Fluor Corporation $FLR Shares Bought by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. raised its position in Fluor Corporation (NYSE:FLRFree Report) by 195.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 247,829 shares of the construction company’s stock after acquiring an additional 164,081 shares during the period. Envestnet Asset Management Inc. owned approximately 0.15% of Fluor worth $10,426,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in FLR. MTM Investment Management LLC purchased a new stake in Fluor in the 2nd quarter valued at approximately $26,000. IFP Advisors Inc acquired a new position in Fluor during the second quarter worth $27,000. Hantz Financial Services Inc. raised its position in Fluor by 2,695.2% in the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after acquiring an additional 566 shares in the last quarter. Cullen Frost Bankers Inc. purchased a new stake in shares of Fluor during the 2nd quarter worth $33,000. Finally, CoreCap Advisors LLC grew its stake in shares of Fluor by 129.5% during the 3rd quarter. CoreCap Advisors LLC now owns 723 shares of the construction company’s stock worth $30,000 after purchasing an additional 408 shares during the period. 88.07% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Fluor

Here are the key news stories impacting Fluor this week:

  • Positive Sentiment: Fluor sold 71 million NuScale shares for $1.35 billion and launched a trading program for the remaining 40 million shares — this materially improves liquidity, reduces exposure to NuScale, and funds shareholder returns / strategic uses. Article Title
  • Positive Sentiment: Management reiterated confidence in capturing significant EPC awards in 2026–27 and highlighted progress in monetizing NuScale — messaging that supports higher future backlog and cash deployment options. Article Title
  • Positive Sentiment: Operational wins in nuclear and mining project execution were reported, signaling improving execution after recent setbacks — a potential catalyst for new awards and margin recovery. Article Title
  • Neutral Sentiment: Analyst action: Robert W. Baird raised its price target from $45 to $48 but kept a “neutral” rating — a modest endorsement but the PT still sits below the current trading level, implying limited near-term analyst upside. Article Title
  • Neutral Sentiment: Potential policy tailwind: H.R. 7459 (Coastal Trust Fund Act) would create a dedicated coastal-storm infrastructure fund — if enacted it could expand federally funded project opportunities for contractors like Fluor, but passage and timing are uncertain. Article Title
  • Negative Sentiment: Q4 results: Fluor reported $0.33 EPS (vs. $0.34 consensus) and $4.17–4.18B revenue (vs. ~$4.27B consensus), a small miss that led to an earlier selloff — declining quarterly revenue and lower EPS versus prior year highlight near-term execution/volume pressure. Article Title
  • Negative Sentiment: Market/valuation concerns: Commentary and analysis pieces argue the stock looks fully valued after the Q4 print and recent run-up, which could limit further upside absent stronger order visibility or margin improvement. Article Title
  • Negative Sentiment: Risk disclosure: Fluor flagged heightened revenue, regulatory and reputational risks from heavy dependence on U.S. federal contracts — concentration risk that can amplify revenue volatility if federal spending or awarding patterns shift. Article Title

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Wall Street Zen raised shares of Fluor from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. DA Davidson upped their price target on Fluor from $50.00 to $55.00 and gave the stock a “buy” rating in a report on Monday, November 10th. UBS Group reduced their price objective on Fluor from $56.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, November 13th. Weiss Ratings lowered Fluor from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday. Finally, Truist Financial boosted their price objective on shares of Fluor from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has an average rating of “Hold” and a consensus price target of $49.86.

Get Our Latest Stock Report on Fluor

Fluor Trading Up 4.4%

Shares of FLR stock opened at $50.69 on Thursday. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of -64.99, a PEG ratio of 7.07 and a beta of 1.37. The company has a current ratio of 1.91, a quick ratio of 1.45 and a debt-to-equity ratio of 0.33. The firm has a 50-day moving average price of $44.20 and a 200 day moving average price of $43.80. Fluor Corporation has a twelve month low of $29.20 and a twelve month high of $57.50.

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

Fluor Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Fluor (NYSE:FLR)

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