Insider Selling: Fluor (NYSE:FLR) Insider Sells $179,815.83 in Stock

Fluor Corporation (NYSE:FLR) insider Anthony Morgan sold 3,387 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $53.09, for a total value of $179,815.83. Following the transaction, the insider owned 45,999 shares in the company, valued at $2,442,086.91. The trade was a 6.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

Fluor Trading Up 2.7%

Shares of NYSE:FLR traded up $1.40 during mid-day trading on Tuesday, hitting $53.03. The company had a trading volume of 3,227,824 shares, compared to its average volume of 2,955,789. The company has a market capitalization of $7.77 billion, a PE ratio of -67.99, a price-to-earnings-growth ratio of 1.37 and a beta of 1.37. Fluor Corporation has a one year low of $29.20 and a one year high of $57.50. The firm has a fifty day moving average price of $44.73 and a 200 day moving average price of $44.02. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.91.

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

Hedge Funds Weigh In On Fluor

Hedge funds and other institutional investors have recently modified their holdings of the business. DLD Asset Management LP bought a new stake in Fluor during the second quarter worth $1,025,400,000. Starboard Value LP bought a new stake in shares of Fluor during the 4th quarter worth $205,732,000. AQR Capital Management LLC grew its position in Fluor by 163.1% during the fourth quarter. AQR Capital Management LLC now owns 5,167,676 shares of the construction company’s stock valued at $204,795,000 after buying an additional 3,203,712 shares during the period. Dimensional Fund Advisors LP increased its holdings in Fluor by 9.1% during the fourth quarter. Dimensional Fund Advisors LP now owns 4,515,657 shares of the construction company’s stock worth $178,962,000 after buying an additional 377,985 shares during the last quarter. Finally, Rubric Capital Management LP raised its position in Fluor by 12.5% in the third quarter. Rubric Capital Management LP now owns 4,500,000 shares of the construction company’s stock worth $189,315,000 after acquiring an additional 500,000 shares during the period. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on FLR shares. Weiss Ratings lowered shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Wall Street Zen raised shares of Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Zacks Research raised shares of Fluor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. Citigroup boosted their price objective on Fluor from $57.00 to $61.00 and gave the stock a “buy” rating in a report on Friday. Finally, Truist Financial raised their target price on Fluor from $56.00 to $59.00 and gave the company a “buy” rating in a report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Fluor 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 added FLR to its Rank #1 (Strong Buy) momentum list, giving the stock near-term buy-side visibility and momentum flows. Best Momentum Stocks to Buy for February 24th
• Positive Sentiment: Fluor monetized a large SMR position — selling ~71.0M SMR shares on Feb. 13 for roughly $1.35B — materially increasing cash on the balance sheet and lowering concentration in that holding, which can be used to fund operations, pay down liabilities or redeploy to higher-return projects. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Neutral Sentiment: Brokerage coverage remains generally constructive — FLR carries an average “Moderate Buy” consensus and several firms have raised price targets (Citigroup, DA Davidson, Robert W. Baird), supporting medium‑term analyst backing but leaving mixed messages from a minority of downgrades. FLR analyst coverage and targets
• Neutral Sentiment: Market commentary and peripheral industry/region items (e.g., non‑Fluor project/region news) appeared but are unlikely to move FLR’s near‑term fundamentals. Stallion India Fluorochemicals secures land
• Negative Sentiment: Multiple insiders disclosed sales this week (Mark E. Fields, Kevin B. Hammonds, Tracey H. Cook, Pierre E. Bechelany). Concurrent insider selling can create near‑term selling pressure and raise investor questions about timing/intent. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results showed a slight EPS and revenue miss and a negative net margin, highlighting execution and margin pressures that may keep some investors cautious until guidance or margin improvement is confirmed. FLR earnings summary

Fluor Company 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.