AXQ Capital LP Invests $447,000 in Fluor Corporation $FLR

AXQ Capital LP acquired a new stake in Fluor Corporation (NYSE:FLR) in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 10,616 shares of the construction company’s stock, valued at approximately $447,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. MTM Investment Management LLC bought a new stake in shares of Fluor in the 2nd quarter valued at about $26,000. Hantz Financial Services Inc. increased its holdings in Fluor by 2,695.2% during the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock valued at $30,000 after buying an additional 566 shares during the period. CoreCap Advisors LLC raised its stake in Fluor by 129.5% in the third quarter. CoreCap Advisors LLC now owns 723 shares of the construction company’s stock worth $30,000 after buying an additional 408 shares in the last quarter. Solstein Capital LLC purchased a new stake in Fluor during the second quarter worth $38,000. Finally, Banque Transatlantique SA boosted its position in Fluor by 312.5% during the 2nd quarter. Banque Transatlantique SA now owns 825 shares of the construction company’s stock valued at $43,000 after acquiring an additional 625 shares in the last quarter. 88.07% of the stock is currently owned by institutional investors.

Key Stories 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 brokerages recently weighed in on FLR. Robert W. Baird upped their price objective on Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. UBS Group reissued a “buy” rating and set a $57.00 price target on shares of Fluor in a research report on Thursday, February 19th. Citigroup raised their price target on shares of Fluor from $57.00 to $61.00 and gave the company a “buy” rating in a report on Friday. Wall Street Zen upgraded shares of Fluor from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, Truist Financial increased their target price on shares of Fluor from $56.00 to $59.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $52.29.

Insider Transactions at Fluor

In related news, insider Tracey H. Cook sold 2,589 shares of the stock in a transaction that occurred on Thursday, February 19th. The shares were sold at an average price of $53.22, for a total value of $137,786.58. Following the transaction, the insider owned 10,731 shares in the company, valued at approximately $571,103.82. This represents a 19.44% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Kevin B. Hammonds sold 2,988 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $52.61, for a total transaction of $157,198.68. Following the transaction, the insider directly owned 16,273 shares of the company’s stock, valued at $856,122.53. This represents a 15.51% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 22,110 shares of company stock valued at $1,168,920 over the last quarter. Company insiders own 1.70% of the company’s stock.

Fluor Price Performance

Shares of FLR opened at $53.03 on Wednesday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.91. The company’s fifty day moving average price is $44.93 and its 200-day moving average price is $44.10. Fluor Corporation has a 1-year low of $29.20 and a 1-year high of $57.50. The firm has a market capitalization of $7.77 billion, a PE ratio of -67.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.37.

Fluor (NYSE:FLR) last issued its 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). The firm had revenue of $4.18 billion during 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 revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the business earned $0.48 EPS. On average, equities research analysts predict that Fluor Corporation will post 2.5 EPS for the current year.

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.