FLS Flowserve Corporation

Flowserve Corporation announced that director Kenneth I. Siegel will not seek re-election at the company's 2026 annual meeting of shareholders, though he will continue his service until then. His decision is not due to any disagreement with management or the board, who expressed appreciation for his contributions. Flowserve, a manufacturer of pumps and related equipment, recently acquired Greenray Turbine Solutions, declared a quarterly dividend, and divested its subsidiary BW/IP - New Mexico, Inc. to eliminate asbestos liabilities.

Flowserve Corp announced that Kenneth I. Siegel will not seek re-election to the company's Board of Directors at the 2026 annual meeting of shareholders. Mr. Siegel will continue to serve as a director until the meeting. His decision was not influenced by any disagreements with management or the Board.

Paradice Investment Management LLC has acquired a new stake in Flowserve Corporation (NYSE:FLS) during the third quarter, purchasing 338,154 shares valued at approximately $17.97 million. This investment represents about 4.0% of Paradice's holdings, making Flowserve its 12th largest position and accounting for 0.26% of the company's total ownership. Other institutional investors have also adjusted their stakes, with a total of 93.93% of the stock held by institutions.

World Investment Advisors recently acquired a new stake of 26,076 shares in Flowserve Corporation (NYSE:FLS) valued at approximately $1.39 million during the third quarter. Flowserve exceeded Q3 EPS estimates and provided FY2025 guidance, while analysts have set a consensus target price of $77.20. Despite significant institutional ownership, insiders sold shares worth about $4.2 million in the last quarter, including a major sale by the CFO.

Brian Low Financial Group LLC recently acquired 18,942 shares of Flowserve Corporation (NYSE:FLS) valued at approximately $1.01 million, as institutional ownership of the company stands at 93.93%. Despite this acquisition, company insiders, including CFO Amy Schwetz, sold a significant number of shares, reducing their total ownership to 0.76%. Flowserve reported strong Q3 earnings, beating EPS estimates, and analysts maintain a "Moderate Buy" consensus with an average price target of $77.20.

Exchange Traded Concepts LLC significantly increased its stake in Flowserve Corporation, now owning 107,711 shares valued at $5.72 million. This comes as Flowserve reported Q3 earnings that beat EPS estimates but slightly missed revenue, and issued FY2025 EPS guidance. Meanwhile, company insiders have been selling shares, yet analysts maintain a "Moderate Buy" rating for the stock.