Kevin Hammonds Sells 2,988 Shares of Fluor (NYSE:FLR) Stock

Fluor Corporation (NYSE:FLR) insider Kevin Hammonds sold 2,988 shares of the firm’s stock in a transaction on Friday, February 20th. The stock was sold at an average price of $52.61, for a total value of $157,198.68. Following the completion of the sale, the insider directly owned 16,273 shares of the company’s stock, valued at approximately $856,122.53. This trade represents a 15.51% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

Fluor Trading Up 2.7%

Shares of NYSE FLR opened at $53.03 on Wednesday. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.33. Fluor Corporation has a one year low of $29.20 and a one year high of $57.50. The business has a 50-day moving average price of $44.93 and a two-hundred day moving average price of $44.10. The firm has a market capitalization of $7.77 billion, a PE ratio of -67.99, a PEG ratio of 1.31 and a beta of 1.37.

Fluor (NYSE:FLR) last posted its quarterly earnings results on Tuesday, February 17th. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.The company had revenue of $4.18 billion during the quarter, compared to analysts’ expectations of $4.27 billion. During the same period last year, the company earned $0.48 earnings per share. Fluor’s revenue for the quarter was down 2.0% compared to the same quarter last year. As a group, analysts predict that Fluor Corporation will post 2.5 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Fluor

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FLR. MTM Investment Management LLC acquired a new stake in shares of Fluor in the second quarter worth $26,000. Hantz Financial Services Inc. lifted its position in Fluor by 2,695.2% during the 2nd quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after acquiring an additional 566 shares during the last quarter. Cullen Frost Bankers Inc. bought a new stake in Fluor during the second quarter valued at about $33,000. Global Retirement Partners LLC grew its position in shares of Fluor by 91.7% in the fourth quarter. Global Retirement Partners LLC now owns 650 shares of the construction company’s stock valued at $26,000 after purchasing an additional 311 shares during the last quarter. Finally, Assetmark Inc. increased its stake in shares of Fluor by 249.0% in the fourth quarter. Assetmark Inc. now owns 677 shares of the construction company’s stock worth $27,000 after purchasing an additional 483 shares during the period. Institutional investors and hedge funds own 88.07% of the company’s stock.

More Fluor News

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Large SMR stake monetization: Fluor sold ~71.0M SMR shares on Feb. 13 for about $1.35B, materially boosting cash and reducing concentration in that investment — this improves flexibility to fund operations, pay down debt or redeploy capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Positive Sentiment: Analyst upgrades and bullish research: Zacks moved FLR to its Rank #1 (Strong Buy) and several broker reports raised price targets (Citigroup, DA Davidson), providing near-term buy-side support. New Strong Buy Stocks for February 24th
• Neutral Sentiment: Institutional positioning: several funds have added or initiated positions in recent quarters; 88% of shares remain institutionally held — supportive for liquidity but not an immediate catalyst. FLR analyst & institutional summary
• Negative Sentiment: Cluster of insider sales this week — multiple executives (including Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares in mid‑Feb at ~$52–53 — concentrated insider selling can amplify short-term negative sentiment. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results missed slightly: Q4 EPS and revenue were a touch below consensus and net margin was negative — leaves investors focused on execution and margin recovery. FLR earnings summary

Wall Street Analysts Forecast Growth

FLR has been the subject of several recent research reports. DA Davidson increased their price objective on Fluor from $55.00 to $60.00 and gave the stock a “buy” rating in a report on Thursday, February 19th. UBS Group reaffirmed a “buy” rating and set a $57.00 price target on shares of Fluor in a research note on Thursday, February 19th. Citigroup boosted their price target on Fluor from $57.00 to $61.00 and gave the company a “buy” rating in a research note on Friday. Truist Financial lifted their target price on shares of Fluor from $56.00 to $59.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Finally, Robert W. Baird increased their price target on shares of Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $52.29.

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.