Seaport Res Ptn Has Positive Outlook for FELE Q3 Earnings

Franklin Electric Co., Inc. (NASDAQ:FELE) – Research analysts at Seaport Res Ptn lifted their Q3 2025 EPS estimates for shares of Franklin Electric in a report released on Wednesday, February 19th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings of $1.30 per share for the quarter, up from their prior forecast of $1.29. The consensus estimate for Franklin Electric’s current full-year earnings is $4.19 per share.

Franklin Electric (NASDAQ:FELE) last issued its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $485.75 million for the quarter, compared to the consensus estimate of $465.87 million. Franklin Electric had a net margin of 8.92% and a return on equity of 14.46%.

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

Franklin Electric Price Performance

NASDAQ FELE opened at $104.24 on Friday. The company has a market cap of $4.76 billion, a PE ratio of 27.08, a price-to-earnings-growth ratio of 2.11 and a beta of 1.00. Franklin Electric has a 52 week low of $91.67 and a 52 week high of $111.94. The company has a quick ratio of 1.06, a current ratio of 2.22 and a debt-to-equity ratio of 0.01. The firm’s 50-day simple moving average is $99.33 and its two-hundred day simple moving average is $101.65.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in FELE. Norges Bank purchased a new position in shares of Franklin Electric in the fourth quarter worth $56,968,000. Allianz Asset Management GmbH increased its stake in shares of Franklin Electric by 21.6% in the fourth quarter. Allianz Asset Management GmbH now owns 811,682 shares of the industrial products company’s stock worth $79,098,000 after buying an additional 143,917 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Franklin Electric in the fourth quarter worth $134,000. JPMorgan Chase & Co. increased its stake in shares of Franklin Electric by 60.1% in the fourth quarter. JPMorgan Chase & Co. now owns 247,098 shares of the industrial products company’s stock worth $24,080,000 after buying an additional 92,793 shares during the period. Finally, Wealthfront Advisers LLC purchased a new position in shares of Franklin Electric in the fourth quarter worth $8,046,000. 79.98% of the stock is owned by hedge funds and other institutional investors.

Franklin Electric Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th were issued a $0.265 dividend. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.02%. This is a positive change from Franklin Electric’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Thursday, February 6th. Franklin Electric’s payout ratio is presently 27.53%.

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.