Fluor (FLR)

• Market cap: $8.63B
• 1 day: 0.52%
• 5 days: -7.80%
• 1 month: -4.17%
• 3 months: 6.68%
• 6 months: 12.59%
• Year to date: 32.86%
• 1 year: 28.98%
• 5 years: 174.18%
• 10 years: -15.59%
• Sector: Industrials
• Industry: Heavy Construction Other Than Building Construction Contractors

About: Fluor is one of the largest global providers of engineering, procurement, construction, fabrication, operations, and maintenance services. The firm serves a wide range of end markets including oil and gas, chemicals, mining, metals, and transportation. The company's business is organized into three core segments: urban solutions, mission solutions, and energy solutions. Fluor generated $15.5 billion in revenue in 2023.

Employees: 30,187

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

262% more call options, than puts

Call options by funds: $323M | Put options by funds: $89.1M

74% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 50

17% more repeat investments, than reductions

Existing positions increased: 145 | Existing positions reduced: 124

17% more funds holding in top 10

Funds holding in top 10: 12 [Q2] → 14 (+2) [Q3]

9% more funds holding

Funds holding: 398 [Q2] → 435 (+37) [Q3]

7% more capital invested

Capital invested by funds: $7B [Q2] → $7.48B (+$479M) [Q3]

2.38% less ownership

Funds ownership: 93.86% [Q2] → 91.48% (-2.38%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $58 15% upside
• Avg. target: $64 26% upside
• High target: $66 31% upside

6 analyst ratings

• positive: 5 83%
• neutral: 1 17%
• negative: 0 0%

Truist Securities Jamie Cook 71% 1-year accuracy 56 / 79 met price target	31% upside $66	Buy Maintained	19 Dec 2024
Baird Andrew Wittmann 81% 1-year accuracy 26 / 32 met price target	15% upside $58	Neutral Downgraded	18 Dec 2024
DA Davidson Brent Thielman 78% 1-year accuracy 36 / 46 met price target	29% upside $65	Buy Maintained	12 Nov 2024
Keybanc Sangita Jain 55% 1-year accuracy 23 / 42 met price target	27% upside $64	Overweight Maintained	7 Nov 2024
UBS Steven Fisher 61% 1-year accuracy 17 / 28 met price target	25% upside $63	Buy Maintained	23 Oct 2024