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Flowserve ( (FLS) ) has issued an announcement.
On March 26, 2026, Flowserve announced that Lamar Duhon has resigned as president of its Flowserve Pumps Division, effective April 10, 2026, to become CEO of a privately held company, and will be succeeded on April 11, 2026, by Matthew Klopfer, currently vice president of strategic business management for the division and former leader of its industrial pumps unit, where he drove margin expansion and improved on-time delivery. The company also disclosed that Chief Accounting Officer Scott Vopni plans to retire on June 30, 2026, and has launched a search for his successor, with Chief Financial Officer Amy Schwetz set to serve as interim chief accounting officer if a permanent replacement is not in place by his departure, signaling a managed leadership transition in key operational and financial roles.
The most recent analyst rating on (FLS) stock is a Hold with a $77.00 price target. To see the full list of analyst forecasts on Flowserve stock, see the FLS Stock Forecast page.
Spark’s Take on FLS Stock
According to Spark, TipRanks’ AI Analyst, FLS is a Neutral.
The score is driven primarily by improving financial performance (strong multi-year margin and profitability gains with better leverage) and constructive 2026 guidance with aftermarket strength and margin expansion. Offsetting this, the technical setup is weak with clear downside momentum (price below key moving averages; negative MACD), and valuation is only average with a 26x P/E and modest yield.
To see Spark’s full report on FLS stock, click here.
More about Flowserve
Flowserve Corporation is a manufacturer of industrial flow management equipment, including pumps and related systems, serving customers in sectors that rely on reliable, efficient fluid handling. The company’s Flowserve Pumps Division focuses on industrial pump solutions where operational performance, margin expansion and delivery reliability are key competitive factors.
Average Trading Volume: 1,524,774
Technical Sentiment Signal: Buy
Current Market Cap: $9.75B
Learn more about FLS stock on TipRanks’ Stock Analysis page.