Pacer Advisors Inc. Decreases Holdings in Fluor Corporation $FLR

Pacer Advisors Inc. reduced its position in Fluor Corporation (NYSE:FLR) by 14.8% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 56,369 shares of the construction company’s stock after selling 9,804 shares during the period. Pacer Advisors Inc.’s holdings in Fluor were worth $2,630,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of FLR. Global Retirement Partners LLC grew its stake in shares of Fluor by 91.7% during the 4th quarter. Global Retirement Partners LLC now owns 650 shares of the construction company’s stock valued at $26,000 after purchasing an additional 311 shares during the period. Assetmark Inc. boosted its holdings in shares of Fluor by 249.0% in the fourth quarter. Assetmark Inc. now owns 677 shares of the construction company’s stock worth $27,000 after buying an additional 483 shares during the last quarter. Los Angeles Capital Management LLC bought a new stake in Fluor during the fourth quarter valued at approximately $27,000. Larson Financial Group LLC grew its position in Fluor by 6,116.7% during the third quarter. Larson Financial Group LLC now owns 746 shares of the construction company’s stock valued at $31,000 after buying an additional 734 shares during the period. Finally, Banque Cantonale Vaudoise purchased a new stake in Fluor during the fourth quarter valued at approximately $35,000. Institutional investors own 88.07% of the company’s stock.

Fluor News Summary

Here are the key news stories impacting Fluor this week:

• Positive Sentiment: Aramco agreement expands future project pipeline: Fluor was selected as a program management consultancy contractor under a long-term agreement supporting Saudi Aramco’s global capital projects. The potential work spans upstream, downstream, petrochemical, and infrastructure projects, including engineering, procurement oversight, construction management, and program execution. Investors viewed the agreement as an endorsement of Fluor’s international capabilities and potential for future awards. Fluor shares surge as Aramco agreement appears to drive buying
• Positive Sentiment: Quarterly earnings and revenue beat expectations: Fluor reported second-quarter earnings of $0.91 per share, exceeding consensus estimates of approximately $0.70–$0.73, while revenue rose 8.8% year over year to $4.33 billion versus expectations near $3.92 billion. EPS more than doubled from $0.43 in the prior-year quarter, reinforcing optimism about execution and profitability. Fluor Reports Second Quarter 2026 Results
• Positive Sentiment: Backlog and capital returns support the outlook: Reports highlighted Fluor’s approximately $26.9 billion backlog and $300 million in planned share repurchases. Management also pointed to new opportunities tied to data-center construction, adding to the company’s exposure to growing infrastructure demand. Data Center Boom Fuels New Growth Opportunities For Fluor, CEO Says
• Neutral Sentiment: Analyst targets are mixed: Recent targets range from $49 to $64, with a reported median of $58. The range indicates continued upside potential according to some analysts, but also suggests valuation and execution concerns remain after the latest rally.
• Negative Sentiment: Insider selling and bearish valuation concerns remain: Reported insider activity over the past six months showed sales without purchases, while one analysis maintained a bearish view despite the solid quarter. These factors could temper enthusiasm if the stock’s higher valuation is not matched by sustained earnings growth. Fluor: Why My Bearish Stance Is Correct Despite A Solid Q2 2026

Analyst Upgrades and Downgrades

FLR has been the topic of several analyst reports. Citigroup dropped their price target on shares of Fluor from $61.00 to $56.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Robert W. Baird raised their target price on Fluor from $48.00 to $49.00 and gave the stock a “neutral” rating in a report on Monday, May 11th. Truist Financial lifted their target price on Fluor from $57.00 to $64.00 and gave the company a “buy” rating in a research report on Thursday, July 2nd. Weiss Ratings raised Fluor from a “sell (d+)” rating to a “hold (c)” rating in a report on Monday, May 11th. Finally, Zacks Research downgraded Fluor from a “hold” rating to a “strong sell” rating in a research note on Tuesday, July 7th. Four analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $57.20.

Fluor Stock Performance

Shares of NYSE FLR opened at $57.22 on Friday. The stock has a market cap of $7.99 billion, a PE ratio of 33.27, a price-to-earnings-growth ratio of 1.54 and a beta of 1.25. Fluor Corporation has a 1 year low of $39.33 and a 1 year high of $57.65. The firm has a fifty day moving average price of $50.78 and a 200-day moving average price of $48.50. The company has a debt-to-equity ratio of 0.36, a current ratio of 1.78 and a quick ratio of 1.78.

Fluor (NYSE:FLR) last released its earnings results on Friday, August 7th. The construction company reported $0.91 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.21. Fluor had a net margin of 2.30% and a return on equity of 5.90%. The company had revenue of $4.33 billion for the quarter, compared to analysts’ expectations of $3.92 billion. During the same quarter in the previous year, the company earned $0.43 EPS. Fluor’s revenue for the quarter was up 8.8% on a year-over-year basis. Equities analysts anticipate that Fluor Corporation will post 2.63 earnings per share for the current fiscal year.

Fluor Company Profile

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.