Q3 Earnings Forecast for Flowserve Issued By Zacks Research

Flowserve Corporation (NYSE:FLS) – Investment analysts at Zacks Research dropped their Q3 2026 earnings estimates for shares of Flowserve in a report released on Friday, October 16th. Zacks Research analyst Team now expects that the industrial products company will post earnings of $0.98 per share for the quarter, down from their previous forecast of $1.01. The consensus estimate for Flowserve’s current full-year earnings is $4.10 per share. Zacks Research also issued estimates for Flowserve’s Q4 2026 earnings at $1.30 EPS, FY2026 earnings at $4.09 EPS, Q3 2027 earnings at $1.19 EPS, Q4 2027 earnings at $1.48 EPS, FY2027 earnings at $4.62 EPS, Q3 2028 earnings at $1.33 EPS and FY2028 earnings at $5.22 EPS.

Flowserve (NYSE:FLS) last posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The firm had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The business’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.

A number of other equities analysts have also commented on the company. TD Cowen lowered Flowserve from a “buy” rating to a “hold” rating and lowered their price objective for the stock from $85.00 to $70.00 in a research note on Wednesday, June 24th. Weiss Ratings downgraded Flowserve from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Tuesday, October 6th. The Goldman Sachs Group set a $82.00 target price on Flowserve in a research report on Thursday, July 30th. Robert W. Baird set a $93.00 target price on Flowserve in a report on Friday, July 31st. Finally, Stifel Nicolaus raised their price target on Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Six research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus price target of $85.40.

Flowserve Trading Up 0.1%

Shares of FLS stock opened at $70.61 on Monday. The company has a current ratio of 2.15, a quick ratio of 1.58 and a debt-to-equity ratio of 0.91. The stock has a market cap of $8.97 billion, a P/E ratio of 18.51, a price-to-earnings-growth ratio of 1.56 and a beta of 1.23. The stock has a 50 day simple moving average of $75.67 and a 200 day simple moving average of $75.27. Flowserve has a 1 year low of $50.64 and a 1 year high of $92.41.

Hedge Funds Weigh In On Flowserve

Institutional investors have recently modified their holdings of the business. TD Waterhouse Canada Inc. increased its holdings in Flowserve by 10.1% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 139,569 shares of the industrial products company’s stock worth $10,202,000 after purchasing an additional 12,788 shares in the last quarter. Merrion Investment Management Co LLC acquired a new stake in shares of Flowserve during the third quarter valued at about $219,000. Pension & Wealth Management Advisors Inc. acquired a new stake in shares of Flowserve during the third quarter valued at about $33,000. ABLE Financial Group LLC boosted its stake in shares of Flowserve by 7.3% during the third quarter. ABLE Financial Group LLC now owns 22,368 shares of the industrial products company’s stock valued at $1,636,000 after purchasing an additional 1,525 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC grew its holdings in shares of Flowserve by 4.6% during the third quarter. NorthCrest Asset Manangement LLC now owns 3,225 shares of the industrial products company’s stock worth $225,000 after purchasing an additional 142 shares during the last quarter. Institutional investors and hedge funds own 93.93% of the company’s stock.

Flowserve Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Friday, September 25th were given a dividend of $0.22 per share. This represents a $0.88 annualized dividend and a yield of 1.2%. The ex-dividend date was Friday, September 25th. Flowserve’s payout ratio is currently 30.88%.

Flowserve Company Profile

Flowserve Corporation is a global manufacturer of flow-control equipment and related services. The company designs, produces and services pumps, valves, mechanical seals and associated systems used to move, control and protect fluids in industrial processes.

Its products and services support applications across the energy, chemical and petrochemical, water, pharmaceutical, mining, power and general industrial markets. Flowserve also provides aftermarket services, including equipment repair, maintenance, upgrades and replacement parts, helping customers improve the reliability and efficiency of their operations.

Headquartered in Irving, Texas, Flowserve serves customers through manufacturing, sales and service operations in North America, Europe, Asia and other international markets.