Wealthfront Advisers LLC Makes New $802,000 Investment in Flowserve Corporation $FLS

Wealthfront Advisers LLC acquired a new stake in Flowserve Corporation (NYSE:FLS) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,818 shares of the industrial products company’s stock, valued at approximately $802,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FLS. Northwestern Mutual Wealth Management Co. grew its position in shares of Flowserve by 1,300.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 203,715 shares of the industrial products company’s stock worth $14,967,000 after buying an additional 189,165 shares during the last quarter. William Blair Investment Management LLC raised its holdings in shares of Flowserve by 142.4% during the fourth quarter. William Blair Investment Management LLC now owns 1,048,137 shares of the industrial products company’s stock valued at $72,720,000 after acquiring an additional 615,769 shares in the last quarter. Hillsdale Investment Management Inc. lifted its stake in Flowserve by 27.8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 72,950 shares of the industrial products company’s stock worth $5,061,000 after acquiring an additional 15,850 shares during the period. Horizon Investments LLC purchased a new stake in Flowserve in the fourth quarter worth $4,826,000. Finally, Vest Financial LLC bought a new stake in Flowserve in the fourth quarter valued at $1,501,000. 93.93% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of brokerages have issued reports on FLS. Robert W. Baird set a $93.00 price objective on shares of Flowserve in a research report on Friday, July 31st. Royal Bank Of Canada raised their target price on shares of Flowserve from $91.00 to $94.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Wall Street Zen lowered shares of Flowserve from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. The Goldman Sachs Group set a $82.00 price target on shares of Flowserve in a research report on Thursday, July 30th. Finally, Weiss Ratings raised shares of Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Tuesday, August 11th. Seven investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, Flowserve currently has a consensus rating of “Moderate Buy” and a consensus target price of $86.60.

Flowserve News Roundup

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 Trading Up 1.6%

NYSE FLS opened at $79.33 on Friday. The firm has a market capitalization of $10.08 billion, a PE ratio of 27.84, a P/E/G ratio of 1.74 and a beta of 1.23. The stock’s 50 day moving average is $75.13 and its 200 day moving average is $77.17. Flowserve Corporation has a twelve month low of $48.71 and a twelve month high of $92.41. 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 posted its quarterly earnings data on Wednesday, July 29th. The industrial products company reported $0.95 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. The business had revenue of $1.17 billion during the quarter, compared to the consensus estimate of $1.16 billion. Flowserve had a return on equity of 21.42% and a net margin of 8.01%.The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned $0.91 earnings per share. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Research analysts forecast that Flowserve Corporation will post 4.1 earnings per share for the current fiscal year.

Flowserve Company 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.