What is DA Davidson’s Estimate for FELE Q1 Earnings?

Franklin Electric Co., Inc. (NASDAQ:FELE) – Equities researchers at DA Davidson issued their Q1 2025 earnings per share estimates for shares of Franklin Electric in a report released on Wednesday, February 19th. DA Davidson analyst M. Summerville forecasts that the industrial products company will post earnings of $0.73 per share for the quarter. The consensus estimate for Franklin Electric’s current full-year earnings is $4.20 per share. DA Davidson also issued estimates for Franklin Electric’s FY2025 earnings at $4.15 EPS.

Separately, Robert W. Baird lowered their target price on Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th.

Franklin Electric Trading Down 0.0 %

FELE stock opened at $106.00 on Thursday. Franklin Electric has a 1-year low of $91.67 and a 1-year high of $111.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.40 and a quick ratio of 1.06. The company has a market capitalization of $4.84 billion, a price-to-earnings ratio of 27.53, a PEG ratio of 2.10 and a beta of 1.00. The business has a 50 day simple moving average of $99.33 and a two-hundred day simple moving average of $101.65.

Franklin Electric (NASDAQ:FELE) last released its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.72 EPS for the quarter, beating the consensus estimate of $0.69 by $0.03. The firm had revenue of $485.75 million during the quarter, compared to analyst estimates of $465.87 million. Franklin Electric had a net margin of 8.92% and a return on equity of 14.54%.

Franklin Electric Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were given a dividend of $0.265 per share. This is an increase from Franklin Electric’s previous quarterly dividend of $0.25. The ex-dividend date was Thursday, February 6th. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.00%. Franklin Electric’s dividend payout ratio is presently 27.53%.

Institutional Investors Weigh In On Franklin Electric

A number of institutional investors have recently added to or reduced their stakes in FELE. CWM LLC boosted its stake in shares of Franklin Electric by 16.7% in the third quarter. CWM LLC now owns 684 shares of the industrial products company’s stock worth $72,000 after acquiring an additional 98 shares during the last quarter. Covestor Ltd boosted its stake in shares of Franklin Electric by 15.6% in the third quarter. Covestor Ltd now owns 765 shares of the industrial products company’s stock worth $80,000 after acquiring an additional 103 shares during the last quarter. Blue Trust Inc. boosted its stake in shares of Franklin Electric by 55.7% in the third quarter. Blue Trust Inc. now owns 299 shares of the industrial products company’s stock worth $29,000 after acquiring an additional 107 shares during the last quarter. Mariner LLC boosted its stake in shares of Franklin Electric by 1.8% in the fourth quarter. Mariner LLC now owns 6,471 shares of the industrial products company’s stock worth $631,000 after acquiring an additional 116 shares during the last quarter. Finally, BHK Investment Advisors LLC boosted its stake in Franklin Electric by 2.5% during the fourth quarter. BHK Investment Advisors LLC now owns 5,139 shares of the industrial products company’s stock worth $501,000 after buying an additional 125 shares during the last quarter. 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.