Intech Investment Management LLC Purchases 161,070 Shares of Fluor Corporation $FLR

Intech Investment Management LLC raised its position in Fluor Corporation (NYSE:FLR) by 53.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 460,671 shares of the construction company’s stock after acquiring an additional 161,070 shares during the quarter. Intech Investment Management LLC owned approximately 0.28% of Fluor worth $19,380,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Fox Run Management L.L.C. purchased a new position in shares of Fluor during the third quarter worth approximately $622,000. AXQ Capital LP acquired a new position in Fluor in the 3rd quarter valued at $447,000. Clearstead Advisors LLC lifted its position in Fluor by 20.9% during the third quarter. Clearstead Advisors LLC now owns 1,594 shares of the construction company’s stock worth $67,000 after buying an additional 276 shares in the last quarter. MMCAP International Inc. SPC purchased a new position in shares of Fluor during the 3rd quarter worth $4,207,000. Finally, Clear Creek Financial Management LLC raised its holdings in shares of Fluor by 10.6% in the 3rd quarter. Clear Creek Financial Management LLC now owns 11,446 shares of the construction company’s stock valued at $482,000 after buying an additional 1,100 shares during the period. Hedge funds and other institutional investors own 88.07% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings lowered shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday, February 17th. Citigroup lifted their price objective on shares of Fluor from $57.00 to $61.00 and gave the stock a “buy” rating in a research note on Friday, February 20th. Robert W. Baird raised their price objective on Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research report on Wednesday, February 18th. Wall Street Zen upgraded shares of Fluor from a “sell” rating to a “hold” rating in a research note on Saturday, January 31st. Finally, DA Davidson raised their target price on Fluor from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Fluor has a consensus rating of “Moderate Buy” and a consensus price target of $52.29.

Trending Headlines about Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor monetized a large SMR position, selling ~71.0M SMR shares for about $1.35B in mid‑February — materially boosting cash and reducing concentration risk, which improves flexibility to pay down debt, fund projects or return capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Positive Sentiment: Analyst sentiment has shifted bullish: Zacks moved FLR to its Rank #1 (Strong Buy) and brokers (DA Davidson, Citigroup, others) have raised targets — supporting near‑term buying interest. New Strong Buy Stocks for February 24th
• Neutral Sentiment: Institutional ownership remains very high (~88%), which supports liquidity and limits float volatility but is not an immediate catalyst. FLR analyst & institutional summary
• Neutral Sentiment: Strategic refocus in nuclear work: Fluor is reshaping its nuclear role with a Centrus contract and exiting its NuScale involvement — this clarifies exposure and may change future earnings mix but will take time to show impact. Fluor Refocuses Nuclear Role With Centrus Contract And NuScale Exit
• Negative Sentiment: Cluster of insider sales this week — multiple executives (Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares at ~$52–53. Concentrated insider selling can amplify short‑term negative sentiment and perceived confidence concerns. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent Q4 results slightly missed expectations (EPS and revenue modestly below consensus) and showed a negative net margin, keeping investor focus on execution and margin recovery. FLR earnings summary

Insider Activity at Fluor

In related news, insider Anthony Morgan sold 3,387 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $53.09, for a total transaction of $179,815.83. Following the transaction, the insider directly owned 45,999 shares of the company’s stock, valued at approximately $2,442,086.91. The trade was a 6.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Kevin B. Hammonds sold 2,988 shares of the company’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $52.61, for a total transaction of $157,198.68. Following the sale, the insider directly owned 16,273 shares of the company’s stock, valued at approximately $856,122.53. This trade represents a 15.51% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 22,110 shares of company stock valued at $1,168,920. 1.70% of the stock is owned by corporate insiders.

Fluor Stock Performance

Shares of FLR stock opened at $53.44 on Thursday. The company has a 50 day moving average price of $45.19 and a 200 day moving average price of $44.17. The firm has a market capitalization of $7.83 billion, a price-to-earnings ratio of -68.52, a price-to-earnings-growth ratio of 1.35 and a beta of 1.37. Fluor Corporation has a one year low of $29.20 and a one year high of $57.50. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.91 and a current ratio of 1.91.

Fluor (NYSE:FLR) last issued its quarterly earnings data on Tuesday, February 17th. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing the consensus estimate 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 business’s quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.48 earnings per share. Sell-side analysts anticipate that Fluor Corporation will post 2.5 EPS for the current year.

Fluor Profile

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.