Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) - DA Davidson issued their Q2 2025 earnings estimates for Franklin Electric in a note issued to investors on Thursday, May 1st. DA Davidson analyst M. Summerville forecasts that the industrial products company will post earnings per share of $1.28 for the quarter. The consensus estimate for Franklin Electric's current full-year earnings is $4.19 per share. DA Davidson also issued estimates for Franklin Electric's FY2025 earnings at $4.07 EPS and FY2026 earnings at $4.48 EPS.
Franklin Electric (NASDAQ:FELE - Get Free Report) last posted its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.67 EPS for the quarter, missing analysts' consensus estimates of $0.73 by ($0.06). The business had revenue of $455.25 million during the quarter, compared to analyst estimates of $471.21 million. Franklin Electric had a net margin of 8.92% and a return on equity of 14.46%. The company's revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share.
A number of other brokerages also recently commented on FELE. Robert W. Baird cut their price objective on shares of Franklin Electric from $111.00 to $94.00 and set a "neutral" rating for the company in a research report on Wednesday. StockNews.com lowered Franklin Electric from a "buy" rating to a "hold" rating in a report on Thursday.
Check Out Our Latest Analysis on FELE
Franklin Electric Trading Up 0.5 %
NASDAQ:FELE opened at $85.35 on Friday. The company has a current ratio of 2.22, a quick ratio of 1.06 and a debt-to-equity ratio of 0.01. The stock's 50 day simple moving average is $93.78 and its 200-day simple moving average is $99.25. Franklin Electric has a 12-month low of $78.87 and a 12-month high of $111.94. The firm has a market cap of $3.91 billion, a P/E ratio of 22.17, a PEG ratio of 2.11 and a beta of 1.02.
Institutional Investors Weigh In On Franklin Electric
Hedge funds have recently modified their holdings of the company. Mariner LLC boosted its position in Franklin Electric by 1.8% during the fourth quarter. Mariner LLC now owns 6,471 shares of the industrial products company's stock worth $631,000 after acquiring an additional 116 shares during the last quarter. BHK Investment Advisors LLC lifted its position in Franklin Electric by 2.5% during the fourth quarter. BHK Investment Advisors LLC now owns 5,139 shares of the industrial products company's stock worth $501,000 after buying an additional 125 shares during the period. Captrust Financial Advisors boosted its stake in Franklin Electric by 0.4% in the 4th quarter. Captrust Financial Advisors now owns 31,879 shares of the industrial products company's stock worth $3,107,000 after buying an additional 137 shares during the last quarter. Sanctuary Advisors LLC grew its holdings in Franklin Electric by 3.4% in the 4th quarter. Sanctuary Advisors LLC now owns 4,372 shares of the industrial products company's stock valued at $434,000 after buying an additional 145 shares during the period. Finally, Summit Investment Advisors Inc. increased its stake in shares of Franklin Electric by 3.3% during the 4th quarter. Summit Investment Advisors Inc. now owns 4,739 shares of the industrial products company's stock valued at $462,000 after acquiring an additional 150 shares during the last quarter. 79.98% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, insider Delancey W. Davis sold 961 shares of Franklin Electric stock in a transaction that occurred on Wednesday, February 26th. The stock was sold at an average price of $103.14, for a total transaction of $99,117.54. Following the completion of the transaction, the insider now directly owns 7,701 shares in the company, valued at $794,281.14. The trade was a 11.09 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders own 2.72% of the company's stock.
Franklin Electric Announces Dividend
The business also recently declared a quarterly dividend, which will be paid on Thursday, May 22nd. Stockholders of record on Thursday, May 8th will be given a dividend of $0.265 per share. The ex-dividend date is Thursday, May 8th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.24%. Franklin Electric's payout ratio is 27.75%.
About Franklin Electric
(
Get Free Report)
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.
Further Reading
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.
Before you consider Franklin Electric, you'll want to hear this.
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 Franklin Electric wasn't on the list.
While Franklin Electric currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering what the next stocks will be that hit it big, with solid fundamentals? Enter your email address to see which stocks MarketBeat analysts could become the next blockbuster growth stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
