Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases New Shares in Franklin Electric Co., Inc. $FELE

Posted by George Bondi on May 24th, 2026

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new position in shares of Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund acquired 16,355 shares of the industrial products company’s stock, valued at approximately $1,562,000.

A number of other large investors also recently bought and sold shares of the company. First Trust Advisors LP raised its position in Franklin Electric by 4.8% during the 3rd quarter. First Trust Advisors LP now owns 1,626,797 shares of the industrial products company’s stock worth $154,871,000 after buying an additional 74,700 shares during the last quarter. Amundi raised its position in 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 during the last quarter. Invesco Ltd. raised its position in Franklin Electric by 9.2% during the 2nd quarter. Invesco Ltd. now owns 607,040 shares of the industrial products company’s stock worth $54,476,000 after buying an additional 50,895 shares during the last quarter. Qube Research & Technologies Ltd raised its position in 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 during the last quarter. Finally, Assenagon Asset Management S.A. raised its position in Franklin Electric by 79.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 375,251 shares of the industrial products company’s stock worth $35,848,000 after buying an additional 165,646 shares during the last quarter. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Wall Street Analyst Weigh In

FELE has been the subject of a number of analyst reports. DA Davidson restated a “neutral” rating and set a $100.00 price objective on shares of Franklin Electric in a research report on Wednesday, April 29th. Wall Street Zen upgraded shares of Franklin Electric from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $106.00.

Check Out Our Latest Report on FELE

Insider Buying and Selling at Franklin Electric

In other news, insider Jonathan M. Grandon sold 4,988 shares of the company’s stock in a transaction on Thursday, April 30th. The shares were sold at an average price of $100.02, for a total transaction of $498,899.76. Following the transaction, the insider directly owned 7,509 shares of the company’s stock, valued at $751,050.18. This represents a 39.91% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 2.89% of the stock is currently owned by company insiders.

Franklin Electric Stock Performance

NASDAQ:FELE opened at $98.28 on Friday. The company has a quick ratio of 1.14, a current ratio of 2.67 and a debt-to-equity ratio of 0.10. Franklin Electric Co., Inc. has a fifty-two week low of $83.42 and a fifty-two week high of $111.53. The stock has a market cap of $4.34 billion, a PE ratio of 29.60, a price-to-earnings-growth ratio of 1.79 and a beta of 1.07. The firm’s fifty day simple moving average is $96.93 and its 200-day simple moving average is $97.56.

Franklin Electric (NASDAQ:FELE – Get Free Report) last posted its quarterly earnings results on Tuesday, April 28th. The industrial products company reported $0.83 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.06. Franklin Electric had a net margin of 6.91% and a return on equity of 14.86%. 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 company posted $0.67 EPS. The business’s revenue for the quarter was up 9.9% on a year-over-year basis. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. Analysts expect that Franklin Electric Co., Inc. will post 4.58 earnings per share for the current fiscal year.

Franklin Electric Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, May 21st. Stockholders of record on Thursday, May 7th were paid a dividend of $0.28 per share. The ex-dividend date of this dividend was Thursday, May 7th. This represents a $1.12 dividend on an annualized basis and a dividend yield of 1.1%. Franklin Electric’s dividend payout ratio is 33.73%.

Franklin Electric Profile

(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.