Franklin Electric (NASDAQ:FELE) Updates FY 2026 Earnings Guidance

Key Points

• FY2026 guidance: Franklin Electric set EPS guidance of 4.400–4.600 (consensus 4.540) and revenue guidance of $2.2 billion, essentially in line with Street estimates.
• The company beat the latest quarter with $0.83 EPS versus $0.77 expected and revenue of $500.44M versus $479.21M, and the stock traded up about 1.5% (market cap ~$4.57B, PE ~32.1).
• Corporate actions: Franklin declared a quarterly dividend of $0.28 (annual $1.12, yield ~1.1%, ex-dividend May 7) and CEO Joseph Ruzynski bought 500 shares, raising his stake to 22,722 shares.

Franklin Electric (NASDAQ:FELE - Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.400-4.600 for the period, compared to the consensus earnings per share estimate of 4.540. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on FELE. Weiss Ratings restated a "hold (c)" rating on shares of Franklin Electric in a research report on Monday, December 29th. DA Davidson set a $100.00 price objective on Franklin Electric in a research report on Thursday, February 19th. Finally, Wall Street Zen downgraded Franklin Electric from a "buy" rating to a "hold" rating in a research report on Saturday, February 21st. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $106.00.

Franklin Electric Trading Up 1.5%

Shares of FELE stock opened at $103.50 on Tuesday. Franklin Electric has a 1 year low of $78.87 and a 1 year high of $111.53. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.79 and a quick ratio of 1.18. The stock's 50 day simple moving average is $96.26 and its two-hundred day simple moving average is $97.27. The company has a market cap of $4.57 billion, a PE ratio of 32.14, a price-to-earnings-growth ratio of 1.87 and a beta of 1.07.

Franklin Electric (NASDAQ:FELE - Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The industrial products company reported $0.83 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.77 by $0.06. The business had revenue of $500.44 million for the quarter, compared to the consensus estimate of $479.21 million. Franklin Electric had a return on equity of 14.52% and a net margin of 6.90%.Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. Research analysts predict that Franklin Electric will post 4.54 earnings per share for the current year.

Franklin Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Stockholders of record on Thursday, May 7th will be paid a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, May 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.1%. Franklin Electric's dividend payout ratio is currently 34.78%.

Insider Activity at Franklin Electric

In other Franklin Electric news, CEO Joseph A. Ruzynski bought 500 shares of the business's stock in a transaction dated Thursday, February 19th. The shares were purchased at an average price of $93.34 per share, with a total value of $46,670.00. Following the completion of the purchase, the chief executive officer owned 22,722 shares in the company, valued at $2,120,871.48. This represents a 2.25% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Corporate insiders own 2.89% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Quarry LP bought a new position in shares of Franklin Electric during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd bought a new position in shares of Franklin Electric during the fourth quarter valued at approximately $35,000. EverSource Wealth Advisors LLC grew its stake in shares of Franklin Electric by 31.2% during the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company's stock valued at $38,000 after buying an additional 101 shares during the last quarter. Kestra Advisory Services LLC bought a new position in shares of Franklin Electric during the fourth quarter valued at approximately $48,000. Finally, Osaic Holdings Inc. grew its stake in shares of Franklin Electric by 24.3% during the second quarter. Osaic Holdings Inc. now owns 608 shares of the industrial products company's stock valued at $55,000 after buying an additional 119 shares during the last quarter. Institutional investors own 79.98% of the company's stock.

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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