Flowserve Corporation $FLS reported second-quarter 2026 revenue of $1.17 billion, slightly below Wall Street expectations and down 1.6% from a year earlier. Gross profit came in at $384.7 million, while operating profit improved 3.3% to $151.4 million.
Bottom-line results were stronger, with net income attributable to common shareholders rising 21.1% to $99.0 million. Diluted earnings per share increased 24.2% year over year to $0.77, even as cash from operating activities declined 16.2% to $129.2 million.
The company ended the quarter with $731.0 million in cash and cash equivalents, up 16.2% from a year ago. Total liabilities increased to $4.0 billion, while capital spending remained modest at $16.9 million. Shares fell 1.33% after the close.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Flowserve Corporation Insider Trading Activity
Flowserve Corporation insiders have traded $FLS stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $FLS stock by insiders over the last 6 months:
- MICHAEL C. MCMURRAY has made 1 purchase buying 2,500 shares for an estimated $164,274 and 1 sale selling 7,663 shares for an estimated $689,363.
- KENNETH I SIEGEL sold 3,229 shares for an estimated $288,995
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Flowserve Corporation Hedge Fund Activity
We have seen 306 institutional investors add shares of Flowserve Corporation stock to their portfolio, and 254 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SWEDBANK AB added 1,851,212 shares (+616.6%) to their portfolio in Q2 2026, for an estimated $137,285,881
- D1 CAPITAL PARTNERS L.P. removed 1,783,161 shares (-23.3%) from their portfolio in Q1 2026, for an estimated $131,080,165
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN added 1,706,200 shares (+170.6%) to their portfolio in Q1 2026, for an estimated $125,422,762
- BLACKROCK, INC. added 1,497,334 shares (+12.8%) to their portfolio in Q1 2026, for an estimated $110,069,022
- UBS GROUP AG added 1,204,431 shares (+33.5%) to their portfolio in Q1 2026, for an estimated $88,537,722
- DURABLE CAPITAL PARTNERS LP added 951,798 shares (+inf%) to their portfolio in Q1 2026, for an estimated $69,966,670
- CAPITAL WORLD INVESTORS added 942,871 shares (+inf%) to their portfolio in Q1 2026, for an estimated $69,310,447
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Flowserve Corporation Government Contracts
We have seen $2,355,261 of award payments to $FLS over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- 8511623983!ACTUATOR,ELECTRO-ME: $433,500
- 8511682709!ACTUATOR,ELECTRO-ME: $181,645
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.
Flowserve Corporation Price Targets
Multiple analysts have issued price targets for $FLS recently. We have seen 6 analysts offer price targets for $FLS in the last 6 months, with a median target of $91.0.
Here are some recent targets:
- Joseph Giordano from TD Cowen set a target price of $70.0 on 06/24/2026
- Deane Dray from RBC Capital set a target price of $91.0 on 05/01/2026
- Nathan Jones from Stifel set a target price of $102.0 on 04/14/2026
- Andrew Kaplowitz from Citigroup set a target price of $97.0 on 04/13/2026
- Stephen Volkmann from Jefferies set a target price of $90.0 on 03/31/2026
- Brett Linzey from Mizuho set a target price of $91.0 on 02/09/2026
