Flowserve (NYSE:FLS) Stock Moved Up to Buy by Wall Street Zen

Wall Street Zen upgraded shares of Flowserve (NYSE:FLS) from a hold rating to a buy rating in a research report report published on Saturday morning,Wall Street Zen reports.

Other equities analysts have also issued research reports about the stock. Weiss Ratings upgraded shares of Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 21st. Mizuho reduced their target price on Flowserve from $91.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Robert W. Baird set a $93.00 target price on Flowserve in a research report on Friday, July 31st. Royal Bank Of Canada upped their price target on Flowserve from $88.00 to $98.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Stifel Nicolaus upped their price target on Flowserve from $92.00 to $94.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Seven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Flowserve has an average rating of “Moderate Buy” and a consensus price target of $86.00.

Flowserve Stock Performance

Shares of FLS stock opened at $79.17 on Friday. The business’s 50-day moving average price is $74.30 and its 200-day moving average price is $76.42. The firm has a market capitalization of $10.04 billion, a price-to-earnings ratio of 39.78, a PEG ratio of 1.75 and a beta of 1.23. Flowserve has a 12 month low of $63.27 and a 12 month high of $92.41. The company has a current ratio of 2.10, a quick ratio of 1.58 and a debt-to-equity ratio of 0.86.

Flowserve (NYSE:FLS) last posted its quarterly earnings data on Wednesday, October 28th. The industrial products company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.09. The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.24 billion. Flowserve had a return on equity of 22.14% and a net margin of 5.42%. Flowserve’s quarterly revenue was up 5.4% on a year-over-year basis. During the same period in the prior year, the business posted $0.90 earnings per share. Equities research analysts forecast that Flowserve will post 4.12 EPS for the current year.

Flowserve Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Friday, September 25th were paid a dividend of $0.22 per share. The ex-dividend date was Friday, September 25th. This represents a $0.88 annualized dividend and a dividend yield of 1.1%. Flowserve’s dividend payout ratio (DPR) is presently 44.22%.

Hedge Funds Weigh In On Flowserve

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FLS. Pension & Wealth Management Advisors Inc. purchased a new position in shares of Flowserve during the third quarter worth about $33,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Flowserve in the second quarter valued at approximately $34,000. Global Retirement Partners LLC purchased a new stake in Flowserve in the second quarter valued at approximately $38,000. Root Financial Partners LLC bought a new stake in Flowserve during the third quarter valued at approximately $41,000. Finally, Keating Financial Advisory Services Inc. bought a new stake in Flowserve during the second quarter valued at approximately $48,000. Institutional investors own 93.93% of the company’s stock.

Flowserve News Summary

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Analysts raised their targets and ratings. Citigroup increased its price target from $92 to $93 and assigned a “buy” rating, while Royal Bank of Canada raised its target from $88 to $98 and upgraded the stock to “outperform.” The new targets imply approximately 17.5% to 23.8% potential upside from the referenced share price. Citigroup Flowserve rating Royal Bank of Canada Flowserve rating
• Positive Sentiment: Third-quarter earnings exceeded expectations. Flowserve reported adjusted earnings of $1.07 per share, above the $0.98 analyst consensus and up from $0.90 a year earlier. Revenue was approximately $1.24 billion, in line with estimates and 5.4% higher year over year, while the company delivered its fifth consecutive earnings beat. Flowserve third-quarter earnings
• Neutral Sentiment: Full-year 2026 guidance was updated. Flowserve now expects EPS of $4.10 to $4.20, modestly above the $4.10 consensus at the midpoint. Revenue guidance of $4.8 billion to $4.9 billion reaches the $4.9 billion consensus only at the high end, indicating limited room for upside on sales. Flowserve revised 2026 guidance
• Negative Sentiment: Valuation and guidance caution may weigh on the stock. With a reported price-to-earnings ratio near 40, investors may require stronger revenue growth or additional guidance increases to justify further gains. The possibility that full-year revenue lands below the consensus estimate appears to have offset the earnings beat and bullish analyst actions.

About Flowserve

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.