Flowserve (NYSE:FLS) Upgraded at Zacks Research

Zacks Research upgraded shares of Flowserve (NYSE:FLS) from a hold rating to a strong-buy rating in a research note issued to investors on Monday,Zacks.com reports. Zacks Research also issued estimates for Flowserve’s Q1 2026 earnings at $0.84 EPS, Q3 2026 earnings at $1.01 EPS, Q1 2027 earnings at $0.96 EPS, Q2 2027 earnings at $1.09 EPS, Q3 2027 earnings at $1.11 EPS, Q4 2027 earnings at $1.34 EPS, FY2027 earnings at $4.51 EPS and FY2028 earnings at $5.16 EPS.

A number of other analysts have also weighed in on FLS. Bank of America reissued a “neutral” rating and issued a $73.00 price target (up from $60.00) on shares of Flowserve in a report on Friday, November 14th. Jefferies Financial Group boosted their target price on Flowserve from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Robert W. Baird set a $98.00 price target on Flowserve in a research note on Monday, February 9th. UBS Group lifted their price objective on Flowserve from $65.00 to $82.00 and gave the stock a “buy” rating in a research report on Tuesday, November 4th. Finally, TD Cowen reissued a “buy” rating on shares of Flowserve in a report on Thursday, February 19th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $88.80.

Flowserve Price Performance

Flowserve stock opened at $82.92 on Monday. The business’s fifty day moving average is $79.91 and its two-hundred day moving average is $67.47. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.50 and a current ratio of 2.03. The firm has a market cap of $10.55 billion, a P/E ratio of 31.65, a P/E/G ratio of 1.85 and a beta of 1.27. Flowserve has a 52 week low of $37.34 and a 52 week high of $92.41.

Flowserve (NYSE:FLS) last released its quarterly earnings results on Thursday, February 5th. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.94 by $0.17. The business had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.26 billion. Flowserve had a return on equity of 21.19% and a net margin of 7.32%.The firm’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same period in the previous year, the business posted $0.70 earnings per share. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. Equities research analysts forecast that Flowserve will post 3.18 earnings per share for the current fiscal year.

Flowserve Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Friday, March 27th. This is a positive change from Flowserve’s previous quarterly dividend of $0.21. Flowserve’s payout ratio is 32.06%.

Institutional Investors Weigh In On Flowserve

Several large investors have recently bought and sold shares of FLS. First Horizon Advisors Inc. acquired a new position in shares of Flowserve in the 2nd quarter valued at $26,000. BOKF NA acquired a new stake in Flowserve during the 3rd quarter worth $28,000. Hantz Financial Services Inc. lifted its holdings in Flowserve by 149.8% during the second quarter. Hantz Financial Services Inc. now owns 697 shares of the industrial products company’s stock worth $36,000 after acquiring an additional 418 shares in the last quarter. Atlas Capital Advisors Inc. acquired a new position in Flowserve in the fourth quarter valued at about $36,000. Finally, Measured Wealth Private Client Group LLC bought a new stake in shares of Flowserve in the third quarter worth about $36,000. Institutional investors own 93.93% of the company’s stock.

Flowserve Company Profile

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.