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

Franklin Electric (NASDAQ:FELE) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided EPS guidance of 4.400-4.600 for the period, compared to the consensus EPS estimate of 4.500. The company issued revenue guidance of $2.2 billion-$2.2 billion, compared to the consensus revenue estimate of $2.2 billion.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on FELE shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Franklin Electric in a research report on Monday, December 29th. Robert W. Baird set a $112.00 price target on Franklin Electric in a research report on Wednesday, October 29th. Finally, Wall Street Zen upgraded shares of Franklin Electric from a “hold” rating to a “buy” rating in a research report on Saturday, December 6th. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat.com, Franklin Electric currently has an average rating of “Hold” and a consensus target price of $112.00.

Franklin Electric Stock Performance

Shares of NASDAQ FELE opened at $94.55 on Tuesday. The stock has a market cap of $4.21 billion, a PE ratio of 35.49, a price-to-earnings-growth ratio of 1.93 and a beta of 1.08. Franklin Electric has a 1 year low of $78.87 and a 1 year high of $111.53. The firm has a fifty day moving average price of $100.32 and a 200-day moving average price of $97.10. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.54 and a quick ratio of 1.12.

Franklin Electric (NASDAQ:FELE) last released its quarterly earnings data on Tuesday, February 17th. The industrial products company reported $0.87 earnings per share for the quarter, missing the consensus estimate of $0.89 by ($0.02). Franklin Electric had a net margin of 6.71% and a return on equity of 14.24%. The firm had revenue of $506.86 million during the quarter, compared to the consensus estimate of $516.25 million. During the same quarter in the previous year, the firm earned $0.72 earnings per share. The business’s revenue was up 4.4% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.400-4.600 EPS. Equities analysts anticipate that Franklin Electric will post 4.19 earnings per share for the current fiscal year.

Franklin Electric Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, February 19th. Stockholders of record on Thursday, February 5th will be issued a dividend of $0.28 per share. This is a positive change from Franklin Electric’s previous quarterly dividend of $0.27. The ex-dividend date of this dividend is Thursday, February 5th. This represents a $1.12 annualized dividend and a dividend yield of 1.2%. Franklin Electric’s payout ratio is presently 36.48%.

Institutional Investors Weigh In On Franklin Electric

Institutional investors have recently modified their holdings of the business. Quarry LP acquired a new stake in Franklin Electric in the 3rd quarter valued at about $28,000. Aster Capital Management DIFC Ltd purchased a new stake in shares of Franklin Electric in the fourth quarter valued at approximately $35,000. EverSource Wealth Advisors LLC increased its holdings in shares of Franklin Electric by 31.2% in the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock valued at $38,000 after purchasing an additional 101 shares during the last quarter. Kestra Advisory Services LLC purchased a new position in Franklin Electric during the fourth quarter worth approximately $48,000. Finally, Osaic Holdings Inc. boosted its stake in Franklin Electric by 24.3% during the second quarter. Osaic Holdings Inc. now owns 608 shares of the industrial products company’s stock worth $55,000 after buying an additional 119 shares during the last quarter. 79.98% of the stock is currently owned by institutional investors and hedge funds.

Franklin Electric Company Profile

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.