Ceredex Value Advisors LLC purchased a new stake in Flowserve Corporation (NYSE:FLS – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 362,985 shares of the industrial products company’s stock, valued at approximately $26,919,000.
Several other hedge funds and other institutional investors have also made changes to their positions in FLS. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Flowserve in the 2nd quarter worth about $34,000. Global Retirement Partners LLC purchased a new position in Flowserve during the 2nd quarter valued at about $38,000. Atlas Capital Advisors Inc. purchased a new position in Flowserve during the 4th quarter valued at about $36,000. BOKF NA acquired a new position in Flowserve during the third quarter worth about $28,000. Finally, Measured Wealth Private Client Group LLC acquired a new position in Flowserve during the third quarter worth about $36,000. Institutional investors and hedge funds own 93.93% of the company’s stock.
Key Headlines Impacting Flowserve
Here are the key news stories impacting Flowserve this week:
- Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for Flowserve to $4.08 from $4.03, FY2027 to $4.61 from $4.59 and FY2028 to $5.18 from $5.13. It also raised Q4 2026 EPS to $1.27 from $1.25, Q4 2027 to $1.45 from $1.37 and Q2 2028 to $1.16 from $1.15. The upgrades suggest improving expectations for Flowserve’s longer-term earnings growth.
- Positive Sentiment: Industry conditions appear supportive. Zacks said increased manufacturing activity, technological progress and strategic acquisitions are strengthening the general industrial manufacturing sector, naming FLS among stocks positioned to benefit. 4 Industrial Manufacturing Stocks to Gain on Robust Industry Trends
- Positive Sentiment: The broader Zacks industry outlook also highlighted Flowserve alongside Dover, Applied Industrial Technologies and Generac as companies that could benefit from favorable general industrial trends. Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve
- Neutral Sentiment: Zacks lowered its Q3 2026 EPS forecast to $1.01 from $1.04, indicating some pressure or caution in the immediate earnings outlook. Its revised FY2026 estimate of $4.08 is also slightly below the $4.10 consensus forecast.
- Neutral Sentiment: A recent roundup of second-quarter results for gas- and liquid-handling companies included Flowserve, but the available report details do not indicate a new company-specific catalyst. Q2 earnings roundup: Flowserve and the gas and liquid handling segment
Flowserve Price Performance
Flowserve (NYSE:FLS – Get Free Report) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The company’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.91 earnings per share. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Research analysts expect that Flowserve Corporation will post 4.1 EPS for the current year.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on FLS. Stifel Nicolaus increased their price target on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research report on Friday, July 31st. The Goldman Sachs Group set a $82.00 price objective on Flowserve in a research report on Thursday, July 30th. Weiss Ratings raised Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Royal Bank Of Canada upped their target price on Flowserve from $91.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Finally, Wall Street Zen downgraded Flowserve from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Seven investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $86.60.
Get Our Latest Report on Flowserve
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.
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