Flowserve (NYSE:FLS) Releases FY 2026 Earnings Guidance

Flowserve (NYSE:FLS) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of 4.050-4.200 for the period, compared to the consensus earnings per share estimate of 4.060. The company issued revenue guidance of $4.9 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on FLS. Citigroup restated a “buy” rating on shares of Flowserve in a report on Thursday, April 30th. Weiss Ratings downgraded shares of Flowserve from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Royal Bank Of Canada lowered their price target on Flowserve from $98.00 to $91.00 and set an “outperform” rating for the company in a research report on Friday, May 1st. Wall Street Zen lowered Flowserve from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Stifel Nicolaus raised their price objective on Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday. Six research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.30.

Flowserve Stock Performance

NYSE FLS traded up $0.10 during mid-day trading on Friday, reaching $75.42. 629,208 shares of the stock were exchanged, compared to its average volume of 1,987,314. The company has a market capitalization of $9.64 billion, a P/E ratio of 26.51, a P/E/G ratio of 1.58 and a beta of 1.23. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.63 and a current ratio of 2.22. The business’s 50 day moving average is $73.60 and its 200-day moving average is $76.90. Flowserve has a 1 year low of $48.71 and a 1 year high of $92.41.

Flowserve (NYSE:FLS) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.52%. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The company’s revenue was down 1.6% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, equities research analysts forecast that Flowserve will post 4.04 EPS for the current fiscal year.

Flowserve Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were paid a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, June 26th. Flowserve’s dividend payout ratio is presently 32.59%.

Insider Transactions at Flowserve

In related news, Director Brian D. Savoy purchased 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $67.34 per share, with a total value of $67,340.00. Following the purchase, the director owned 1,000 shares of the company’s stock, valued at $67,340. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the stock. T. Rowe Price Investment Management Inc. lifted its stake in shares of Flowserve by 102.7% in the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,731,665 shares of the industrial products company’s stock worth $120,143,000 after buying an additional 877,327 shares in the last quarter. Invesco Ltd. grew its position in shares of Flowserve by 33.1% in the fourth quarter. Invesco Ltd. now owns 329,749 shares of the industrial products company’s stock valued at $22,878,000 after purchasing an additional 81,996 shares in the last quarter. Corient Private Wealth LLC lifted its position in Flowserve by 38.9% during the fourth quarter. Corient Private Wealth LLC now owns 11,329 shares of the industrial products company’s stock worth $787,000 after buying an additional 3,171 shares in the last quarter. Ameriflex Group Inc. acquired a new stake in shares of Flowserve in the 4th quarter worth $78,000. Finally, Vident Advisory LLC purchased a new stake in Flowserve in the 4th quarter valued at about $355,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

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.