Seaport Res Ptn Has Negative Forecast for FELE Q3 Earnings

Key Points

• Seaport Res Ptn has reduced its Q3 2025 earnings per share estimate for Franklin Electric from $1.31 to $1.29, while the current full-year earnings estimate stands at $4.19 per share.
• Franklin Electric reported a quarterly earnings of $1.31 EPS, exceeding analysts' expectations of $1.28, along with a revenue of $587.43 million for the quarter.
• Insiders sold a total of 99,402 shares of Franklin Electric stock worth over $8.5 million in the past ninety days, indicating potential insider sentiment about the stock's performance.

Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) - Equities research analysts at Seaport Res Ptn cut their Q3 2025 earnings per share estimates for Franklin Electric in a research note issued on Wednesday, July 30th. Seaport Res Ptn analyst W. Liptak now anticipates that the industrial products company will post earnings per share of $1.29 for the quarter, down from their previous forecast of $1.31. 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 FY2025 earnings at $4.15 EPS and Q2 2026 earnings at $1.52 EPS.

Franklin Electric (NASDAQ:FELE - Get Free Report) last issued its quarterly earnings data on Tuesday, July 29th. The industrial products company reported $1.31 EPS for the quarter, beating analysts' consensus estimates of $1.28 by $0.03. Franklin Electric had a return on equity of 14.05% and a net margin of 8.71%. The business had revenue of $587.43 million for the quarter, compared to analyst estimates of $566.61 million.

A number of other analysts have also recently weighed in on FELE. Robert W. Baird set a $107.00 price objective on shares of Franklin Electric and gave the stock a "neutral" rating in a research note on Wednesday. Wall Street Zen upgraded shares of Franklin Electric from a "hold" rating to a "buy" rating in a report on Wednesday, May 14th.

Franklin Electric Stock Down 0.5%

Shares of Franklin Electric stock opened at $93.95 on Friday. Franklin Electric has a 12-month low of $78.87 and a 12-month high of $111.94. The company has a quick ratio of 0.82, a current ratio of 1.72 and a debt-to-equity ratio of 0.01. The stock has a 50 day moving average price of $89.30 and a two-hundred day moving average price of $93.05. The stock has a market capitalization of $4.28 billion, a P/E ratio of 24.28, a PEG ratio of 1.91 and a beta of 1.07.

Hedge Funds Weigh In On Franklin Electric

Several institutional investors and hedge funds have recently added to or reduced their stakes in FELE. Farther Finance Advisors LLC lifted its position in shares of Franklin Electric by 168.5% in the 1st quarter. Farther Finance Advisors LLC now owns 290 shares of the industrial products company's stock worth $28,000 after acquiring an additional 182 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Franklin Electric in the first quarter worth $46,000. Public Employees Retirement System of Ohio acquired a new stake in Franklin Electric during the fourth quarter worth $52,000. Covestor Ltd boosted its stake in Franklin Electric by 27.4% during the first quarter. Covestor Ltd now owns 731 shares of the industrial products company's stock worth $69,000 after buying an additional 157 shares in the last quarter. Finally, USA Financial Formulas increased its holdings in Franklin Electric by 50.0% in the 1st quarter. USA Financial Formulas now owns 900 shares of the industrial products company's stock valued at $84,000 after buying an additional 300 shares during the period. 79.98% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director David M. Wathen sold 24,000 shares of the firm's stock in a transaction on Wednesday, June 4th. The shares were sold at an average price of $86.10, for a total value of $2,066,400.00. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director David M. Wathen sold 25,000 shares of the firm's stock in a transaction on Tuesday, June 3rd. The stock was sold at an average price of $85.25, for a total transaction of $2,131,250.00. Following the completion of the sale, the director owned 24,000 shares in the company, valued at $2,046,000. This represents a 51.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 99,402 shares of company stock worth $8,529,908 in the last ninety days. Insiders own 2.72% of the company's stock.

Franklin Electric Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, August 21st. Shareholders of record on Thursday, August 7th will be issued a $0.265 dividend. The ex-dividend date of this dividend is Thursday, August 7th. This represents a $1.06 dividend on an annualized basis and a yield of 1.1%. Franklin Electric's dividend payout ratio (DPR) is 27.75%.

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

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.

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