DA Davidson reissued their neutral rating on shares of Franklin Electric (NASDAQ:FELE – Free Report) in a research report released on Wednesday, Marketbeat reports. The brokerage currently has a $90.00 price objective on the industrial products company’s stock.
Other equities analysts have also recently issued reports about the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Franklin Electric in a research note on Monday, December 29th. Wall Street Zen upgraded shares of Franklin Electric from a “hold” rating to a “buy” rating in a report on Saturday, December 6th. Finally, Robert W. Baird set a $112.00 target price on shares of Franklin Electric in a research note on Wednesday, October 29th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $101.00.
Get Our Latest Stock Analysis on Franklin Electric
Franklin Electric Trading Down 2.3%
Franklin Electric (NASDAQ:FELE – Get Free Report) last released its earnings results on Tuesday, February 17th. The industrial products company reported $0.87 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.89 by ($0.02). Franklin Electric had a net margin of 6.90% and a return on equity of 14.52%. The business had revenue of $506.86 million during the quarter, compared to analyst estimates of $516.25 million. During the same period last year, the business earned $0.72 EPS. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. Equities research analysts forecast that Franklin Electric will post 4.19 earnings per share for the current year.
Franklin Electric Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, February 19th. Shareholders of record on Thursday, February 5th will be issued a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, February 5th. This is a positive change from Franklin Electric’s previous quarterly dividend of $0.27. This represents a $1.12 dividend on an annualized basis and a yield of 1.2%. Franklin Electric’s dividend payout ratio (DPR) is presently 36.48%.
Institutional Trading of Franklin Electric
Several institutional investors have recently bought and sold shares of the stock. Quarry LP acquired a new position in Franklin Electric during the third quarter worth $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Franklin Electric in the 4th quarter worth about $35,000. EverSource Wealth Advisors LLC grew its holdings in shares of Franklin Electric by 31.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 101 shares during the last quarter. Farther Finance Advisors LLC increased its position in shares of Franklin Electric by 213.1% during the 4th quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company’s stock worth $43,000 after purchasing an additional 309 shares in the last quarter. Finally, MAI Capital Management lifted its holdings in Franklin Electric by 36.5% during the 2nd quarter. MAI Capital Management now owns 490 shares of the industrial products company’s stock valued at $44,000 after purchasing an additional 131 shares during the last quarter. Institutional investors and hedge funds own 79.98% of the company’s stock.
Franklin Electric News Summary
Here are the key news stories impacting Franklin Electric this week:
- Positive Sentiment: Q4 results show earnings improvement versus a year ago (EPS $0.87 vs $0.72), and management reiterated a multi-hundred-million-dollar sales target range for 2026 while emphasizing margin expansion, which could support higher long-term profitability. Franklin Electric outlines $2.17B–$2.24B sales guidance
- Positive Sentiment: Company issued FY2026 EPS guidance of $4.40–$4.60 (midpoint ~4.50), which aligns with management’s margin-expansion plan and, if achieved, would be accretive versus last year. Earnings call highlights and guidance
- Neutral Sentiment: Revenue showed modest year-over-year growth (+4.4%) but missed estimates, leaving the top-line trajectory unclear; investors will be watching execution on growth initiatives. Q4 Earnings Snapshot
- Neutral Sentiment: Company provided detailed earnings materials and an earnings-call transcript for investors to evaluate guidance assumptions and margin plans. Earnings presentation materials
- Negative Sentiment: Q4 revenue and EPS missed consensus (revenue $506.86M vs est. $516.25M; EPS $0.87 vs est. $0.89), and the revenue miss triggered a sharp intraday sell-off as investors reprice near-term growth expectations. Shares tumble on revenue miss
- Negative Sentiment: DA Davidson reiterated a neutral rating with a $90 price target (near current levels), signaling limited near-term upside and adding analyst caution after the quarter. DA Davidson reiterates neutral
About Franklin Electric
Franklin Electric Co, Inc is a world‐leading manufacturer and distributor of systems and components for moving and managing water and fuel. Headquartered in Fort Wayne, Indiana, the company specializes in designing engineered pumping systems and related controls for residential, commercial and industrial applications.
Founded in 1944, Franklin Electric has built its reputation on submersible and surface pumping solutions for water wells, municipal water and wastewater treatment, irrigation and industrial fluid handling.
See Also
- Five stocks we like better than Franklin Electric
- Your Bank Account Is No Longer Safe
- Nvidia CEO Issues Bold Tesla Call
- Buy this Gold Stock Before May 2026
- What a Former CIA Agent Knows About the Coming Collapse
- This $15 Stock Could Go Down as the #1 Stock of 2026
Receive News & Ratings for Franklin Electric Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Electric and related companies with MarketBeat.com's FREE daily email newsletter.
