7,900 Flowserve Corporation $FLS Shares Sold by VIRGINIA RETIREMENT SYSTEMS ET Al

VIRGINIA RETIREMENT SYSTEMS ET Al lowered its position in shares of Flowserve Corporation (NYSE:FLS) by 11.1% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 63,100 shares of the industrial products company’s stock after selling 7,900 shares during the period. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Flowserve were worth $4,614,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Partners Wealth Management LLC purchased a new position in shares of Flowserve in the third quarter valued at $229,000. D.A. Davidson & CO. lifted its holdings in Flowserve by 13.1% in the 3rd quarter. D.A. Davidson & CO. now owns 46,813 shares of the industrial products company’s stock worth $3,423,000 after buying an additional 5,416 shares in the last quarter. Robeco Schweiz AG acquired a new position in Flowserve in the 3rd quarter worth $1,305,000. Signaturefd LLC lifted its holdings in Flowserve by 17.0% in the 3rd quarter. Signaturefd LLC now owns 1,412 shares of the industrial products company’s stock worth $103,000 after buying an additional 205 shares in the last quarter. Finally, Iridian Asset Management LLC CT boosted its position in Flowserve by 203.8% in the 3rd quarter. Iridian Asset Management LLC CT now owns 28,403 shares of the industrial products company’s stock valued at $2,077,000 after buying an additional 19,055 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Flowserve Price Performance

FLS opened at $79.17 on Monday. The company has a market capitalization of $10.04 billion, a P/E ratio of 39.78, a PEG ratio of 1.76 and a beta of 1.23. The company has a 50-day moving average of $74.30 and a 200-day moving average of $76.42. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.53 and a current ratio of 2.10. Flowserve Corporation has a 1-year low of $63.27 and a 1-year high of $92.41.

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

Flowserve Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 25th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend was Friday, September 25th. Flowserve’s dividend payout ratio (DPR) is currently 44.22%.

Wall Street Analysts Forecast Growth

Several research firms recently commented on FLS. Stifel Nicolaus boosted their price target on Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Citigroup raised their price objective on Flowserve from $92.00 to $93.00 and gave the company a “buy” rating in a research note on Friday. Mizuho dropped their price objective on Flowserve from $91.00 to $85.00 and set an “outperform” rating on the stock in a report on Thursday, October 15th. The Goldman Sachs Group set a $82.00 target price on Flowserve in a research note on Thursday, July 30th. Finally, Royal Bank Of Canada increased their target price on Flowserve from $88.00 to $98.00 and gave the company an “outperform” rating in a research note on Friday. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Flowserve has an average rating of “Moderate Buy” and a consensus target price of $86.00.

More Flowserve News

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.

Flowserve Profile

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.