Energy Income Partners LLC Makes New $5.58 Million Investment in Flowserve Corporation $FLS

Key Points

• Energy Income Partners acquired 75,188 Flowserve shares worth approximately $5.58 million, representing about 0.06% of the company. Institutional investors collectively own 93.93% of Flowserve’s stock.
• Flowserve exceeded quarterly expectations, reporting $0.95 in EPS versus the $0.86 consensus and $1.17 billion in revenue. However, revenue declined 1.6% year over year, while fiscal 2026 EPS guidance stands at $4.05–$4.20.
• Analyst sentiment remains positive overall, with seven Buy ratings and four Holds, producing a “Moderate Buy” consensus and an average price target of $86.60 versus the reported share price of $78.98.

Energy Income Partners LLC bought a new stake in shares of Flowserve Corporation (NYSE:FLS - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 75,188 shares of the industrial products company's stock, valued at approximately $5,576,000. Energy Income Partners LLC owned about 0.06% of Flowserve as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. BOKF NA bought a new position in Flowserve during the third quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Flowserve in the 2nd quarter worth about $34,000. Atlas Capital Advisors Inc. purchased a new position in shares of Flowserve during the 4th quarter worth about $36,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Flowserve during the 3rd quarter worth about $36,000. Finally, Global Retirement Partners LLC purchased a new stake in Flowserve in the 2nd quarter worth about $38,000. Hedge funds and other institutional investors own 93.93% of the company's stock.

Flowserve Stock Down 2.5%

Shares of NYSE:FLS opened at $78.98 on Wednesday. The business's 50 day moving average is $75.01 and its 200 day moving average is $77.16. The stock has a market cap of $10.04 billion, a P/E ratio of 27.71, a price-to-earnings-growth ratio of 1.80 and a beta of 1.23. Flowserve Corporation has a 52-week low of $48.71 and a 52-week 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.

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

Analysts Set New Price Targets

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

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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