1,144,401 Shares in Flowserve Corporation $FLS Acquired by William Blair Investment Management LLC

William Blair Investment Management LLC acquired a new position in shares of Flowserve Corporation (NYSE:FLS) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 1,144,401 shares of the industrial products company’s stock, valued at approximately $84,869,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. BOKF NA acquired a new position in Flowserve in the 3rd quarter valued at $28,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Flowserve during the 2nd quarter worth $34,000. Atlas Capital Advisors Inc. acquired a new stake in shares of Flowserve during the 4th quarter worth $36,000. Measured Wealth Private Client Group LLC bought a new position in shares of Flowserve in the third quarter worth $36,000. Finally, Global Retirement Partners LLC bought a new position in shares of Flowserve in the second quarter worth $38,000. Institutional investors own 93.93% of the company’s stock.

Key Flowserve News

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

Flowserve Price Performance

Flowserve stock opened at $79.33 on Friday. The company has a debt-to-equity ratio of 0.91, a quick ratio of 1.58 and a current ratio of 2.15. Flowserve Corporation has a 52 week low of $48.71 and a 52 week high of $92.41. The stock has a market capitalization of $10.08 billion, a P/E ratio of 27.84, a price-to-earnings-growth ratio of 1.74 and a beta of 1.23. The stock has a fifty day moving average of $75.13 and a 200-day moving average of $77.17.

Flowserve (NYSE:FLS) last announced its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share for the quarter, topping the consensus estimate of $0.86 by $0.09. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. During the same period in the prior year, the company earned $0.91 EPS. Flowserve’s revenue for the quarter was down 1.6% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. On average, sell-side analysts expect that Flowserve Corporation will post 4.1 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently weighed in on FLS. Citigroup reaffirmed a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. Royal Bank Of Canada raised their target price on shares of Flowserve from $91.00 to $94.00 and gave the company an “outperform” rating in a report on Friday, July 31st. Weiss Ratings upgraded shares of Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Tuesday, August 11th. The Goldman Sachs Group set a $82.00 price target on shares of Flowserve in a report on Thursday, July 30th. Finally, Stifel Nicolaus increased their price target on shares of Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Seven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Flowserve currently has an average rating of “Moderate Buy” and an average target price of $86.60.

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.