B. Metzler seel. Sohn & Co. AG Acquires New Stake in Flowserve Corporation $FLS

Key Points

• B. Metzler seel. Sohn & Co. AG acquired 63,909 Flowserve shares worth approximately $4.7 million, joining other institutions that increased their positions. Institutional investors now own 93.93% of FLS.
• Flowserve beat quarterly expectations with $0.95 EPS versus $0.86 forecast and $1.17 billion in revenue versus $1.16 billion expected, although revenue declined 1.6% year over year. Shares recently traded at $79.33, up 1.6%.
• Analysts remain moderately bullish, with seven Buy ratings and four Holds and an average price target of $86.60. However, TD Cowen downgraded the stock to Hold, while Zacks raised its longer-term earnings estimates.

B. Metzler seel. Sohn & Co. AG purchased a new stake in shares of Flowserve Corporation (NYSE:FLS - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 63,909 shares of the industrial products company's stock, valued at approximately $4,739,000. B. Metzler seel. Sohn & Co. AG owned 0.05% of Flowserve as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently modified their holdings of the company. Comprehensive Money Management Services LLC increased its holdings in shares of Flowserve by 1.5% in the first quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company's stock valued at $625,000 after buying an additional 125 shares in the last quarter. BTC Capital Management Inc. lifted its position in Flowserve by 2.5% in the 1st quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company's stock worth $480,000 after buying an additional 162 shares in the last quarter. Parallel Advisors LLC boosted its stake in shares of Flowserve by 20.1% during the 3rd quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company's stock valued at $51,000 after buying an additional 162 shares during the period. IFP Advisors Inc increased its position in Flowserve by 24.4% in the 3rd quarter. IFP Advisors Inc now owns 830 shares of the industrial products company's stock worth $46,000 after purchasing an additional 163 shares during the last quarter. Finally, Inspire Advisors LLC increased its position in Flowserve by 3.7% in the 4th quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company's stock worth $324,000 after purchasing an additional 165 shares during the last quarter. Institutional investors own 93.93% of the company's stock.

Flowserve Trading Up 1.6%

Shares of FLS stock opened at $79.33 on Friday. The company has a market capitalization of $10.08 billion, a P/E ratio of 27.84, a P/E/G ratio of 1.74 and a beta of 1.23. Flowserve Corporation has a 12-month low of $48.71 and a 12-month high of $92.41. The company has a quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. The firm has a 50-day moving average price of $75.13 and a 200 day moving average price of $77.17.

Flowserve (NYSE:FLS - Get Free Report) last posted its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.86 by $0.09. The company had revenue of $1.17 billion during the quarter, compared to analysts' expectations of $1.16 billion. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. Flowserve's quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.91 earnings per share. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Research analysts forecast that Flowserve Corporation will post 4.1 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

FLS has been the topic of a number of research reports. TD Cowen downgraded Flowserve from a "buy" rating to a "hold" rating and dropped their price objective for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. The Goldman Sachs Group set a $82.00 target price on shares of Flowserve in a research report on Thursday, July 30th. Citigroup reaffirmed a "buy" rating on shares of Flowserve in a research report on Thursday, April 30th. Royal Bank Of Canada increased their price target on Flowserve from $91.00 to $94.00 and gave the company an "outperform" rating in a report on Friday, July 31st. Finally, Robert W. Baird set a $93.00 price target on shares of Flowserve in a research report on Friday, July 31st. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $86.60.

Trending Headlines about Flowserve

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $4.08 from $4.03, FY2027 to $4.61 from $4.59, and FY2028 to $5.18 from $5.13. It also increased Q4 2026, Q4 2027, Q2 2028 and Q1 2028 forecasts. These revisions suggest stronger expected earnings momentum over the next several years.
• Positive Sentiment: The revised FY2026 estimate of $4.08 is close to the broader consensus of $4.10, while the higher FY2027 and FY2028 projections point to continued profit growth beyond the current year.
• Positive Sentiment: Flowserve’s latest reported quarter also provides support: EPS of $0.95 exceeded expectations of $0.86, and revenue of $1.17 billion was slightly above forecasts, despite a 1.6% year-over-year decline. Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source