Flowserve (NYSE:FLS) Updates FY 2026 Earnings Guidance

Flowserve (NYSE:FLS) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 4.000-4.200 for the period, compared to the consensus EPS estimate of 4.110. The company issued revenue guidance of $4.9 billion-$5.0 billion, compared to the consensus revenue estimate of $5.0 billion.

Flowserve Stock Performance

FLS traded down $0.93 on Wednesday, reaching $84.13. 2,266,185 shares of the stock were exchanged, compared to its average volume of 1,740,414. The company’s 50-day moving average price is $80.34 and its 200 day moving average price is $74.16. Flowserve has a fifty-two week low of $43.47 and a fifty-two week high of $92.41. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.03 and a quick ratio of 1.50. The firm has a market capitalization of $10.75 billion, a PE ratio of 32.11, a PEG ratio of 1.96 and a beta of 1.33.

Flowserve (NYSE:FLS) last issued its quarterly earnings results on Wednesday, April 29th. The industrial products company reported $0.85 EPS for the quarter, hitting analysts’ consensus estimates of $0.85. Flowserve had a return on equity of 21.19% and a net margin of 7.32%.The company had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.18 billion. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. As a group, sell-side analysts forecast that Flowserve will post 4.09 EPS for the current fiscal year.

Flowserve Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, April 10th. Shareholders of record on Friday, March 27th were given a dividend of $0.22 per share. The ex-dividend date of this dividend was Friday, March 27th. This represents a $0.88 dividend on an annualized basis and a yield of 1.0%. This is an increase from Flowserve’s previous quarterly dividend of $0.21. Flowserve’s payout ratio is presently 33.59%.

Analysts Set New Price Targets

FLS has been the subject of a number of research reports. Citigroup lowered their price target on Flowserve from $98.00 to $97.00 and set a “buy” rating for the company in a research report on Monday, April 13th. Weiss Ratings lowered Flowserve from a “buy (b-)” rating to a “hold (c)” rating in a report on Wednesday, February 18th. The Goldman Sachs Group reaffirmed a “neutral” rating and set a $88.00 target price on shares of Flowserve in a report on Monday, February 9th. Jefferies Financial Group reaffirmed a “buy” rating and set a $90.00 target price (down from $100.00) on shares of Flowserve in a report on Tuesday, March 31st. Finally, Stifel Nicolaus raised their target price on Flowserve from $97.00 to $102.00 and gave the stock a “buy” rating in a report on Tuesday, April 14th. Eight analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $89.70.

Hedge Funds Weigh In On Flowserve

Institutional investors and hedge funds have recently modified their holdings of the business. BOKF NA purchased a new position in shares of Flowserve in the 3rd quarter valued at about $28,000. Measured Wealth Private Client Group LLC purchased a new position in shares of Flowserve in the 3rd quarter valued at about $36,000. Atlas Capital Advisors Inc. purchased a new position in shares of Flowserve in the 4th quarter valued at about $36,000. IFP Advisors Inc increased its stake in shares of Flowserve by 24.4% in the 3rd quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock valued at $46,000 after purchasing an additional 163 shares in the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Flowserve by 20.1% in the 3rd quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock worth $51,000 after buying an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

About Flowserve

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.