Jonathan Grandon Sells 4,200 Shares of Franklin Electric (NASDAQ:FELE) Stock

Posted by Brian Himes on May 29th, 2026

Franklin Electric Co., Inc. (NASDAQ:FELE – Get Free Report) insider Jonathan Grandon sold 4,200 shares of the stock in a transaction that occurred on Friday, May 22nd. The shares were sold at an average price of $98.23, for a total transaction of $412,566.00. Following the completion of the sale, the insider directly owned 7,509 shares in the company, valued at approximately $737,609.07. This represents a 35.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Franklin Electric Trading Down 2.0%

FELE opened at $99.09 on Friday. Franklin Electric Co., Inc. has a one year low of $84.31 and a one year high of $111.53. The company has a market cap of $4.38 billion, a P/E ratio of 29.85, a PEG ratio of 1.84 and a beta of 1.07. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.67. The business’s 50-day simple moving average is $97.60 and its 200-day simple moving average is $97.73.

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

Franklin Electric Announces Dividend

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

Institutional Trading of Franklin Electric

Institutional investors and hedge funds have recently modified their holdings of the business. Quarry LP purchased a new position in shares of Franklin Electric during the third quarter valued at approximately $28,000. Aster Capital Management DIFC Ltd purchased a new position in Franklin Electric during the fourth quarter worth about $35,000. EverSource Wealth Advisors LLC lifted its position in Franklin Electric by 31.2% during the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock worth $38,000 after buying an additional 101 shares during the period. Farther Finance Advisors LLC lifted its position in Franklin Electric by 213.1% during the fourth quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company’s stock worth $43,000 after buying an additional 309 shares during the period. Finally, Kestra Advisory Services LLC purchased a new position in Franklin Electric during the fourth quarter worth about $48,000. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Analyst Upgrades and Downgrades

FELE has been the topic of a number of analyst reports. DA Davidson restated a “neutral” rating and issued a $100.00 price target on shares of Franklin Electric in a research note on Wednesday, April 29th. Wall Street Zen raised Franklin Electric from a “hold” rating to a “buy” rating in a report on Saturday, May 2nd. Three equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $106.00.

Read Our Latest Stock Report on Franklin Electric

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.