D1 Capital Partners L.P. 13F: Cuts Flowserve (FLS) Stake by $139M

D1 Capital Partners Trims Flowserve Stake

D1 Capital Partners reduced its investment in Flowserve Corporation FLS on the NYSE during the period, according to a recent Form 13F filing with the SEC. The fund cut its position by 23.3%, parting ways with 1,783,161 shares. That left the firm with 5,874,441 shares at the close of the reporting window. The remaining block of stock carried an estimated value of $458.6 million.

Flowserve Stock Action and Trading Range

Shares of Flowserve change hands around $78.07. The industrial equipment maker has seen varied Wall Street attention, trading near its 50-day moving average of $75.61 and its 200-day moving average of $76.25. The stock has moved between a 52-week low of $48.71 and a 52-week high of $92.41.

Recent Insider Transactions at Flowserve

Company insiders have been active in the market recently. On June 16, 2026, Chief Human Resources Officer Brian Boukalik sold 171 shares at a price of $78.07, totaling $13,349.97. On that same day, Boukalik also acquired 701 shares in a separate transaction. These filings show internal positioning alongside institutional portfolio shifts.

Analysts Set New Price Targets

Analyst firms have adjusted their views on the maker of pumps and valves throughout the year. On June 24, 2026, TD Cowen lowered its rating to Hold and set a $70 price target. Later, on July 31, 2026, Stifel kept a Buy rating with a $94 target, while RBC Capital maintained an Outperform rating with a $94 target. By October, RBC Capital adjusted its target to $88 on October 14, and Mizuho maintained an Outperform rating with an $85 target on October 15, 2026. Across the broader community, the stock holds a consensus Buy rating with a mean target of $89.10.

Inside Flowserve Operations

Flowserve designs and services industrial flow control systems, including pumps, seals, and valves used in oil and gas, power generation, chemical, and water management sectors. Founded in 1790 and based in Irving, Texas, the company employs roughly 16,000 workers globally to build equipment for demanding industrial environments.

What to Watch at FLS

Investors tracking D1 Capital Partners and Flowserve will look toward the company's next earnings report scheduled for October 27, 2026, for updated financial metrics. Institutional holdings can shift between reporting periods, and future 13F filings will reveal how the fund manages its remaining exposure.