Seaport Res Ptn Issues Optimistic Outlook for FELE Earnings

Key Points

• Seaport Res Ptn has increased its Q4 2025 earnings estimate for Franklin Electric Co., Inc. to $0.88 per share, slightly up from the previous estimate of $0.87.
• Franklin Electric recently reported a quarterly EPS of $1.31, beating the consensus estimate by $0.03, and had a revenue of $587.43 million for the quarter.
• The company also announced a stock repurchase program allowing for the reacquisition of 1,200,000 shares, indicating management's belief that the stock is undervalued.

Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) - Research analysts at Seaport Res Ptn raised their Q4 2025 EPS estimates for Franklin Electric in a note issued to investors on Wednesday, July 30th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings of $0.88 per share for the quarter, up from their prior forecast of $0.87. The consensus estimate for Franklin Electric's current full-year earnings is $4.19 per share. Seaport Res Ptn also issued estimates for Franklin Electric's Q1 2026 earnings at $0.74 EPS, Q3 2026 earnings at $1.50 EPS, Q4 2026 earnings at $1.07 EPS and FY2026 earnings at $4.84 EPS.

Franklin Electric (NASDAQ:FELE - Get Free Report) last announced its earnings results on Tuesday, July 29th. The industrial products company reported $1.31 earnings per share for the quarter, beating the consensus estimate of $1.28 by $0.03. The business had revenue of $587.43 million during the quarter, compared to the consensus estimate of $566.61 million. Franklin Electric had a net margin of 8.71% and a return on equity of 14.05%.

A number of other research firms have also commented on FELE. Wall Street Zen raised shares of Franklin Electric from a "hold" rating to a "buy" rating in a research note on Wednesday, May 14th. Robert W. Baird raised their price objective on shares of Franklin Electric from $94.00 to $107.00 and gave the stock a "neutral" rating in a research note on Wednesday.

Franklin Electric Stock Performance

Shares of FELE stock traded down $0.80 during trading hours on Thursday, reaching $93.15. The stock had a trading volume of 313,667 shares, compared to its average volume of 247,908. The firm has a 50-day simple moving average of $89.30 and a 200-day simple moving average of $93.05. The firm has a market capitalization of $4.25 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 1.90 and a beta of 1.08. The company has a debt-to-equity ratio of 0.01, a current ratio of 1.72 and a quick ratio of 0.82. Franklin Electric has a twelve month low of $78.87 and a twelve month high of $111.94.

Franklin Electric declared that its Board of Directors has authorized a stock buyback plan on Friday, June 13th that authorizes the company to repurchase 1,200,000 shares. This repurchase authorization authorizes the industrial products company to repurchase shares of its stock through open market purchases. Stock repurchase plans are typically an indication that the company's board believes its shares are undervalued.

Franklin Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Stockholders of record on Thursday, August 7th will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, August 7th. Franklin Electric's payout ratio is presently 27.75%.

Insider Activity

In other Franklin Electric news, Director David M. Wathen sold 24,000 shares of the business's stock in a transaction that occurred on Wednesday, June 4th. The stock was sold at an average price of $86.10, for a total value of $2,066,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director David M. Wathen sold 25,402 shares of the company's stock in a transaction that occurred on Monday, June 2nd. The stock was sold at an average price of $85.22, for a total value of $2,164,758.44. Following the sale, the director owned 49,000 shares in the company, valued at approximately $4,175,780. This represents a 34.14% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 99,402 shares of company stock valued at $8,529,908 over the last 90 days. Corporate insiders own 2.72% of the company's stock.

Institutional Investors Weigh In On Franklin Electric

Large investors have recently added to or reduced their stakes in the business. Norges Bank acquired a new stake in shares of Franklin Electric during the 4th quarter worth $56,968,000. Nuveen LLC bought a new position in shares of Franklin Electric during the first quarter worth about $41,837,000. GAMMA Investing LLC grew its stake in Franklin Electric by 13,673.1% during the first quarter. GAMMA Investing LLC now owns 192,548 shares of the industrial products company's stock worth $18,076,000 after purchasing an additional 191,150 shares during the period. Jacobs Levy Equity Management Inc. acquired a new stake in Franklin Electric in the first quarter valued at approximately $12,592,000. Finally, Jones Financial Companies Lllp purchased a new position in shares of Franklin Electric during the first quarter valued at approximately $10,005,000. Institutional investors own 79.98% of the company's stock.

About Franklin Electric

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.