M&T Bank Corp Buys Shares of 20,293 Flowserve Corporation $FLS

M&T Bank Corp bought a new stake in shares of Flowserve Corporation (NYSE:FLS) during the 4th quarter, HoldingsChannel reports. The firm bought 20,293 shares of the industrial products company’s stock, valued at approximately $1,366,000.

Several other institutional investors have also added to or reduced their stakes in FLS. BOKF NA purchased a new stake in Flowserve during the 3rd quarter valued at $28,000. Measured Wealth Private Client Group LLC purchased a new stake in Flowserve during the 3rd quarter valued at $36,000. Bruce G. Allen Investments LLC purchased a new stake in Flowserve during the 3rd quarter valued at $40,000. IFP Advisors Inc boosted its stake in Flowserve by 24.4% during the 3rd quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 163 shares during the last quarter. Finally, Parallel Advisors LLC boosted its stake in shares of Flowserve by 20.1% in the 3rd quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock worth $51,000 after buying an additional 162 shares during the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on FLS. Weiss Ratings downgraded Flowserve from a “buy (b-)” rating to a “hold (c)” rating in a research note on Wednesday, February 18th. Royal Bank Of Canada raised their price target on Flowserve from $83.00 to $96.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Robert W. Baird set a $98.00 price target on Flowserve in a research note on Monday, February 9th. Stifel Nicolaus raised their price target on Flowserve from $97.00 to $102.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. Finally, Mizuho raised their price target on Flowserve from $74.00 to $91.00 and gave the stock an “outperform” rating in a research note on Monday, February 9th. Eight research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $89.70.

Flowserve Stock Performance

FLS stock opened at $84.13 on Thursday. The company has a market cap of $10.75 billion, a P/E ratio of 32.11, a price-to-earnings-growth ratio of 1.96 and a beta of 1.33. Flowserve Corporation has a 1 year low of $43.47 and a 1 year high of $92.41. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.03 and a quick ratio of 1.50. The stock’s fifty day moving average price is $80.25 and its 200-day moving average price is $74.23.

Flowserve (NYSE:FLS) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.03. The company had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.18 billion. Flowserve had a return on equity of 21.19% and a net margin of 7.32%.Flowserve’s quarterly revenue was down 6.7% compared to the same quarter last year. During the same period in the previous year, the business earned $0.72 earnings per share. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. On average, equities analysts forecast that Flowserve Corporation will post 4.09 earnings per share for the current year.

Flowserve Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.0%. This is a boost from Flowserve’s previous quarterly dividend of $0.21. The ex-dividend date was Friday, March 27th. Flowserve’s dividend payout ratio (DPR) is presently 33.59%.

Trending Headlines about Flowserve

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Strong backlog/bookings and aftermarket strength: Q1 bookings were $1.15B (including >$110M nuclear and ~$680M aftermarket), and adjusted operating margin expanded — a sign of durable aftermarket demand and margin leverage. Business Wire: Q1 Results
• Positive Sentiment: Activist interest from Starboard: reports that Starboard built a stake and is pushing for changes boosted investor attention and earlier price strength, which could accelerate strategic or capital-allocation moves. Bloomberg / MSN: Starboard stake
• Neutral Sentiment: Reported EPS and liquidity: Flowserve reported $0.85 EPS for Q1 (some outlets flagged this as a beat vs select estimates) and ended the quarter with a stronger cash balance (~$792M), supporting liquidity and optionality. Zacks: EPS Coverage
• Neutral Sentiment: FY‑2026 guidance roughly in-line but slightly cautious: management set EPS guidance of $4.00–4.20 (consensus ~4.11) and revenue guidance ~$4.9–5.0B (consensus ~5.0B), leaving limited upside to Street expectations. Company Press Release / Slides
• Negative Sentiment: Revenue miss and top-line pressure: Q1 revenue was $1.07B, down 6.7% YoY and below the consensus (~$1.18B), which keeps investor focus on order trends and end-market demand. QuiverQuant: Financials & Reaction
• Negative Sentiment: Execution and cash-flow concerns plus insider selling: operating profit declined and operating cash flow was negative in the quarter; Quiver also documents recent insider sales and sizable institutional reductions that may weigh on sentiment. QuiverQuant: Cash flow & Insider Activity

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.