<div id="readability-page-1"><p>Mengis Capital Management Inc. boosted its holdings in  Fluor Corporation (NYSE:FLR - Free Report) by 49.4% in the second quarter, according to its most recent filing with the SEC. The institutional investor  owned 55,762 shares of the construction company's stock after buying an additional 18,429 shares during the period. Mengis Capital Management Inc.'s holdings in Fluor were worth $2,859,000 as of its most recent SEC filing.</p><ul><li>NuScale, Rocket Lab Face Heavy Insider Selling After Surges</li></ul><p>A number of other institutional investors have also bought and sold shares of the business. IFP Advisors Inc purchased a new position in shares of  Fluor during the second quarter valued at about $27,000.  Callan Family Office LLC grew its position in shares of  Fluor by 10.6% during the second quarter. Callan Family Office LLC now owns 10,161 shares of the construction company's stock valued at $521,000 after purchasing an additional 976 shares in the last quarter.  Blair William &amp; Co. IL purchased a new position in shares of  Fluor during the second quarter valued at about $494,000.  Clear Creek Financial Management LLC lifted its holdings in shares of  Fluor by 23.9% in the 2nd quarter. Clear Creek Financial Management LLC now owns 10,346 shares of the construction company's stock valued at $530,000 after acquiring an additional 1,995 shares during the last quarter.  Finally, Chung Wu Investment Group LLC bought a new position in shares of  Fluor in the 2nd quarter valued at about $172,000. Hedge funds and other institutional investors own  88.07% of the company's stock. </p><h2>Fluor Stock Performance</h2><p>Shares of FLR stock opened at $43.47 on Friday. The firm has a market cap of $7.03 billion, a price-to-earnings ratio of 1.79 and a beta of 1.48. The company's 50 day moving average is $42.13 and its 200 day moving average is $42.71. The company has a quick ratio of 1.62, a current ratio of 1.62 and a debt-to-equity ratio of 0.18. Fluor Corporation has a 52-week low of $29.20 and a 52-week high of $60.10. </p><ul><li>3 Infrastructure Stocks Riding the U.S. Building Boom</li></ul><p>Fluor (NYSE:FLR - Get Free Report) last issued its quarterly earnings data on Friday, August 1st. The construction company reported $0.43 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.59 by ($0.16). Fluor had a net margin of 25.35% and a return on equity of 9.27%. The business had revenue of $3.98 billion for the quarter, compared to analysts' expectations of $4.55 billion. During the same period in the previous year, the business earned $0.85 earnings per share. The business's quarterly revenue was down 5.9% compared to the same quarter last year.  Fluor has set its FY 2025 guidance at 1.950-2.15 EPS. On average, sell-side analysts anticipate that  Fluor Corporation will post 2.5 EPS for the current fiscal year. </p><h2>Wall Street Analyst Weigh In</h2><p>A number of research analysts recently commented on FLR shares. Wall Street Zen raised shares of Fluor from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Friday, August 22nd. Truist Financial decreased their price objective on shares of Fluor from $52.00 to $51.00 and set a &#34;buy&#34; rating for the company in a research note on Wednesday. Robert W. Baird decreased their price objective on shares of Fluor from $55.00 to $46.00 and set a &#34;neutral&#34; rating for the company in a research note on Monday, August 4th. Citigroup decreased their price objective on shares of Fluor from $71.00 to $57.00 and set a &#34;buy&#34; rating for the company in a research note on Monday, August 4th. Finally, KeyCorp downgraded shares of Fluor from an &#34;overweight&#34; rating to a &#34;sector weight&#34; rating and set a $41.00 price target for the company. in a research note on Tuesday, July 15th. Four equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of &#34;Hold&#34; and a consensus price target of $49.43.</p><ul><li>Rebuilding Stronger: 3 Stocks Driving Infrastructure Recovery</li></ul><p><b>Check Out Our Latest Stock Report on Fluor</b></p><h2>Fluor Profile</h2> (Free Report)<p>Fluor Corporation provides engineering, procurement, and construction (EPC); fabrication and modularization; operation and maintenance; asset integrity; and project management services worldwide. The company operates through Energy Solutions, Urban Solutions, Mission Solutions, and Other segments. The Energy Solutions segment provides solutions to the energy transition markets, including asset decarbonization, carbon capture, renewable fuels, waste-to-energy, green chemicals, hydrogen, nuclear power, and other low-carbon energy sources.</p><h2>Read More</h2><ul><li>Five stocks we like better than Fluor</li><li>What is a penny stock? A comprehensive guide</li><li>Why Amazon’s Prime Day May Be the Catalyst for a Year-End Rally</li><li>How to Start Investing in Real Estate</li><li>Let the Good Times Roll: 2 Stocks Showing No Signs of Slowing</li><li>How to Short a Stock in 5 Easy Steps </li><li>Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZMUg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZMUg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fluor Right Now?</h2><p>Before you consider Fluor, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fluor wasn't on the list.</p><p>While Fluor currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Mengis Capital Management Inc. increased its stake in Fluor Corporation (NYSE:FLR) by 49.4% in Q2, owning 55,762 shares valued at $2.86 million. Other institutional investors also adjusted their positions. Fluor's stock opened at $43.47, with a market cap of $7.03 billion and a P/E ratio of 1.79. The company reported Q2 earnings of $0.43 per share, missing estimates, with revenue of $3.98 billion. Analysts have mixed ratings on Fluor, with a consensus rating of "Hold" and a price target of $49.43.</p>

Mengis Capital Management Inc. Raises Stock Position in Fluor Corporation $FLR