Wealthcare Advisory Partners LLC Acquires New Shares in Fluor Corporation $FLR

Wealthcare Advisory Partners LLC purchased a new position in Fluor Corporation (NYSE:FLR) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 9,541 shares of the construction company’s stock, valued at approximately $401,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in FLR. DLD Asset Management LP bought a new position in Fluor in the 2nd quarter worth about $1,025,400,000. Rubric Capital Management LP bought a new position in shares of Fluor in the second quarter valued at approximately $205,080,000. Sourcerock Group LLC purchased a new position in Fluor during the second quarter valued at approximately $85,327,000. Balyasny Asset Management L.P. increased its holdings in Fluor by 90.9% during the 2nd quarter. Balyasny Asset Management L.P. now owns 1,586,492 shares of the construction company’s stock worth $81,339,000 after acquiring an additional 755,337 shares during the period. Finally, Ameriprise Financial Inc. lifted its stake in Fluor by 361.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 1,507,442 shares of the construction company’s stock worth $77,289,000 after purchasing an additional 1,180,838 shares in the last quarter. 88.07% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen upgraded shares of Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. 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. Robert W. Baird raised their price target on Fluor from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday. Weiss Ratings lowered Fluor from a “hold (c)” rating to a “sell (d+)” rating in a report on Tuesday. Finally, DA Davidson raised their target price on shares of Fluor from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Fluor presently has a consensus rating of “Moderate Buy” and an average target price of $52.29.

More Fluor News

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Zacks upgraded FLR to a “Strong Buy” (Zacks Rank #1), signaling growing optimism about Fluor’s near-term earnings prospects — upgrades like this often trigger buying from model-driven funds and retail investors. Read More.
• Positive Sentiment: Robert W. Baird published a bullish forecast calling for strong price appreciation for FLR, which can attract institutional interest and support upward momentum. Read More.
• Positive Sentiment: Media coverage is signaling bullish analyst sentiment on industrials that includes Fluor, which helps investor sentiment and relative-sector flows. Read More.
• Positive Sentiment: Feature pieces highlighting Fluor’s backlog and five‑year investor returns underline durable revenue visibility in project-heavy segments — a narrative that supports a higher multiple for the stock. Read More.
• Neutral Sentiment: Zacks content on FLR’s momentum ranking and comparisons with peers (BCKIY) provides valuation and style-score context for investors but is less of an immediate price catalyst. Read More. Read More.
• Negative Sentiment: Analysts and commentators note structural risks: Fluor is cyclical and some coverage raises the possibility that AI and tech-driven changes could disrupt parts of the engineering/project workflow — a longer‑term risk to margins and staffing. Read More.
• Negative Sentiment: Fundamental drag from the Feb. 17 quarter: EPS of $0.33 missed consensus by $0.01 and revenue came in below estimates ($4.18B vs. ~$4.27B), with a small negative net margin — reminders that execution and contract timing can pressure results. (Earnings release/filings)

Fluor Price Performance

FLR opened at $53.67 on Friday. 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 stock has a market capitalization of $7.87 billion, a P/E ratio of -68.80, a PEG ratio of 1.53 and a beta of 1.37. The stock has a 50-day moving average price of $44.56 and a 200-day moving average price of $43.97. Fluor Corporation has a 12-month low of $29.20 and a 12-month high of $57.50.

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

Fluor 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.