Flowserve (NYSE:FLS) Updates FY 2026 Earnings Guidance

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

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FLS. The Goldman Sachs Group restated a “neutral” rating and issued a $83.00 price target on shares of Flowserve in a research note on Thursday, April 30th. Zacks Research downgraded Flowserve from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. TD Cowen lowered Flowserve from a “buy” rating to a “hold” rating and decreased their target price for the stock from $85.00 to $70.00 in a research report on Wednesday, June 24th. Citigroup restated a “buy” rating on shares of Flowserve in a research note on Thursday, April 30th. Finally, Royal Bank Of Canada dropped their price target on shares of Flowserve from $98.00 to $91.00 and set an “outperform” rating on the stock in a report on Friday, May 1st. Six equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $86.70.

Flowserve Stock Performance

Flowserve stock traded down $3.39 during mid-day trading on Wednesday, reaching $70.04. 2,756,308 shares of the stock traded hands, compared to its average volume of 1,987,100. Flowserve has a 12-month low of $48.71 and a 12-month high of $92.41. The business’s 50-day moving average is $73.43 and its 200-day moving average is $76.90. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.22 and a quick ratio of 1.63. The stock has a market capitalization of $8.95 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 1.64 and a beta of 1.23.

Flowserve (NYSE:FLS) last announced its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.86 by $0.09. Flowserve had a return on equity of 21.46% and a net margin of 7.61%.The business had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. As a group, sell-side analysts predict that Flowserve will post 4.04 EPS for the current fiscal year.

Flowserve Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Friday, June 26th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.3%. The ex-dividend date was Friday, June 26th. Flowserve’s payout ratio is 32.59%.

Insider Buying and Selling

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

Institutional Investors Weigh In On Flowserve

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Parallel Advisors LLC boosted its position in Flowserve by 20.1% during the third quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock worth $51,000 after purchasing an additional 162 shares in the last quarter. IFP Advisors Inc increased its position in shares of Flowserve by 24.4% in the third quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock valued at $46,000 after buying an additional 163 shares in the last quarter. Inspire Advisors LLC increased its position in shares of Flowserve by 3.7% in the fourth quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company’s stock valued at $324,000 after buying an additional 165 shares in the last quarter. UMB Bank n.a. raised its stake in shares of Flowserve by 8.1% during the 4th quarter. UMB Bank n.a. now owns 2,230 shares of the industrial products company’s stock worth $155,000 after buying an additional 168 shares during the period. Finally, O Shaughnessy Asset Management LLC lifted its position in shares of Flowserve by 1.0% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 19,002 shares of the industrial products company’s stock valued at $1,318,000 after buying an additional 193 shares in the last quarter. 93.93% of the stock is owned by hedge funds and other institutional investors.

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.