Flowserve (NYSE:FLS) Stock Price Down 7.2% – What’s Next?

Posted by Brian Himes on Jun 24th, 2026

Flowserve Corporation (NYSE:FLS – Get Free Report)’s stock price was down 7.2% during mid-day trading on Wednesday . The company traded as low as $74.54 and last traded at $74.1980. 1,207,529 shares traded hands during mid-day trading, a decline of 39% from the average session volume of 1,963,979 shares. The stock had previously closed at $79.98.

Analyst Ratings Changes

FLS has been the subject of several recent research reports. Jefferies Financial Group reaffirmed a “buy” rating and set a $90.00 price target (down from $100.00) on shares of Flowserve in a report on Tuesday, March 31st. Stifel Nicolaus set a $92.00 price objective on shares of Flowserve in a research note on Friday, May 1st. Citigroup restated a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. TD Cowen cut shares of Flowserve from a “buy” rating to a “hold” rating and reduced their target price for the stock from $85.00 to $70.00 in a research note on Wednesday. Finally, The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $83.00 target price on shares of Flowserve in a report on Thursday, April 30th. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.70.

Check Out Our Latest Analysis on FLS

Flowserve Trading Down 9.1%

The firm has a market capitalization of $9.30 billion, a PE ratio of 27.01, a P/E/G ratio of 1.84 and a beta of 1.22. The business has a 50 day moving average price of $76.02 and a 200-day moving average price of $76.93. The company has a current ratio of 2.22, a quick ratio of 1.63 and a debt-to-equity ratio of 0.73.

Flowserve (NYSE:FLS – Get Free Report) last posted 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 return on equity of 21.46% and a net margin of 7.61%.The business had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.17 billion. During the same period last year, the firm earned $0.72 EPS. The company’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. Analysts expect that Flowserve Corporation will post 4.05 earnings per share for the current year.

Flowserve Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 10th. Shareholders of record on Friday, June 26th will be issued a $0.22 dividend. The ex-dividend date of this dividend is Friday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. Flowserve’s dividend payout ratio (DPR) is 32.59%.

Insider Activity at Flowserve

In related news, Director Brian D. Savoy purchased 1,000 shares of the stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $67.34 per share, with a total value of $67,340.00. Following the purchase, the director directly owned 1,000 shares in the company, valued at $67,340. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Insiders own 0.71% of the company’s stock.

Institutional Trading of Flowserve

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Comprehensive Money Management Services LLC grew its position in Flowserve by 1.5% during the first quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company’s stock worth $625,000 after buying an additional 125 shares during the period. EverSource Wealth Advisors LLC lifted its position in shares of Flowserve by 3.9% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 4,181 shares of the industrial products company’s stock valued at $222,000 after acquiring an additional 157 shares during the period. BTC Capital Management Inc. lifted its position in shares of Flowserve by 2.5% during the 1st quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company’s stock valued at $480,000 after acquiring an additional 162 shares during the period. Parallel Advisors LLC boosted its stake in shares of Flowserve by 20.1% during the 3rd quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock worth $51,000 after acquiring an additional 162 shares in the last quarter. Finally, IFP Advisors Inc boosted its stake in shares of Flowserve by 24.4% during the 3rd quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

About Flowserve

(Get Free Report)

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.