Tocqueville Asset Management L.P. Invests $2.65 Million in Flowserve Corporation $FLS

Tocqueville Asset Management L.P. purchased a new position in Flowserve Corporation (NYSE:FLS) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 35,724 shares of the industrial products company’s stock, valued at approximately $2,649,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comprehensive Money Management Services LLC grew its stake in Flowserve by 1.5% during the 1st quarter. Comprehensive Money Management Services LLC now owns 8,509 shares of the industrial products company’s stock worth $625,000 after buying an additional 125 shares during the last quarter. BTC Capital Management Inc. lifted its stake in Flowserve by 2.5% in the first quarter. BTC Capital Management Inc. now owns 6,531 shares of the industrial products company’s stock valued at $480,000 after buying an additional 162 shares during the last quarter. Parallel Advisors LLC boosted its holdings in shares of Flowserve by 20.1% during the third quarter. Parallel Advisors LLC now owns 968 shares of the industrial products company’s stock valued at $51,000 after acquiring an additional 162 shares during the period. IFP Advisors Inc boosted its holdings in shares of Flowserve by 24.4% during the third quarter. IFP Advisors Inc now owns 830 shares of the industrial products company’s stock valued at $46,000 after acquiring an additional 163 shares during the period. Finally, Inspire Advisors LLC increased its holdings in shares of Flowserve by 3.7% in the 4th quarter. Inspire Advisors LLC now owns 4,667 shares of the industrial products company’s stock worth $324,000 after acquiring an additional 165 shares during the period. Institutional investors and hedge funds own 93.93% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Citigroup reissued a “buy” rating on shares of Flowserve in a research note on Thursday, April 30th. Stifel Nicolaus raised their price target on shares of Flowserve from $92.00 to $94.00 and gave the company a “buy” rating in a research note on Friday, July 31st. TD Cowen lowered shares of Flowserve from a “buy” rating to a “hold” rating and dropped their price target for the company from $85.00 to $70.00 in a research note on Wednesday, June 24th. Wall Street Zen cut Flowserve from a “buy” rating to a “hold” rating in a report on Saturday, April 25th. Finally, Royal Bank Of Canada boosted their price objective on Flowserve from $91.00 to $94.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. 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 MarketBeat.com, Flowserve has an average rating of “Moderate Buy” and an average price target of $86.60.

Flowserve Stock Performance

FLS stock opened at $78.14 on Friday. The company has a market capitalization of $9.93 billion, a P/E ratio of 27.42, a PEG ratio of 1.73 and a beta of 1.23. The company has a 50-day simple moving average of $75.10 and a 200 day simple moving average of $77.15. Flowserve Corporation has a fifty-two week low of $48.71 and a fifty-two week high of $92.41. The company has a quick ratio of 1.58, a current ratio of 2.15 and a debt-to-equity ratio of 0.91.

Flowserve (NYSE:FLS) last released its earnings results on Wednesday, July 29th. The industrial products company reported $0.95 EPS for the quarter, beating the consensus estimate of $0.86 by $0.09. Flowserve had a net margin of 8.01% and a return on equity of 21.42%. The firm had revenue of $1.17 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same quarter last year, the company earned $0.91 EPS. Flowserve’s quarterly revenue was down 1.6% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.050-4.200 EPS. Sell-side analysts predict that Flowserve Corporation will post 4.1 earnings per share for the current fiscal year.

Trending Headlines about Flowserve

Here are the key news stories impacting Flowserve this week:

• Positive Sentiment: Zacks Research increased its FY2026 EPS estimate for Flowserve to $4.08 from $4.03, FY2027 to $4.61 from $4.59 and FY2028 to $5.18 from $5.13. It also raised Q4 2026 EPS to $1.27 from $1.25, Q4 2027 to $1.45 from $1.37 and Q2 2028 to $1.16 from $1.15. The upgrades suggest improving expectations for Flowserve’s longer-term earnings growth.
• Positive Sentiment: Industry conditions appear supportive. Zacks said increased manufacturing activity, technological progress and strategic acquisitions are strengthening the general industrial manufacturing sector, naming FLS among stocks positioned to benefit. 4 Industrial Manufacturing Stocks to Gain on Robust Industry Trends
• Positive Sentiment: The broader Zacks industry outlook also highlighted Flowserve alongside Dover, Applied Industrial Technologies and Generac as companies that could benefit from favorable general industrial trends. Zacks Industry Outlook Dover, Applied Industrial, Generac and Flowserve
• Neutral Sentiment: Zacks lowered its Q3 2026 EPS forecast to $1.01 from $1.04, indicating some pressure or caution in the immediate earnings outlook. Its revised FY2026 estimate of $4.08 is also slightly below the $4.10 consensus forecast.
• Neutral Sentiment: A recent roundup of second-quarter results for gas- and liquid-handling companies included Flowserve, but the available report details do not indicate a new company-specific catalyst. Q2 earnings roundup: Flowserve and the gas and liquid handling segment

Flowserve 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.