Key Points
- CEO Joseph Ruzynski bought 500 shares on Feb. 19 at an average of $93.34 (total $46,670), raising his stake to 22,722 shares — a 2.25% increase in his position.
- Franklin Electric reported $0.87 EPS, missing estimates by $0.02, and revenue of $506.9M also fell short, though revenue was up 4.4% year‑over‑year; the company set FY2026 guidance of 4.40–4.60 EPS.
- The company raised its quarterly dividend to $0.28 per share (annualized $1.12, ~1.2% yield), while analysts largely rate the stock a Hold with a consensus target of $106.
Franklin Electric Co., Inc. (NASDAQ:FELE - Get Free Report) CEO Joseph Ruzynski purchased 500 shares of the stock in a transaction on Thursday, February 19th. The stock was acquired at an average cost of $93.34 per share, with a total value of $46,670.00. Following the acquisition, the chief executive officer owned 22,722 shares of the company's stock, valued at approximately $2,120,871.48. This represents a 2.25% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Franklin Electric Price Performance
Shares of FELE opened at $95.32 on Tuesday. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.79 and a quick ratio of 1.18. The company's fifty day moving average price is $100.14 and its 200-day moving average price is $97.10. Franklin Electric Co., Inc. has a 1-year low of $78.87 and a 1-year high of $111.53. The firm has a market capitalization of $4.24 billion, a PE ratio of 29.60, a price-to-earnings-growth ratio of 1.76 and a beta of 1.08.
Franklin Electric (NASDAQ:FELE - Get Free Report) last released its earnings results on Tuesday, February 17th. The industrial products company reported $0.87 EPS for the quarter, missing analysts' consensus estimates of $0.89 by ($0.02). The firm had revenue of $506.86 million for the quarter, compared to analyst estimates of $516.25 million. Franklin Electric had a return on equity of 14.52% and a net margin of 6.90%.The company's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $0.72 EPS. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities research analysts predict that Franklin Electric Co., Inc. will post 4.19 EPS for the current year.
Franklin Electric Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Thursday, February 19th. Investors of record on Thursday, February 5th were given a dividend of $0.28 per share. This is a boost from Franklin Electric's previous quarterly dividend of $0.27. This represents a $1.12 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, February 5th. Franklin Electric's dividend payout ratio (DPR) is 34.78%.
Wall Street Analysts Forecast Growth
A number of equities analysts recently weighed in on FELE shares. Wall Street Zen cut Franklin Electric from a "buy" rating to a "hold" rating in a report on Saturday. Robert W. Baird set a $112.00 target price on Franklin Electric in a research note on Wednesday, October 29th. Weiss Ratings reissued a "hold (c)" rating on shares of Franklin Electric in a research note on Monday, December 29th. Finally, DA Davidson set a $100.00 price target on shares of Franklin Electric in a report on Thursday. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Franklin Electric presently has an average rating of "Hold" and a consensus target price of $106.00.
Check Out Our Latest Research Report on FELE
Institutional Trading of Franklin Electric
A number of institutional investors have recently made changes to their positions in FELE. Quarry LP purchased a new stake in shares of Franklin Electric during the third quarter worth approximately $28,000. Aster Capital Management DIFC Ltd acquired a new stake in Franklin Electric during the 4th quarter worth $35,000. EverSource Wealth Advisors LLC grew its holdings in shares of Franklin Electric by 31.2% during the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company's stock worth $38,000 after buying an additional 101 shares in the last quarter. Farther Finance Advisors LLC raised its position in shares of Franklin Electric by 213.1% in the fourth quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company's stock valued at $43,000 after buying an additional 309 shares during the last quarter. Finally, MAI Capital Management raised its position in shares of Franklin Electric by 36.5% in the second quarter. MAI Capital Management now owns 490 shares of the industrial products company's stock valued at $44,000 after buying an additional 131 shares during the last quarter. 79.98% of the stock is owned by institutional investors and hedge funds.
Franklin Electric Company Profile
(
Get Free Report)
Franklin Electric Co, Inc is a world‐leading manufacturer and distributor of systems and components for moving and managing water and fuel. Headquartered in Fort Wayne, Indiana, the company specializes in designing engineered pumping systems and related controls for residential, commercial and industrial applications.
Founded in 1944, Franklin Electric has built its reputation on submersible and surface pumping solutions for water wells, municipal water and wastewater treatment, irrigation and industrial fluid handling.
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