Flowserve Corporation $FLS is Deprince Race & Zollo Inc.'s 3rd Largest Position

Key Points

• Deprince Race & Zollo cut its stake in Flowserve by 15% in Q4 to 1,256,129 shares, making the stock its third-largest holding (1.7% of the firm's portfolio) and roughly 0.99% of Flowserve worth about $87.15 million.
• Flowserve beat Q4 EPS estimates ($1.11 vs. $0.94) while revenue of $1.22 billion was slightly below expectations, and the company set FY2026 guidance at $4.00–$4.20 EPS; analysts hold a consensus "Moderate Buy" with a $89.30 price target.
• Flowserve raised its quarterly dividend to $0.22 (annualized $0.88, ~1.0% yield), and institutional investors now own about 93.93% of the stock.

Deprince Race & Zollo Inc. reduced its holdings in shares of Flowserve Corporation (NYSE:FLS - Free Report) by 15.0% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,256,129 shares of the industrial products company's stock after selling 221,073 shares during the quarter. Flowserve makes up 1.7% of Deprince Race & Zollo Inc.'s investment portfolio, making the stock its 3rd largest position. Deprince Race & Zollo Inc. owned approximately 0.99% of Flowserve worth $87,150,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. U.S. Capital Wealth Advisors LLC purchased a new position in Flowserve during the 4th quarter valued at about $201,000. Choreo LLC purchased a new position in Flowserve during the 4th quarter valued at about $237,000. Brown Lisle Cummings Inc. increased its holdings in Flowserve by 2,366.7% during the 4th quarter. Brown Lisle Cummings Inc. now owns 3,700 shares of the industrial products company's stock valued at $257,000 after acquiring an additional 3,550 shares in the last quarter. Jackson Thornton Wealth Management LLC purchased a new position in Flowserve during the 4th quarter valued at about $222,000. Finally, Comprehensive Money Management Services LLC increased its holdings in Flowserve by 13.0% during the 4th quarter. Comprehensive Money Management Services LLC now owns 8,384 shares of the industrial products company's stock valued at $582,000 after acquiring an additional 962 shares in the last quarter. 93.93% of the stock is currently owned by hedge funds and other institutional investors.

Flowserve Price Performance

Flowserve stock opened at $84.38 on Monday. Flowserve Corporation has a 12-month low of $39.85 and a 12-month high of $92.41. The stock has a market capitalization of $10.78 billion, a P/E ratio of 32.21, a P/E/G ratio of 1.87 and a beta of 1.33. The firm's 50-day moving average is $80.85 and its two-hundred day moving average is $71.60. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.03 and a quick ratio of 1.50.

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

Flowserve Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, April 10th. Investors of record on Friday, March 27th were given a $0.22 dividend. This is a boost from Flowserve's previous quarterly dividend of $0.21. This represents a $0.88 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Friday, March 27th. Flowserve's dividend payout ratio is 33.59%.

Analysts Set New Price Targets

Several equities analysts have weighed in on FLS shares. Weiss Ratings downgraded shares of Flowserve from a "buy (b-)" rating to a "hold (c)" rating in a report on Wednesday, February 18th. Zacks Research raised shares of Flowserve from a "hold" rating to a "strong-buy" rating in a research note on Monday, March 2nd. Wall Street Zen cut shares of Flowserve from a "strong-buy" rating to a "buy" rating in a research note on Sunday, March 15th. TD Cowen reaffirmed a "buy" rating on shares of Flowserve in a research note on Thursday, February 19th. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating and set a $88.00 price target on shares of Flowserve in a research note on Monday, February 9th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $89.30.

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.