NewEdge Advisors LLC Sells 16,790 Shares of Flowserve Corporation $FLS

Posted by Francis Steltz on Aug 20th, 2026

NewEdge Advisors LLC lessened its stake in shares of Flowserve Corporation (NYSE:FLS – Free Report) by 61.4% in the 1st quarter, HoldingsChannel.com reports. The firm owned 10,543 shares of the industrial products company’s stock after selling 16,790 shares during the period. NewEdge Advisors LLC’s holdings in Flowserve were worth $775,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. Comprehensive Money Management Services LLC boosted its position in shares of 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 acquiring an additional 125 shares during the last quarter. BTC Capital Management Inc. increased its stake in Flowserve by 2.5% during the first quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company’s stock worth $480,000 after acquiring an additional 162 shares during the last quarter. Parallel Advisors LLC increased its stake in Flowserve by 20.1% during the third quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock worth $51,000 after acquiring an additional 162 shares during the last quarter. IFP Advisors Inc boosted its stake in Flowserve by 24.4% during the third quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock worth $46,000 after buying an additional 163 shares during the period. Finally, Inspire Advisors LLC increased its position in Flowserve by 3.7% during the fourth quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company’s stock valued at $324,000 after acquiring an additional 165 shares during the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Flowserve Trading Down 1.3%

NYSE:FLS opened at $77.73 on Thursday. The company has a market capitalization of $9.88 billion, a P/E ratio of 27.27, a PEG ratio of 1.75 and a beta of 1.23. The company has a current ratio of 2.15, a quick ratio of 1.58 and a debt-to-equity ratio of 0.91. Flowserve Corporation has a 12 month low of $48.71 and a 12 month high of $92.41. The firm has a fifty day simple moving average of $75.10 and a 200-day simple moving average of $77.15.

Flowserve (NYSE:FLS – Get Free Report) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The firm had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm earned $0.91 earnings per share. Flowserve’s revenue for the quarter was down 1.6% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, equities research analysts anticipate that Flowserve Corporation will post 4.1 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of analysts have recently issued reports on FLS shares. Robert W. Baird set a $93.00 target price on shares of Flowserve in a research note on Friday, July 31st. Wall Street Zen downgraded shares of Flowserve from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. The Goldman Sachs Group set a $82.00 price objective on shares of Flowserve in a report on Thursday, July 30th. Stifel Nicolaus boosted their price objective on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Finally, Royal Bank Of Canada upped their target price on shares of Flowserve from $91.00 to $94.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Flowserve presently has a consensus rating of “Moderate Buy” and a consensus price target of $86.60.

View Our Latest Report on FLS

Flowserve Company Profile

(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.

NewEdge Advisors LLC Sells 16,790 Shares of Flowserve Corporation $FLS

Flowserve Trading Down 1.3%

Wall Street Analyst Weigh In

Flowserve Company Profile

Further Reading

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