American Capital Management Inc. Takes $2.36 Million Position in Franklin Electric Co., Inc. $FELE

Key Points

• American Capital Management acquired 22,000 shares of Franklin Electric worth approximately $2.36 million, while institutional investors collectively own 79.98% of the company.
• Franklin Electric reported quarterly EPS of $1.55, beating estimates of $1.44, on revenue of $622.88 million, up 6% year over year. The company maintained fiscal 2026 EPS guidance of $4.50–$4.70.
• Analysts have a consensus “Hold” rating with an average price target of $114.50; shares recently opened at $102.54. Franklin Electric also pays a quarterly dividend of $0.28, yielding about 1.1% annually.

American Capital Management Inc. bought a new position in Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 22,000 shares of the industrial products company's stock, valued at approximately $2,358,000.

Other institutional investors also recently modified their holdings of the company. Oregon Public Employees Retirement Fund grew its position in Franklin Electric by 1.2% during the fourth quarter. Oregon Public Employees Retirement Fund now owns 8,716 shares of the industrial products company's stock valued at $833,000 after acquiring an additional 100 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of Franklin Electric by 31.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company's stock valued at $38,000 after purchasing an additional 101 shares in the last quarter. LPL Financial LLC grew its holdings in shares of Franklin Electric by 1.0% during the 4th quarter. LPL Financial LLC now owns 12,158 shares of the industrial products company's stock valued at $1,161,000 after purchasing an additional 115 shares during the last quarter. Osaic Holdings Inc. raised its position in Franklin Electric by 24.3% in the 2nd quarter. Osaic Holdings Inc. now owns 608 shares of the industrial products company's stock worth $55,000 after purchasing an additional 119 shares during the period. Finally, Inspire Investing LLC raised its position in Franklin Electric by 2.5% in the 4th quarter. Inspire Investing LLC now owns 4,968 shares of the industrial products company's stock worth $475,000 after purchasing an additional 120 shares during the period. 79.98% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several research analysts recently commented on FELE shares. Weiss Ratings raised shares of Franklin Electric from a "hold (c)" rating to a "hold (c+)" rating in a research note on Thursday, July 30th. Robert W. Baird increased their price target on shares of Franklin Electric from $118.00 to $124.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Wall Street Zen raised shares of Franklin Electric from a "hold" rating to a "buy" rating in a report on Saturday, May 2nd. Finally, DA Davidson upped their price target on Franklin Electric from $100.00 to $105.00 and gave the company a "neutral" rating in a research report on Wednesday, July 29th. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and a consensus target price of $114.50.

Insider Activity at Franklin Electric

In other Franklin Electric news, insider Jonathan M. Grandon sold 8,547 shares of the firm's stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $103.40, for a total transaction of $883,759.80. Following the sale, the insider owned 7,509 shares in the company, valued at approximately $776,430.60. This trade represents a 53.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 2.89% of the stock is owned by company insiders.

Franklin Electric Stock Up 0.7%

Shares of Franklin Electric stock opened at $102.54 on Thursday. The company has a 50-day simple moving average of $105.29 and a two-hundred day simple moving average of $100.89. The stock has a market capitalization of $4.53 billion, a PE ratio of 29.55, a price-to-earnings-growth ratio of 1.82 and a beta of 1.04. Franklin Electric Co., Inc. has a 52-week low of $89.54 and a 52-week high of $115.82. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.10 and a current ratio of 2.41.

Franklin Electric (NASDAQ:FELE - Get Free Report) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.55 EPS for the quarter, topping analysts' consensus estimates of $1.44 by $0.11. Franklin Electric had a return on equity of 15.18% and a net margin of 7.06%.The business had revenue of $622.88 million during the quarter, compared to analyst estimates of $605.92 million. During the same quarter last year, the company earned $1.31 EPS. The company's quarterly revenue was up 6.0% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. On average, analysts anticipate that Franklin Electric Co., Inc. will post 4.65 EPS for the current fiscal year.

Franklin Electric Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th were paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Thursday, August 6th. Franklin Electric's dividend payout ratio is 32.28%.

About Franklin Electric

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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