Flowserve Co. (NYSE:FLS – Free Report) – Stock analysts at Zacks Research boosted their Q1 2026 EPS estimates for Flowserve in a research report issued on Tuesday, October 15th. Zacks Research analyst R. Department now forecasts that the industrial products company will post earnings per share of $0.66 for the quarter, up from their previous forecast of $0.65. The consensus estimate for Flowserve’s current full-year earnings is $2.76 per share.
Flowserve (NYSE:FLS – Get Free Report) last posted its quarterly earnings data on Monday, July 29th. The industrial products company reported $0.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.10. The business had revenue of $1.16 billion during the quarter, compared to analysts’ expectations of $1.13 billion. Flowserve had a net margin of 5.67% and a return on equity of 16.74%. The business’s revenue was up 7.1% on a year-over-year basis. During the same period last year, the firm posted $0.52 earnings per share.
Check Out Our Latest Stock Report on FLS
Flowserve Trading Up 2.2 %
Shares of NYSE:FLS opened at $54.89 on Thursday. The stock has a market capitalization of $7.23 billion, a price-to-earnings ratio of 31.01, a PEG ratio of 1.27 and a beta of 1.39. Flowserve has a 1-year low of $35.31 and a 1-year high of $55.37. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.40 and a current ratio of 2.00. The company has a 50 day moving average price of $49.14 and a 200 day moving average price of $48.48.
Hedge Funds Weigh In On Flowserve
A number of institutional investors have recently modified their holdings of the stock. Moody National Bank Trust Division raised its stake in shares of Flowserve by 2.8% in the first quarter. Moody National Bank Trust Division now owns 9,495 shares of the industrial products company’s stock worth $434,000 after acquiring an additional 259 shares during the last quarter. Toronto Dominion Bank grew its holdings in Flowserve by 0.7% during the first quarter. Toronto Dominion Bank now owns 46,570 shares of the industrial products company’s stock valued at $2,127,000 after purchasing an additional 305 shares during the period. Signaturefd LLC grew its holdings in Flowserve by 185.9% during the second quarter. Signaturefd LLC now owns 569 shares of the industrial products company’s stock valued at $27,000 after purchasing an additional 370 shares during the period. O Shaughnessy Asset Management LLC grew its holdings in Flowserve by 7.3% during the first quarter. O Shaughnessy Asset Management LLC now owns 6,266 shares of the industrial products company’s stock valued at $286,000 after purchasing an additional 426 shares during the period. Finally, Retirement Systems of Alabama grew its holdings in Flowserve by 0.3% during the first quarter. Retirement Systems of Alabama now owns 164,765 shares of the industrial products company’s stock valued at $7,526,000 after purchasing an additional 433 shares during the period. 93.93% of the stock is owned by institutional investors.
Flowserve Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Friday, October 11th. Shareholders of record on Friday, September 27th were paid a $0.21 dividend. This represents a $0.84 dividend on an annualized basis and a dividend yield of 1.53%. The ex-dividend date was Friday, September 27th. Flowserve’s dividend payout ratio is presently 47.46%.
About Flowserve
Flowserve Corporation designs, manufactures, distributes, and services industrial flow management equipment in the United States, Canada, Mexico, Europe, the Middle East, Africa, and the Asia Pacific. It operates through Flowserve Pump Division (FPD) and Flow Control Division (FCD) segments. The FPD segment offers custom and pre-configured pumps and pump systems, mechanical seals, auxiliary systems, replacement parts, upgrades, and related aftermarket services; and equipment services, including installation and commissioning services, seal systems spare parts, repairs, advanced diagnostics, re-rate and upgrade solutions, retrofit programs, and machining and asset management solutions, as well as manufactures a gas-lubricated mechanical seal for use in high-speed compressors for gas pipelines and in the oil and gas production and process markets.
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