Inceptionr LLC Raises Position in Flowserve Corporation $FLS

Key Points

• Inceptionr LLC raised its stake in Flowserve by 163.6% in Q3 to 21,644 shares (worth about $1.15M), and overall institutional investors now own roughly 93.93% of the company with several other funds also increasing positions.
• Flowserve beat quarterly EPS ($1.11 vs. $0.94) but slightly missed revenue estimates, and issued FY2026 guidance of 4.00–4.20 EPS; analysts maintain a consensus "Moderate Buy" with an average target of about $88.80.
• The company raised its quarterly dividend to $0.22 (annualized $0.88, ~1.2% yield), while the stock recently traded down ~6.3% around $76.21 and has a market cap near $9.7B.

Inceptionr LLC grew its stake in Flowserve Corporation (NYSE:FLS - Free Report) by 163.6% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,644 shares of the industrial products company's stock after purchasing an additional 13,432 shares during the period. Inceptionr LLC's holdings in Flowserve were worth $1,150,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of FLS. Pinnacle Associates Ltd. raised its holdings in Flowserve by 531.2% during the 3rd quarter. Pinnacle Associates Ltd. now owns 25,565 shares of the industrial products company's stock valued at $1,359,000 after buying an additional 21,515 shares during the period. Dynamic Technology Lab Private Ltd bought a new stake in Flowserve in the third quarter worth $2,343,000. Parallel Advisors LLC boosted its stake in Flowserve by 20.1% during the third quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company's stock worth $51,000 after buying an additional 162 shares during the period. Natixis Advisors LLC increased its position in Flowserve by 25.2% during the third quarter. Natixis Advisors LLC now owns 80,788 shares of the industrial products company's stock valued at $4,293,000 after acquiring an additional 16,246 shares during the last quarter. Finally, Blair William & Co. IL increased its position in Flowserve by 11.9% during the third quarter. Blair William & Co. IL now owns 22,456 shares of the industrial products company's stock valued at $1,193,000 after acquiring an additional 2,395 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company's stock.

Flowserve Stock Down 6.3%

NYSE:FLS opened at $76.21 on Monday. The stock has a fifty day simple moving average of $80.21 and a 200-day simple moving average of $67.94. The company has a current ratio of 2.03, a quick ratio of 1.50 and a debt-to-equity ratio of 0.68. The company has a market cap of $9.70 billion, a price-to-earnings ratio of 29.09, a price-to-earnings-growth ratio of 1.69 and a beta of 1.26. Flowserve Corporation has a twelve month low of $37.34 and a twelve month high of $92.41.

Flowserve (NYSE:FLS - Get Free Report) last posted its quarterly 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. 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 the consensus estimate of $1.26 billion. During the same quarter last year, the firm posted $0.70 EPS. The firm's revenue was up 3.5% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. Analysts anticipate that Flowserve Corporation will post 3.18 EPS for the current year.

Flowserve Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, April 10th. Stockholders of record on Friday, March 27th will be given a dividend of $0.22 per share. 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. The ex-dividend date of this dividend is Friday, March 27th. Flowserve's dividend payout ratio is 32.06%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on FLS shares. Stifel Nicolaus raised their target price on shares of Flowserve from $87.00 to $97.00 and gave the stock a "buy" rating in a report on Monday, February 9th. The Goldman Sachs Group reiterated a "neutral" rating and set a $88.00 price target on shares of Flowserve in a report on Monday, February 9th. TD Cowen reissued a "buy" rating on shares of Flowserve in a research report on Thursday, February 19th. Robert W. Baird set a $98.00 price objective on shares of Flowserve in a research note on Monday, February 9th. Finally, Wall Street Zen upgraded Flowserve from a "buy" rating to a "strong-buy" rating in a research report on Saturday. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Flowserve currently has an average rating of "Moderate Buy" and an average 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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