13,709 Shares in Flowserve Corporation $FLS Acquired by AXQ Capital LP

03 Jun 2026, 03:19 by Teresa Graham · The Cerbat Gem

AXQ Capital LP acquired a new position in Flowserve Corporation (NYSE:FLS – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 13,709 shares of the industrial products company’s stock, valued at approximately $951,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. boosted its stake in 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 worth $14,967,000 after purchasing an additional 189,165 shares during the period. Hillsdale Investment Management Inc. purchased a new stake in Flowserve in the 3rd quarter worth approximately $3,034,000. Dynamic Technology Lab Private Ltd purchased a new stake in Flowserve in the 3rd quarter worth approximately $2,343,000. Exchange Traded Concepts LLC lifted its position in Flowserve by 19.2% in the 4th quarter. Exchange Traded Concepts LLC now owns 128,436 shares of the industrial products company’s stock worth $8,911,000 after buying an additional 20,725 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new stake in Flowserve in the 3rd quarter worth approximately $1,803,000. Institutional investors and hedge funds own 93.93% of the company’s stock.

Flowserve Stock Performance

Shares of FLS opened at $76.21 on Wednesday. The company has a market capitalization of $9.74 billion, a PE ratio of 28.22, a price-to-earnings-growth ratio of 1.69 and a beta of 1.22. Flowserve Corporation has a one year low of $45.11 and a one year high of $92.41. The company has a debt-to-equity ratio of 0.73, a current ratio of 2.22 and a quick ratio of 1.63. The company’s fifty day moving average price is $75.44 and its 200 day moving average price is $75.91.

Flowserve (NYSE:FLS – Get Free Report) last announced 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 for the quarter, compared to the consensus estimate of $1.17 billion. Flowserve had a net margin of 7.61% and a return on equity of 21.46%. The business’s quarterly revenue was down 6.7% on a year-over-year basis. During the same quarter last year, the firm posted $0.72 EPS. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. As a group, analysts expect that Flowserve Corporation will post 4.05 earnings per share for the current year.

Flowserve Dividend Announcement

The company also recently announced 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 1.2%. The ex-dividend date is Friday, June 26th. Flowserve’s dividend payout ratio (DPR) is 32.59%.

Analyst Upgrades and Downgrades

FLS has been the subject of a number of research analyst reports. Citigroup reiterated a “buy” rating on shares of Flowserve in a research report on Thursday, April 30th. Mizuho increased their target price on shares of Flowserve from $74.00 to $91.00 and gave the stock an “outperform” rating in a research report on Monday, February 9th. Robert W. Baird set a $98.00 target price on shares of Flowserve in a research report on Monday, February 9th. Weiss Ratings downgraded shares of Flowserve from a “buy (b)” rating to a “buy (b-)” rating in a report on Friday, May 15th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $90.00 price objective (down from $100.00) on shares of Flowserve in a research note on Tuesday, March 31st. Eight equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $87.70.

Get Our Latest Stock Report on Flowserve

Insider Buying and Selling

In other news, Director Brian D. Savoy bought 1,000 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average price of $67.34 per share, for a total transaction of $67,340.00. Following the acquisition, the director directly owned 1,000 shares of the company’s stock, valued at $67,340. The trade was a ∞ increase in their position. The purchase was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.71% of the stock is owned by company insiders.

Flowserve Company Profile

(Free Report)

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.