Flowserve CFO Schwetz sells $3.34 million in stock

Published 05/11/2025, 23:22
Flowserve CFO Schwetz sells $3.34 million in stock

Amy B. Schwetz, Chief Financial Officer of Flowserve CORP (NYSE:FLS), sold 47,000 shares of common stock on November 4, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The shares were sold at a weighted average price of $71.02, resulting in a total transaction value of $3.34 million.

The sales were executed in multiple transactions at prices ranging from $71.00 to $71.06. Following the transaction, Schwetz directly owns 52,628 shares of Flowserve CORP.

In other recent news, Flowserve Corporation reported impressive third-quarter 2025 earnings results, with an adjusted earnings per share (EPS) of $0.90, surpassing analysts’ expectations of $0.80. The company’s revenue reached $1.21 billion, aligning with projections. Flowserve’s strong performance has led to increased confidence among investors and analysts alike. Stifel has raised its price target for Flowserve to $84.00, up from $66.00, maintaining a Buy rating, following the company’s 4% revenue growth and EPS exceeding their estimates by 12%. Similarly, TD Cowen increased its price target to $80.00 from $75.00, also keeping a Buy rating, noting the company’s strong quarterly performance and order growth potential. Flowserve reported bookings exceeding $1.2 billion and highlighted progress on its 80-20/simplification initiatives. The company has shown improved execution, particularly in its Flow Control Division. These developments reflect a positive outlook for Flowserve as it continues to demonstrate robust financial health and operational efficiency.

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