NFJ Investment Group LLC Invests $26.14 Million in Flowserve Corporation $FLS

NFJ Investment Group LLC purchased a new stake in Flowserve Corporation (NYSE:FLS) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 352,462 shares of the industrial products company’s stock, valued at approximately $26,139,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. LaSalle St. Investment Advisors LLC purchased a new stake in Flowserve during the 2nd quarter worth about $469,000. Ceredex Value Advisors LLC purchased a new position in Flowserve during the 2nd quarter valued at about $26,919,000. Tocqueville Asset Management L.P. purchased a new position in Flowserve during the 2nd quarter valued at about $2,649,000. Wealthfront Advisers LLC bought a new stake in shares of Flowserve during the second quarter valued at about $802,000. Finally, M.D. Sass LLC bought a new stake in shares of Flowserve during the second quarter valued at about $47,063,000. 93.93% of the stock is currently owned by institutional investors.

Flowserve News Summary

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for Flowserve to $4.08 from $4.03, FY2027 to $4.61 from $4.59 and FY2028 to $5.18 from $5.13. It also raised Q4 2026 EPS to $1.27 from $1.25, Q4 2027 to $1.45 from $1.37 and Q2 2028 to $1.16 from $1.15. The upgrades suggest improving expectations for Flowserve’s longer-term earnings growth.
• Positive Sentiment: Industry conditions appear supportive. Zacks said increased manufacturing activity, technological progress and strategic acquisitions are strengthening the general industrial manufacturing sector, naming FLS among stocks positioned to benefit. 4 Industrial Manufacturing Stocks to Gain on Robust Industry Trends
• Positive Sentiment: The broader Zacks industry outlook also highlighted Flowserve alongside Dover, Applied Industrial Technologies and Generac as companies that could benefit from favorable general industrial trends. Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve
• Neutral Sentiment: Zacks lowered its Q3 2026 EPS forecast to $1.01 from $1.04, indicating some pressure or caution in the immediate earnings outlook. Its revised FY2026 estimate of $4.08 is also slightly below the $4.10 consensus forecast.
• Neutral Sentiment: A recent roundup of second-quarter results for gas- and liquid-handling companies included Flowserve, but the available report details do not indicate a new company-specific catalyst. Q2 earnings roundup: Flowserve and the gas and liquid handling segment

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Citigroup reissued a “buy” rating on shares of Flowserve in a report on Thursday, April 30th. Royal Bank Of Canada boosted their price objective on shares of Flowserve from $91.00 to $94.00 and gave the company an “outperform” rating in a research note on Friday, July 31st. Robert W. Baird set a $93.00 target price on shares of Flowserve 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 note on Tuesday, August 11th. Finally, Wall Street Zen cut shares of Flowserve from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Seven analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to MarketBeat, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.60.

Flowserve Stock Performance

NYSE:FLS opened at $78.14 on Friday. The business’s 50-day moving average price is $75.10 and its two-hundred day moving average price is $77.15. Flowserve Corporation has a twelve month low of $48.71 and a twelve month high of $92.41. The stock has a market cap of $9.93 billion, a P/E ratio of 27.42, a PEG ratio of 1.73 and a beta of 1.23. 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 (NYSE:FLS) last issued its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, topping the consensus estimate of $0.86 by $0.09. The company had revenue of $1.17 billion during the quarter, compared to analyst estimates 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 in the previous year, the firm earned $0.91 earnings per share. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. As a group, equities analysts predict that Flowserve Corporation will post 4.1 EPS for the current fiscal year.

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.