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Flowserve Completes Divestiture of Asbestos Liabilities

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Flowserve Completes Divestiture of Asbestos Liabilities

TipRanks Cyber Monday Sale

An announcement from Flowserve ( (FLS) ) is now available.

On December 11, 2025, Flowserve Corporation completed the divestiture of its legacy asbestos liabilities by selling its subsidiary BW/IP – New Mexico, Inc. to Ajax HoldCo LLC, an affiliate of Acorn Investment Partners. This transaction, which involved a total capitalization of approximately $219 million, allows Flowserve to remove these liabilities from its balance sheet and indemnifies the company from future financial exposure related to these liabilities. As a result, Flowserve expects a one-time loss of approximately $140 million in the fourth quarter of 2025, which will be excluded from adjusted earnings per share.

The most recent analyst rating on (FLS) stock is a Buy with a $85.00 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 divestment of asbestos liabilities, are significant positives. The company’s technical indicators show bullish momentum, though caution is advised due to potential overbought conditions. Valuation metrics are reasonable but not particularly attractive. Overall, the stock presents a solid investment opportunity with some areas to monitor.

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

More about Flowserve

Flowserve Corporation is a leading provider of fluid motion and control products and services, operating in more than 50 countries. The company produces engineered and industrial pumps, seals, and valves, as well as a range of related flow management services, primarily serving the global infrastructure markets.

Average Trading Volume: 2,061,840

Technical Sentiment Signal: Buy

Current Market Cap: $9.21B

See more data about FLS stock on TipRanks’ Stock Analysis page.

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