Flowserve (NYSE:FLS) Issues FY 2026 Earnings Guidance

Flowserve (NYSE:FLS) updated its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of 4.050-4.200 for the period, compared to the consensus earnings per share estimate of 4.060. The company issued revenue guidance of $4.9 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Flowserve Trading Down 4.6%

Flowserve stock traded down $3.39 during trading hours on Wednesday, reaching $70.04. 2,724,302 shares of the company’s stock traded hands, compared to its average volume of 1,986,881. The company has a debt-to-equity ratio of 0.73, a quick ratio of 1.63 and a current ratio of 2.22. Flowserve has a fifty-two week low of $48.71 and a fifty-two week high of $92.41. The firm has a market capitalization of $8.95 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 1.64 and a beta of 1.23. The firm’s 50 day moving average is $73.43 and its 200-day moving average is $76.90.

Flowserve (NYSE:FLS) last issued its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.86 by $0.09. The company had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. Flowserve had a net margin of 7.61% and a return on equity of 21.46%. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, analysts predict that Flowserve will post 4.04 earnings per share for the current year.

Flowserve Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were issued a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend was Friday, June 26th. Flowserve’s payout ratio is currently 32.59%.

Analysts Set New Price Targets

Several analysts have commented on the stock. Wall Street Zen cut shares of Flowserve from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. The Goldman Sachs Group restated a “neutral” rating and issued a $83.00 price target on shares of Flowserve in a research report on Thursday, April 30th. Stifel Nicolaus set a $92.00 price objective on Flowserve in a research note on Friday, May 1st. Zacks Research downgraded Flowserve from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Finally, Royal Bank Of Canada cut their target price on Flowserve from $98.00 to $91.00 and set an “outperform” rating on the stock in a research note on Friday, May 1st. Seven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $86.70.

Insiders Place Their Bets

In other news, Director Brian D. Savoy bought 1,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $67.34 per share, for a total transaction of $67,340.00. Following the completion of the acquisition, the director owned 1,000 shares in the company, valued at approximately $67,340. This trade represents a ∞ increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 0.71% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLS. UBS Group AG raised its position in shares of Flowserve by 67.8% during the third quarter. UBS Group AG now owns 4,146,917 shares of the industrial products company’s stock worth $220,367,000 after purchasing an additional 1,676,284 shares during the period. Merewether Investment Management LP bought a new position in shares of Flowserve during the 2nd quarter valued at about $46,555,000. T. Rowe Price Investment Management Inc. grew its position in shares of Flowserve by 102.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 1,731,665 shares of the industrial products company’s stock valued at $120,143,000 after purchasing an additional 877,327 shares during the period. Amundi increased its stake in Flowserve by 414.3% during the 4th quarter. Amundi now owns 1,047,698 shares of the industrial products company’s stock worth $72,689,000 after purchasing an additional 843,995 shares in the last quarter. Finally, No Street GP LP bought a new stake in Flowserve during the 3rd quarter worth approximately $18,599,000. 93.93% of the stock is owned by institutional investors and hedge funds.

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.