Franklin Electric (FELE) to Release Earnings on Tuesday

Franklin Electric (NASDAQ:FELE - Get Free Report) is expected to be announcing its Q2 2025 earnings results before the market opens on Tuesday, July 22nd. Analysts expect Franklin Electric to post earnings of $1.28 per share and revenue of $566.61 million for the quarter. Franklin Electric has set its FY 2025 guidance at 3.950-4.250 EPS.

Franklin Electric (NASDAQ:FELE - Get Free Report) last released its quarterly earnings data on Tuesday, April 29th. The industrial products company reported $0.67 EPS for the quarter, missing the consensus estimate of $0.73 by ($0.06). The business had revenue of $455.25 million for the quarter, compared to analysts' expectations of $471.21 million. Franklin Electric had a net margin of 8.85% and a return on equity of 14.08%. The company's quarterly revenue was down 1.2% on a year-over-year basis. During the same period last year, the business earned $0.70 earnings per share. On average, analysts expect Franklin Electric to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

Franklin Electric Stock Performance

Shares of NASDAQ FELE opened at $90.89 on Tuesday. The firm's 50-day moving average price is $88.16 and its 200-day moving average price is $93.39. The company has a quick ratio of 0.82, a current ratio of 1.98 and a debt-to-equity ratio of 0.01. The company has a market cap of $4.14 billion, a PE ratio of 23.79, a PEG ratio of 1.85 and a beta of 1.07. Franklin Electric has a 52-week low of $78.87 and a 52-week high of $111.94.

Franklin Electric announced that its Board of Directors has approved a share buyback plan on Friday, June 13th that allows the company to buyback 1,200,000 shares. This buyback authorization allows the industrial products company to purchase shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company's management believes its shares are undervalued.

Franklin Electric Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, May 22nd. Investors of record on Thursday, May 8th were given a dividend of $0.265 per share. This represents a $1.06 dividend on an annualized basis and a yield of 1.17%. The ex-dividend date was Thursday, May 8th. Franklin Electric's dividend payout ratio (DPR) is presently 27.75%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on FELE. Wall Street Zen upgraded Franklin Electric from a "hold" rating to a "buy" rating in a research report on Wednesday, May 14th. Robert W. Baird reduced their target price on shares of Franklin Electric from $111.00 to $94.00 and set a "neutral" rating for the company in a report on Wednesday, April 30th.

Insider Transactions at Franklin Electric

In other news, Director David M. Wathen sold 24,000 shares of the business's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $86.10, for a total transaction of $2,066,400.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director David M. Wathen sold 25,402 shares of the business's stock in a transaction dated Monday, June 2nd. The shares were sold at an average price of $85.22, for a total transaction of $2,164,758.44. Following the completion of the sale, the director directly owned 49,000 shares of the company's stock, valued at approximately $4,175,780. This trade represents a 34.14% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 99,402 shares of company stock valued at $8,529,908. 2.72% of the stock is owned by corporate insiders.

Institutional Trading of Franklin Electric

A number of hedge funds have recently bought and sold shares of FELE. Jane Street Group LLC raised its position in shares of Franklin Electric by 491.0% in the 1st quarter. Jane Street Group LLC now owns 70,660 shares of the industrial products company's stock valued at $6,634,000 after purchasing an additional 58,705 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its position in Franklin Electric by 8.6% during the 1st 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 purchasing an additional 10,862 shares during the last quarter. United Services Automobile Association purchased a new position in shares of Franklin Electric in the first quarter worth $243,000. NewEdge Advisors LLC raised its holdings 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 worth $541,000 after buying an additional 1,349 shares during the last quarter. Finally, AQR Capital Management LLC grew its holdings in shares of Franklin Electric by 105.5% during 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 buying an additional 13,075 shares during the last quarter. Hedge funds and other institutional investors own 79.98% of the company's stock.

Franklin Electric Company Profile

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.

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