Analysts Set Expectations for FELE FY2026 Earnings

Franklin Electric Co., Inc. (NASDAQ:FELE) – Stock analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for shares of Franklin Electric in a note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville forecasts that the industrial products company will earn $4.50 per share for the year. The consensus estimate for Franklin Electric’s current full-year earnings is $4.19 per share.

Separately, Robert W. Baird dropped their price objective on Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a research note on Wednesday, October 30th.

Franklin Electric Stock Down 0.0 %

Franklin Electric stock opened at $106.00 on Friday. The company has a market capitalization of $4.84 billion, a PE ratio of 27.53, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.06 and a current ratio of 2.22. Franklin Electric has a fifty-two week low of $91.67 and a fifty-two week high of $111.94. The firm has a 50 day moving average price of $99.33 and a 200 day moving average price of $101.65.

Franklin Electric (NASDAQ:FELE) last announced its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. The business had revenue of $485.75 million during the quarter, compared to analysts’ expectations of $465.87 million. Franklin Electric had a net margin of 8.92% and a return on equity of 14.46%.

Hedge Funds Weigh In On Franklin Electric

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FELE. Public Employees Retirement System of Ohio acquired a new stake in shares of Franklin Electric in the fourth quarter valued at $52,000. Vise Technologies Inc. boosted its stake in shares of Franklin Electric by 32.8% in the 4th quarter. Vise Technologies Inc. now owns 6,907 shares of the industrial products company’s stock valued at $673,000 after buying an additional 1,704 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in shares of Franklin Electric by 9.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 126,300 shares of the industrial products company’s stock worth $12,308,000 after buying an additional 11,426 shares in the last quarter. Voloridge Investment Management LLC increased its stake in shares of Franklin Electric by 0.9% during the fourth quarter. Voloridge Investment Management LLC now owns 137,555 shares of the industrial products company’s stock worth $13,405,000 after buying an additional 1,194 shares during the period. Finally, Twinbeech Capital LP acquired a new stake in Franklin Electric in the fourth quarter valued at approximately $355,000. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Franklin Electric Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Investors of record on Thursday, February 6th were paid a dividend of $0.265 per share. This is an increase from Franklin Electric’s previous quarterly dividend of $0.25. This represents a $1.06 annualized dividend and a yield of 1.00%. The ex-dividend date of this dividend was Thursday, February 6th. Franklin Electric’s dividend payout ratio is presently 27.53%.

Franklin Electric Company Profile

Franklin Electric Co, Inc, together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment.