Key Points
- Insider sale: Jonathan Grandon sold 4,988 shares on April 30 at an average price of $100.02 for about $498,900, reducing his stake by 39.91% to 7,509 shares.
- Quarterly beat and guidance: Franklin Electric reported $0.83 EPS vs. $0.77 expected and $500.44M revenue (up 9.9% YoY), and set FY2026 guidance of 4.400–4.600 EPS (analyst average ~4.58).
- Dividend announced: The company declared a $0.28 quarterly dividend ($1.12 annual, ~1.1% yield) with an ex-dividend date of May 7 and payment on May 21.
Franklin Electric Co., Inc. (NASDAQ:FELE - Get Free Report) insider Jonathan Grandon sold 4,988 shares of the business's stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $100.02, for a total value of $498,899.76. Following the sale, the insider owned 7,509 shares in the company, valued at approximately $751,050.18. The trade was a 39.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website.
Franklin Electric Price Performance
NASDAQ FELE opened at $98.89 on Tuesday. The stock's 50-day moving average price is $96.79 and its two-hundred day moving average price is $97.46. The company has a current ratio of 2.67, a quick ratio of 1.14 and a debt-to-equity ratio of 0.10. The company has a market cap of $4.37 billion, a PE ratio of 29.79, a PEG ratio of 1.81 and a beta of 1.07. Franklin Electric Co., Inc. has a 1 year low of $83.42 and a 1 year high of $111.53.
Franklin Electric (NASDAQ:FELE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.77 by $0.06. The firm had revenue of $500.44 million for the quarter, compared to the consensus estimate of $479.21 million. Franklin Electric had a return on equity of 14.86% and a net margin of 6.91%.The business's revenue for the quarter was up 9.9% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.67 EPS. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. On average, analysts predict that Franklin Electric Co., Inc. will post 4.58 EPS for the current year.
Franklin Electric Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 7th will be issued a $0.28 dividend. The ex-dividend date is Thursday, May 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.1%. Franklin Electric's dividend payout ratio is presently 33.73%.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of FELE. Quarry LP purchased a new position in Franklin Electric in the third quarter valued at about $28,000. Aster Capital Management DIFC Ltd acquired a new position in shares of Franklin Electric during the 4th quarter worth $35,000. EverSource Wealth Advisors LLC increased its stake in shares of Franklin Electric by 31.2% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company's stock worth $38,000 after purchasing an additional 101 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Franklin Electric by 213.1% during the 4th quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company's stock worth $43,000 after purchasing an additional 309 shares during the last quarter. Finally, Kestra Advisory Services LLC acquired a new position in shares of Franklin Electric during the 4th quarter worth $48,000. Hedge funds and other institutional investors own 79.98% of the company's stock.
Wall Street Analyst Weigh In
A number of research firms have recently issued reports on FELE. Wall Street Zen upgraded Franklin Electric from a "hold" rating to a "buy" rating in a report on Saturday. DA Davidson restated a "neutral" rating and set a $100.00 price target on shares of Franklin Electric in a report on Wednesday, April 29th. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average price target of $106.00.
Get Our Latest Report on Franklin Electric
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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