Teacher Retirement System of Texas Boosts Stock Holdings in Franklin Electric Co., Inc. $FELE

Key Points

• Teacher Retirement System of Texas increased its stake in Franklin Electric by 19.4% in Q4 to 69,988 shares (about $6.69M), and institutional investors now own roughly 79.98% of the company.
• Franklin Electric missed Q results (EPS $0.87 vs. $0.89 estimate; revenue $506.9M vs. $516.3M) despite 4.4% YoY revenue growth, and it set FY2026 guidance of $4.40–$4.60 EPS (analysts expect $4.54), with a consensus rating of Hold and an average target of $106.

Teacher Retirement System of Texas boosted its position in Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) by 19.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 69,988 shares of the industrial products company's stock after purchasing an additional 11,351 shares during the period. Teacher Retirement System of Texas owned about 0.16% of Franklin Electric worth $6,686,000 as of its most recent SEC filing.

Several other institutional investors have also bought and sold shares of the company. EverSource Wealth Advisors LLC lifted its stake in Franklin Electric by 31.2% in the second 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 during the last quarter. Wealth Enhancement Advisory Services LLC lifted its stake in Franklin Electric by 1.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 7,885 shares of the industrial products company's stock valued at $787,000 after purchasing an additional 111 shares during the last quarter. Osaic Holdings Inc. lifted its stake in Franklin Electric by 24.3% in the second quarter. Osaic Holdings Inc. now owns 608 shares of the industrial products company's stock valued at $55,000 after purchasing an additional 119 shares during the last quarter. Captrust Financial Advisors lifted its stake in Franklin Electric by 0.4% in the third quarter. Captrust Financial Advisors now owns 32,496 shares of the industrial products company's stock valued at $3,094,000 after purchasing an additional 128 shares during the last quarter. Finally, Arizona State Retirement System lifted its stake in Franklin Electric by 1.2% in the third quarter. Arizona State Retirement System now owns 11,463 shares of the industrial products company's stock valued at $1,091,000 after purchasing an additional 139 shares during the last quarter. Hedge funds and other institutional investors own 79.98% of the company's stock.

Franklin Electric Stock Performance

Shares of FELE stock opened at $101.94 on Monday. The company's fifty day simple moving average is $96.37 and its two-hundred day simple moving average is $97.20. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.79 and a quick ratio of 1.18. Franklin Electric Co., Inc. has a 1 year low of $78.87 and a 1 year high of $111.53. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 31.66, a PEG ratio of 1.87 and a beta of 1.07.

Franklin Electric (NASDAQ:FELE - Get Free Report) last issued its earnings results on Tuesday, February 17th. The industrial products company reported $0.87 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.89 by ($0.02). Franklin Electric had a net margin of 6.90% and a return on equity of 14.52%. The business had revenue of $506.86 million for the quarter, compared to the consensus estimate of $516.25 million. During the same period in the previous year, the firm earned $0.72 EPS. The company's revenue was up 4.4% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. As a group, analysts anticipate that Franklin Electric Co., Inc. will post 4.54 earnings per share for the current year.

Insider Transactions at Franklin Electric

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

Analyst Ratings Changes

Several research firms recently commented on FELE. Weiss Ratings reiterated a "hold (c)" rating on shares of Franklin Electric in a research note on Monday, December 29th. DA Davidson set a $100.00 price objective on Franklin Electric in a research note on Thursday, February 19th. Finally, Wall Street Zen downgraded Franklin Electric from a "buy" rating to a "hold" rating in a research note on Saturday, February 21st. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $106.00.

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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