Intech Investment Management LLC Acquires 161,070 Shares of Fluor Corporation $FLR

Intech Investment Management LLC lifted its position in Fluor Corporation (NYSE:FLR) by 53.8% in the third quarter, HoldingsChannel.com reports. The firm owned 460,671 shares of the construction company’s stock after purchasing an additional 161,070 shares during the quarter. Intech Investment Management LLC’s holdings in Fluor were worth $19,380,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. MTM Investment Management LLC acquired a new position in shares of Fluor during the 2nd quarter worth about $26,000. Hantz Financial Services Inc. raised its stake in Fluor by 2,695.2% during the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after purchasing an additional 566 shares during the period. CoreCap Advisors LLC increased its stake in Fluor by 129.5% during the third quarter. CoreCap Advisors LLC now owns 723 shares of the construction company’s stock worth $30,000 after acquiring an additional 408 shares during the last quarter. Banque Transatlantique SA raised its holdings in Fluor by 312.5% in the 2nd quarter. Banque Transatlantique SA now owns 825 shares of the construction company’s stock valued at $43,000 after buying an additional 625 shares during the period. Finally, Acadian Asset Management LLC acquired a new position in shares of Fluor in the 1st quarter worth approximately $54,000. 88.07% of the stock is currently owned by institutional investors.

Fluor Price Performance

FLR stock opened at $53.44 on Thursday. Fluor Corporation has a 52-week low of $29.20 and a 52-week high of $57.50. The stock’s fifty day simple moving average is $45.19 and its 200-day simple moving average is $44.17. 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 stock has a market capitalization of $7.83 billion, a price-to-earnings ratio of -68.52, a price-to-earnings-growth ratio of 1.35 and a beta of 1.37.

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

Wall Street Analyst Weigh In

FLR has been the subject of a number of research reports. Wall Street Zen upgraded shares of Fluor from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Truist Financial increased their price target on shares of Fluor from $56.00 to $59.00 and gave the company a “buy” rating in a research note on Thursday, February 19th. UBS Group reissued a “buy” rating and issued a $57.00 target price on shares of Fluor in a research report on Thursday, February 19th. Citigroup raised their price objective on shares of Fluor from $57.00 to $61.00 and gave the stock a “buy” rating in a research report on Friday, February 20th. Finally, Robert W. Baird boosted their target price on Fluor from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday, February 18th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $52.29.

Key Headlines Impacting Fluor

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor monetized a large SMR position, selling ~71.0M SMR shares for about $1.35B in mid‑February — materially boosting cash and reducing concentration risk, which improves flexibility to pay down debt, fund projects or return capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Positive Sentiment: Analyst sentiment has shifted bullish: Zacks moved FLR to its Rank #1 (Strong Buy) and brokers (DA Davidson, Citigroup, others) have raised targets — supporting near‑term buying interest. New Strong Buy Stocks for February 24th
• Neutral Sentiment: Institutional ownership remains very high (~88%), which supports liquidity and limits float volatility but is not an immediate catalyst. FLR analyst & institutional summary
• Neutral Sentiment: Strategic refocus in nuclear work: Fluor is reshaping its nuclear role with a Centrus contract and exiting its NuScale involvement — this clarifies exposure and may change future earnings mix but will take time to show impact. Fluor Refocuses Nuclear Role With Centrus Contract And NuScale Exit
• Negative Sentiment: Cluster of insider sales this week — multiple executives (Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares at ~$52–53. Concentrated insider selling can amplify short‑term negative sentiment and perceived confidence concerns. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent Q4 results slightly missed expectations (EPS and revenue modestly below consensus) and showed a negative net margin, keeping investor focus on execution and margin recovery. FLR earnings summary

Insider Transactions at Fluor

In other news, insider Kevin B. Hammonds sold 2,988 shares of the firm’s stock in a transaction that occurred on Friday, February 20th. The shares were sold at an average price of $52.61, for a total transaction of $157,198.68. Following the completion of the sale, the insider owned 16,273 shares of the company’s stock, valued at approximately $856,122.53. This trade represents a 15.51% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Michael E. Alexander sold 3,387 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $53.07, for a total value of $179,748.09. Following the transaction, the insider directly owned 68,664 shares in the company, valued at approximately $3,643,998.48. This represents a 4.70% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 22,110 shares of company stock valued at $1,168,920 in the last three months. 1.70% of the stock is currently owned by company insiders.

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.