Tracey Cook Sells 2,589 Shares of Fluor (NYSE:FLR) Stock

Fluor Corporation (NYSE:FLR) insider Tracey Cook sold 2,589 shares of the stock in a transaction dated Thursday, February 19th. The stock was sold at an average price of $53.22, for a total transaction of $137,786.58. Following the transaction, the insider directly owned 10,731 shares of the company’s stock, valued at $571,103.82. This represents a 19.44% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Fluor Price Performance

Shares of FLR opened at $53.03 on Wednesday. The firm has a market capitalization of $7.77 billion, a PE ratio of -67.99, a P/E/G ratio of 1.31 and a beta of 1.37. The stock’s 50 day moving average is $44.93 and its two-hundred day moving average is $44.10. Fluor Corporation has a twelve month low of $29.20 and a twelve month high of $57.50. 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 (NYSE:FLR) last posted its quarterly earnings results on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). Fluor had a negative net margin of 0.34% and a positive return on equity of 7.96%. The business had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period in the prior year, the business earned $0.48 earnings per share. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. Research analysts anticipate that Fluor Corporation will post 2.5 earnings per share for the current year.

Key Headlines Impacting Fluor

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

Analysts Set New Price Targets

A number of analysts recently commented on FLR shares. Wall Street Zen raised shares of Fluor from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Citigroup boosted their price target on Fluor from $57.00 to $61.00 and gave the stock a “buy” rating in a research note on Friday. DA Davidson raised their price objective on Fluor from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Truist Financial boosted their target price on Fluor from $56.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Finally, Robert W. Baird raised their price target on Fluor from $45.00 to $48.00 and gave the company a “neutral” rating in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $52.29.

Hedge Funds Weigh In On Fluor

A number of institutional investors have recently made changes to their positions in the stock. DLD Asset Management LP acquired a new stake in shares of Fluor during the second quarter valued at $1,025,400,000. Starboard Value LP purchased a new position in Fluor in the 4th quarter valued at about $205,732,000. AQR Capital Management LLC boosted its stake in shares of Fluor by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 5,167,676 shares of the construction company’s stock worth $204,795,000 after purchasing an additional 3,203,712 shares during the last quarter. Dimensional Fund Advisors LP grew its holdings in shares of Fluor by 9.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,515,657 shares of the construction company’s stock worth $178,962,000 after buying an additional 377,985 shares in the last quarter. Finally, Rubric Capital Management LP raised its position in shares of Fluor by 12.5% in the third quarter. Rubric Capital Management LP now owns 4,500,000 shares of the construction company’s stock valued at $189,315,000 after buying an additional 500,000 shares during the last quarter. 88.07% of the stock is owned by institutional investors and hedge funds.

Fluor Company Profile

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.