Seizert Capital Partners LLC Buys New Position in Franklin Electric Co., Inc. $FELE

Key Points

• Seizert Capital Partners LLC opened a new position in Franklin Electric (NASDAQ:FELE), purchasing 39,358 shares valued at about $3.76 million and owning roughly 0.09% of the company.
• Franklin Electric beat quarterly expectations with $0.83 EPS vs. $0.77 consensus and $500.44M revenue (up 9.9% YoY), and issued FY2026 guidance of $4.40–$4.60 EPS (analyst average ~4.58).
• CEO Joseph A. Ruzynski purchased 500 shares (insiders own ~2.89%) and the company declared a quarterly dividend of $0.28 (annualized $1.12, ~1.1% yield).

Seizert Capital Partners LLC purchased a new position in Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 39,358 shares of the industrial products company's stock, valued at approximately $3,760,000. Seizert Capital Partners LLC owned 0.09% of Franklin Electric as of its most recent SEC filing.

Several other large investors also recently bought and sold shares of the company. Horizon Investments LLC boosted its stake in shares of Franklin Electric by 45.8% in the fourth quarter. Horizon Investments LLC now owns 17,851 shares of the industrial products company's stock valued at $1,705,000 after purchasing an additional 5,611 shares during the period. State of New Jersey Common Pension Fund D boosted its position in Franklin Electric by 7.1% in the 4th quarter. State of New Jersey Common Pension Fund D now owns 23,788 shares of the industrial products company's stock valued at $2,272,000 after buying an additional 1,576 shares during the last quarter. Pictet Asset Management Holding SA grew its stake in Franklin Electric by 10.5% during the 4th quarter. Pictet Asset Management Holding SA now owns 5,558 shares of the industrial products company's stock valued at $531,000 after purchasing an additional 526 shares in the last quarter. Teacher Retirement System of Texas raised its stake in shares of Franklin Electric by 19.4% in the 4th quarter. Teacher Retirement System of Texas now owns 69,988 shares of the industrial products company's stock valued at $6,686,000 after purchasing an additional 11,351 shares in the last quarter. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its position in shares of Franklin Electric by 23.8% during the fourth quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 13,835 shares of the industrial products company's stock worth $1,336,000 after purchasing an additional 2,662 shares during the last quarter. Institutional investors and hedge funds own 79.98% of the company's stock.

Insider Transactions at Franklin Electric

In related news, CEO Joseph A. Ruzynski acquired 500 shares of Franklin Electric stock in a transaction that occurred on Thursday, February 19th. The stock was acquired at an average price of $93.34 per share, for a total transaction of $46,670.00. Following the transaction, the chief executive officer directly owned 22,722 shares of the company's stock, valued at $2,120,871.48. This trade represents a 2.25% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. 2.89% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

FELE has been the topic of several research reports. DA Davidson restated a "neutral" rating and set a $100.00 price objective on shares of Franklin Electric in a research note on Wednesday, April 29th. Wall Street Zen upgraded Franklin Electric from a "hold" rating to a "buy" rating in a report on Saturday. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock has an average rating of "Hold" and an average price target of $106.00.

Franklin Electric Stock Performance

NASDAQ FELE opened at $99.44 on Monday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.67. Franklin Electric Co., Inc. has a one year low of $83.42 and a one year high of $111.53. The company has a 50-day simple moving average of $96.79 and a 200-day simple moving average of $97.46. The firm has a market capitalization of $4.39 billion, a PE ratio of 29.95, a price-to-earnings-growth ratio of 1.81 and a beta of 1.07.

Franklin Electric (NASDAQ:FELE - Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.77 by $0.06. Franklin Electric had a net margin of 6.91% and a return on equity of 14.86%. The firm had revenue of $500.44 million for the quarter, compared to analyst estimates of $479.21 million. During the same quarter in the prior year, the business earned $0.67 earnings per share. Franklin Electric's quarterly revenue was up 9.9% on a year-over-year basis. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. On average, equities analysts forecast that Franklin Electric Co., Inc. will post 4.58 earnings per share for the current year.

Franklin Electric Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 7th will be issued a $0.28 dividend. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $1.12 annualized dividend and a dividend yield of 1.1%. Franklin Electric's dividend payout ratio (DPR) is 33.73%.

Franklin Electric Company 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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