Silvercrest Asset Management Group Reduces $4M in Flowserve Corporation ($FLS)

The firm cut its holdings by 53,877 shares, a 7.1% decrease.

Key Points

  • Silvercrest Asset Management reduced its holding in Flowserve by 53,877 shares, bringing its total to 704,981 shares valued at approximately $55 million.
  • Flowserve's stock is trading at $78.07 with a market cap of about $9.98 billion and a P/E ratio of 28.7.
  • Recent insider buying includes purchases by CEO Robert Scott Rowe, while analysts maintain a 'buy' consensus with a target mean price of $90.

Silvercrest Asset Management Group has trimmed its position in Flowserve Corporation (NYSE: FLS), according to its latest Form 13F filing with the SEC. The firm reduced its holdings by 53,877 shares, a 7.1% decrease, leaving it with 704,981 shares valued at approximately $55 million as of the reporting period.

What Changed in Silvercrest Asset Management's Flowserve Position

Silvercrest Asset Management cut its stake in Flowserve from 758,858 shares to 704,981 shares, a reduction of 53,877 shares or 7.1%. The value of the holdings is now reported at about $55 million. This move reflects a strategic adjustment in the firm's investment portfolio.

Other Institutional Activity in Flowserve

Several other institutional investors have also made changes to their positions in Flowserve. BlackRock, Inc. increased its holdings by 1,497,334 shares, ending with 13,172,931 shares worth approximately $968.3 million. Vanguard Portfolio Management LLC added 6,191,888 shares, bringing its total to the same amount with a value of $455.2 million. On the other hand, D1 Capital Partners L.P. reduced its position by 1,783,161 shares, now holding 5,874,441 shares valued at $431.8 million. UBS Group AG increased its holdings by 1,204,431 shares, now holding 4,795,339 shares worth $352.5 million.

Flowserve Stock Snapshot

Shares of Flowserve Corporation are trading around $78.07. The company has a market cap of approximately $9.98 billion and a P/E ratio of 28.7. Flowserve's stock has seen a 52-week low of $45.11 and a high of $92.41. The 50-day moving average is $75.77, while the 200-day moving average is $70.67. The company maintains a current ratio of 2.217 and a quick ratio of 1.531, with a debt-to-equity ratio of 82.9.

Recent Earnings

Flowserve reported revenue of $4.65 billion, reflecting a slight decline. The company has a net margin of 7.6% and a return on equity of 17.1%. Earnings per share stand at $2.72. The next earnings report is scheduled for July 28, 2026.

Dividend

Flowserve offers an annual dividend rate of $0.88, yielding 1.13%. The dividend payout ratio is 31.25%.

Insider Buying and Selling at Flowserve Corporation

Recent insider transactions at Flowserve include several purchases. On June 1, 2026, CEO Robert Scott Rowe bought 58 shares at an average price of $75.51. On the same day, Chief Legal Officer Susan Claire Hudson acquired 32 shares at the same price. Earlier, on May 18, 2026, Michael McMurray purchased 2,500 shares at $65.71. Brian Savoy bought 2,573 shares at $67.99 and 1,000 shares at $67.34 on May 14, 2026. Ruby Chandy also acquired 2,661 shares at $68.00 on the same day.

Analysts Set New Price Targets

Analysts remain optimistic about Flowserve. RBC Capital maintained a 'buy' rating with a $91 price target on May 1, 2026. Stifel also maintained a 'buy' rating with a $102 target on April 14, 2026. Citigroup kept its 'buy' rating with a $97 target on April 13, 2026. The consensus among analysts is a 'buy', with an average target price of $90.

About Flowserve Corporation

Flowserve Corporation, headquartered in Irving, Texas, designs and manufactures flow management equipment. It operates in the specialty industrial machinery sector, serving industries like oil and gas, power generation, and water management. The company offers products under brands such as Valtek and Durco, providing pumps, valves, and related services globally. Led by CEO Robert Scott Rowe, Flowserve employs approximately 16,000 people.

Bottom Line

Silvercrest Asset Management's reduction in its Flowserve stake is part of a broader strategy among institutional investors. While the 13F filing reflects past holdings, Flowserve's stock remains attractive to investors, as indicated by analyst ratings and insider buying. With its strong market position and recent insider confidence, Flowserve continues to be a company to watch.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.