Allspring Global Investments Holdings LLC increased its stake in Flowserve Co. by 185.4% in Q4, owning 30,869 shares valued at $1.77 million. Other hedge funds also raised their positions significantly. Flowserve’s stock opened at $55.38, with a market cap of $7.28 billion, a PE ratio of 25.88, and a 12-month price range of $41.60 to $65.08. The company reported Q4 earnings of $0.70 per share, missing estimates. Flowserve announced a quarterly dividend of $0.21, with a yield of 1.52%. Analysts generally rate the stock as a “Moderate Buy,” with an average price target of $68.60.