Silvercrest Asset Management Group 13F: Cuts FLS Stake by $4.2M

Silvercrest Asset Management Cuts Flowserve Holding

Silvercrest Asset Management Group trimmed its investment in Flowserve Corporation FLS on the New York Stock Exchange, selling 53,877 shares during the period. That move marks a 7.1% decrease for the firm, bringing its ending share count to 704,981 shares. Based on filings with the Securities and Exchange Commission, the remaining stake carried a value of roughly $55.0 million at the close of the reporting window. Because 13F filings look backward at historical positions, this snapshot may not reflect the investor's current portfolio today.

Flowserve Stock Context

Flowserve shares recently changed hands at $78.07, hovering near the middle of their 52-week trading span that ranges from a low of $48.71 up to a high of $92.41. The industrial machinery company carries a forward P/E ratio of 16.1. Institutional position adjustments like the one from Silvercrest arrive as market participants continuously evaluate the company's valuation against broader sector trends.

Recent Insider Activity at Flowserve

Inside the company, Chief Human Resources Officer Brian Boukalik executed transactions on June 16, 2026. The executive disposed of 171 shares at a price of $78.07 for a total of $13,349.97, and separately acquired 701 shares. Insider sales can happen for many personal financial reasons and do not automatically point to a negative outlook from company leadership.

Analysts Set New Price Targets

Wall Street firms have kept a close eye on Flowserve through recent rating adjustments and price target updates. On October 15, 2026, Mizuho maintained an outperform rating while adjusting its price target to $85.00 from $91.00. Earlier on October 14, 2026, RBC Capital kept an outperform rating with an $88.00 target, following an earlier target of $94.00 set on July 31, 2026. Stifel also maintained a buy rating with a $94.00 target on July 31, 2026. Meanwhile, TD Cowen moved the stock to a hold rating with a $70.00 target on June 24, 2026. Overall, the company holds a consensus recommendation of buy with a mean price target of $89.10 across 10 analyst opinions.

Inside Flowserve Corporation

Headquartered in Irving, Texas, Flowserve designs, builds, and services custom pumps, valves, mechanical seals, and automated flow control systems for customers in oil and gas, power generation, chemical processing, and water management. The firm employs roughly 16,000 workers worldwide and traces its roots back to 1790.

What's Ahead for FLS

Investors tracking Silvercrest Asset Management will need to watch future quarterly 13F reports to see if the firm continues to trim its industrial holdings or stabilizes its position. Flowserve's next earnings report is scheduled for October 27, 2026, which will provide fresh operational data. These summaries are for informational purposes only and do not constitute financial advice.