Flowco (NYSE:FLOC) Upgraded at Zacks Research

Zacks Research upgraded shares of Flowco (NYSE:FLOC) from a hold rating to a strong-buy rating in a report published on Wednesday,Zacks.com reports.

Other research analysts have also recently issued research reports about the company. Wall Street Zen raised Flowco from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 21st. Piper Sandler raised their price target on Flowco from $28.00 to $32.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. BMO Capital Markets upped their price objective on Flowco from $24.00 to $26.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Flowco in a research report on Friday, January 9th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $30.00 target price on shares of Flowco in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $28.25.

Flowco Stock Performance

Shares of NYSE:FLOC opened at $20.56 on Wednesday. The company has a current ratio of 3.34, a quick ratio of 1.42 and a debt-to-equity ratio of 0.78. Flowco has a 12 month low of $14.03 and a 12 month high of $24.91. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 17.42 and a beta of 0.18. The firm’s 50-day moving average is $22.17 and its 200 day moving average is $18.88.

Flowco Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, February 25th. Investors of record on Friday, February 13th were paid a $0.08 dividend. The ex-dividend date of this dividend was Friday, February 13th. This represents a $0.32 annualized dividend and a yield of 1.6%. Flowco’s dividend payout ratio is 27.12%.

Insiders Place Their Bets

In related news, Director Jonathan B. Fairbanks sold 1,170,000 shares of Flowco stock in a transaction dated Thursday, March 26th. The stock was sold at an average price of $21.18, for a total value of $24,780,600.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Chad Roberts sold 54,706 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $22.39, for a total transaction of $1,224,867.34. Following the transaction, the executive vice president owned 67,008 shares in the company, valued at approximately $1,500,309.12. The trade was a 44.95% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 9,104,790 shares of company stock valued at $192,862,737.

Hedge Funds Weigh In On Flowco

A number of hedge funds and other institutional investors have recently modified their holdings of FLOC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. purchased a new position in Flowco during the first quarter valued at approximately $298,000. Goldman Sachs Group Inc. bought a new stake in Flowco during the 1st quarter valued at $878,000. Woodline Partners LP purchased a new position in shares of Flowco in the 1st quarter valued at $1,282,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC bought a new position in shares of Flowco in the 1st quarter worth $3,070,000. Finally, Strs Ohio purchased a new stake in shares of Flowco during the 1st quarter worth $92,000.

Key Headlines Impacting Flowco

Here are the key news stories impacting Flowco this week:

• Positive Sentiment: Zacks upgraded FLOC to a “Strong Buy” (Rank #1) and added the stock to several Zacks lists (momentum, value, income), boosting short‑term optimism about earnings and valuation. This upgrade is likely the main positive catalyst behind buying interest today. Flowco Holdings Inc. (FLOC) Upgraded to Strong Buy: Here’s Why
• Neutral Sentiment: Analyst and institutional activity supports the bullish case: BMO raised its price target, Jefferies reiterated a buy with a $30 target, and several large institutions have increased stakes — these provide underlying fundamental support but do not create immediate directional pressure by themselves. MarketBeat’s company note also highlights the recent quarterly dividend (annualized $0.32, ~1.6% yield), which is income‑supportive for investors. Flowco company note and analyst/ dividend summary
• Negative Sentiment: Significant insider selling: Director Jonathan Fairbanks sold 1,170,000 shares (about $24.8M at ~$21.18) in a March 26 filing. Large director sales can raise governance or timing concerns and may offset some of the upgrade‑driven buying. Insider Selling: Flowco (NYSE:FLOC) Director Sells 1,170,000 Shares of Stock

Flowco Company Profile

We are a leading provider of production optimization, artificial lift and methane abatement solutions for the oil and natural gas industry. Our products and services include a full range of equipment and technology solutions that enable our customers to efficiently and cost-effectively maximize the profitability and economic lifespan of the production phase of their operations. Our principal products and services are organized into two business segments: (i) Production Solutions; and (ii) Natural Gas Technologies.