Jupiter Topco LLC Buys New Position in Flowserve Corporation $FLS

Key Points

• Jupiter Topco LLC acquired 57,767 Flowserve shares worth approximately $4.29 million in the second quarter. Institutional investors collectively own 93.93% of FLS stock.
• Analyst sentiment remains moderately positive, with six Buy ratings and five Holds; the consensus price target is $86.60, compared with the stock’s opening price of $76.56.
• Flowserve exceeded quarterly expectations with $0.95 earnings per share versus the $0.86 estimate and $1.17 billion in revenue, while maintaining fiscal 2026 EPS guidance of $4.05–$4.20. The company also declared a quarterly dividend of $0.22 per share.

Jupiter Topco LLC purchased a new stake in Flowserve Corporation (NYSE:FLS - Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 57,767 shares of the industrial products company's stock, valued at approximately $4,285,000.

Other institutional investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in Flowserve in the 2nd quarter worth about $34,000. Global Retirement Partners LLC bought a new position in shares of Flowserve during the 2nd quarter worth approximately $38,000. Atlas Capital Advisors Inc. purchased a new position in shares of Flowserve in the 4th quarter worth approximately $36,000. BOKF NA purchased a new position in shares of Flowserve in the 3rd quarter worth approximately $28,000. Finally, Keating Financial Advisory Services Inc. bought a new position in shares of Flowserve in the second quarter valued at approximately $48,000. Institutional investors own 93.93% of the company's stock.

Wall Street Analysts Forecast Growth

FLS has been the topic of a number of recent analyst reports. TD Cowen lowered Flowserve from a "buy" rating to a "hold" rating and dropped their price target for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. Weiss Ratings lowered Flowserve from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Tuesday, August 25th. Stifel Nicolaus lifted their target price on Flowserve from $92.00 to $94.00 and gave the stock a "buy" rating in a research note on Friday, July 31st. The Goldman Sachs Group set a $82.00 price target on shares of Flowserve in a research report on Thursday, July 30th. Finally, Robert W. Baird set a $93.00 price objective on shares of Flowserve in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $86.60.

Flowserve Stock Down 3.2%

FLS stock opened at $76.56 on Wednesday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15. The company has a market capitalization of $9.73 billion, a price-to-earnings ratio of 26.86, a PEG ratio of 1.76 and a beta of 1.25. Flowserve Corporation has a fifty-two week low of $48.71 and a fifty-two week high of $92.41. The stock has a fifty day moving average of $75.09 and a 200-day moving average of $77.01.

Flowserve (NYSE:FLS - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The firm's revenue for the quarter was down 1.6% on a year-over-year basis. During the same quarter last year, the firm posted $0.91 EPS. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. As a group, equities research analysts predict that Flowserve Corporation will post 4.1 earnings per share for the current year.

Flowserve Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 9th. Stockholders of record on Friday, September 25th will be given a $0.22 dividend. The ex-dividend date of this dividend is Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. Flowserve's payout ratio is 30.88%.

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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