Envestnet Asset Management Inc. Boosts Stock Holdings in Fluor Corporation $FLR

Envestnet Asset Management Inc. grew its stake in shares of Fluor Corporation (NYSE:FLR) by 195.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 247,829 shares of the construction company’s stock after buying an additional 164,081 shares during the period. Envestnet Asset Management Inc.’s holdings in Fluor were worth $10,426,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MTM Investment Management LLC acquired a new position in shares of Fluor in the 2nd quarter valued at about $26,000. IFP Advisors Inc acquired a new position in Fluor during the second quarter valued at approximately $27,000. Hantz Financial Services Inc. grew its stake in Fluor by 2,695.2% during the second quarter. Hantz Financial Services Inc. now owns 587 shares of the construction company’s stock worth $30,000 after buying an additional 566 shares during the period. CoreCap Advisors LLC increased its position in shares of Fluor by 129.5% in the third quarter. CoreCap Advisors LLC now owns 723 shares of the construction company’s stock worth $30,000 after acquiring an additional 408 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new position in shares of Fluor in the 2nd quarter valued at $33,000. Institutional investors and hedge funds own 88.07% of the company’s stock.

Key Fluor News

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Fluor sold 71 million NuScale shares for $1.35 billion and launched a trading program for the remaining 40 million shares — this materially improves liquidity, reduces exposure to NuScale, and funds shareholder returns / strategic uses. Article Title
• Positive Sentiment: Management reiterated confidence in capturing significant EPC awards in 2026–27 and highlighted progress in monetizing NuScale — messaging that supports higher future backlog and cash deployment options. Article Title
• Positive Sentiment: Operational wins in nuclear and mining project execution were reported, signaling improving execution after recent setbacks — a potential catalyst for new awards and margin recovery. Article Title
• Neutral Sentiment: Analyst action: Robert W. Baird raised its price target from $45 to $48 but kept a “neutral” rating — a modest endorsement but the PT still sits below the current trading level, implying limited near-term analyst upside. Article Title
• Neutral Sentiment: Potential policy tailwind: H.R. 7459 (Coastal Trust Fund Act) would create a dedicated coastal-storm infrastructure fund — if enacted it could expand federally funded project opportunities for contractors like Fluor, but passage and timing are uncertain. Article Title
• Negative Sentiment: Q4 results: Fluor reported $0.33 EPS (vs. $0.34 consensus) and $4.17–4.18B revenue (vs. ~$4.27B consensus), a small miss that led to an earlier selloff — declining quarterly revenue and lower EPS versus prior year highlight near-term execution/volume pressure. Article Title
• Negative Sentiment: Market/valuation concerns: Commentary and analysis pieces argue the stock looks fully valued after the Q4 print and recent run-up, which could limit further upside absent stronger order visibility or margin improvement. Article Title
• Negative Sentiment: Risk disclosure: Fluor flagged heightened revenue, regulatory and reputational risks from heavy dependence on U.S. federal contracts — concentration risk that can amplify revenue volatility if federal spending or awarding patterns shift. Article Title

Fluor Trading Up 4.4%

NYSE FLR opened at $50.69 on Thursday. The company has a market capitalization of $8.17 billion, a price-to-earnings ratio of -64.99, a price-to-earnings-growth ratio of 7.07 and a beta of 1.37. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.45. Fluor Corporation has a 12 month low of $29.20 and a 12 month high of $57.50. The company’s fifty day moving average price is $44.20 and its two-hundred day moving average price is $43.80.

Fluor (NYSE:FLR) last issued its quarterly earnings results on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The company had revenue of $4.18 billion for the quarter, compared to the consensus estimate of $4.27 billion. Fluor had a positive return on equity of 7.96% and a negative net margin of 0.34%.The business’s revenue for the quarter was down 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.48 EPS. As a group, research analysts predict that Fluor Corporation will post 2.5 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently issued reports on FLR. Robert W. Baird increased their price target on Fluor from $45.00 to $48.00 and gave the company a “neutral” rating in a report on Wednesday. Truist Financial raised their target price on Fluor from $51.00 to $56.00 and gave the company a “buy” rating in a report on Monday, November 10th. UBS Group decreased their price target on Fluor from $56.00 to $52.00 and set a “buy” rating for the company in a report on Thursday, November 13th. DA Davidson lifted their price objective on shares of Fluor from $50.00 to $55.00 and gave the company a “buy” rating in a research note on Monday, November 10th. Finally, Weiss Ratings downgraded shares of Fluor from a “hold (c)” rating to a “sell (d+)” rating in a research note on Tuesday. Four equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Fluor has a consensus rating of “Hold” and an average price target of $49.86.

Fluor Company Profile

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.