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Flowserve Slides as Analyst Downgrade Revives Guidance Concerns

Flowserve Corporation (FLS) is down 8.5% today. Here is some analysis on what might have caused this price movement. ([za.investing.com](https://za.investing.com/news/stock-market-news/flowserve-stock-falls-after-td-cowen-downgrade-to-hold-93CH-4341962))

Analysis: The sharp drop appears most closely tied to TD Cowen downgrading Flowserve to Hold from Buy and cutting its price target to $70 from $85, with the firm warning that the company may need to lower its outlook heading into upcoming results. That caution likely hit a stock that had recently rallied on power, nuclear, and infrastructure optimism, especially since Flowserve’s latest quarter already showed softer sales and bookings even though management reaffirmed its 2026 EPS outlook. ([za.investing.com](https://za.investing.com/news/stock-market-news/flowserve-stock-falls-after-td-cowen-downgrade-to-hold-93CH-4341962))

Details:

  • TD Cowen lowered its rating on June 24, 2026 and said the near-term setup into results looks difficult, with expectations that guidance may need to be reset. ([za.investing.com](https://za.investing.com/news/stock-market-news/flowserve-stock-falls-after-td-cowen-downgrade-to-hold-93CH-4341962))
  • Flowserve’s first-quarter 2026 sales fell 6.7% year over year to about $1.07 billion, while total bookings declined 6.4% and organic sales were down 10.5%. ([stocktitan.net](https://www.stocktitan.net/sec-filings/FLS/8-k-flowserve-corp-reports-material-event-b6dcfe8ca984.html))
  • The company also disclosed a headwind tied to the ongoing Middle East conflict in its first-quarter results, alongside pressure on customer activity and execution in a volatile environment. ([stocktitan.net](https://www.stocktitan.net/sec-filings/FLS/8-k-flowserve-corp-reports-material-event-b6dcfe8ca984.html))
  • Even so, Flowserve reaffirmed on May 28 that it still expects 2026 adjusted operating margin expansion and double-digit adjusted EPS growth, which suggests today’s move reflects investor concern that those targets could become harder to defend. ([stocktitan.net](https://www.stocktitan.net/sec-filings/FLS/8-k-flowserve-corp-reports-material-event-5d3b427bc463.html))

    • Sources:

    Flowserve, Investing.com, StockTitan

    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 Insider Trades

    $FLS insiders have traded $FLS stock on the open market 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.

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

    • MICHAEL C. MCMURRAY has made 1 purchase buying 2,500 shares for an estimated $164,274 and 1 sale selling 7,663 shares for an estimated $689,363.
    • KENNETH I SIEGEL sold 3,229 shares for an estimated $288,995

    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 336 institutional investors add shares of $FLS stock to their portfolio, and 288 decrease their positions in their most recent quarter.

    Here are some of the largest recent moves:

    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.

    $FLS Government Contracts

    We have seen $2,055,363 of award payments to $FLS over the last year.

    Here are some of the awards which we have have seen pay out the most over the last year:

    To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard. You can access data on government contracts through the Quiver Quantitative API government contracts endpoint.

    $FLS Analyst Ratings

    Wall Street analysts have issued reports on $FLS in the last several months. We have seen 1 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

    Here are some recent analyst ratings:

    • Citigroup issued a "Buy" rating on 01/12/2026

    To track analyst ratings and price targets for $FLS, check out Quiver Quantitative's $FLS forecast page.

    $FLS Price Targets

    Multiple analysts have issued price targets for $FLS recently. We have seen 6 analysts offer price targets for $FLS in the last 6 months, with a median target of $91.0.

    Here are some recent targets:

    • Joseph Giordano from TD Cowen set a target price of $70.0 on 06/24/2026
    • Deane Dray from RBC Capital set a target price of $91.0 on 05/01/2026
    • Nathan Jones from Stifel set a target price of $102.0 on 04/14/2026
    • Andrew Kaplowitz from Citigroup set a target price of $97.0 on 04/13/2026
    • Stephen Volkmann from Jefferies set a target price of $90.0 on 03/31/2026
    • Brett Linzey from Mizuho set a target price of $91.0 on 02/09/2026

    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.

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