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Flowserve Announces Planned Board Transition as Director Departs

Story Highlights
  • Director Kenneth I. Siegel will not seek re-election at Flowserve’s 2026 annual meeting.
  • Flowserve reports no disagreements behind Siegel’s departure, signaling an orderly transition.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Flowserve Announces Planned Board Transition as Director Departs

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The latest update is out from Flowserve ( (FLS) ).

On December 29, 2025, Flowserve Corporation announced that director Kenneth I. Siegel informed the board he will not stand for re-election at the company’s 2026 annual meeting of shareholders and will continue to serve as a director until that meeting. The company said Siegel’s decision was not due to any disagreement with management or the board, and the directors expressed their appreciation for his service and contributions, signaling an orderly and non-contentious board transition for stakeholders.

The most recent analyst rating on (FLS) stock is a Hold with a $80.00 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 Outperform.

Flowserve’s strong financial performance and strategic initiatives, such as the divestiture of asbestos liabilities, are significant positives. The company’s robust earnings call and positive technical indicators further support the stock’s outlook. However, valuation concerns and potential challenges in certain market segments slightly temper the overall score.

To see Spark’s full report on FLS stock, click here.

More about Flowserve

Average Trading Volume: 1,831,979

Technical Sentiment Signal: Buy

Current Market Cap: $9.03B

Learn more about FLS stock on TipRanks’ Stock Analysis page.

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