Wealthfront Advisers LLC Buys Shares of 10,818 Flowserve Corporation $FLS

Wealthfront Advisers LLC acquired a new stake in shares of Flowserve Corporation (NYSE:FLS) in the second quarter, Holdings Channel reports. The firm acquired 10,818 shares of the industrial products company’s stock, valued at approximately $802,000.

Several other large investors have also bought and sold shares of the company. Northwestern Mutual Wealth Management Co. raised its holdings in Flowserve by 1,300.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 203,715 shares of the industrial products company’s stock worth $14,967,000 after acquiring an additional 189,165 shares during the last quarter. William Blair Investment Management LLC grew its stake in shares of Flowserve by 142.4% during the 4th quarter. William Blair Investment Management LLC now owns 1,048,137 shares of the industrial products company’s stock valued at $72,720,000 after purchasing an additional 615,769 shares during the period. Hillsdale Investment Management Inc. grew its position in Flowserve by 27.8% during the fourth quarter. Hillsdale Investment Management Inc. now owns 72,950 shares of the industrial products company’s stock valued at $5,061,000 after buying an additional 15,850 shares during the period. Horizon Investments LLC purchased a new stake in shares of Flowserve in the 4th quarter worth $4,826,000. Finally, Vest Financial LLC purchased a new stake in shares of Flowserve in the 4th quarter worth $1,501,000. 93.93% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Flowserve

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Zacks raised its FY2026 EPS estimate to $4.08 from $4.03, FY2027 to $4.61 from $4.59, and FY2028 to $5.18 from $5.13. It also increased Q4 2026, Q4 2027, Q2 2028 and Q1 2028 forecasts. These revisions suggest stronger expected earnings momentum over the next several years.
• Positive Sentiment: The revised FY2026 estimate of $4.08 is close to the broader consensus of $4.10, while the higher FY2027 and FY2028 projections point to continued profit growth beyond the current year.
• Positive Sentiment: Flowserve’s latest reported quarter also provides support: EPS of $0.95 exceeded expectations of $0.86, and revenue of $1.17 billion was slightly above forecasts, despite a 1.6% year-over-year decline. Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve

Wall Street Analyst Weigh In

Several analysts have recently commented on the stock. Stifel Nicolaus raised their price objective on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research report on Friday, July 31st. 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 price target on shares of Flowserve in a report on Friday, July 31st. TD Cowen downgraded Flowserve from a “buy” rating to a “hold” rating and lowered their price target for the stock from $85.00 to $70.00 in a research report on Wednesday, June 24th. Finally, Royal Bank Of Canada raised their target price on shares of Flowserve from $91.00 to $94.00 and gave the stock an “outperform” rating in a report on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.60.

Flowserve Stock Performance

Shares of FLS stock opened at $79.33 on Friday. The firm has a market cap of $10.08 billion, a price-to-earnings ratio of 27.84, a PEG ratio of 1.74 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 quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. The company’s 50 day moving average is $75.13 and its 200 day moving average is $77.17.

Flowserve (NYSE:FLS) last posted 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 return on equity of 21.42% and a net margin of 8.01%.The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.91 earnings per share. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, sell-side analysts anticipate that Flowserve Corporation will post 4.1 EPS for the current fiscal year.

Flowserve 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.