Key Points
- On Feb. 23, insider Michael Alexander sold 3,387 shares at an average price of $53.07 for a total of $179,748, cutting his stake by 4.7% to 68,664 shares (~$3.64M).
- This trade is part of a cluster of mid‑February insider sales by multiple executives at roughly $52–$53, a pattern that may amplify short‑term negative sentiment.
- Separately, Fluor sold about 71 million SMR shares on Feb. 13 for roughly $1.35 billion, materially boosting cash and giving the company greater flexibility to reduce debt or redeploy capital.
Fluor Corporation (NYSE:FLR - Get Free Report) insider Michael Alexander sold 3,387 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $53.07, for a total transaction of $179,748.09. Following the sale, the insider directly owned 68,664 shares in the company, valued at $3,643,998.48. This trade represents a 4.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Fluor Stock Performance
FLR stock opened at $53.03 on Wednesday. The company has a 50 day moving average price of $44.93 and a 200 day moving average price of $44.10. Fluor Corporation has a fifty-two week low of $29.20 and a fifty-two week high of $57.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.91 and a quick ratio of 1.91. The stock has a market capitalization of $7.77 billion, a PE ratio of -67.99, a price-to-earnings-growth ratio of 1.31 and a beta of 1.37.
Fluor (NYSE:FLR - Get Free Report) last released its earnings results on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). Fluor had a negative net margin of 0.34% and a positive return on equity of 7.96%. The firm had revenue of $4.18 billion during the quarter, compared to analyst estimates of $4.27 billion. During the same period last year, the business posted $0.48 earnings per share. The firm's quarterly revenue was down 2.0% on a year-over-year basis. Analysts forecast that Fluor Corporation will post 2.5 EPS for the current year.
Hedge Funds Weigh In On Fluor
Several institutional investors and hedge funds have recently made changes to their positions in the company. DLD Asset Management LP bought a new stake in shares of Fluor in the 2nd quarter valued at $1,025,400,000. Starboard Value LP bought a new stake in shares of Fluor in the fourth quarter worth about $205,732,000. Rubric Capital Management LP acquired a new stake in shares of Fluor during the second quarter worth about $205,080,000. AQR Capital Management LLC lifted its holdings in shares of Fluor by 163.1% during the 4th quarter. AQR Capital Management LLC now owns 5,167,676 shares of the construction company's stock valued at $204,795,000 after purchasing an additional 3,203,712 shares in the last quarter. Finally, Sourcerock Group LLC acquired a new position in shares of Fluor in the 2nd quarter valued at approximately $85,327,000. Institutional investors and hedge funds own 88.07% of the company's stock.
Fluor News Roundup
Here are the key news stories impacting Fluor this week:
- Positive Sentiment: Large SMR stake monetization: Fluor sold ~71.0M SMR shares on Feb. 13 for about $1.35B, materially boosting cash and reducing concentration in that investment — this improves flexibility to fund operations, pay down debt or redeploy capital. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
- Positive Sentiment: Analyst upgrades and bullish research: Zacks moved FLR to its Rank #1 (Strong Buy) and several broker reports raised price targets (Citigroup, DA Davidson), providing near-term buy-side support. New Strong Buy Stocks for February 24th
- Neutral Sentiment: Institutional positioning: several funds have added or initiated positions in recent quarters; 88% of shares remain institutionally held — supportive for liquidity but not an immediate catalyst. FLR analyst & institutional summary
- Negative Sentiment: Cluster of insider sales this week — multiple executives (including Mark Fields, Kevin Hammonds, Tracey Cook, Pierre Bechelany, Anthony Morgan, Michael Alexander) sold shares in mid‑Feb at ~$52–53 — concentrated insider selling can amplify short-term negative sentiment. Example filing: Mark E. Fields sale. Mark E. Fields sale (SEC)
- Negative Sentiment: Recent quarterly results missed slightly: Q4 EPS and revenue were a touch below consensus and net margin was negative — leaves investors focused on execution and margin recovery. FLR earnings summary
Wall Street Analysts Forecast Growth
Several brokerages have recently issued reports on FLR. Zacks Research raised shares of Fluor from a "hold" rating to a "strong-buy" rating in a research note on Thursday, February 19th. Weiss Ratings cut shares of Fluor from a "hold (c)" rating to a "sell (d+)" rating in a research note on Tuesday, February 17th. DA Davidson upped their target price on shares of Fluor from $55.00 to $60.00 and gave the company a "buy" rating in a research report on Thursday, February 19th. Robert W. Baird raised their price target on Fluor from $45.00 to $48.00 and gave the stock a "neutral" rating in a research report on Wednesday, February 18th. Finally, UBS Group reiterated a "buy" rating and issued a $57.00 price objective on shares of Fluor in a report on Thursday, February 19th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Fluor currently has an average rating of "Moderate Buy" and a consensus target price of $52.29.
Check Out Our Latest Research Report on FLR
Fluor Company Profile
(
Get Free Report)
Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company's core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor's diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.
Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.
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