buying opportunity. Ferguson beat quarterly expectations, raised its full-year forecast, and saw revenue grow 4.6% to $8.75 billion, though adjusted operating profit rose just 2.9%. Cramer highlighted the company's exposure to data centers, semiconductor plants, and other large capital projects, as well as its tuck-in acquisition strategy. Analysts at RBC Capital, Wells Fargo, and Oppenheimer reaffirmed bullish ratings, but noted incremental operating margin of 6.7% versus a 10.7% historical average, and pro forma total debt rising from $4.9 billion to over $7.0 billion after the $1.6 billion FloWorks acquisition. Insider Monkey data shows 85 hedge funds held shares in Q1 2026, up from 84 in the prior quarter, with short interest at 1.61% of float and a forward P/E of 21x.
