FLS stock icon

Flowserve
FLS

$45.51
2.34%

Market Cap: $5.98B

 

About: Flowserve Corp is a manufacturer and aftermarket service provider of comprehensive flow control systems. It develops precision-engineered flow control equipment to monitor movement and protect customers' materials and processes. It offers an extensive range of pumps, valves, seals, and services for several industries, including oil and gas, chemical, power generation, and water management. In addition, Flowserve has a network of Quick Response Centers to provide aftermarket equipment services. The aftermarket services help customers with installation, diagnostics, repair, and retrofitting. Sales are roughly split across many regions, with North America and Europe contributing the majority of total revenue.

Employees: 16,000

0
Funds holding %
of 6,686 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

60% more call options, than puts

Call options by funds: $11.8M | Put options by funds: $7.36M

38% more first-time investments, than exits

New positions opened: 55 | Existing positions closed: 40

6% more capital invested

Capital invested by funds: $5.68B [Q1] → $6.01B (+$325M) [Q2]

4% more funds holding

Funds holding: 394 [Q1] → 409 (+15) [Q2]

0.08% more ownership

Funds ownership: 94.77% [Q1] → 94.85% (+0.08%) [Q2]

0% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 2 (+0) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 131 | Existing positions reduced: 165

Research analyst outlook

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

Low target
$52
14%
upside
Avg. target
$58
27%
upside
High target
$60
32%
upside

6 analyst ratings

positive
67%
neutral
33%
negative
0%
TD Cowen
Joseph Giordano
37% 1-year accuracy
7 / 19 met price target
25%upside
$57
Buy
Maintained
1 Aug 2024
Stifel
Nathan Jones
72% 1-year accuracy
46 / 64 met price target
32%upside
$60
Buy
Maintained
31 Jul 2024
RBC Capital
Deane Dray
61% 1-year accuracy
37 / 61 met price target
14%upside
$52
Sector Perform
Maintained
31 Jul 2024
Baird
Michael Halloran
27% 1-year accuracy
6 / 22 met price target
32%upside
$60
Neutral
Maintained
31 Jul 2024
B of A Securities
Andrew Obin
41% 1-year accuracy
7 / 17 met price target
32%upside
$60
Buy
Maintained
30 Jul 2024

Financial journalist opinion

Based on 12 articles about FLS published over the past 30 days