Franklin Electric (NASDAQ:FELE) Stock Passes Above 200 Day Moving Average – Here’s Why

Posted by Stanley Muller on May 16th, 2026

Franklin Electric Co., Inc. (NASDAQ:FELE – Get Free Report)’s stock price crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $97.53 and traded as high as $98.83. Franklin Electric shares last traded at $98.30, with a volume of 185,032 shares.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on FELE. Wall Street Zen upgraded Franklin Electric from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. DA Davidson restated a “neutral” rating and set a $100.00 price target on shares of Franklin Electric in a report on Wednesday, April 29th. Three investment analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $106.00.

Read Our Latest Stock Report on Franklin Electric

Franklin Electric Price Performance

The company has a fifty day moving average of $96.79 and a 200 day moving average of $97.52. The firm has a market capitalization of $4.24 billion, a P/E ratio of 28.94, a PEG ratio of 1.79 and a beta of 1.07. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.67 and a quick ratio of 1.14.

Franklin Electric (NASDAQ:FELE – Get Free Report) last announced its earnings results on Tuesday, April 28th. The industrial products company reported $0.83 EPS for the quarter, beating the consensus estimate of $0.77 by $0.06. Franklin Electric had a return on equity of 14.86% and a net margin of 6.91%.The business had revenue of $500.44 million for the quarter, compared to analysts’ expectations of $479.21 million. During the same period in the prior year, the business posted $0.67 earnings per share. The firm’s revenue was up 9.9% on a year-over-year basis. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. Sell-side analysts predict that Franklin Electric Co., Inc. will post 4.58 earnings per share for the current year.

Franklin Electric Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, May 21st. Investors of record on Thursday, May 7th will be issued a $0.28 dividend. The ex-dividend date is Thursday, May 7th. This represents a $1.12 annualized dividend and a yield of 1.2%. Franklin Electric’s dividend payout ratio is presently 33.73%.

Insider Activity at Franklin Electric

In related news, insider Jonathan M. Grandon sold 4,988 shares of the company’s stock in a transaction that occurred on Thursday, April 30th. The stock was sold at an average price of $100.02, for a total value of $498,899.76. Following the sale, the insider directly owned 7,509 shares in the company, valued at $751,050.18. This represents a 39.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CEO Joseph A. Ruzynski purchased 500 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were acquired at an average price of $93.34 per share, for a total transaction of $46,670.00. Following the completion of the acquisition, the chief executive officer directly owned 22,722 shares in the company, valued at approximately $2,120,871.48. This represents a 2.25% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Corporate insiders own 2.89% of the company’s stock.

Hedge Funds Weigh In On Franklin Electric

A number of institutional investors and hedge funds have recently modified their holdings of FELE. Norges Bank bought a new position in shares of Franklin Electric during the 4th quarter worth approximately $50,010,000. Amundi boosted its holdings in shares of Franklin Electric by 134.8% during the 3rd quarter. Amundi now owns 624,481 shares of the industrial products company’s stock worth $59,424,000 after buying an additional 358,517 shares in the last quarter. Fort Washington Investment Advisors Inc. OH bought a new position in shares of Franklin Electric during the 4th quarter worth approximately $27,266,000. Segall Bryant & Hamill LLC bought a new position in shares of Franklin Electric during the 3rd quarter worth approximately $24,223,000. Finally, Qube Research & Technologies Ltd boosted its holdings in shares of Franklin Electric by 70.1% during the 2nd quarter. Qube Research & Technologies Ltd now owns 486,523 shares of the industrial products company’s stock worth $43,661,000 after buying an additional 200,545 shares in the last quarter. 79.98% of the stock is currently owned by institutional investors.

About Franklin Electric

(Get Free Report)

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.