Insider Selling: Franklin Electric (NASDAQ:FELE) Insider Sells $19,756.00 in Stock

Key Points

• Insider sale: Delancey Davis sold 200 FELE shares at an average price of $98.78 for $19,756, reducing their stake to 12,302 shares (a 1.6% ownership decrease).
• Q1 results and guidance: Franklin Electric reported $0.83 EPS on $500.44M revenue—both above estimates—and set FY2026 guidance of $4.40–$4.60 EPS (analysts project about $4.58).
• Dividend and stock reaction: The company announced a $0.28 quarterly dividend (annualized $1.12, 1.1% yield, ex-dividend May 7), and shares traded around $99.95, up roughly 1.1% on the day.

Franklin Electric Co., Inc. (NASDAQ:FELE - Get Free Report) insider Delancey Davis sold 200 shares of the firm's stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $98.78, for a total transaction of $19,756.00. Following the completion of the sale, the insider directly owned 12,302 shares in the company, valued at $1,215,191.56. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Franklin Electric Trading Up 1.1%

Franklin Electric stock traded up $1.06 during trading on Tuesday, reaching $99.95. The company had a trading volume of 72,425 shares, compared to its average volume of 348,293. Franklin Electric Co., Inc. has a 12-month low of $83.42 and a 12-month high of $111.53. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.67. The stock's 50 day moving average price is $96.79 and its two-hundred day moving average price is $97.46. The firm has a market capitalization of $4.42 billion, a price-to-earnings ratio of 30.10, a PEG ratio of 1.81 and a beta of 1.07.

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

Franklin Electric Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 7th will be given a dividend of $0.28 per share. This represents a $1.12 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, May 7th. Franklin Electric's dividend payout ratio is 33.73%.

Wall Street Analyst Weigh In

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

Institutional Investors Weigh In On Franklin Electric

Several hedge funds and other institutional investors have recently bought and sold shares of the business. Quarry LP bought a new position in shares of Franklin Electric in the third quarter valued at $28,000. Aster Capital Management DIFC Ltd purchased a new position in Franklin Electric in the 4th quarter worth about $35,000. EverSource Wealth Advisors LLC lifted its stake in 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 in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Franklin Electric by 213.1% in the fourth quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company's stock worth $43,000 after buying an additional 309 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in shares of Franklin Electric in the fourth quarter worth approximately $48,000. 79.98% of the stock is currently owned by institutional investors.

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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