CenterBook Partners LP Grows Stake in Fluor Corporation $FLR

CenterBook Partners LP raised its holdings in Fluor Corporation (NYSE:FLR) by 2,615.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 287,951 shares of the construction company’s stock after buying an additional 277,348 shares during the quarter. CenterBook Partners LP’s holdings in Fluor were worth $12,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. SG Americas Securities LLC boosted its position in shares of Fluor by 472.4% during the third quarter. SG Americas Securities LLC now owns 122,727 shares of the construction company’s stock valued at $5,163,000 after purchasing an additional 101,288 shares in the last quarter. Pacific Heights Asset Management LLC boosted its holdings in shares of Fluor by 35.4% during the 3rd quarter. Pacific Heights Asset Management LLC now owns 325,000 shares of the construction company’s stock valued at $13,673,000 after buying an additional 85,000 shares in the last quarter. Quadrant Private Wealth Management LLC purchased a new stake in shares of Fluor in the 3rd quarter worth about $3,475,000. Intech Investment Management LLC increased its stake in shares of Fluor by 99.9% in the 2nd quarter. Intech Investment Management LLC now owns 299,601 shares of the construction company’s stock worth $15,361,000 after acquiring an additional 149,716 shares in the last quarter. Finally, Lingohr Asset Management GmbH lifted its position in Fluor by 792.4% during the 3rd quarter. Lingohr Asset Management GmbH now owns 85,669 shares of the construction company’s stock valued at $3,604,000 after acquiring an additional 76,069 shares during the period. Institutional investors own 88.07% of the company’s stock.

Fluor Price Performance

NYSE FLR opened at $48.49 on Wednesday. Fluor Corporation has a one year low of $29.20 and a one year high of $57.50. The stock has a 50-day moving average of $44.06 and a 200 day moving average of $43.75. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.45 and a current ratio of 1.45. The company has a market capitalization of $7.82 billion, a price-to-earnings ratio of 2.47, a PEG ratio of 6.62 and a beta of 1.37.

Fluor (NYSE:FLR) last announced its quarterly earnings results on Tuesday, February 17th. The construction company reported $0.33 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The company had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Fluor had a net margin of 21.71% and a return on equity of 8.32%. The business’s revenue was down 2.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.48 EPS. On average, sell-side analysts forecast that Fluor Corporation will post 2.5 EPS for the current year.

Analysts Set New Price Targets

A number of brokerages have weighed in on FLR. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Fluor in a research note on Monday, December 29th. DA Davidson lifted their price objective on Fluor from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 10th. UBS Group cut their target price on Fluor from $56.00 to $52.00 and set a “buy” rating on the stock in a research note on Thursday, November 13th. Truist Financial lifted their price target on Fluor from $51.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, November 10th. Finally, Wall Street Zen raised shares of Fluor from a “sell” rating to a “hold” rating in a research report on Saturday, January 31st. Four research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $49.57.

Fluor News Roundup

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor sold 71 million NuScale shares for $1.35 billion and launched a trading program for the remaining 40 million shares, providing a meaningful cash inflow and optionality for returning capital or reducing risk on that investment. Fluor Receives $1.35 Billion for 71 Million NuScale Shares
• Positive Sentiment: Reports of recent contract wins in nuclear and gold sectors (execution milestones after earlier losses) boost confidence in Fluor’s ability to convert pipeline into revenue, supporting prospects for new EPC awards. Fluor’s Nuclear And Gold Wins Test Execution After Recent Losses
• Positive Sentiment: Analyst commentary highlighting momentum and a still-reasonable valuation (Zacks screen) frames FLR as a bargain opportunity for momentum/value investors. Despite Fast-paced Momentum, Fluor (FLR) Is Still a Bargain Stock
• Neutral Sentiment: Official Q4/fiscal-year release reiterates management’s confidence in capturing EPC awards in 2026–2027 and notes progress on NuScale monetization — positive for medium-term backlog but not immediate earnings upside. Fluor Reports Fourth Quarter and Full Year 2025 Results
• Neutral Sentiment: Full earnings call transcript is available for details on project margins, backlog, free cash flow plans and how management plans to deploy NuScale proceeds — useful for investors deciding if the rally is sustainable. Fluor Corporation (FLR) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Q4 results missed consensus: $0.33 EPS vs. $0.34 expected and revenue below estimates (~$4.17B vs. ~$4.27B), and revenue was down year-over-year — a near-term earnings headwind that previously pressured the stock. Fluor: Q4 Earnings Snapshot / Conference Materials
• Negative Sentiment: The initial market reaction to the earnings shortfall drove an intraday pullback (reported as an almost 5% drop in some outlets) before the NuScale monetization and contract news pushed the stock higher on renewed buying. Fluor drops almost 5% after Q4 earnings come in below forecasts

Fluor Company 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.