Fluor (NYSE:FLR) Insider Michael Alexander Sells 3,387 Shares of Stock

Fluor Corporation (NYSE:FLR) insider Michael Alexander sold 3,387 shares of the stock in a transaction dated Monday, February 23rd. The shares were sold at an average price of $53.07, for a total transaction of $179,748.09. Following the completion of the sale, the insider owned 68,664 shares of the company’s stock, valued at approximately $3,643,998.48. The trade was a 4.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Fluor Trading Up 2.7%

Shares of FLR opened at $53.03 on Wednesday. The stock’s 50-day moving average price is $44.93 and its 200 day moving average price is $44.10. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.33. The firm has a market capitalization of $7.77 billion, a price-to-earnings ratio of -67.99, a P/E/G ratio of 1.31 and a beta of 1.37. Fluor Corporation has a 12-month low of $29.20 and a 12-month high of $57.50.

Fluor (NYSE:FLR) last announced its quarterly earnings data on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing analysts’ consensus estimates of $0.34 by ($0.01). The firm had revenue of $4.18 billion during the quarter, compared to the consensus estimate of $4.27 billion. Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.Fluor’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 EPS. As a group, research analysts predict that Fluor Corporation will post 2.5 earnings per share for the current year.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on FLR. Weiss Ratings lowered shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research report on Tuesday, February 17th. Robert W. Baird raised their price target on shares of Fluor from $45.00 to $48.00 and gave the stock a “neutral” rating in a research note on Wednesday, February 18th. DA Davidson upped their price objective on Fluor from $55.00 to $60.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. Zacks Research raised Fluor from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 19th. Finally, UBS Group reaffirmed a “buy” rating and issued a $57.00 price target on shares of Fluor in a research note on Thursday, February 19th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $52.29.

Key Stories Impacting Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Large SMR stake monetization: Fluor sold ~71.0M SMR shares on Feb. 13 for about $1.35B, materially boosting cash and reducing concentration in that investment — this improves flexibility to fund operations, pay down debt or redeploy capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Positive Sentiment: Analyst upgrades and bullish research: Zacks moved FLR to its Rank #1 (Strong Buy) and several broker reports raised price targets (Citigroup, DA Davidson), providing near-term buy-side support. New Strong Buy Stocks for February 24th
• Neutral Sentiment: Institutional positioning: several funds have added or initiated positions in recent quarters; 88% of shares remain institutionally held — supportive for liquidity but not an immediate catalyst. FLR analyst & institutional summary
• Negative Sentiment: Cluster of insider sales this week — multiple executives (including Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares in mid‑Feb at ~$52–53 — concentrated insider selling can amplify short-term negative sentiment. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results missed slightly: Q4 EPS and revenue were a touch below consensus and net margin was negative — leaves investors focused on execution and margin recovery. FLR earnings summary

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in Fluor by 40.3% during the 1st quarter. NewEdge Advisors LLC now owns 10,077 shares of the construction company’s stock worth $361,000 after acquiring an additional 2,896 shares during the last quarter. Jones Financial Companies Lllp boosted its stake in Fluor by 337.7% in the first quarter. Jones Financial Companies Lllp now owns 16,389 shares of the construction company’s stock worth $587,000 after purchasing an additional 12,645 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of Fluor during the first quarter worth $266,000. Acadian Asset Management LLC acquired a new stake in shares of Fluor in the first quarter valued at $54,000. Finally, Stephens Inc. AR bought a new position in shares of Fluor in the second quarter valued at about $258,000. 88.07% of the stock is owned by institutional investors and hedge funds.

Fluor Company Profile

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.