Flowserve (NYSE:FLS) Stock Price Target Raised at Citigroup

Flowserve (NYSE:FLS) had its price target increased by Citigroup from $92.00 to $93.00 in a research report released on Friday morning,Benzinga reports. The firm currently has a buy rating on the industrial products company’s stock.

FLS has been the topic of a number of other reports. Stifel Nicolaus upped their target price on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a report on Friday, July 31st. Robert W. Baird set a $93.00 price target on Flowserve in a report on Friday, July 31st. Weiss Ratings upgraded Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Royal Bank Of Canada boosted their price target on Flowserve from $88.00 to $98.00 and gave the stock an “outperform” rating in a research report on Friday. Finally, The Goldman Sachs Group set a $82.00 price target on Flowserve in a research report on Thursday, July 30th. Seven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $86.00.

Flowserve Price Performance

NYSE:FLS opened at $79.17 on Friday. The stock has a market capitalization of $10.04 billion, a PE ratio of 39.78, a P/E/G ratio of 1.78 and a beta of 1.23. Flowserve has a 1-year low of $63.27 and a 1-year high of $92.41. The firm has a fifty day simple moving average of $74.30 and a 200 day simple moving average of $76.42. The company has a current ratio of 2.10, a quick ratio of 1.58 and a debt-to-equity ratio of 0.86.

Flowserve (NYSE:FLS) last posted its quarterly earnings results on Wednesday, October 28th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.09. Flowserve had a net margin of 5.42% and a return on equity of 22.14%. The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.24 billion. During the same period in the prior year, the firm posted $0.90 earnings per share. The company’s quarterly revenue was up 5.4% compared to the same quarter last year. On average, research analysts expect that Flowserve will post 4.12 EPS for the current fiscal year.

Flowserve Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Friday, September 25th were paid a $0.22 dividend. The ex-dividend date was Friday, September 25th. This represents a $0.88 annualized dividend and a yield of 1.1%. Flowserve’s payout ratio is 44.22%.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Pension & Wealth Management Advisors Inc. bought a new stake in shares of Flowserve during the 3rd quarter valued at $33,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Flowserve during the 2nd quarter worth $34,000. Global Retirement Partners LLC acquired a new stake in shares of Flowserve during the 2nd quarter worth $38,000. Root Financial Partners LLC bought a new position in shares of Flowserve in the third quarter worth $41,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Flowserve in the second quarter worth $48,000. Institutional investors own 93.93% of the company’s stock.

Flowserve News Roundup

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Analysts raised their targets and ratings. Citigroup increased its price target from $92 to $93 and assigned a “buy” rating, while Royal Bank of Canada raised its target from $88 to $98 and upgraded the stock to “outperform.” The new targets imply approximately 17.5% to 23.8% potential upside from the referenced share price. Citigroup Flowserve rating Royal Bank of Canada Flowserve rating
• Positive Sentiment: Third-quarter earnings exceeded expectations. Flowserve reported adjusted earnings of $1.07 per share, above the $0.98 analyst consensus and up from $0.90 a year earlier. Revenue was approximately $1.24 billion, in line with estimates and 5.4% higher year over year, while the company delivered its fifth consecutive earnings beat. Flowserve third-quarter earnings
• Neutral Sentiment: Full-year 2026 guidance was updated. Flowserve now expects EPS of $4.10 to $4.20, modestly above the $4.10 consensus at the midpoint. Revenue guidance of $4.8 billion to $4.9 billion reaches the $4.9 billion consensus only at the high end, indicating limited room for upside on sales. Flowserve revised 2026 guidance
• Negative Sentiment: Valuation and guidance caution may weigh on the stock. With a reported price-to-earnings ratio near 40, investors may require stronger revenue growth or additional guidance increases to justify further gains. The possibility that full-year revenue lands below the consensus estimate appears to have offset the earnings beat and bullish analyst actions.

About Flowserve

Flowserve Corporation is a global manufacturer of flow-control equipment and related services. The company designs, produces and services pumps, valves, mechanical seals and associated systems used to move, control and protect fluids in industrial processes.

Its products and services support applications across the energy, chemical and petrochemical, water, pharmaceutical, mining, power and general industrial markets. Flowserve also provides aftermarket services, including equipment repair, maintenance, upgrades and replacement parts, helping customers improve the reliability and efficiency of their operations.

Headquartered in Irving, Texas, Flowserve serves customers through manufacturing, sales and service operations in North America, Europe, Asia and other international markets.