Fluor (NYSE:FLR) Insider Michael Alexander Sells 3,387 Shares

Fluor Corporation (NYSE:FLR) insider Michael Alexander sold 3,387 shares of the firm’s stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $53.07, for a total transaction of $179,748.09. Following the transaction, the insider owned 68,664 shares of the company’s stock, valued at $3,643,998.48. This trade represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Fluor Price Performance

Shares of FLR stock traded up $1.40 during trading hours on Tuesday, hitting $53.03. The company’s stock had a trading volume of 3,227,824 shares, compared to its average volume of 2,955,789. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.33. Fluor Corporation has a twelve month low of $29.20 and a twelve month high of $57.50. The stock has a market cap of $7.77 billion, a price-to-earnings ratio of -67.99, a P/E/G ratio of 1.37 and a beta of 1.37. The business has a fifty day moving average of $44.73 and a 200-day moving average of $44.02.

Fluor (NYSE:FLR) last announced its earnings results on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). Fluor had a negative net margin of 0.34% and a positive return on equity of 7.96%. The company had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.27 billion. During the same quarter last year, the company posted $0.48 EPS. Fluor’s quarterly revenue was down 2.0% compared to the same quarter last year. As a group, equities research analysts anticipate that Fluor Corporation will post 2.5 EPS for the current year.

Fluor News Roundup

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Zacks added FLR to its Rank #1 (Strong Buy) momentum list, giving the stock near-term buy-side visibility and momentum flows. Best Momentum Stocks to Buy for February 24th
• Positive Sentiment: Fluor monetized a large SMR position — selling ~71.0M SMR shares on Feb. 13 for roughly $1.35B — materially increasing cash on the balance sheet and lowering concentration in that holding, which can be used to fund operations, pay down liabilities or redeploy to higher-return projects. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Neutral Sentiment: Brokerage coverage remains generally constructive — FLR carries an average “Moderate Buy” consensus and several firms have raised price targets (Citigroup, DA Davidson, Robert W. Baird), supporting medium‑term analyst backing but leaving mixed messages from a minority of downgrades. FLR analyst coverage and targets
• Neutral Sentiment: Market commentary and peripheral industry/region items (e.g., non‑Fluor project/region news) appeared but are unlikely to move FLR’s near‑term fundamentals. Stallion India Fluorochemicals secures land
• Negative Sentiment: Multiple insiders disclosed sales this week (Mark E. Fields, Kevin B. Hammonds, Tracey H. Cook, Pierre E. Bechelany). Concurrent insider selling can create near‑term selling pressure and raise investor questions about timing/intent. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results showed a slight EPS and revenue miss and a negative net margin, highlighting execution and margin pressures that may keep some investors cautious until guidance or margin improvement is confirmed. FLR earnings summary

Analyst Ratings Changes

FLR has been the subject of a number of research analyst reports. Robert W. Baird upped their price objective on shares of Fluor from $45.00 to $48.00 and gave the company a “neutral” rating in a research note on Wednesday, February 18th. Wall Street Zen raised shares of Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. UBS Group reiterated a “buy” rating and issued a $57.00 price target on shares of Fluor in a report on Thursday, February 19th. Weiss Ratings downgraded Fluor from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday, February 17th. Finally, Citigroup boosted their price target on Fluor from $57.00 to $61.00 and gave the company a “buy” rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $52.29.

Hedge Funds Weigh In On Fluor

A number of institutional investors and hedge funds have recently bought and sold shares of FLR. Farther Finance Advisors LLC raised its stake in shares of Fluor by 6.6% during the third quarter. Farther Finance Advisors LLC now owns 3,591 shares of the construction company’s stock valued at $151,000 after purchasing an additional 223 shares during the period. Seelaus Asset Management LLC grew its holdings in Fluor by 2.9% during the 4th quarter. Seelaus Asset Management LLC now owns 8,790 shares of the construction company’s stock valued at $348,000 after purchasing an additional 245 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Fluor by 7.0% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,782 shares of the construction company’s stock worth $194,000 after buying an additional 248 shares during the period. Brighton Jones LLC lifted its holdings in Fluor by 3.1% in the 3rd quarter. Brighton Jones LLC now owns 9,060 shares of the construction company’s stock worth $381,000 after buying an additional 273 shares in the last quarter. Finally, Clearstead Advisors LLC boosted its position in Fluor by 20.9% in the 3rd quarter. Clearstead Advisors LLC now owns 1,594 shares of the construction company’s stock valued at $67,000 after buying an additional 276 shares during the last quarter. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Fluor Company Profile

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.