Fluor Corporation (NYSE:FLR) CFO Bruce A. Stanski sold 2,792 shares of Fluor stock in a transaction dated Thursday, November 30th. The stock was sold at an average price of $48.48, for a total value of $135,356.16. Following the completion of the transaction, the chief financial officer now directly owns 40,104 shares of the company’s stock, valued at $1,944,241.92. The transaction was disclosed in a document filed with the SEC, which is available at this link.

Shares of Fluor Corporation (FLR) traded up $0.26 during trading on Friday, reaching $48.67. The company had a trading volume of 1,100,914 shares, compared to its average volume of 1,421,736. Fluor Corporation has a twelve month low of $37.03 and a twelve month high of $58.37. The company has a market cap of $6,810.00, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 3.32 and a beta of 1.42. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.56 and a quick ratio of 1.18.

Fluor (NYSE:FLR) last released its quarterly earnings results on Thursday, November 2nd. The construction company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.09. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.73 billion. Fluor had a return on equity of 11.69% and a net margin of 1.03%. The company’s quarterly revenue was up 3.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.03 EPS. sell-side analysts predict that Fluor Corporation will post 1.56 earnings per share for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 3rd. Shareholders of record on Tuesday, December 5th will be paid a dividend of $0.21 per share. The ex-dividend date of this dividend is Monday, December 4th. This represents a $0.84 dividend on an annualized basis and a yield of 1.73%. Fluor’s dividend payout ratio (DPR) is currently 58.74%.

A number of analysts recently commented on the company. Zacks Investment Research raised Fluor from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 7th. Canaccord Genuity reaffirmed a “buy” rating and issued a $54.00 target price on shares of Fluor in a research report on Monday, November 6th. UBS boosted their target price on Fluor from $43.00 to $46.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Robert W. Baird boosted their target price on Fluor from $40.00 to $48.00 and gave the company a “neutral” rating in a research report on Friday, November 3rd. Finally, Credit Suisse Group decreased their target price on Fluor from $43.00 to $41.00 and set a “neutral” rating for the company in a research report on Friday, November 3rd. One investment analyst has rated the stock with a sell rating, eight have given a hold rating and four have assigned a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $47.45.

Hedge funds have recently added to or reduced their stakes in the business. Balentine LLC boosted its stake in Fluor by 99.1% during the 3rd quarter. Balentine LLC now owns 2,799 shares of the construction company’s stock valued at $118,000 after purchasing an additional 1,393 shares during the last quarter. Smithfield Trust Co. boosted its stake in Fluor by 393.3% during the 2nd quarter. Smithfield Trust Co. now owns 3,700 shares of the construction company’s stock valued at $169,000 after purchasing an additional 2,950 shares during the last quarter. Captrust Financial Advisors acquired a new position in Fluor during the 2nd quarter valued at about $169,000. State of Alaska Department of Revenue boosted its stake in Fluor by 10.3% during the 2nd quarter. State of Alaska Department of Revenue now owns 4,074 shares of the construction company’s stock valued at $186,000 after purchasing an additional 380 shares during the last quarter. Finally, Greenwood Capital Associates LLC boosted its stake in Fluor by 10.5% during the 2nd quarter. Greenwood Capital Associates LLC now owns 4,515 shares of the construction company’s stock valued at $207,000 after purchasing an additional 430 shares during the last quarter. Institutional investors and hedge funds own 84.29% of the company’s stock.

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Fluor Company Profile

Fluor Corporation (Fluor) is a holding company. The Company operates its business in four segments: Energy, Chemicals & Mining; Industrial, Infrastructure & Power; Government, and Maintenance, Modification & Asset Integrity (MMAI). The Company, through its subsidiaries, offers professional services providing engineering, procurement, construction, fabrication and modularization, commissioning and maintenance, as well as project management services on a global basis.

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