Flowserve Corporation (NYSE:FLS – Free Report) – Zacks Research decreased their Q2 2026 earnings per share (EPS) estimates for shares of Flowserve in a report released on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings per share of $0.88 for the quarter, down from their previous forecast of $0.95. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Flowserve’s current full-year earnings is $4.05 per share. Zacks Research also issued estimates for Flowserve’s Q3 2026 earnings at $1.04 EPS, Q4 2026 earnings at $1.25 EPS, FY2026 earnings at $4.03 EPS, Q3 2027 earnings at $1.22 EPS, FY2027 earnings at $4.55 EPS and FY2028 earnings at $5.13 EPS.
Other analysts also recently issued research reports about the company. Royal Bank Of Canada dropped their price target on Flowserve from $98.00 to $91.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Citigroup restated a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. Jefferies Financial Group reaffirmed a “buy” rating and issued a $90.00 target price (down from $100.00) on shares of Flowserve in a research note on Tuesday, March 31st. The Goldman Sachs Group reiterated a “neutral” rating and set a $83.00 target price on shares of Flowserve in a research report on Thursday, April 30th. Finally, Weiss Ratings cut shares of Flowserve from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $87.70.
Flowserve Price Performance
Flowserve stock opened at $68.65 on Friday. The stock has a market cap of $8.77 billion, a price-to-earnings ratio of 25.43, a PEG ratio of 1.54 and a beta of 1.24. The company has a quick ratio of 1.63, a current ratio of 2.22 and a debt-to-equity ratio of 0.73. The business has a 50-day simple moving average of $75.73 and a 200 day simple moving average of $75.75. Flowserve has a 52 week low of $45.11 and a 52 week high of $92.41.
Flowserve (NYSE:FLS – Get Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.85 EPS for the quarter, beating the consensus estimate of $0.82 by $0.03. Flowserve had a net margin of 7.61% and a return on equity of 21.46%. The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.17 billion. During the same period last year, the firm earned $0.72 EPS. The business’s quarterly revenue was down 6.7% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS.
Institutional Investors Weigh In On Flowserve
Large investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. boosted its position in Flowserve by 48.2% during the 1st quarter. Goldman Sachs Group Inc. now owns 471,893 shares of the industrial products company’s stock valued at $23,047,000 after acquiring an additional 153,553 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Flowserve in the 2nd quarter worth about $313,000. First Trust Advisors LP lifted its stake in shares of Flowserve by 6.0% in the second quarter. First Trust Advisors LP now owns 134,484 shares of the industrial products company’s stock worth $7,040,000 after buying an additional 7,624 shares in the last quarter. Cresset Asset Management LLC boosted its stake in Flowserve by 24.1% during the 2nd quarter. Cresset Asset Management LLC now owns 14,246 shares of the industrial products company’s stock valued at $749,000 after purchasing an additional 2,769 shares during the last quarter. Finally, California Public Employees Retirement System boosted its position in shares of Flowserve by 10.5% during the second quarter. California Public Employees Retirement System now owns 232,848 shares of the industrial products company’s stock valued at $12,190,000 after buying an additional 22,108 shares during the last quarter. Institutional investors own 93.93% of the company’s stock.
Insider Transactions at Flowserve
In other Flowserve news, Director Brian D. Savoy purchased 1,000 shares of the stock in a transaction on Thursday, May 14th. The stock was acquired at an average price of $67.34 per share, with a total value of $67,340.00. Following the transaction, the director directly owned 1,000 shares of the company’s stock, valued at approximately $67,340. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.71% of the stock is currently owned by corporate insiders.
Flowserve Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Friday, June 26th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.3%. The ex-dividend date of this dividend is Friday, June 26th. Flowserve’s dividend payout ratio is 32.59%.
Flowserve Company Profile
Flowserve Corporation (NYSE: FLS) is a leading provider of fluid motion and control products and services. The company designs, manufactures and services engineered and industrial pumps, mechanical seals, valves and related flow management equipment. Flowserve’s offerings are utilized across a broad spectrum of end markets, including oil and gas, power generation, chemical processing, water management, pharmaceutical and semiconductor manufacturing, as well as mining and general industrial applications.
Flowserve’s product portfolio encompasses a wide range of centrifugal and positive displacement pumps, high-performance control valves, butterfly and ball valves, as well as mechanical seals and seal support systems.
Featured Articles
- Five stocks we like better than Flowserve
- Meta Platforms 10% Layoff Raises a Bigger Question About AI Spending
- As Small-Cap Outperformance Continues, These 2 ETFs Provide Exposure
- Silicon Shake-Up: The AI Trade Is Moving Beyond NVIDIA
- The Silver Lining of Last Week’s Hims & Hers Earnings Miss
Receive News & Ratings for Flowserve Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Flowserve and related companies with MarketBeat.com's FREE daily email newsletter.
