Fluor (NYSE:FLR) Insider Anthony Morgan Sells 3,387 Shares of Stock

Fluor Corporation (NYSE:FLR) insider Anthony Morgan sold 3,387 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $53.09, for a total value of $179,815.83. Following the completion of the sale, the insider owned 45,999 shares of the company’s stock, valued at approximately $2,442,086.91. This represents a 6.86% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Fluor Stock Performance

Shares of FLR opened at $53.03 on Wednesday. The company’s 50 day simple moving average is $44.93 and its 200-day simple moving average is $44.10. The firm has a market cap of $7.77 billion, a PE ratio of -67.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.37. Fluor Corporation has a 12-month low of $29.20 and a 12-month high of $57.50. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.33.

Fluor (NYSE:FLR) last issued its quarterly earnings results on Tuesday, February 17th. The construction company reported $0.33 earnings per share for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The business had revenue of $4.18 billion for the quarter, compared to analyst estimates of $4.27 billion. Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.The firm’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. As a group, equities analysts predict that Fluor Corporation will post 2.5 EPS for the current year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLR. MTM Investment Management LLC acquired a new stake in Fluor during the second quarter worth approximately $26,000. Global Retirement Partners LLC grew its holdings in Fluor by 91.7% in the 4th quarter. Global Retirement Partners LLC now owns 650 shares of the construction company’s stock valued at $26,000 after buying an additional 311 shares during the period. Assetmark Inc. increased its stake in shares of Fluor by 249.0% during the 4th quarter. Assetmark Inc. now owns 677 shares of the construction company’s stock valued at $27,000 after acquiring an additional 483 shares during the last quarter. Los Angeles Capital Management LLC purchased a new position in shares of Fluor during the 4th quarter worth about $27,000. Finally, Hantz Financial Services Inc. boosted its position in shares of Fluor by 2,695.2% in the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after acquiring an additional 566 shares during the last quarter. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have commented on FLR shares. Truist Financial upped their price objective on shares of Fluor from $56.00 to $59.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. Robert W. Baird increased their price target on shares of Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a report on Wednesday, February 18th. Weiss Ratings cut shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Wall Street Zen upgraded shares of Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Finally, DA Davidson boosted their price objective on shares of Fluor from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $52.29.

Key Stories Impacting Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Large SMR stake monetization: Fluor sold ~71.0M SMR shares on Feb. 13 for about $1.35B, materially boosting cash and reducing concentration in that investment — this improves flexibility to fund operations, pay down debt or redeploy capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Positive Sentiment: Analyst upgrades and bullish research: Zacks moved FLR to its Rank #1 (Strong Buy) and several broker reports raised price targets (Citigroup, DA Davidson), providing near-term buy-side support. New Strong Buy Stocks for February 24th
• Neutral Sentiment: Institutional positioning: several funds have added or initiated positions in recent quarters; 88% of shares remain institutionally held — supportive for liquidity but not an immediate catalyst. FLR analyst & institutional summary
• Negative Sentiment: Cluster of insider sales this week — multiple executives (including Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares in mid‑Feb at ~$52–53 — concentrated insider selling can amplify short-term negative sentiment. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results missed slightly: Q4 EPS and revenue were a touch below consensus and net margin was negative — leaves investors focused on execution and margin recovery. FLR earnings summary

About Fluor

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.