What is Zacks Research’s Estimate for Flowserve Q2 Earnings?

Flowserve Corporation (NYSE:FLS) – Zacks Research dropped their Q2 2027 earnings estimates for shares of Flowserve in a report released on Wednesday, May 20th. Zacks Research analyst Team now anticipates that the industrial products company will post earnings of $1.00 per share for the quarter, down from their previous estimate of $1.10. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Flowserve’s current full-year earnings is $4.05 per share.

A number of other equities analysts have also weighed in on the stock. TD Cowen reiterated a “buy” rating on shares of Flowserve in a report on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating and issued a $90.00 price target (down from $100.00) on shares of Flowserve in a report on Tuesday, March 31st. Mizuho lifted their price target on shares of Flowserve from $74.00 to $91.00 and gave the company an “outperform” rating in a report on Monday, February 9th. The Goldman Sachs Group reiterated a “neutral” rating and issued a $83.00 price target on shares of Flowserve in a report on Thursday, April 30th. Finally, Weiss Ratings lowered shares of Flowserve from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 15th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Flowserve has a consensus rating of “Moderate Buy” and an average price target of $87.70.

Flowserve Stock Up 0.0%

Shares of FLS opened at $69.63 on Monday. The firm has a market cap of $8.90 billion, a PE ratio of 25.79, a price-to-earnings-growth ratio of 1.57 and a beta of 1.24. The company’s fifty day moving average is $75.55 and its two-hundred day moving average is $75.74. Flowserve has a fifty-two week low of $45.11 and a fifty-two week high of $92.41. The company has a quick ratio of 1.63, a current ratio of 2.22 and a debt-to-equity ratio of 0.73.

Flowserve (NYSE:FLS) last released its earnings results on Wednesday, April 29th. The industrial products company reported $0.85 EPS for the quarter, topping the consensus estimate of $0.82 by $0.03. The firm had revenue of $1.07 billion during the quarter, compared to analysts’ expectations of $1.17 billion. Flowserve had a net margin of 7.61% and a return on equity of 21.46%. Flowserve’s revenue for the quarter was down 6.7% on a year-over-year basis. During the same period in the previous year, the company earned $0.72 EPS. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the stock. UBS Group AG raised its position in Flowserve by 67.8% in the third quarter. UBS Group AG now owns 4,146,917 shares of the industrial products company’s stock valued at $220,367,000 after purchasing an additional 1,676,284 shares during the period. AQR Capital Management LLC raised its position in Flowserve by 9.9% in the third quarter. AQR Capital Management LLC now owns 3,230,118 shares of the industrial products company’s stock valued at $171,648,000 after purchasing an additional 290,226 shares during the period. Earnest Partners LLC raised its position in Flowserve by 5.0% in the third quarter. Earnest Partners LLC now owns 2,885,879 shares of the industrial products company’s stock valued at $153,356,000 after purchasing an additional 136,867 shares during the period. Nuveen LLC raised its position in Flowserve by 6.1% in the fourth quarter. Nuveen LLC now owns 2,777,288 shares of the industrial products company’s stock valued at $192,688,000 after purchasing an additional 158,661 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in Flowserve by 12.2% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,745,206 shares of the industrial products company’s stock valued at $190,468,000 after purchasing an additional 299,346 shares during the period. 93.93% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, Director Brian D. Savoy acquired 1,000 shares of the business’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $67.34 per share, with a total value of $67,340.00. Following the completion of the transaction, the director directly owned 1,000 shares of the company’s stock, valued at $67,340. This trade represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.71% of the stock is owned by company insiders.

Flowserve Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 26th will be issued a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 1.3%. The ex-dividend date is Friday, June 26th. Flowserve’s dividend payout ratio is currently 32.59%.

Flowserve Company Profile

Flowserve Corporation (NYSE: FLS) is a leading provider of fluid motion and control products and services. The company designs, manufactures and services engineered and industrial pumps, mechanical seals, valves and related flow management equipment. Flowserve’s offerings are utilized across a broad spectrum of end markets, including oil and gas, power generation, chemical processing, water management, pharmaceutical and semiconductor manufacturing, as well as mining and general industrial applications.

Flowserve’s product portfolio encompasses a wide range of centrifugal and positive displacement pumps, high-performance control valves, butterfly and ball valves, as well as mechanical seals and seal support systems.