D.A. Davidson & CO. Sells 31,574 Shares of Flowserve Corporation $FLS

Key Points

• D.A. Davidson & CO. sold 31,574 shares, cutting its Flowserve stake by 90.4 to 3,340 shares worth $232,000; institutional investors now own about 93.93% of the stock and Goldman Sachs notably increased its position to 471,893 shares.
• Flowserve beat Q1 EPS ($0.85 vs. $0.82) despite revenue declining 6.7% and missing estimates, raised its quarterly dividend to $0.22 (1.2% yield), set FY2026 guidance of $4.00–$4.20 EPS, and carries a consensus analyst rating of "Moderate Buy" with a $87.70 price target.

D.A. Davidson & CO. lowered its stake in shares of Flowserve Corporation (NYSE:FLS - Free Report) by 90.4% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,340 shares of the industrial products company's stock after selling 31,574 shares during the quarter. D.A. Davidson & CO.'s holdings in Flowserve were worth $232,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in FLS. Goldman Sachs Group Inc. grew its position in Flowserve by 48.2% during the first quarter. Goldman Sachs Group Inc. now owns 471,893 shares of the industrial products company's stock worth $23,047,000 after buying an additional 153,553 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Flowserve during the second quarter worth approximately $313,000. First Trust Advisors LP grew its position in Flowserve by 6.0% during the second quarter. First Trust Advisors LP now owns 134,484 shares of the industrial products company's stock worth $7,040,000 after buying an additional 7,624 shares in the last quarter. Cresset Asset Management LLC grew its position in Flowserve by 24.1% during the second quarter. Cresset Asset Management LLC now owns 14,246 shares of the industrial products company's stock worth $749,000 after buying an additional 2,769 shares in the last quarter. Finally, California Public Employees Retirement System grew its position in Flowserve by 10.5% during the second quarter. California Public Employees Retirement System now owns 232,848 shares of the industrial products company's stock worth $12,190,000 after buying an additional 22,108 shares in the last quarter. Institutional investors and hedge funds own 93.93% of the company's stock.

Flowserve Trading Up 4.6%

Shares of FLS stock opened at $73.44 on Thursday. The stock's fifty day moving average price is $79.29 and its two-hundred day moving average price is $74.85. The company has a market cap of $9.39 billion, a PE ratio of 27.20, a P/E/G ratio of 1.58 and a beta of 1.24. Flowserve Corporation has a fifty-two week low of $45.11 and a fifty-two week high of $92.41. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.63 and a current ratio of 2.22.

Flowserve (NYSE:FLS - Get Free Report) last issued its earnings results on Wednesday, April 29th. The industrial products company reported $0.85 earnings per share for the quarter, beating analysts' consensus estimates of $0.82 by $0.03. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.17 billion. Flowserve had a return on equity of 21.46% and a net margin of 7.61%.The company's revenue was down 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 EPS. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. Equities analysts predict that Flowserve Corporation will post 4.05 EPS for the current fiscal year.

Flowserve Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were issued a $0.22 dividend. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.2%. This is a boost from Flowserve's previous quarterly dividend of $0.21. Flowserve's dividend payout ratio (DPR) is 32.59%.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. Jefferies Financial Group reissued a "buy" rating and set a $90.00 price target (down from $100.00) on shares of Flowserve in a research report on Tuesday, March 31st. The Goldman Sachs Group reissued a "neutral" rating and set a $83.00 price target on shares of Flowserve in a research report on Thursday, April 30th. Stifel Nicolaus set a $92.00 price target on Flowserve in a research report on Friday, May 1st. Mizuho increased their price target on Flowserve from $74.00 to $91.00 and gave the stock an "outperform" rating in a research report on Monday, February 9th. Finally, Royal Bank Of Canada reduced their price target on Flowserve from $98.00 to $91.00 and set an "outperform" rating on the stock in a research report on Friday, May 1st. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, Flowserve has a consensus rating of "Moderate Buy" and a consensus price target of $87.70.

Flowserve 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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