Flowserve (NYSE:FLS) Lowered to "Hold" Rating by Wall Street Zen

Key Points

• Wall Street Zen downgraded Flowserve (FLS) from a "buy" to a "hold," signaling a more cautious near-term view from that firm.
• Analyst consensus remains mildly positive—eight Buys and four Holds produce an average "Moderate Buy" rating with a $89.70 consensus target, while firms like Stifel and Mizuho have raised targets to $102 and $91 respectively.
• Financials and guidance: Flowserve beat quarterly EPS estimates ($1.11 vs. $0.94) but slightly missed revenue expectations, set FY2026 guidance of $4.00–$4.20 EPS, and trades around $83 with a $10.66 billion market cap.

Flowserve (NYSE:FLS - Get Free Report) was downgraded by equities researchers at Wall Street Zen from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Saturday.

FLS has been the topic of several other research reports. Mizuho upped their target price on shares of Flowserve from $74.00 to $91.00 and gave the company an "outperform" rating in a research note on Monday, February 9th. Weiss Ratings cut shares of Flowserve from a "buy (b-)" rating to a "hold (c)" rating in a research note on Wednesday, February 18th. The Goldman Sachs Group restated a "neutral" rating and set a $88.00 target price on shares of Flowserve in a research note on Monday, February 9th. TD Cowen restated a "buy" rating on shares of Flowserve in a research note on Thursday, February 19th. Finally, Stifel Nicolaus upped their target price on shares of Flowserve from $97.00 to $102.00 and gave the company a "buy" rating in a research note on Tuesday, April 14th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $89.70.

Flowserve Stock Performance

Shares of Flowserve stock opened at $83.38 on Friday. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.03 and a quick ratio of 1.50. The stock has a market cap of $10.66 billion, a price-to-earnings ratio of 31.83, a PEG ratio of 1.82 and a beta of 1.33. The firm's 50-day moving average is $80.47 and its 200 day moving average is $73.35. Flowserve has a 1 year low of $43.47 and a 1 year high of $92.41.

Flowserve (NYSE:FLS - Get Free Report) last posted its earnings results on Thursday, February 5th. The industrial products company reported $1.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.94 by $0.17. The business had revenue of $1.22 billion for the quarter, compared to analysts' expectations of $1.26 billion. Flowserve had a net margin of 7.32% and a return on equity of 21.19%. The business's revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.70 EPS. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. Sell-side analysts anticipate that Flowserve will post 4.09 EPS for the current fiscal year.

Hedge Funds Weigh In On Flowserve

Several institutional investors have recently made changes to their positions in FLS. Goldman Sachs Group Inc. lifted its stake in shares of Flowserve by 48.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 471,893 shares of the industrial products company's stock worth $23,047,000 after purchasing an additional 153,553 shares during the period. Sivia Capital Partners LLC bought a new stake in Flowserve during the 2nd quarter worth approximately $313,000. First Trust Advisors LP raised its stake in Flowserve by 6.0% during the 2nd quarter. First Trust Advisors LP now owns 134,484 shares of the industrial products company's stock worth $7,040,000 after acquiring an additional 7,624 shares during the period. Cresset Asset Management LLC raised its stake in Flowserve by 24.1% during the 2nd quarter. Cresset Asset Management LLC now owns 14,246 shares of the industrial products company's stock worth $749,000 after acquiring an additional 2,769 shares during the period. Finally, California Public Employees Retirement System raised its stake in Flowserve by 10.5% during the 2nd quarter. California Public Employees Retirement System now owns 232,848 shares of the industrial products company's stock worth $12,190,000 after acquiring an additional 22,108 shares during the period. Institutional investors own 93.93% of the company's stock.

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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