Flowserve Shares Down 12.4%, Forward P/E at 19.8 and 5% Dividend Hike

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Flowserve shares have dropped 12.4% over the past five trading sessions despite a 56% year-over-year gain, lowering its forward P/E ratio to 19.8. The company projects 12.9% earnings growth in 2026 and 13.6% in 2027 and has raised its dividend by 5% to a 1% yield.

1. Share Performance and Valuation

Flowserve’s shares declined 12.4% over the last five trading sessions yet remain up 56% year-over-year, driven by a broader sell-off in AI infrastructure stocks. The pullback reduced its forward P/E ratio to 19.8, bringing valuations into a more attractive range for value investors.

2. Earnings Outlook and Dividend Increase

Analysts forecast Flowserve’s earnings to rise 12.9% in 2026 and 13.6% in 2027 as global infrastructure spending on AI data centers accelerates. The company recently raised its quarterly dividend by 5%, establishing a 1% yield to enhance shareholder returns.

3. Role in AI Infrastructure

Flowserve supplies flow control solutions to power generation and data center markets, positioning it to benefit from over $500 billion in global AI infrastructure investment this year. Its products support critical cooling and fluid management systems essential for hyperscale computing facilities.

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