Flowserve Corporation $FLS Stock Holdings Increased by Quantinno Capital Management LP

Quantinno Capital Management LP grew its holdings in shares of Flowserve Corporation (NYSE:FLS) by 44.9% in the first quarter, according to its most recent filing with the SEC. The firm owned 206,959 shares of the industrial products company’s stock after acquiring an additional 64,090 shares during the quarter. Quantinno Capital Management LP’s holdings in Flowserve were worth $15,214,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently modified their holdings of the company. Comprehensive Money Management Services LLC increased its holdings in shares of Flowserve by 1.5% during the first quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company’s stock valued at $625,000 after purchasing an additional 125 shares during the period. BTC Capital Management Inc. lifted its stake in shares of Flowserve by 2.5% in the 1st quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company’s stock worth $480,000 after acquiring an additional 162 shares during the period. Parallel Advisors LLC lifted its holdings in shares of Flowserve by 20.1% in the third quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock valued at $51,000 after buying an additional 162 shares during the period. IFP Advisors Inc raised its position in Flowserve by 24.4% in the third quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock worth $46,000 after acquiring an additional 163 shares in the last quarter. Finally, Inspire Advisors LLC lifted its holdings in Flowserve by 3.7% in the 4th quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company’s stock valued at $324,000 after acquiring an additional 165 shares during the last quarter. Institutional investors own 93.93% of the company’s stock.

Insider Activity

In other news, Director Brian D. Savoy purchased 1,000 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were acquired at an average price of $67.34 per share, for a total transaction of $67,340.00. Following the completion of the acquisition, the director directly owned 1,000 shares of the company’s stock, valued at $67,340. The trade was a ∞ increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.71% of the stock is owned by corporate insiders.

Flowserve Trading Up 0.2%

NYSE:FLS opened at $76.13 on Monday. The company has a quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.91. Flowserve Corporation has a 1-year low of $48.71 and a 1-year high of $92.41. The firm has a market capitalization of $9.68 billion, a price-to-earnings ratio of 26.71, a price-to-earnings-growth ratio of 1.70 and a beta of 1.23. The stock has a fifty day simple moving average of $73.73 and a 200 day simple moving average of $76.92.

Flowserve (NYSE:FLS) last issued its quarterly earnings results on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.Flowserve’s revenue was down 1.6% on a year-over-year basis. During the same quarter last year, the business posted $0.91 EPS. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Sell-side analysts forecast that Flowserve Corporation will post 4.07 earnings per share for the current year.

Flowserve Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were given a $0.22 dividend. This represents a $0.88 annualized dividend and a dividend yield of 1.2%. The ex-dividend date of this dividend was Friday, June 26th. Flowserve’s dividend payout ratio (DPR) is 30.88%.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on FLS shares. Citigroup restated a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. Royal Bank Of Canada boosted 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. Stifel Nicolaus increased their target price on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Friday. TD Cowen cut shares of Flowserve from a “buy” rating to a “hold” rating and reduced their target price for the stock from $85.00 to $70.00 in a report on Wednesday, June 24th. Finally, Wall Street Zen lowered shares of Flowserve from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. Six investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $86.60.

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.