27,653 Flex LNG Ltd. $FLNG Shares Bought by Oppenheimer & Co. Inc.

Posted by Geri Gentry on Oct 30th, 2026

Oppenheimer & Co. Inc. grew its holdings in shares of Flex LNG Ltd. (NYSE:FLNG – Free Report) by 27.7% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 127,348 shares of the company’s stock after purchasing an additional 27,653 shares during the quarter. Oppenheimer & Co. Inc. owned about 0.24% of Flex LNG worth $3,917,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Renaissance Technologies LLC boosted its holdings in Flex LNG by 42.5% in the first quarter. Renaissance Technologies LLC now owns 1,170,795 shares of the company’s stock worth $34,784,000 after purchasing an additional 349,191 shares in the last quarter. Mn Services Vermogensbeheer B.V. acquired a new position in Flex LNG during the third quarter worth $3,297,000. Bank of America Corp DE raised its holdings in Flex LNG by 88.4% during the first quarter. Bank of America Corp DE now owns 152,341 shares of the company’s stock valued at $4,526,000 after buying an additional 71,477 shares in the last quarter. Bessemer Group Inc. raised its holdings in Flex LNG by 54.6% during the first quarter. Bessemer Group Inc. now owns 191,231 shares of the company’s stock valued at $5,681,000 after buying an additional 67,500 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in Flex LNG by 53.1% during the first quarter. Quantinno Capital Management LP now owns 82,941 shares of the company’s stock valued at $2,464,000 after buying an additional 28,757 shares in the last quarter.

Flex LNG Trading Up 1.2%

Shares of NYSE FLNG opened at $28.61 on Friday. The company’s 50 day simple moving average is $30.69 and its 200 day simple moving average is $29.96. The company has a debt-to-equity ratio of 2.40, a current ratio of 2.69 and a quick ratio of 2.64. The firm has a market capitalization of $1.55 billion, a P/E ratio of 15.06 and a beta of 0.27. Flex LNG Ltd. has a fifty-two week low of $24.14 and a fifty-two week high of $33.40.

Flex LNG (NYSE:FLNG – Get Free Report) last posted its quarterly earnings results on Wednesday, August 19th. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.62 by $0.17. Flex LNG had a return on equity of 14.88% and a net margin of 28.50%. The business had revenue of $106.80 million for the quarter, compared to analyst estimates of $93.53 million.

Flex LNG Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 17th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.75 per share. This represents a $3.00 dividend on an annualized basis and a dividend yield of 10.5%. The ex-dividend date of this dividend was Thursday, September 3rd. Flex LNG’s dividend payout ratio (DPR) is currently 157.89%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on FLNG shares. Weiss Ratings cut Flex LNG from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, October 8th. Wall Street Zen upgraded Flex LNG from a “sell” rating to a “hold” rating in a research report on Saturday, August 22nd. One research analyst has rated the stock with a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Sell” and an average price target of $25.00.

Check Out Our Latest Analysis on Flex LNG

Flex LNG Company Profile

(Free Report)

Flex LNG Ltd. is a maritime shipping company that owns and operates liquefied natural gas (LNG) carriers. The company focuses on transporting LNG for energy producers, utilities, traders and other customers under medium- and long-term time-charter agreements, as well as shorter-term arrangements when market conditions permit.

Flex LNG’s fleet consists primarily of large, modern LNG carriers equipped with fuel-efficient two-stroke propulsion systems, including MEGI and X-DF technologies.