Flowserve (NYSE:FLS) Director Brian Savoy Buys 1,000 Shares

May 16, 2026 by InsiderTrades.com

Key Points

Director Brian Savoy bought 1,000 shares of Flowserve on May 14 at an average price of $67.34 per share, a purchase valued at $67,340. The filing increased his direct ownership to 1,000 shares.
Flowserve reported mixed quarterly results: adjusted EPS of $0.85 beat estimates, but revenue of $1.07 billion fell short of expectations and was down 6.7% year over year. The company also guided FY2026 EPS to $4.00–$4.20.
The stock traded lower and remains closely watched by analysts, opening at $65.06 and down 4.3% for the day. Analysts currently rate it a Moderate Buy overall with an average price target of $87.70.

Flowserve Corporation (NYSE:FLS - Get Free Report) Director Brian Savoy bought 1,000 shares of the firm's stock in a transaction that occurred on Thursday, May 14th. The shares were purchased at an average cost of $67.34 per share, with a total value of $67,340.00. Following the purchase, the director directly owned 1,000 shares of the company's stock, valued at approximately $67,340. This represents a ∞ increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Flowserve Trading Down 4.3%

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Shares of FLS stock opened at $65.06 on Friday. The stock has a 50-day simple moving average of $76.65 and a 200 day simple moving average of $75.52. Flowserve Corporation has a fifty-two week low of $45.11 and a fifty-two week high of $92.41. The stock has a market capitalization of $8.32 billion, a P/E ratio of 24.10, a P/E/G ratio of 1.53 and a beta of 1.24. The company has a quick ratio of 1.63, a current ratio of 2.22 and a debt-to-equity ratio of 0.73.

Flowserve (NYSE:FLS - Get Free Report) last announced its earnings results on Wednesday, April 29th. The industrial products company reported $0.85 earnings per share for the quarter, beating the consensus estimate of $0.82 by $0.03. Flowserve had a return on equity of 21.46% and a net margin of 7.61%.The business had revenue of $1.07 billion during the quarter, compared to analysts' expectations of $1.17 billion. During the same quarter last year, the business posted $0.72 earnings per share. The company's quarterly revenue was down 6.7% on a year-over-year basis. Flowserve has set its FY 2026 guidance at 4.000-4.200 EPS. On average, sell-side analysts expect that Flowserve Corporation will post 4.05 earnings per share for the current fiscal year.

Flowserve Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Friday, June 26th will be given a $0.22 dividend. The ex-dividend date is Friday, June 26th. This represents a $0.88 dividend on an annualized basis and a dividend yield of 1.4%. Flowserve's dividend payout ratio (DPR) is 32.59%.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in FLS. Massachusetts Financial Services Co. MA raised its stake in shares of Flowserve by 104.4% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 4,333,481 shares of the industrial products company's stock valued at $230,281,000 after acquiring an additional 2,213,406 shares in the last quarter. JPMorgan Chase & Co. raised its stake in shares of Flowserve by 625.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 2,314,195 shares of the industrial products company's stock valued at $122,978,000 after acquiring an additional 1,995,221 shares in the last quarter. Norges Bank bought a new position in shares of Flowserve in the 4th quarter valued at approximately $117,964,000. UBS Group AG raised its stake in shares of Flowserve by 67.8% in the 3rd quarter. UBS Group AG now owns 4,146,917 shares of the industrial products company's stock valued at $220,367,000 after acquiring an additional 1,676,284 shares in the last quarter. Finally, Merewether Investment Management LP bought a new position in shares of Flowserve in the 2nd quarter valued at approximately $46,555,000. 93.93% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on FLS shares. TD Cowen reiterated a "buy" rating on shares of Flowserve in a research report on Friday, May 1st. Jefferies Financial Group reiterated a "buy" rating and issued a $90.00 price target (down from $100.00) on shares of Flowserve in a research report on Tuesday, March 31st. The Goldman Sachs Group reiterated a "neutral" rating and issued a $83.00 price target on shares of Flowserve in a research report on Thursday, April 30th. Citigroup restated a "buy" rating on shares of Flowserve in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $98.00 price objective on Flowserve in a research report on Monday, February 9th. Eight analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Flowserve presently has a consensus rating of "Moderate Buy" and an average target price of $87.70.

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About Flowserve

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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.