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Lamar L. Duhon, President, FPD, of Flowserve CORP (NYSE:FLS), sold 1,609 shares of common stock on November 11, 2025, at a price of $69.51, for a total transaction value of $111,841.
Following the transaction, Duhon directly owns 15,116 shares of Flowserve. The sale was disclosed in a Form 4 filing with the Securities and Exchange Commission.
In other recent news, Flowserve Corporation reported its third-quarter 2025 earnings, surpassing analysts’ expectations with an adjusted earnings per share (EPS) of $0.90, compared to the forecasted $0.80. Revenue for the quarter met expectations at $1.21 billion. The company also reported bookings exceeding $1.2 billion, highlighting strong order growth. Stifel raised its price target on Flowserve to $84.00 from $66.00, maintaining a Buy rating, following the company’s revenue growth of 4% and earnings per share 12% above Stifel’s estimates. Additionally, TD Cowen increased its price target to $80.00 from $75.00, also maintaining a Buy rating, citing Flowserve’s strong third-quarter performance and improved execution in its Flow Control Division. These developments suggest potential order growth into the next year. The company has also announced progress on its 80-20/simplification initiatives.
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