Franklin Electric (NASDAQ:FELE) Releases FY 2026 Earnings Guidance

Posted by George Bondi on Jul 29th, 2026

Franklin Electric (NASDAQ:FELE – Get Free Report) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share (EPS) guidance of 4.500-4.700 for the period, compared to the consensus estimate of 4.580. The company issued revenue guidance of $2.2 billion-$2.3 billion, compared to the consensus revenue estimate of $2.2 billion.

Analyst Ratings Changes

FELE has been the subject of a number of research reports. Robert W. Baird increased their price target on Franklin Electric from $118.00 to $124.00 and gave the company a “neutral” rating in a research note on Wednesday. DA Davidson reaffirmed a “neutral” rating and set a $100.00 target price on shares of Franklin Electric in a research note on Tuesday, June 16th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Franklin Electric in a research report on Tuesday, June 9th. Finally, Wall Street Zen raised shares of Franklin Electric from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Three equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, Franklin Electric presently has an average rating of “Hold” and a consensus price target of $112.00.

View Our Latest Analysis on FELE

Franklin Electric Stock Down 1.3%

Shares of FELE stock traded down $1.37 during trading hours on Wednesday, reaching $108.34. 79,015 shares of the company’s stock were exchanged, compared to its average volume of 325,719. Franklin Electric has a 1 year low of $89.54 and a 1 year high of $115.82. The stock has a market cap of $4.79 billion, a PE ratio of 32.67, a PEG ratio of 1.92 and a beta of 1.03. The company has a current ratio of 2.67, a quick ratio of 1.14 and a debt-to-equity ratio of 0.10. The stock’s fifty day moving average price is $102.93 and its two-hundred day moving average price is $100.13.

Franklin Electric (NASDAQ:FELE – Get Free Report) last announced its quarterly earnings data on Tuesday, July 28th. The industrial products company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.44 by $0.11. Franklin Electric had a net margin of 6.91% and a return on equity of 14.86%. The firm had revenue of $622.88 million during the quarter, compared to analyst estimates of $605.92 million. During the same period last year, the firm posted $1.31 EPS. Franklin Electric’s revenue was up 6.0% on a year-over-year basis. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. Research analysts predict that Franklin Electric will post 4.58 EPS for the current year.

Franklin Electric Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Stockholders of record on Thursday, August 6th will be paid a $0.28 dividend. This represents a $1.12 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Thursday, August 6th. Franklin Electric’s dividend payout ratio (DPR) is presently 33.73%.

Insider Buying and Selling

In related news, insider Jonathan M. Grandon sold 8,547 shares of the stock in a transaction that occurred on Tuesday, June 9th. The shares were sold at an average price of $103.40, for a total value of $883,759.80. Following the transaction, the insider owned 7,509 shares in the company, valued at approximately $776,430.60. This represents a 53.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Delancey W. Davis sold 1,900 shares of Franklin Electric stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $100.00, for a total transaction of $190,000.00. Following the transaction, the insider directly owned 10,402 shares of the company’s stock, valued at approximately $1,040,200. This trade represents a 15.44% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 19,835 shares of company stock worth $2,004,982. 2.89% of the stock is owned by insiders.

Key Stories Impacting Franklin Electric

Here are the key news stories impacting Franklin Electric this week:

Positive Sentiment: Q2 earnings beat expectations: Franklin Electric reported adjusted diluted EPS of $1.55, up 18% year over year and above the $1.44 analyst consensus. Revenue rose 6% to $622.9 million, exceeding estimates of approximately $605.9 million. Franklin Electric Tops Q2 Earnings and Revenue Estimates
Positive Sentiment: Broad-based sales growth: Revenue increased across all segments, led by 11% growth in Distribution, 5% in Water Systems and 3% in Energy Systems. Operating income rose 6% to $93.6 million, maintaining a 15% margin. Franklin Electric Reports Second-Quarter Sales Growth
Positive Sentiment: Guidance raised: Management now expects 2026 net sales of $2.21 billion to $2.29 billion and adjusted EPS of $4.50 to $4.70, broadly in line with or slightly above analyst expectations. The increase reflects continued momentum in water treatment, pressure-boosting and mining dewatering applications. Franklin Electric Raises 2026 Outlook
Positive Sentiment: Analyst target increased: Robert W. Baird raised its FELE price target from $118 to $124, implying additional upside based on the referenced share price. However, the firm retained a “neutral” rating. Benzinga Analyst Target Report
Neutral Sentiment: Dividend declared: Franklin Electric announced a quarterly dividend of $0.28 per share, payable August 20 to shareholders of record August 6. The annualized yield is approximately 1%. Franklin Electric Dividend Announcement
Negative Sentiment: Cost and one-time risks remain: Inflation in sourced materials and logistics could pressure margins. Energy Systems also recorded a $4.5 million legal settlement expense, although adjusted Energy Systems operating income increased 11%.

Institutional Trading of Franklin Electric

Hedge funds have recently made changes to their positions in the company. Caxton Associates LLP acquired a new stake in Franklin Electric during the 2nd quarter worth $313,000. Blair William & Co. IL boosted its holdings in shares of Franklin Electric by 27.7% in the third quarter. Blair William & Co. IL now owns 3,104 shares of the industrial products company’s stock valued at $296,000 after acquiring an additional 674 shares during the period. Graham Capital Management L.P. purchased a new position in shares of Franklin Electric during the fourth quarter worth approximately $261,000. CIBC Asset Management Inc raised its position in Franklin Electric by 6.0% in the 4th quarter. CIBC Asset Management Inc now owns 2,576 shares of the industrial products company’s stock valued at $246,000 after purchasing an additional 145 shares during the last quarter. Finally, Cibc World Markets Corp purchased a new position in Franklin Electric during the 4th quarter worth $245,000. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Franklin Electric Company Profile

(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.