Franklin Electric Co., Inc. (FELE)

NASDAQ: FELE · IEX Real-Time Price · USD
101.70
-0.22 (-0.22%)
May 14, 2024, 4:00 PM EDT - Market closed
-0.22%
Market Cap 4.69B
Revenue (ttm) 2.04B
Net Income (ttm) 188.91M
Shares Out 46.08M
EPS (ttm) 4.02
PE Ratio 25.30
Forward PE 22.42
Dividend $1.00 (0.98%)
Ex-Dividend Date May 1, 2024
Volume 124,670
Open 102.65
Previous Close 101.92
Day's Range 101.07 - 102.84
52-Week Range 82.61 - 107.89
Beta 0.99
Analysts Buy
Price Target 93.33 (-8.23%)
Earnings Date Apr 30, 2024

About FELE

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Fueling Systems, and Distribution segments. The Water Systems segment offers submersible motors, drives, pumps, electronic controls, water treatment systems, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, municipal, and industrial applicat... [Read more]

Sector Industrials
Founded 1944
Employees 6,400
Stock Exchange NASDAQ
Ticker Symbol FELE
Full Company Profile

Financial Performance

In 2023, FELE's revenue was $2.07 billion, an increase of 1.05% compared to the previous year's $2.04 billion. Earnings were $193.27 million, an increase of 3.17%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FELE stock is "Buy." The 12-month stock price forecast is $93.33, which is a decrease of -8.23% from the latest price.

Price Target
$93.33
(-8.23% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Franklin Electric Appoints Joe Ruzynski as CEO; Gregg Sengstack Remains Executive Chairperson

FORT WAYNE, Ind., May 14, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in water and energy systems, announced today that its Board of Directors has appointed Jo...

1 day ago - GlobeNewsWire

24 Dividend Aristocrats in the stock market with the fastest-growing payouts

At a time when investors expect interest rates to remain high as the Federal Reserve seeks to keep the lid on inflation, dividend stocks may not be dominating the attention of income-seeking investors...

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13 days ago - Market Watch

Franklin Electric Reports First Quarter 2024 Results

First Quarter 2024 Highlights Consolidated net sales of $460.9 million, a decrease of 5% to the prior year Distribution net sales increased 3%, while Water Systems and Fueling Systems net sales decrea...

15 days ago - GlobeNewsWire

Franklin Electric Declares Quarterly Dividend of $0.25 Per Share

FORT WAYNE, Ind., April 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payabl...

23 days ago - GlobeNewsWire

Franklin Electric Schedules Its First Quarter 2024 Earnings Release and Conference Call

FORT WAYNE, Ind., April 16, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2024 earnings at 8:00 am ET on Tuesday, April 30, 2024. A conference call...

4 weeks ago - GlobeNewsWire

Franklin Electric Reports Fourth Quarter 2023 and Full Year 2023 Results

Fourth Quarter 2023 Highlights Consolidated net sales of $473.0 million, a decrease of 3% to the prior year Water Systems and Distribution net sales decreased by 1% each, while Fueling Systems net sal...

3 months ago - GlobeNewsWire

Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2023 Earnings Release and Conference Call

FORT WAYNE, Ind., Jan. 30, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2023 earnings at 8:00 am ET on Tuesday, February 13, 2024...

3 months ago - GlobeNewsWire

Franklin Electric Increases Quarterly Dividend by 11% to $0.25 Per Share

FORT WAYNE, Ind., Jan. 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable...

4 months ago - GlobeNewsWire

Franklin Electric Acquires U.S. Groundwater Distribution Company

FORT WAYNE, Ind., Jan. 02, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that on December 31, 2023, its wholly owned subsidiary Headwater Companies, LLC acquired ...

4 months ago - GlobeNewsWire

Franklin Water Treatment Acquires Assets of Action Manufacturing & Supply, Inc.

FORT WAYNE, Ind., Dec. 04, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its wholly owned subsidiary, Franklin Water Treatment, LLC, has acquired the assets ...

5 months ago - GlobeNewsWire

Franklin Electric Reports Third Quarter 2023 Results

Third Quarter 2023 Highlights Consolidated net sales of $538.4 million, a decrease of 2% to the prior year Water Systems sales increased by 1%, while Fueling Systems and Distribution's net sales decre...

7 months ago - GlobeNewsWire

Franklin Electric Declares Payment of Quarterly Cash Dividend

FORT WAYNE, Ind., Oct. 23, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.225 per share payabl...

7 months ago - GlobeNewsWire

Franklin Electric Schedules its Third Quarter 2023 Earnings Release and Conference Call

FORT WAYNE, Ind., Oct. 10, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2023 earnings at 8:00 am ET on Tuesday, October 24, 2023. A conference cal...

7 months ago - GlobeNewsWire

Franklin Electric Reports Record Second Quarter 2023 Results

Second Quarter 2023 Highlights Consolidated net sales of $569.1 million, a new all-time quarterly record, was an increase of 3% over the prior year Water Systems and Distribution sales increased by 4%...

10 months ago - GlobeNewsWire

Franklin Electric Schedules Its Second Quarter 2023 Earnings Release and Conference Call

FORT WAYNE, Ind., July 11, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2023 earnings at 8:00 am ET on Tuesday, July 25, 2023. A conference call ...

11 months ago - GlobeNewsWire

Franklin Electric Names Greg Levine, Vice President and President, Global Water

Levine succeeds Donald Kenney, who will be retiring at the end of July Levine succeeds Donald Kenney, who will be retiring at the end of July

11 months ago - GlobeNewsWire

Franklin Electric Reports Record First Quarter 2023 Results

First Quarter 2023 Highlights Sales of $484.6 million, an increase of 7% over the prior year, a first quarter record Record first quarter sales in all three segments; Water Systems increased 12%, Dist...

1 year ago - GlobeNewsWire

Franklin Electric Schedules Its First Quarter 2023 Earnings Release And Conference Call

FORT WAYNE, Ind., April 18, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its first quarter 2023 earnings at 8:00 am ET on Tuesday, May 2, 2023. A conference call to...

1 year ago - GlobeNewsWire

Newsweek Names Franklin Electric to List of America's Most Trustworthy Companies 2023

FORT WAYNE, Ind., April 03, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) has been named to Newsweek magazine's list of America's Most Trustworthy Companies 2023 – the Company's ...

1 year ago - GlobeNewsWire

Franklin Electric Announces an Increase in its Stock Repurchase Program

FORT WAYNE, Ind., Feb. 21, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors approved a 1,000,000 share increase to its stock repurchase p...

1 year ago - GlobeNewsWire

Franklin Electric Reports Record Fourth Quarter 2022 and Full Year 2022 Results

Fourth Quarter 2022 Highlights

1 year ago - GlobeNewsWire

Franklin Electric Schedules Its Fourth Quarter and Fiscal Year 2022 Earnings Release and Conference Call

FORT WAYNE, Ind., Jan. 31, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2022 earnings at 8:00 am ET on Tuesday, February 14, 2023...

1 year ago - GlobeNewsWire

Franklin Electric raises quarterly dividend, to boost implied yield above 1%

Franklin Electric Co. said Monday it will raise its quarterly dividend to 22.5 cents per share, that represents a 15.3% increase from the prior dividend of 19.5 cents a share. The new dividend will be...

1 year ago - Market Watch

Franklin Electric Declares Payment of Increased Quarterly Cash Dividend

FORT WAYNE, Ind., Jan. 23, 2023 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.225 per share payabl...

1 year ago - GlobeNewsWire

Franklin Electric to Participate in Credit Suisse 10th Annual Global Industrials Conference

FORT WAYNE, Ind., Nov. 18, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in the production and marketing of systems and components for the movement of water and ...

1 year ago - GlobeNewsWire