Amendment: SEC Form SC 13G/A filed by Flowserve Corporation

$FLS
Fluid Controls
Industrials
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Recent Analyst Ratings for
$FLS

DatePrice TargetRatingAnalyst
3/17/2025$71.00Neutral → Outperform
Robert W. Baird
12/12/2024$55.00 → $69.00Sell → Neutral
Goldman
11/22/2024$57.00 → $69.00Sector Perform → Outperform
RBC Capital Mkts
10/18/2024$65.00Buy
Jefferies
9/26/2023$40.00 → $50.00Hold → Buy
Jefferies
1/30/2023$33.00 → $40.00Neutral → Buy
BofA Securities
9/15/2022$38.00 → $31.00Outperform → Neutral
Credit Suisse
7/11/2022$31.00Underperform → Neutral
BofA Securities
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$FLS
Press Releases

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  • Flowserve Launches World's First Sealless Pump with True Secondary Containment, Setting New Standard for Safety

    The INNOMAG® TB-MAG™ Dual Drive™ Pump is the world's only magnetic drive pump that is double hermetically sealed and features a secondary independent containment system to reduce impact from failures. Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, has launched the INNOMAG TB-MAG Dual Drive Pump, the world's first sealless pump to eliminate leaks, setting a new standard for safety and environmental protection. "Safety is one of our core values, and it was imperative for us to develop a pump solution that reduces the inherent dangers of working with hazardous chemicals and materials for our customers," said L

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  • Nine Energy Service Announces Changes to the Size and Composition of its Board of Directors

    Nine Energy Service, Inc. ("Nine" or the "Company") (NYSE:NINE) today announced changes to the size and composition of its Board of Directors ("Board"). Following careful consideration, the Board has unanimously agreed that a reduction in the size of the Board from eight to six members by the end of the year and a change in its composition will be beneficial to the Company and its strategic priorities moving forward. Consistent with such strategy, Mr. Ernie Danner, Mr. Andy Waite and Mr. Curtis Harrell resigned as directors effective February 28, 2025. Ms. Julie Peffer and Mr. Richard Burnett were unanimously appointed as directors on February 28, 2025, with Ms. Peffer's service to begin on

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  • Gabelli Funds to Host Pump, Valve & Water Systems Symposium at the Harvard Club, New York City

    GREENWICH, Conn., Feb. 24, 2025 (GLOBE NEWSWIRE) -- Gabelli Funds is hosting its 35th annual Pump, Valve & Water Systems Symposium at the Harvard Club in New York City on Thursday, February 27, 2025. The symposium focuses on themes crucial to this industry, including infrastructure spending, resource security, conservation, and mergers and acquisitions (M&A). Attendees will have the opportunity to engage in one-on-one sessions with management, providing an opportunity to delve into the strategies and growth prospects of these companies. This symposium underscores the pivotal role of the pump, valve, and water systems industry in addressing global challenges. It highlights the sector's

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$FLS
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SEC Filings

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Leadership Updates

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  • Flowserve Holds 2024 Annual Meeting of Shareholders

    Flowserve Corp. (NYSE:FLS) (the "Company"), a leading provider of flow control products and services for the global infrastructure markets, held its virtual 2024 Annual Meeting of Shareholders on May 16, 2024. Concerning the official business of the meeting, the Company announced that its shareholders elected Sujeet Chand, Ruby R. Chandy, Gayla J. Delly, John L. Garrison, Cheryl H. Johnson, Michael C. McMurray, Thomas B. Okray, David E. Roberts, R. Scott Rowe, Kenneth I. Siegel, and Carlyn R. Taylor to the Company's Board of Directors, each to serve an annual term expiring at the 2025 Annual Meeting of Shareholders. Biographies for all members of the Board can be found in the Company's

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  • THOMAS B. OKRAY NAMED CHIEF FINANCIAL OFFICER OF NIKOLA CORPORATION

    Experienced CFO primed to take on new opportunities with zero-emissions trucking and hydrogen infrastructure solutions PHOENIX, March 4, 2024 /PRNewswire/ -- Nikola Corporation (Nasdaq: NKLA), a global leader in zero-emissions transportation and energy supply and infrastructure solutions, via the HYLA brand, today announced the appointment of an accomplished and highly regarded financial executive, Thomas "Tom" B. Okray, who has joined the company's executive team as Chief Financial Officer (CFO). "We are proud to welcome Tom as our CFO. Attracting someone of his caliber is a

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  • Monro, Inc. Appoints Auto Industry Veteran Thomas B. Okray to Board of Directors

    Monro, Inc. (NASDAQ:MNRO), a leading provider of automotive undercar repair and tire services, today announced that Thomas B. Okray has been appointed to the Company's Board of Directors, effective immediately. Mr. Okray will serve on the Executive Committee. Mr. Okray is a seasoned executive with significant financial and operational expertise in the auto industry and broader industrials segment, including a 26-year tenure at General Motors and subsequent senior finance roles at Amazon.com, Inc., Advance Auto Parts, Inc. and W.W. Grainger, Inc. He most recently served as Chief Financial Officer of Eaton Corporation, a global intelligent power management company. Robert E. Mellor, Chair

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$FLS
Financials

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  • Flowserve Corporation Reports Fourth Quarter and Full-Year Results

    3D Strategy and Flowserve Business System Deliver Sales and Earnings Growth Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, reported its financial results for the fourth quarter and full year ended December 31, 2024. Highlights (unaudited): Fourth quarter bookings of $1.2 billion, including $618 million of aftermarket activity Power bookings increased more than 40% year-over-year, with over $110 million in nuclear awards during the fourth quarter Gross margin and adjusted1 gross margin2 of 31.5% and 32.8%, respectively, increased 240 and 300 basis points versus the prior year period Operating income

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  • Flowserve Schedules Fourth Quarter 2024 Earnings Release and Conference Call

    Flowserve Corporation (NYSE:FLS) ("Flowserve" or the "Company"), a leading provider of flow control products and services for the global infrastructure markets, will issue its fourth quarter 2024 earnings release after the close of the New York Stock Exchange (NYSE) on Tuesday, February 18. Flowserve will host a conference call to discuss fourth quarter results the following morning, on Wednesday, February 19, at 10:00 a.m. Eastern Time. The earnings materials and webcast of the conference call can be accessed by shareholders and other interested parties on Flowserve's Investors page. About Flowserve Flowserve Corporation is one of the world's leading providers of fluid motion and c

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  • Flowserve Announces Quarterly Cash Dividend of $0.21 Per Share

    Flowserve Corporation (NYSE:FLS), a leading provider of flow control products and services for the global infrastructure markets, announced that its Board of Directors has authorized a quarterly cash dividend of $0.21 per share on the company's outstanding shares of common stock. The dividend is payable January 10, 2025, to shareholders of record as of the close of business on December 27, 2024. While Flowserve currently intends to pay regular quarterly cash dividends for the foreseeable future, any future dividends, at this $0.21 per share rate or otherwise, will be reviewed individually and declared by the Board of Directors at its discretion. About Flowserve: Flowserve Corporation

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    Fluid Controls
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$FLS
Large Ownership Changes

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