Seaport Res Ptn Has Pessimistic Outlook of FELE Q1 Earnings

Franklin Electric Co., Inc. (NASDAQ:FELE) – Stock analysts at Seaport Res Ptn decreased their Q1 2025 EPS estimates for shares of Franklin Electric in a research report issued to clients and investors on Wednesday, February 19th. Seaport Res Ptn analyst W. Liptak now expects that the industrial products company will post earnings of $0.71 per share for the quarter, down from their previous forecast of $0.77. The consensus estimate for Franklin Electric’s current full-year earnings is $3.82 per share. Seaport Res Ptn also issued estimates for Franklin Electric’s Q2 2025 earnings at $1.31 EPS, Q4 2025 earnings at $0.87 EPS, FY2025 earnings at $4.20 EPS, Q1 2026 earnings at $0.84 EPS, Q2 2026 earnings at $1.48 EPS, Q3 2026 earnings at $1.44 EPS, Q4 2026 earnings at $1.00 EPS and FY2026 earnings at $4.75 EPS.

Separately, Robert W. Baird lowered their price target on shares of 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 Price Performance

Shares of FELE opened at $106.03 on Thursday. The company has a 50 day moving average price of $99.33 and a 200-day moving average price of $101.62. Franklin Electric has a fifty-two week low of $91.67 and a fifty-two week high of $111.94. The stock has a market capitalization of $4.84 billion, a PE ratio of 26.84, a PEG ratio of 1.96 and a beta of 1.00. The company has a debt-to-equity ratio of 0.01, a quick ratio of 1.06 and a current ratio of 2.40.

Franklin Electric (NASDAQ:FELE) last released its quarterly earnings data on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.69 by $0.03. Franklin Electric had a net margin of 9.22% and a return on equity of 15.03%. The company had revenue of $485.75 million during the quarter, compared to analysts’ expectations of $465.87 million.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of Franklin Electric by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 4,769,582 shares of the industrial products company’s stock worth $464,796,000 after acquiring an additional 45,174 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Franklin Electric by 0.9% during the 3rd quarter. Geode Capital Management LLC now owns 1,004,057 shares of the industrial products company’s stock worth $105,264,000 after acquiring an additional 9,170 shares in the last quarter. Allianz Asset Management GmbH raised its stake in shares of Franklin Electric by 21.6% during the 4th quarter. Allianz Asset Management GmbH now owns 811,682 shares of the industrial products company’s stock worth $79,098,000 after acquiring an additional 143,917 shares in the last quarter. Boston Trust Walden Corp raised its stake in shares of Franklin Electric by 0.6% during the 3rd quarter. Boston Trust Walden Corp now owns 659,057 shares of the industrial products company’s stock worth $69,082,000 after acquiring an additional 3,847 shares in the last quarter. Finally, Norges Bank bought a new position in shares of Franklin Electric during the 4th quarter worth approximately $56,968,000. Institutional investors own 79.98% of the company’s stock.

Franklin Electric Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be given a $0.265 dividend. This represents a $1.06 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Franklin Electric’s previous quarterly dividend of $0.25. Franklin Electric’s dividend payout ratio is presently 26.84%.

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.