By Katherine Hamilton
Shares of Flowserve were higher on optimistic 2026 guidance and news that the company will buy the valves division of Trillium Flow Technologies.
The stock advanced 7% to $84.54 on Friday, touching a 52-week high. Shares have gained 23% over the past three months.
Flowserve said Thursday evening that it expects adjusted earnings per share to be $4 to $4.20 this year, while Wall Street analysts are guiding for $4 a share.
Dallas-based flow control products company also expects sales to grow 5% to 7% year-over-year.
Chief Executive Scott Rowe said Flowserve has healthy end markets and operational momentum as power generation opportunities increase.
Separately, the company said it would acquire Trillium's valve unit for $490 million. The valves are used for nuclear and traditional power generation and will help Flowserve grow its nuclear-energy market share, it said.
Write to Katherine Hamilton at katherine.hamilton@wsj.com
(END) Dow Jones Newswires
February 06, 2026 11:41 ET (16:41 GMT)
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