Insider Selling: Fluor (NYSE:FLR) Insider Sells 3,387 Shares of Stock

Fluor Corporation (NYSE:FLR) insider Anthony Morgan sold 3,387 shares of the firm’s stock in a transaction on Monday, February 23rd. The stock was sold at an average price of $53.09, for a total value of $179,815.83. Following the completion of the sale, the insider directly owned 45,999 shares of the company’s stock, valued at $2,442,086.91. This represents a 6.86% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Fluor Stock Performance

Shares of FLR stock traded up $1.40 on Tuesday, hitting $53.03. 3,227,824 shares of the stock were exchanged, compared to its average volume of 2,955,789. The firm’s 50 day moving average is $44.73 and its two-hundred day moving average is $44.02. Fluor Corporation has a one year low of $29.20 and a one year high of $57.50. The firm has a market capitalization of $7.77 billion, a PE ratio of -67.99, a P/E/G ratio of 1.37 and a beta of 1.37. The company has a current ratio of 1.91, a quick ratio of 1.91 and a debt-to-equity ratio of 0.33.

Fluor (NYSE:FLR) last released its quarterly earnings data on Tuesday, February 17th. The construction company reported $0.33 EPS for the quarter, missing the consensus estimate of $0.34 by ($0.01). The business had revenue of $4.18 billion for the quarter, compared to analysts’ expectations of $4.27 billion. Fluor had a negative net margin of 0.34% and a positive return on equity of 7.96%. Fluor’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period last year, the company earned $0.48 earnings per share. Sell-side analysts expect that Fluor Corporation will post 2.5 earnings per share for the current fiscal year.

Fluor News Summary

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Zacks added FLR to its Rank #1 (Strong Buy) momentum list, giving the stock near-term buy-side visibility and momentum flows. Best Momentum Stocks to Buy for February 24th
• Positive Sentiment: Fluor monetized a large SMR position — selling ~71.0M SMR shares on Feb. 13 for roughly $1.35B — materially increasing cash on the balance sheet and lowering concentration in that holding, which can be used to fund operations, pay down liabilities or redeploy to higher-return projects. Fluor Dumps 71 Million SMR Shares for $1.35 Billion
• Neutral Sentiment: Brokerage coverage remains generally constructive — FLR carries an average “Moderate Buy” consensus and several firms have raised price targets (Citigroup, DA Davidson, Robert W. Baird), supporting medium‑term analyst backing but leaving mixed messages from a minority of downgrades. FLR analyst coverage and targets
• Neutral Sentiment: Market commentary and peripheral industry/region items (e.g., non‑Fluor project/region news) appeared but are unlikely to move FLR’s near‑term fundamentals. Stallion India Fluorochemicals secures land
• Negative Sentiment: Multiple insiders disclosed sales this week (Mark E. Fields, Kevin B. Hammonds, Tracey H. Cook, Pierre E. Bechelany). Concurrent insider selling can create near‑term selling pressure and raise investor questions about timing/intent. Mark E. Fields sale (SEC)
• Negative Sentiment: Recent quarterly results showed a slight EPS and revenue miss and a negative net margin, highlighting execution and margin pressures that may keep some investors cautious until guidance or margin improvement is confirmed. FLR earnings summary

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the company. UBS Group restated a “buy” rating and set a $57.00 target price on shares of Fluor in a research report on Thursday, February 19th. Wall Street Zen raised Fluor from a “sell” rating to a “hold” rating in a report on Saturday, January 31st. Zacks Research upgraded Fluor from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 19th. DA Davidson raised their price objective on shares of Fluor from $55.00 to $60.00 and gave the company a “buy” rating in a research report on Thursday, February 19th. Finally, Citigroup boosted their price objective on shares of Fluor from $57.00 to $61.00 and gave the company a “buy” rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $52.29.

Institutional Investors Weigh In On Fluor

Institutional investors have recently bought and sold shares of the stock. Farther Finance Advisors LLC raised its stake in shares of Fluor by 6.6% during the third quarter. Farther Finance Advisors LLC now owns 3,591 shares of the construction company’s stock valued at $151,000 after acquiring an additional 223 shares during the last quarter. Seelaus Asset Management LLC grew its holdings in shares of Fluor by 2.9% during the 4th quarter. Seelaus Asset Management LLC now owns 8,790 shares of the construction company’s stock worth $348,000 after acquiring an additional 245 shares during the period. Northwestern Mutual Wealth Management Co. raised its position in shares of Fluor by 7.0% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,782 shares of the construction company’s stock worth $194,000 after acquiring an additional 248 shares in the last quarter. Brighton Jones LLC boosted its position in shares of Fluor by 3.1% during the third quarter. Brighton Jones LLC now owns 9,060 shares of the construction company’s stock valued at $381,000 after purchasing an additional 273 shares in the last quarter. Finally, Clearstead Advisors LLC grew its stake in Fluor by 20.9% in the third quarter. Clearstead Advisors LLC now owns 1,594 shares of the construction company’s stock worth $67,000 after purchasing an additional 276 shares during the period. 88.07% of the stock is currently owned by hedge funds and other institutional investors.

About Fluor

Fluor Corporation (NYSE: FLR) is a global engineering and construction firm that provides integrated solutions across the energy, chemicals, mining, clean energy, infrastructure and government services markets. The company’s core offerings include engineering, procurement, fabrication, construction, maintenance and project management services, with capabilities spanning feasibility studies, detailed design and turnkey delivery. Fluor’s diversified portfolio encompasses conventional oil and gas facilities, liquefied natural gas (LNG) plants, petrochemical facilities, power generation projects, transportation infrastructure and federal government programs.

Founded in 1912 by John Simon Fluor as the Fluor Construction Company in Pomona, California, the firm has grown into an industry leader headquartered in Irving, Texas.