Flowserve (NYSE:FLS) Issues FY 2026 Earnings Guidance

Flowserve (NYSE:FLS) issued an update on its FY 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 4.050-4.200 for the period, compared to the consensus earnings per share estimate of 4.060. The company issued revenue guidance of $4.9 billion-$4.9 billion, compared to the consensus revenue estimate of $4.9 billion.

Analysts Set New Price Targets

Several brokerages have recently weighed in on FLS. Stifel Nicolaus set a $92.00 target price on shares of Flowserve in a research report on Friday, May 1st. TD Cowen cut shares of Flowserve from a “buy” rating to a “hold” rating and cut their target price for the company from $85.00 to $70.00 in a research note on Wednesday, June 24th. Citigroup reiterated a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. Zacks Research lowered Flowserve from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, April 15th. Finally, The Goldman Sachs Group restated a “neutral” rating and issued a $83.00 target price on shares of Flowserve in a research note on Thursday, April 30th. Six research analysts have rated the stock with a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $86.70.

Flowserve Trading Up 7.5%

Shares of FLS traded up $5.23 on Thursday, reaching $75.17. 2,151,230 shares of the company’s stock were exchanged, compared to its average volume of 1,987,158. The business has a 50 day moving average price of $73.47 and a two-hundred day moving average price of $76.89. Flowserve has a 12 month low of $48.71 and a 12 month high of $92.41. The stock has a market capitalization of $9.61 billion, a P/E ratio of 27.86, a price-to-earnings-growth ratio of 1.65 and a beta of 1.23. The company has a current ratio of 2.22, a quick ratio of 1.63 and a debt-to-equity ratio of 0.73.

Flowserve (NYSE:FLS) last released its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, topping analysts’ consensus estimates of $0.86 by $0.09. The firm had revenue of $1.17 billion during the quarter, compared to analyst estimates of $1.16 billion. Flowserve had a net margin of 7.61% and a return on equity of 21.46%. The business’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.91 EPS. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Research analysts anticipate that Flowserve will post 4.04 earnings per share for the current year.

Flowserve Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, July 10th. Stockholders of record on Friday, June 26th were paid a $0.22 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.2%. Flowserve’s dividend payout ratio is 32.59%.

Insider Buying and Selling at Flowserve

In other news, Director Brian D. Savoy acquired 1,000 shares of Flowserve stock in a transaction that occurred on Thursday, May 14th. The shares were acquired at an average price of $67.34 per share, with a total value of $67,340.00. Following the purchase, the director directly owned 1,000 shares of the company’s stock, valued at $67,340. The trade was a ∞ increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. 0.71% of the stock is owned by corporate insiders.

Flowserve News Summary

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Q2 earnings beat expectations: Flowserve reported adjusted earnings of $0.95 per share, ahead of the $0.86 analyst consensus and above $0.91 in the year-ago quarter. Revenue of $1.17 billion also exceeded estimates of $1.16 billion. Flowserve Q2 earnings and revenues surpass estimates
• Positive Sentiment: Bookings and margins improved: Quarterly bookings rose 26% year over year to $1.35 billion, including record aftermarket bookings of $696 million. Operating margin expanded 70 basis points to 13.0%, while adjusted operating margin reached 15.3%, supporting the earnings outperformance. Flowserve Corporation reports second quarter 2026 results
• Positive Sentiment: 2026 outlook improved at the low end: Flowserve raised the lower boundary of its full-year adjusted EPS guidance to $4.05, with a range of $4.05-$4.20. The midpoint remains broadly aligned with analysts’ expectations, while revenue guidance of approximately $4.9 billion was maintained. Flowserve Q2 earnings beat estimates on margin expansion and bookings
• Neutral Sentiment: Sales growth remains limited: Quarterly revenue declined 1.6% from a year earlier, indicating that the earnings gains were driven primarily by margin expansion, mix, and aftermarket strength rather than broad-based sales growth. Cash from operations also decreased year over year, although cash balances increased.
• Neutral Sentiment: Investor takeaway: The stock’s move reflects confidence that stronger bookings and disciplined execution can support earnings despite subdued revenue growth. At roughly 28 times earnings, valuation leaves the shares sensitive to any weakening in industrial demand or failure to convert the elevated backlog into sales.

Hedge Funds Weigh In On Flowserve

Several institutional investors have recently modified their holdings of the business. Goldman Sachs Group Inc. increased its position in shares of Flowserve by 48.2% during the first quarter. Goldman Sachs Group Inc. now owns 471,893 shares of the industrial products company’s stock worth $23,047,000 after acquiring an additional 153,553 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Flowserve during the 2nd quarter worth about $313,000. First Trust Advisors LP lifted its holdings in shares of Flowserve by 6.0% in the second quarter. First Trust Advisors LP now owns 134,484 shares of the industrial products company’s stock valued at $7,040,000 after purchasing an additional 7,624 shares in the last quarter. Cresset Asset Management LLC raised its position in Flowserve by 24.1% in the 2nd quarter. Cresset Asset Management LLC now owns 14,246 shares of the industrial products company’s stock valued at $749,000 after buying an additional 2,769 shares during the last quarter. Finally, California Public Employees Retirement System raised its position in Flowserve by 10.5% in the 2nd quarter. California Public Employees Retirement System now owns 232,848 shares of the industrial products company’s stock valued at $12,190,000 after buying an additional 22,108 shares during the last quarter. Institutional investors own 93.93% of the company’s stock.

About Flowserve

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.