Flowserve Corporation (NYSE:FLS) Stock Has Average Price Target of $85.40

Shares of Flowserve Corporation (NYSE:FLS) have received an average recommendation of “Moderate Buy” from the eleven research firms that are presently covering the stock, MarketBeat reports. Four investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $86.00.

A number of research firms have recently issued reports on FLS. Robert W. Baird set a $93.00 price target on shares of Flowserve in a research note on Friday, July 31st. Weiss Ratings upgraded Flowserve from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Wednesday, October 21st. Mizuho dropped their price objective on Flowserve from $91.00 to $85.00 and set an “outperform” rating for the company in a research note on Thursday, October 15th. Wall Street Zen upgraded Flowserve from a “hold” rating to a “buy” rating in a report on Saturday. Finally, Citigroup increased their target price on Flowserve from $92.00 to $93.00 and gave the stock a “buy” rating in a research note on Friday.

Hedge Funds Weigh In On Flowserve

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FLS. BlackRock Inc. bought a new stake in shares of Flowserve during the 2nd quarter valued at about $999,631,000. PointState Capital LP acquired a new position in Flowserve during the 2nd quarter worth $196,837,000. Bank of New York Mellon Corp grew its position in Flowserve by 5.1% in the 1st quarter. Bank of New York Mellon Corp now owns 2,448,977 shares of the industrial products company’s stock valued at $180,024,000 after buying an additional 118,254 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Flowserve in the second quarter valued at approximately $144,400,000. Finally, William Blair Investment Management LLC acquired a new position in shares of Flowserve during the 2nd quarter valued at $84,869,000. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Flowserve Stock Performance

Flowserve stock opened at $79.17 on Friday. Flowserve has a 1-year low of $63.27 and a 1-year high of $92.41. The stock has a market cap of $10.04 billion, a price-to-earnings ratio of 39.78, a price-to-earnings-growth ratio of 1.78 and a beta of 1.23. The firm has a 50 day simple moving average of $74.30 and a 200-day simple moving average of $76.42. The company has a debt-to-equity ratio of 0.86, a current ratio of 2.10 and a quick ratio of 1.58.

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

Flowserve Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, October 9th. Shareholders 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 dividend on an annualized basis and a yield of 1.1%. Flowserve’s dividend payout ratio is 44.22%.

Key Flowserve News

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.