Flowserve Corporation $FLS Shares Sold by Truist Financial Corp

Truist Financial Corp lessened its position in shares of Flowserve Corporation (NYSE:FLSFree Report) by 18.0% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 27,765 shares of the industrial products company’s stock after selling 6,110 shares during the quarter. Truist Financial Corp’s holdings in Flowserve were worth $1,475,000 at the end of the most recent quarter.

A number of other large investors have also recently added to or reduced their stakes in FLS. D.A. Davidson & CO. grew its holdings in shares of Flowserve by 67.1% during the third quarter. D.A. Davidson & CO. now owns 34,914 shares of the industrial products company’s stock worth $1,855,000 after buying an additional 14,025 shares in the last quarter. Paradice Investment Management LLC acquired a new stake in Flowserve during the third quarter worth approximately $17,970,000. Massachusetts Financial Services Co. MA grew its stake in Flowserve by 104.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,333,481 shares of the industrial products company’s stock worth $230,281,000 after acquiring an additional 2,213,406 shares during the period. Brian Low Financial Group LLC purchased a new stake in Flowserve in the 3rd quarter worth approximately $1,007,000. Finally, Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in Flowserve by 35.9% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 136,013 shares of the industrial products company’s stock valued at $7,228,000 after acquiring an additional 35,955 shares during the last quarter. 93.93% of the stock is owned by institutional investors and hedge funds.

Flowserve Price Performance

FLS opened at $85.54 on Monday. Flowserve Corporation has a 52-week low of $37.34 and a 52-week high of $86.29. The company has a 50 day moving average of $73.90 and a two-hundred day moving average of $63.26. The company has a market cap of $10.87 billion, a P/E ratio of 32.65, a P/E/G ratio of 1.48 and a beta of 1.29. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.68.

Flowserve (NYSE:FLSGet Free Report) last posted its earnings results on Thursday, February 5th. The industrial products company reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.94 by $0.17. Flowserve had a net margin of 7.32% and a return on equity of 21.19%. The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.26 billion. During the same quarter in the previous year, the business posted $0.70 EPS. The business’s quarterly revenue was up 3.5% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. On average, analysts expect that Flowserve Corporation will post 3.18 earnings per share for the current year.

Flowserve Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, January 9th. Stockholders of record on Friday, December 26th were paid a $0.21 dividend. The ex-dividend date was Friday, December 26th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.0%. Flowserve’s dividend payout ratio (DPR) is 32.06%.

Insider Activity at Flowserve

In related news, insider Lamar L. Duhon sold 1,609 shares of the business’s stock in a transaction that occurred on Tuesday, November 11th. The stock was sold at an average price of $69.51, for a total transaction of $111,841.59. Following the transaction, the insider directly owned 15,116 shares of the company’s stock, valued at approximately $1,050,713.16. The trade was a 9.62% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Insiders own 0.72% of the company’s stock.

Key Flowserve News

Here are the key news stories impacting Flowserve this week:

  • Positive Sentiment: Q4 EPS beat and margin improvement: Flowserve reported $1.11 EPS vs. $0.94 consensus and highlighted stronger gross profit and aftermarket bookings (Q4 bookings ~ $1.2B, aftermarket growth +10%). This is the primary driver behind the rally. Article Title
  • Positive Sentiment: Raised FY2026 guidance: Management set FY2026 EPS guidance of $4.00–$4.20 (above consensus) and revenue guidance roughly in line with expectations, supporting a re-rating toward growth/value story. Article Title
  • Positive Sentiment: Strategic acquisition: Flowserve agreed to buy Trillium Flow Technologies’ valves division (~$490M) to bolster presence in nuclear and power end markets — a bolt-on that can lift long-term aftermarket and margin mix. Article Title
  • Neutral Sentiment: Analyst model moves and positive ratings: Several brokers have buy/outperform ratings and price targets in the $73–$87 range; Zacks and others updated near-term estimates (mixed tweaks). These reinforce interest but are not unanimous upgrades. Article Title
  • Negative Sentiment: Revenue slightly below consensus and mixed profitability signals: Q4 revenue (~$1.22B) came in a bit under Street estimates and some third‑party summaries flagged GAAP swings and cash‑flow variability, which could keep volatility in the name. Article Title
  • Negative Sentiment: Insider sales and mixed institutional flows: Recent disclosed insider selling and large portfolio shifts among institutions were noted by data providers — a potential near‑term headwind for sentiment if selling continues. Article Title

Analysts Set New Price Targets

FLS has been the subject of a number of recent analyst reports. Zacks Research downgraded Flowserve from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Jefferies Financial Group lifted their price target on Flowserve from $80.00 to $85.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Citigroup upped their price objective on shares of Flowserve from $82.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, January 12th. Stifel Nicolaus raised their target price on shares of Flowserve from $84.00 to $87.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Bank of America reaffirmed a “neutral” rating and set a $73.00 price target (up previously from $60.00) on shares of Flowserve in a research report on Friday, November 14th. Nine analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus price target of $79.90.

View Our Latest Stock Report on Flowserve

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.

See Also

Institutional Ownership by Quarter for Flowserve (NYSE:FLS)

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