Pacer Advisors Inc. lessened its stake in Fluor Corporation (NYSE:FLR – Free Report) by 14.8% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 56,369 shares of the construction company’s stock after selling 9,804 shares during the quarter. Pacer Advisors Inc.’s holdings in Fluor were worth $2,630,000 at the end of the most recent reporting period.
Other institutional investors also recently bought and sold shares of the company. Empowered Funds LLC increased its holdings in Fluor by 45.2% in the 1st quarter. Empowered Funds LLC now owns 138,342 shares of the construction company’s stock valued at $6,454,000 after acquiring an additional 43,078 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Fluor by 4,528.0% during the 1st quarter. NewEdge Advisors LLC now owns 4,628 shares of the construction company’s stock valued at $216,000 after purchasing an additional 4,528 shares during the last quarter. Segall Bryant & Hamill LLC purchased a new position in shares of Fluor during the first quarter valued at about $573,000. Norris Financial Group LLC purchased a new position in shares of Fluor during the first quarter valued at about $394,000. Finally, Dayah Capital LLC bought a new stake in shares of Fluor in the first quarter worth about $8,407,000. 88.07% of the stock is owned by hedge funds and other institutional investors.
Fluor Trading Up 17.4%
Shares of NYSE FLR opened at $57.22 on Friday. The business’s 50 day moving average is $50.78 and its two-hundred day moving average is $48.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.78 and a quick ratio of 1.78. Fluor Corporation has a 1-year low of $39.33 and a 1-year high of $57.65. The stock has a market capitalization of $7.99 billion, a P/E ratio of 33.27, a PEG ratio of 1.54 and a beta of 1.25.
Fluor News Roundup
Here are the key news stories impacting Fluor this week:
- Positive Sentiment: Aramco agreement expands future project pipeline: Fluor was selected as a program management consultancy contractor under a long-term agreement supporting Saudi Aramco’s global capital projects. The potential work spans upstream, downstream, petrochemical, and infrastructure projects, including engineering, procurement oversight, construction management, and program execution. Investors viewed the agreement as an endorsement of Fluor’s international capabilities and potential for future awards. Fluor shares surge as Aramco agreement appears to drive buying
- Positive Sentiment: Quarterly earnings and revenue beat expectations: Fluor reported second-quarter earnings of $0.91 per share, exceeding consensus estimates of approximately $0.70–$0.73, while revenue rose 8.8% year over year to $4.33 billion versus expectations near $3.92 billion. EPS more than doubled from $0.43 in the prior-year quarter, reinforcing optimism about execution and profitability. Fluor Reports Second Quarter 2026 Results
- Positive Sentiment: Backlog and capital returns support the outlook: Reports highlighted Fluor’s approximately $26.9 billion backlog and $300 million in planned share repurchases. Management also pointed to new opportunities tied to data-center construction, adding to the company’s exposure to growing infrastructure demand. Data Center Boom Fuels New Growth Opportunities For Fluor, CEO Says
- Neutral Sentiment: Analyst targets are mixed: Recent targets range from $49 to $64, with a reported median of $58. The range indicates continued upside potential according to some analysts, but also suggests valuation and execution concerns remain after the latest rally.
- Negative Sentiment: Insider selling and bearish valuation concerns remain: Reported insider activity over the past six months showed sales without purchases, while one analysis maintained a bearish view despite the solid quarter. These factors could temper enthusiasm if the stock’s higher valuation is not matched by sustained earnings growth. Fluor: Why My Bearish Stance Is Correct Despite A Solid Q2 2026
Analyst Upgrades and Downgrades
FLR has been the subject of a number of research reports. Truist Financial increased their price target on Fluor from $57.00 to $64.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Zacks Research downgraded Fluor from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Robert W. Baird increased their target price on Fluor from $48.00 to $49.00 and gave the company a “neutral” rating in a research report on Monday, May 11th. Citigroup cut their target price on shares of Fluor from $61.00 to $56.00 and set a “buy” rating for the company in a report on Monday, May 11th. Finally, Weiss Ratings upgraded shares of Fluor from a “sell (d+)” rating to a “hold (c)” rating in a research report on Monday, May 11th. Four analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Fluor has a consensus rating of “Hold” and a consensus target price of $57.20.
Get Our Latest Report on Fluor
About Fluor
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.
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