Why Flowserve Corporation (FLS) Stock Is Up Today

Flowserve Corporation (FLS) is up 9.9% today. Here is some analysis on what might have caused this price movement.

Analysis: The rally appears tied to Flowserve’s third-quarter results and updated outlook. Investors seem encouraged by stronger profitability, record backlog, and a higher low end of full-year adjusted EPS guidance, even though the company trimmed its sales outlook because of tougher conditions in the Middle East.

Details:

Flowserve reported third-quarter sales of about $1.24 billion, with total bookings rising 14.1% year over year to roughly $1.38 billion.

Backlog reached about $3.47 billion, up nearly 20% from a year earlier and described as the largest backlog in the company’s history.

The company highlighted adjusted operating margin expansion and raised the low end of its 2026 adjusted EPS guidance to $4.10 from $4.05, while keeping the top end at $4.20.

Flowserve also lowered its full-year organic sales growth outlook to a range of down 2.5% to down 1.5%, citing delayed customer activity and revenue conversion tied to Middle East disruption, so today’s move suggests the market is focusing more on earnings quality and future demand than on the sales cut.

Sources:

Flowserve Investor Relations, SEC, Investing.com

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FLS Insider Trading Activity

$FLS insiders have traded $FLS stock on the open market 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $FLS stock by insiders over the last 6 months:

MICHAEL C. MCMURRAY purchased 2,500 shares for an estimated $164,274

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.

$FLS Hedge Fund Activity

We have seen 275 institutional investors add shares of $FLS stock to their portfolio, and 341 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

FIL LTD added 4,163,193 shares (+inf%) to their portfolio in Q2 2026, for an estimated $308,742,392
JPMORGAN CHASE & CO added 3,058,486 shares (+inf%) to their portfolio in Q2 2026, for an estimated $226,817,321
POINTSTATE CAPITAL LP added 2,654,220 shares (+inf%) to their portfolio in Q2 2026, for an estimated $196,836,955
FMR LLC removed 2,385,769 shares (-66.8%) from their portfolio in Q2 2026, for an estimated $176,928,629
DURABLE CAPITAL PARTNERS LP added 1,959,206 shares (+205.8%) to their portfolio in Q2 2026, for an estimated $145,294,716
SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,588,165 shares (+inf%) to their portfolio in Q2 2026, for an estimated $117,778,316
59 NORTH CAPITAL MANAGEMENT, LP added 1,552,748 shares (+inf%) to their portfolio in Q2 2026, for an estimated $115,151,791

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.

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.