Fluor (FLR)

• Market cap: $9.18B
• 1 day: 6.21%
• 5 days: 10.12%
• 1 month: 6.57%
• 3 months: -0.63%
• 6 months: 10.21%
• Year to date: 8.63%
• 1 year: 44.10%
• 5 years: 165.74%
• 10 years: -4.02%
• 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)

266% more call options, than puts

Call options by funds: $327M | Put options by funds: $89.1M

93% more first-time investments, than exits

New positions opened: 87 | Existing positions closed: 45

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: $7.02B [Q2] → $7.53B (+$509M) [Q3]

2.03% less ownership

Funds ownership: 94.13% [Q2] → 92.1% (-2.03%) [Q3]

Research analyst outlook

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

• Low target: $58 8% upside
• Avg. target: $63 17% upside
• High target: $65 21% upside

6 analyst ratings

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

Truist Securities Jamie Cook 72% 1-year accuracy 62 / 86 met price target	21% upside $65	Buy Maintained	16 Jan 2025
Keybanc Sangita Jain 69% 1-year accuracy 29 / 42 met price target	12% upside $60	Overweight Maintained	8 Jan 2025
Baird Andrew Wittmann 81% 1-year accuracy 25 / 31 met price target	8% upside $58	Neutral Downgraded	18 Dec 2024
DA Davidson Brent Thielman 82% 1-year accuracy 37 / 45 met price target	21% upside $65	Buy Maintained	12 Nov 2024
UBS Steven Fisher 57% 1-year accuracy 16 / 28 met price target	18% upside $63	Buy Maintained	23 Oct 2024