Flowserve (NYSE:FLS) Upgraded by Zacks Research to Strong-Buy Rating

Flowserve (NYSE:FLS) was upgraded by equities researchers at Zacks Research 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 equities analysts have also recently weighed in on FLS. Mizuho upped their price objective on shares of Flowserve from $74.00 to $91.00 and gave the company an “outperform” rating in a research report on Monday, February 9th. The Goldman Sachs Group reissued a “neutral” rating and issued a $88.00 price target on shares of Flowserve in a report on Monday, February 9th. Weiss Ratings downgraded Flowserve from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, February 18th. Bank of America reaffirmed a “neutral” rating and issued a $73.00 target price (up from $60.00) on shares of Flowserve in a research report on Friday, November 14th. Finally, Jefferies Financial Group raised their price target on shares of Flowserve from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, Flowserve presently has an average rating of “Moderate Buy” and a consensus price target of $88.80.

Flowserve Stock Down 4.6%

Shares of NYSE:FLS opened at $83.51 on Monday. The company has a market capitalization of $10.63 billion, a price-to-earnings ratio of 31.87, a price-to-earnings-growth ratio of 1.94 and a beta of 1.27. The company has a 50 day moving average of $79.67 and a two-hundred day moving average of $67.36. Flowserve has a 52-week low of $37.34 and a 52-week high of $92.41. The company has a quick ratio of 1.50, a current ratio of 2.03 and a debt-to-equity ratio of 0.68.

Flowserve (NYSE:FLS) last posted its earnings results on Thursday, February 5th. The industrial products company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $0.94 by $0.17. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.26 billion. Flowserve had a net margin of 7.32% and a return on equity of 21.19%. The business’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 company posted $0.70 earnings per share. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. As a group, analysts forecast that Flowserve will post 3.18 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Flowserve

Large investors have recently added to or reduced their stakes in the company. Massachusetts Financial Services Co. MA increased its stake in Flowserve by 104.4% during the third quarter. Massachusetts Financial Services Co. MA now owns 4,333,481 shares of the industrial products company’s stock valued at $230,281,000 after purchasing an additional 2,213,406 shares during the last quarter. Boston Partners acquired a new position in shares of Flowserve in the 2nd quarter valued at about $223,561,000. UBS Group AG grew its position in shares of Flowserve by 67.8% during the 3rd quarter. UBS Group AG now owns 4,146,917 shares of the industrial products company’s stock valued at $220,367,000 after buying an additional 1,676,284 shares during the last quarter. AQR Capital Management LLC raised its stake in Flowserve by 9.9% during the third quarter. AQR Capital Management LLC now owns 3,230,118 shares of the industrial products company’s stock worth $171,648,000 after acquiring an additional 290,226 shares during the period. Finally, Earnest Partners LLC lifted its holdings in Flowserve by 5.0% in the third quarter. Earnest Partners LLC now owns 2,885,879 shares of the industrial products company’s stock worth $153,356,000 after acquiring an additional 136,867 shares during the last quarter. 93.93% of the stock is currently owned by institutional investors.

About Flowserve

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.