Auto-Owners Insurance 13F: Exits Flowserve (FLS) Stake

Auto-Owners Insurance has completely sold its stake in Flowserve Corporation (NYSE: FLS), exiting its position of 2,790 shares as reported in a filing on October 15, 2026. The value of this position was approximately $197,000 based on the number of shares sold. This move indicates a full exit from Flowserve for the investor.

What Changed in Auto-Owners Insurance's Flowserve Position

In its latest filing, Auto-Owners Insurance cut its holdings in Flowserve from 2,790 shares to zero, marking a 100% decrease. This signals that the firm has sold out of this position entirely.

Other Institutional Activity in Flowserve

Several other institutional investors are active in Flowserve. Blackrock Inc. increased its stake by 306,918 shares, bringing its total to about 13.5 million shares worth around $950.6 million. Vanguard Portfolio Management LLC added 38,389 shares, totaling around 6.2 million shares valued at about $439.3 million. UBS Group AG saw its holdings rise by 854,501 shares, ending with approximately 5.6 million shares valued at around $398.4 million. Meanwhile, D1 Capital Partners reduced its stake by 905,859 shares, now holding about 4.9 million shares worth about $350.4 million.

Flowserve Corporation Stock Down 0.1%

Flowserve shares recently traded around $70.73 as of October 16, 2026. This is about 23.5% below its 52-week high of $92.41. The stock is currently trading below both its 50-day and 200-day moving averages, which sit at $76.03 and $76.40, respectively.

Recent Earnings

Flowserve reported trailing twelve-month revenue of approximately $4.63 billion and earnings per share of $2.87. The next earnings report is anticipated on October 28, 2026.

Insider Buying and Selling at Flowserve Corporation

Recent insider activity includes purchases by Brian D. Savoy, a Director, who bought 1,000 shares at $67.34 each on May 14, 2026, totaling about $67,340. Another Director, Michael C Mcmurray, purchased 2,500 shares at $65.71 each on May 18, amounting to around $164,275. Additionally, Brian Boukalik, the Chief Human Resources Officer, sold 171 shares at $78.07 on June 16.

Analysts Set New Price Targets

On October 15, 2026, analysts at Mizuho maintained their rating of Outperform for Flowserve with a price target of $85. Earlier, RBC Capital also maintained an Outperform rating but adjusted its target to $88. The consensus among analysts suggests a Buy recommendation with an average price target of $87.80.

About Flowserve Corporation

Flowserve Corporation designs and manufactures industrial flow management equipment. With a significant presence across the U.S., Canada, Europe, and Asia, the company operates two main segments: Flowserve Pumps Division and Flow Control Division. This position change by Auto-Owners Insurance reflects the ongoing dynamics in Flowserve’s stock performance and analyst expectations.

Bottom Line

Investors should monitor Flowserve's upcoming earnings on October 28, 2026, for further insight into its performance. Keep in mind that the recent filing shows holdings as of the end of the reporting quarter and may not reflect Auto-Owners Insurance's current investment status. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.