Flowserve Corporation (NYSE:FLS) Given Consensus Rating of "Moderate Buy" by Brokerages

Key Points

• Flowserve has a “Moderate Buy” consensus rating from 11 brokerages, with six buy ratings and five holds. The average 12-month price target is $86.60, compared with the stock’s reported price of $79.92.
• Flowserve exceeded quarterly expectations, reporting EPS of $0.95 versus the $0.86 consensus and revenue of $1.17 billion. However, revenue declined 1.6% year over year, while fiscal 2026 EPS guidance was set at $4.05–$4.20.
• The company pays a quarterly dividend of $0.22, equal to an annualized $0.88 and a 1.1% yield. Institutional investors hold a dominant 93.93% of outstanding shares, including recent new positions from BlackRock and Bank of New York Mellon.

Flowserve Corporation (NYSE:FLS - Get Free Report) has been given a consensus rating of "Moderate Buy" by the eleven brokerages that are covering the company, MarketBeat.com reports. Five analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $86.60.

Several equities research analysts recently commented on FLS shares. Zacks Research lowered shares of Flowserve from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, April 15th. TD Cowen lowered Flowserve from a "buy" rating to a "hold" rating and dropped their target price for the company from $85.00 to $70.00 in a report on Wednesday, June 24th. Weiss Ratings cut Flowserve from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Tuesday, July 28th. Stifel Nicolaus increased their price target on Flowserve from $92.00 to $94.00 and gave the stock a "buy" rating in a report on Friday, July 31st. Finally, Wall Street Zen lowered shares of Flowserve from a "buy" rating to a "hold" rating in a research report on Saturday, April 25th.

Flowserve Price Performance

Shares of FLS opened at $79.92 on Monday. Flowserve has a twelve month low of $48.71 and a twelve month high of $92.41. The company has a current ratio of 2.15, a quick ratio of 1.58 and a debt-to-equity ratio of 0.91. The firm has a market capitalization of $10.16 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 1.78 and a beta of 1.23. The firm's fifty day simple moving average is $74.26 and its 200-day simple moving average is $77.01.

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

Flowserve Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, June 26th. Flowserve's dividend payout ratio (DPR) is 30.88%.

Insider Activity

In other news, Director Brian D. Savoy purchased 1,000 shares of the company's stock in a transaction dated Thursday, May 14th. The shares were acquired at an average cost of $67.34 per share, for a total transaction of $67,340.00. Following the completion of the purchase, the director directly owned 1,000 shares in the company, valued at $67,340. The trade was a ∞ increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.71% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Flowserve

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. purchased a new stake in Flowserve during the second quarter worth about $999,631,000. Bank of New York Mellon Corp acquired a new position in Flowserve during the second quarter worth about $177,380,000. Norges Bank purchased a new position in Flowserve in the fourth quarter valued at about $117,964,000. UBS Group AG lifted its position in shares of Flowserve by 67.8% during the 3rd quarter. UBS Group AG now owns 4,146,917 shares of the industrial products company's stock valued at $220,367,000 after acquiring an additional 1,676,284 shares during the period. Finally, Merewether Investment Management LP acquired a new stake in shares of Flowserve during the 2nd quarter valued at approximately $46,555,000. Institutional investors and hedge funds own 93.93% of the company's stock.

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.

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