Flowserve Corp. stock falls Wednesday, underperforms market

MarketWatch Automation

Shares of Flowserve Corp. /zigman2/quotes/203982564/composite FLS +0.80% slipped 1.91% to $31.33 Wednesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.40% falling 1.08% to 4,115.77 and Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA +0.13% falling 0.81% to 32,910.90. The stock's fall snapped a two-day winning streak. Flowserve Corp. closed $12.87 short of its 52-week high ($44.20), which the company reached on June 9th.

The stock underperformed when compared to some of its competitors Wednesday, as Illinois Tool Works Inc. /zigman2/quotes/208031922/composite ITW +0.41% fell 1.81% to $206.34, Parker Hannifin Corp. /zigman2/quotes/202924304/composite PH +1.09% fell 0.26% to $283.02, and Dover Corp. /zigman2/quotes/208444467/composite DOV +0.84% fell 1.10% to $134.62. Trading volume (1.0 M) remained 281,825 below its 50-day average volume of 1.3 M.

Editor's Note: This story was auto-generated by Automated Insights, an automation technology provider, using data from Dow Jones and FactSet. See our market data terms of use.

/zigman2/quotes/203982564/composite

Add to watchlist FLS

Flowserve Corp.

US : U.S.: NYSE

$ 39.24

+0.31 +0.80%

Volume: 579,082

Sept. 25, 2023 4:03p

P/E Ratio

21.73

Dividend Yield

2.04%

Market Cap

$5.11 billion

Rev. per Employee

$248,283

/zigman2/quotes/210599714/realtime

Add to watchlist SPX

S&P 500 Index

US : S&P US

4,337.44

+17.38 +0.40%

Volume: 0.00

Sept. 25, 2023 5:22p

/zigman2/quotes/210598065/realtime

Add to watchlist DJIA

Dow Jones Industrial Average

US : Dow Jones Global

34,006.88

+43.04 +0.13%

Volume: 0.00

Sept. 25, 2023 5:22p

/zigman2/quotes/208031922/composite

Add to watchlist ITW

Illinois Tool Works Inc.

US : U.S.: NYSE

$ 234.47

+0.96 +0.41%

Volume: 577,082

Sept. 25, 2023 4:00p

P/E Ratio

23.20

Dividend Yield

2.39%

Market Cap

$70.61 billion

Rev. per Employee

$349,457

/zigman2/quotes/202924304/composite

Add to watchlist PH

Parker Hannifin Corp.

US : U.S.: NYSE

$ 391.51

+4.21 +1.09%

Volume: 603,806

Sept. 25, 2023 4:00p

P/E Ratio

24.46

Dividend Yield

1.51%

Market Cap

$49.74 billion

Rev. per Employee

$303,925

/zigman2/quotes/208444467/composite

Add to watchlist DOV

Dover Corp.

US : U.S.: NYSE

$ 142.54

+1.19 +0.84%

Volume: 847,318

Sept. 25, 2023 4:00p

P/E Ratio

19.76

Dividend Yield

1.43%

Market Cap

$19.77 billion

Rev. per Employee

$339,063