Medina Value Partners LLC Invests $25.12 Billion in Franklin Electric Co., Inc. $FELE

Key Points

• Medina Value Partners acquired 234,374 Franklin Electric shares, giving it a 0.53% stake and making FELE its sixth-largest portfolio holding at approximately 4.9%. The filing’s stated $25.12 billion valuation appears inconsistent with the share count and stock price.
• Franklin Electric reported quarterly EPS of $1.55, beating estimates of $1.44, while revenue rose 6% year over year to $622.88 million. The company maintained fiscal 2026 EPS guidance of $4.50–$4.70.
• Analysts maintain a consensus “Hold” rating with a $114.50 target price, while Franklin Electric pays a quarterly dividend of $0.28 per share, equivalent to a 1.1% annual yield.

Medina Value Partners LLC acquired a new stake in shares of Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 234,374 shares of the industrial products company's stock, valued at approximately $25,122,549,000. Franklin Electric accounts for about 4.9% of Medina Value Partners LLC's investment portfolio, making the stock its 6th largest position. Medina Value Partners LLC owned 0.53% of Franklin Electric at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of FELE. Royal Bank of Canada increased its stake in Franklin Electric by 81.6% in the 1st quarter. Royal Bank of Canada now owns 3,997 shares of the industrial products company's stock worth $375,000 after buying an additional 1,796 shares in the last quarter. AQR Capital Management LLC lifted its position in shares of Franklin Electric by 105.5% in the first quarter. AQR Capital Management LLC now owns 25,463 shares of the industrial products company's stock valued at $2,390,000 after acquiring an additional 13,075 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Franklin Electric by 30.6% in the first quarter. NewEdge Advisors LLC now owns 5,760 shares of the industrial products company's stock valued at $541,000 after acquiring an additional 1,349 shares in the last quarter. United Services Automobile Association bought a new position in shares of Franklin Electric in the first quarter worth about $243,000. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Franklin Electric by 8.6% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 137,162 shares of the industrial products company's stock worth $12,877,000 after acquiring an additional 10,862 shares during the period. Hedge funds and other institutional investors own 79.98% of the company's stock.

Insider Buying and Selling at Franklin Electric

In related news, insider Jonathan M. Grandon sold 8,547 shares of the business's stock in a transaction on Tuesday, June 9th. The shares were sold at an average price of $103.40, for a total value of $883,759.80. Following the sale, the insider owned 7,509 shares in the company, valued at approximately $776,430.60. The trade was a 53.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 2.89% of the company's stock.

Analyst Ratings Changes

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

Franklin Electric Price Performance

NASDAQ:FELE opened at $101.82 on Wednesday. The company has a current ratio of 2.41, a quick ratio of 1.10 and a debt-to-equity ratio of 0.10. The company has a market capitalization of $4.50 billion, a P/E ratio of 29.34, a P/E/G ratio of 1.85 and a beta of 1.04. Franklin Electric Co., Inc. has a 12 month low of $89.54 and a 12 month high of $115.82. The business's 50-day moving average is $105.30 and its 200 day moving average is $100.90.

Franklin Electric (NASDAQ:FELE - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.55 earnings per share for the quarter, beating the consensus estimate 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 analysts' expectations of $605.92 million. During the same quarter last year, the business posted $1.31 EPS. The firm's revenue for the quarter 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, equities research analysts forecast that Franklin Electric Co., Inc. will post 4.65 earnings per share for the current fiscal year.

Franklin Electric Announces Dividend

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

Franklin Electric Profile

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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