SCHEDULE 13G/A: First Eagle Investment Management Discloses 3.03% Stake in Flowserve Corp

First Eagle Investment Management, LLC has filed an amended Schedule 13G, reporting a 3.03% beneficial ownership stake in Flowserve Corp as of March 31, 2025.

Summary

• First Eagle Investment Management, LLC, an investment adviser, has filed an Amendment No. 10 to Schedule 13G regarding its beneficial ownership in Flowserve Corp.
• As of March 31, 2025, First Eagle Investment Management, LLC beneficially owns an aggregate of 3,986,791 shares of Flowserve Corp's Common Stock.
• This ownership represents 3.03% of the class of securities.
• The reporting person holds sole voting power over 3,603,945 shares and sole dispositive power over 3,986,791 shares.
• There is no shared voting power or shared dispositive power reported.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing disclosing beneficial ownership and does not contain information that would significantly alter sentiment about the issuer's performance or outlook. It is neutral in tone and content regarding the issuer's operational or financial status.

Positives

• The filing indicates a continued investment by a prominent investment adviser, First Eagle Investment Management, LLC, in Flowserve Corp.

Future Outlook

The document is a beneficial ownership report and does not contain forward-looking statements or guidance regarding the issuer's future performance or outlook.

Industry Context

This filing is a routine disclosure of an institutional investor's stake in a publicly traded company. It reflects an investment decision by First Eagle Investment Management, LLC, rather than a strategic announcement from Flowserve Corp itself. Such filings provide transparency on significant ownership positions within the market.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant institutional investor's stake in Flowserve Corp, which can be a factor in investment decisions.

Key Dates

Keywords

Flowserve Corp, First Eagle Investment Management, Schedule 13G, beneficial ownership, common stock, investment adviser, SEC filing