Dayah Capital LLC cut its holdings in shares of Flowserve Corporation (NYSE:FLS – Free Report) by 32.3% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,944 shares of the industrial products company’s stock after selling 16,205 shares during the period. Flowserve comprises approximately 1.0% of Dayah Capital LLC’s holdings, making the stock its 21st largest holding. Dayah Capital LLC’s holdings in Flowserve were worth $2,495,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Norges Bank bought a new position in Flowserve in the 4th quarter valued at $117,964,000. UBS Group AG boosted its stake in Flowserve by 67.8% in 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 in the last quarter. Merewether Investment Management LP acquired a new position in Flowserve in the second quarter worth $46,555,000. T. Rowe Price Investment Management Inc. grew its holdings in shares of Flowserve by 102.7% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 1,731,665 shares of the industrial products company’s stock worth $120,143,000 after purchasing an additional 877,327 shares during the last quarter. Finally, Amundi grew its holdings in shares of Flowserve by 414.3% during the fourth 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 during the last quarter. 93.93% of the stock is currently owned by institutional investors.
Insiders Place Their Bets
In other Flowserve 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 transaction, the director owned 1,000 shares in the company, valued at approximately $67,340. This trade represents a ? increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Corporate insiders own 0.71% of the company’s stock.
Key Stories Impacting Flowserve
- Positive Sentiment: Adjusted earnings beat expectations: Flowserve reported second-quarter adjusted EPS of $0.95, above the $0.86 consensus and up from $0.91 a year earlier. Revenue of $1.17 billion also narrowly exceeded estimates of $1.16 billion. Flowserve Q2 Earnings and Revenues Surpass Estimates
- Positive Sentiment: Bookings and margins strengthened: Quarterly bookings rose 26% year over year to a record $1.35 billion, including record aftermarket bookings of $696 million. Operating margin expanded 70 basis points to 13.0%, while adjusted operating margin reached 15.3%, signaling improved execution and potentially better future earnings visibility. Flowserve Corporation Reports Second Quarter 2026 Results
- Positive Sentiment: 2026 earnings outlook improved: Management raised the low end of its full-year 2026 EPS guidance to $4.05, resulting in a range of $4.05-$4.20 versus consensus of approximately $4.06. Revenue guidance remained around $4.9 billion. Flowserve Q2 Earnings Beat Estimates
- Neutral Sentiment: Mixed operating trends: Net income attributable to common shareholders increased 21.1% to $99 million, while operating profit rose 3.3% to $151.4 million. However, revenue fell 1.6% year over year, highlighting continued sales pressure despite stronger margins. Flowserve Q2 2026 Earnings
- Negative Sentiment: Cash generation weakened: Cash from operating activities declined 16.2% to $129.2 million, while total liabilities increased to $4.0 billion. These trends may temper enthusiasm if they persist despite the earnings and bookings momentum.
Flowserve Stock Up 7.7%
NYSE FLS opened at $75.35 on Friday. The stock has a fifty day moving average of $73.60 and a 200-day moving average of $76.90. The stock has a market capitalization of $9.63 billion, a P/E ratio of 26.44, a price-to-earnings-growth ratio of 1.58 and a beta of 1.23. Flowserve Corporation has a 52 week low of $48.71 and a 52 week high of $92.41. 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 (NYSE:FLS – Get Free Report) last issued its quarterly 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. Flowserve had a return on equity of 21.52% and a net margin of 8.01%.The business had revenue of $1.17 billion for the quarter, compared to analyst estimates of $1.16 billion. During the same quarter in the prior year, the firm posted $0.91 earnings per share. The firm’s revenue for the quarter was down 1.6% compared to the same quarter last year. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, equities research analysts forecast that Flowserve Corporation will post 4.04 EPS for the current year.
Flowserve Announces Dividend
The company also recently disclosed 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 annualized dividend and a yield of 1.2%. The ex-dividend date of this dividend was Friday, June 26th. Flowserve’s payout ratio is currently 32.59%.
Wall Street Analysts Forecast Growth
A number of research firms recently issued reports on FLS. The Goldman Sachs Group set a $82.00 price target on Flowserve in a report on Thursday. Zacks Research lowered shares of Flowserve from a “strong-buy” rating to a “hold” rating in a report on Wednesday, April 15th. Wall Street Zen cut shares of Flowserve from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Weiss Ratings downgraded shares of Flowserve from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday. Finally, Royal Bank Of Canada reduced their target price on shares of Flowserve from $98.00 to $91.00 and set an “outperform” rating on the stock in a research report on Friday, May 1st. Six analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat.com, Flowserve presently has an average rating of “Moderate Buy” and an average target price of $86.60.
View Our Latest Research Report on FLS
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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