Seaport Res Ptn Has Pessimistic Outlook of FELE Q2 Earnings

Franklin Electric Co., Inc. (NASDAQ:FELE) – Equities researchers at Seaport Res Ptn lowered their Q2 2025 earnings estimates for Franklin Electric in a report issued on Wednesday, April 30th. Seaport Res Ptn analyst W. Liptak now forecasts that the industrial products company will post earnings per share of $1.29 for the quarter, down from their prior 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 Q3 2025 earnings at $1.31 EPS, FY2025 earnings at $4.14 EPS, Q2 2026 earnings at $1.47 EPS, Q3 2026 earnings at $1.45 EPS, Q4 2026 earnings at $1.01 EPS and FY2026 earnings at $4.77 EPS.

A number of other brokerages also recently commented on FELE. StockNews.com downgraded Franklin Electric from a “buy” rating to a “hold” rating in a research report on Thursday. Robert W. Baird decreased their price target on Franklin Electric from $111.00 to $94.00 and set a “neutral” rating for the company in a research report on Wednesday.

Franklin Electric Stock Up 3.5 %

NASDAQ FELE opened at $88.35 on Friday. The company has a market capitalization of $4.04 billion, a P/E ratio of 22.95, a PEG ratio of 2.11 and a beta of 1.02. Franklin Electric has a 12 month low of $78.87 and a 12 month high of $111.94. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.22 and a quick ratio of 1.06. The company’s 50 day simple moving average is $93.47 and its 200 day simple moving average is $99.13.

Franklin Electric (NASDAQ:FELE) last issued its quarterly earnings results on Tuesday, April 29th. The industrial products company reported $0.67 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.73 by ($0.06). The firm had revenue of $455.25 million for the quarter, compared to analyst estimates of $471.21 million. Franklin Electric had a net margin of 8.92% and a return on equity of 14.46%. The firm’s revenue for the quarter was down 1.2% compared to the same quarter last year. During the same quarter last year, the business posted $0.70 earnings per share.

Franklin Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, May 22nd. Shareholders of record on Thursday, May 8th will be given a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a yield of 1.20%. The ex-dividend date is Thursday, May 8th. Franklin Electric’s payout ratio is 27.75%.

Insider Buying and Selling at Franklin Electric

In related news, insider Delancey W. Davis sold 961 shares of the company’s stock in a transaction on Wednesday, February 26th. The stock was sold at an average price of $103.14, for a total transaction of $99,117.54. Following the transaction, the insider now directly owns 7,701 shares of the company’s stock, valued at approximately $794,281.14. The trade was a 11.09 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 2.72% of the company’s stock.

Hedge Funds Weigh In On Franklin Electric

Several institutional investors and hedge funds have recently bought and sold shares of the business. Barclays PLC boosted its holdings in shares of Franklin Electric by 237.3% during the third quarter. Barclays PLC now owns 87,620 shares of the industrial products company’s stock worth $9,184,000 after purchasing an additional 61,640 shares during the period. Tidal Investments LLC grew its holdings in shares of Franklin Electric by 12.5% during the 3rd quarter. Tidal Investments LLC now owns 13,518 shares of the industrial products company’s stock valued at $1,417,000 after acquiring an additional 1,502 shares in the last quarter. Franklin Resources Inc. grew its holdings in shares of Franklin Electric by 9.9% during the 3rd quarter. Franklin Resources Inc. now owns 10,111 shares of the industrial products company’s stock valued at $1,076,000 after acquiring an additional 914 shares in the last quarter. JPMorgan Chase & Co. raised its holdings in shares of Franklin Electric by 26.1% during the third quarter. JPMorgan Chase & Co. now owns 154,305 shares of the industrial products company’s stock worth $16,174,000 after acquiring an additional 31,937 shares in the last quarter. Finally, GAMMA Investing LLC boosted its position in Franklin Electric by 14.5% during the fourth quarter. GAMMA Investing LLC now owns 1,398 shares of the industrial products company’s stock valued at $136,000 after purchasing an additional 177 shares during the last quarter. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Franklin Electric Company Profile

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.