What is Zacks Research’s Forecast for Flowserve Q3 Earnings?

Flowserve Corporation (NYSE:FLS) – Equities researchers at Zacks Research raised their Q3 2027 earnings per share estimates for Flowserve in a research note issued on Tuesday, July 21st. Zacks Research analyst Team now forecasts that the industrial products company will post earnings per share of $1.25 for the quarter, up from their previous estimate of $1.22. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Flowserve’s current full-year earnings is $4.04 per share. Zacks Research also issued estimates for Flowserve’s Q4 2027 earnings at $1.37 EPS, FY2027 earnings at $4.59 EPS and Q1 2028 earnings at $1.12 EPS.

FLS has been the topic of several other research reports. The Goldman Sachs Group reissued a “neutral” rating and set a $83.00 price target on shares of Flowserve in a research report on Thursday, April 30th. Weiss Ratings cut shares of Flowserve from a “buy (b)” rating to a “buy (b-)” rating in a research report on Friday, May 15th. Citigroup reaffirmed a “buy” rating on shares of Flowserve in a research note on Thursday, April 30th. TD Cowen lowered shares of Flowserve from a “buy” rating to a “hold” rating and decreased their target price for the company from $85.00 to $70.00 in a report on Wednesday, June 24th. Finally, Royal Bank Of Canada dropped their price target on shares of Flowserve from $98.00 to $91.00 and set an “outperform” rating for the company in a research note on Friday, May 1st. Seven research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $86.70.

Flowserve Stock Up 4.6%

Shares of FLS opened at $71.74 on Wednesday. Flowserve has a 52-week low of $48.71 and a 52-week high of $92.41. The company has a market capitalization of $9.17 billion, a PE ratio of 26.57, a price-to-earnings-growth ratio of 1.55 and a beta of 1.23. The stock has a fifty day simple moving average of $72.97 and a two-hundred day simple moving average of $76.89. 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 announced its quarterly earnings data on Wednesday, April 29th. The industrial products company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.82 by $0.03. The firm had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $1.17 billion. Flowserve had a return on equity of 21.46% and a net margin of 7.61%.The firm’s revenue was down 6.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.72 earnings per share. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS.

Institutional Investors Weigh In On Flowserve

Several institutional investors and hedge funds have recently modified their holdings of the company. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Flowserve by 1,300.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 203,715 shares of the industrial products company’s stock valued at $14,967,000 after purchasing an additional 189,165 shares in the last quarter. Exchange Traded Concepts LLC grew its stake in shares of Flowserve by 19.2% during the fourth quarter. Exchange Traded Concepts LLC now owns 128,436 shares of the industrial products company’s stock worth $8,911,000 after purchasing an additional 20,725 shares in the last quarter. Bullseye Asset Management LLC grew its stake in shares of Flowserve by 54.5% during the fourth quarter. Bullseye Asset Management LLC now owns 85,000 shares of the industrial products company’s stock worth $5,897,000 after purchasing an additional 30,000 shares in the last quarter. William Blair Investment Management LLC increased its holdings in Flowserve by 142.4% in the fourth quarter. William Blair Investment Management LLC now owns 1,048,137 shares of the industrial products company’s stock valued at $72,720,000 after buying an additional 615,769 shares during the last quarter. Finally, Hillsdale Investment Management Inc. increased its holdings in Flowserve by 27.8% in the fourth quarter. Hillsdale Investment Management Inc. now owns 72,950 shares of the industrial products company’s stock valued at $5,061,000 after buying an additional 15,850 shares during the last quarter. Hedge funds and other institutional investors own 93.93% of the company’s stock.

Insider Transactions at Flowserve

In other news, Director Brian D. Savoy purchased 1,000 shares of the firm’s stock in a transaction on Thursday, May 14th. The shares were bought at an average cost of $67.34 per share, for a total transaction of $67,340.00. Following the completion of the purchase, the director directly owned 1,000 shares of the company’s stock, valued at approximately $67,340. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. 0.71% of the stock is currently owned by insiders.

Flowserve Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Friday, June 26th were given a $0.22 dividend. The ex-dividend date of this dividend was Friday, June 26th. This represents a $0.88 dividend on an annualized basis and a yield of 1.2%. Flowserve’s payout ratio is presently 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.