Dimensional Fund Advisors LP Purchases 20,884 Shares of Flowserve Corporation $FLS

Key Points

• Dimensional Fund Advisors increased its Flowserve stake by 20,884 shares in Q3 to 2,445,860 shares (about 1.92%), a holding valued at roughly $129.97 million, and institutional investors now own about 93.9% of the stock.
• Flowserve beat quarterly EPS estimates ($1.11 vs. $0.94) but missed revenue forecasts ($1.22B vs. $1.26B), set FY2026 guidance of 4.00–4.20 EPS, and the street holds a "Moderate Buy" consensus with a $88.80 average target.
• The company raised its quarterly dividend to $0.22 (annualized $0.88) for a ~1.1% yield, with an ex-dividend date of March 27 and a payout ratio near 32%.

Dimensional Fund Advisors LP increased its position in Flowserve Corporation (NYSE:FLS - Free Report) by 0.9% in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 2,445,860 shares of the industrial products company's stock after acquiring an additional 20,884 shares during the quarter. Dimensional Fund Advisors LP owned about 1.92% of Flowserve worth $129,974,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in FLS. First Horizon Advisors Inc. purchased a new stake in Flowserve during the second quarter valued at about $26,000. Bruce G. Allen Investments LLC bought a new stake in shares of Flowserve in the third quarter valued at approximately $40,000. Toth Financial Advisory Corp bought a new stake in shares of Flowserve in the third quarter valued at approximately $53,000. CENTRAL TRUST Co bought a new stake in shares of Flowserve in the third quarter valued at approximately $61,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in shares of Flowserve during the 2nd quarter valued at approximately $64,000. 93.93% of the stock is currently owned by institutional investors.

Flowserve Trading Up 0.1%

Flowserve stock opened at $78.78 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.50 and a current ratio of 2.03. Flowserve Corporation has a fifty-two week low of $37.34 and a fifty-two week high of $92.41. The stock has a market cap of $10.03 billion, a P/E ratio of 30.07, a PEG ratio of 1.74 and a beta of 1.27. The firm's fifty day moving average price is $80.70 and its 200-day moving average price is $68.37.

Flowserve (NYSE:FLS - Get Free Report) last posted its earnings results on Thursday, February 5th. The industrial products company reported $1.11 EPS for the quarter, topping the consensus estimate of $0.94 by $0.17. The business had revenue of $1.22 billion during the quarter, compared to analysts' expectations of $1.26 billion. Flowserve had a return on equity of 21.19% and a net margin of 7.32%.The firm's revenue was up 3.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.70 earnings per share. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. Equities research analysts forecast that Flowserve Corporation will post 3.18 earnings per share for the current fiscal year.

Flowserve Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, April 10th. Investors of record on Friday, March 27th will be given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. This is a positive change from Flowserve's previous quarterly dividend of $0.21. The ex-dividend date is Friday, March 27th. Flowserve's dividend payout ratio (DPR) is currently 32.06%.

Wall Street Analyst Weigh In

FLS has been the subject of a number of recent research reports. Stifel Nicolaus lifted their price objective on shares of Flowserve from $87.00 to $97.00 and gave the company a "buy" rating in a research note on Monday, February 9th. TD Cowen reaffirmed a "buy" rating on shares of Flowserve in a report on Thursday, February 19th. The Goldman Sachs Group reiterated a "neutral" rating and issued a $88.00 price target on shares of Flowserve in a research report on Monday, February 9th. Wall Street Zen upgraded Flowserve from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 7th. Finally, Robert W. Baird set a $98.00 price objective on Flowserve in a report on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $88.80.

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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