Flowserve (NYSE:FLS) Raised to "Buy" at Wall Street Zen

Key Points

• Wall Street Zen upgraded Flowserve to “buy” from “hold,” joining a generally positive analyst view. Seven analysts rate the stock Buy and four rate it Hold, with a consensus rating of “Moderate Buy” and an $86 target price.
• Flowserve reported third-quarter EPS of $1.07, beating the $0.98 consensus estimate, while revenue rose 5.4% year over year to $1.24 billion, in line with expectations.
• Shares opened at $79.17, and institutional investors own approximately 93.9% of the stock. Despite bullish ratings and strong earnings, valuation and updated revenue guidance could limit further upside.

Flowserve (NYSE:FLS - Get Free Report) was upgraded by equities research analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a report issued on Saturday, Wall Street Zen reports.

A number of other equities research analysts also recently weighed in on FLS. Stifel Nicolaus upped their target price on Flowserve from $92.00 to $94.00 and gave the stock a "buy" rating in a research report on Friday, July 31st. Weiss Ratings upgraded Flowserve from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Wednesday, October 21st. Robert W. Baird set a $93.00 price target on Flowserve in a research report on Friday, July 31st. Citigroup boosted their price objective on Flowserve from $92.00 to $93.00 and gave the stock a "buy" rating in a research note on Friday. Finally, Mizuho cut their price objective on Flowserve from $91.00 to $85.00 and set an "outperform" rating for the company in a report on Thursday, October 15th. Seven analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $86.00.

Flowserve Stock Down 1.5%

FLS stock opened at $79.17 on Friday. The firm's 50-day moving average is $74.30 and its two-hundred day moving average is $76.42. The company has a market capitalization of $10.04 billion, a price-to-earnings ratio of 20.19, a price-to-earnings-growth ratio of 1.78 and a beta of 1.23. Flowserve has a 52 week low of $63.27 and a 52 week high of $92.41. 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 - Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $1.07 earnings per share (EPS) for the quarter, beating 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 business had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.24 billion. During the same period last year, the firm posted $0.90 earnings per share. The business's revenue was up 5.4% on a year-over-year basis. On average, analysts forecast that Flowserve will post 4.12 earnings per share for the current fiscal year.

Institutional Trading of Flowserve

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. acquired a new stake in shares of Flowserve in the second quarter worth $999,631,000. PointState Capital LP purchased a new position in shares of Flowserve during the second quarter valued at $196,837,000. Bank of New York Mellon Corp raised its position in Flowserve by 5.1% during the first quarter. Bank of New York Mellon Corp now owns 2,448,977 shares of the industrial products company's stock valued at $180,024,000 after buying an additional 118,254 shares during the period. Bank of America Corp DE acquired a new position in Flowserve during the second quarter valued at $144,400,000. Finally, William Blair Investment Management LLC acquired a new position in Flowserve during the second quarter valued at $84,869,000. 93.93% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Flowserve

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.

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