Franklin Electric Co., Inc. (FELE)

NASDAQ: FELE · IEX Real-Time Price · USD
90.46
-0.70 (-0.77%)
Dec 5, 2023, 4:00 PM EST - Market closed
-0.77%
Market Cap 4.21B
Revenue (ttm) 2.08B
Net Income (ttm) 194.30M
Shares Out 46.13M
EPS (ttm) 4.13
PE Ratio 21.90
Forward PE 20.81
Dividend $0.90 (0.99%)
Ex-Dividend Date Nov 1, 2023
Volume 136,662
Open 91.19
Previous Close 91.16
Day's Range 90.06 - 91.32
52-Week Range 77.69 - 107.36
Beta 0.94
Analysts Hold
Price Target 89.33 (-1.25%)
Earnings Date Oct 24, 2023

About FELE

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates through three segments: Water Systems, Fueling Systems, and Distribution. 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 applicatio... [Read more]

Sector Industrials
Founded 1944
Employees 6,500
Stock Exchange NASDAQ
Ticker Symbol FELE
Full Company Profile

Financial Performance

In 2022, FELE's revenue was $2.04 billion, an increase of 22.98% compared to the previous year's $1.66 billion. Earnings were $187.33 million, an increase of 21.75%.

Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for FELE stock is "Hold." The 12-month stock price forecast is $89.33, which is a decrease of -1.25% from the latest price.

Price Target
$89.33
(-1.25% downside)
Analyst Consensus: Hold
Stock Forecasts

News

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 ...

1 day 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...

6 weeks 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...

6 weeks 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...

2 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%...

4 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 ...

5 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

5 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...

7 months 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...

8 months 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 ...

8 months 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...

10 months ago - GlobeNewsWire

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

Fourth Quarter 2022 Highlights

10 months 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...

11 months 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...

11 months 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...

11 months 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

Franklin Electric Reports Record Third Quarter 2022 Results

Third Quarter 2022 Highlights

1 year ago - GlobeNewsWire

Franklin Electric Schedules Its Third Quarter 2022 Earnings Release and Conference Call

FORT WAYNE, Ind., Oct. 11, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2022 earnings at 8:00 am ET on Tuesday, October 25, 2022. A conference cal...

1 year ago - GlobeNewsWire

Franklin Electric Releases 2022 Sustainability Report

The document highlights the Company's continued commitment to global Environmental, Social and Governance efforts. FORT WAYNE, Ind.

1 year ago - PRNewsWire

Franklin Electric Reports Record Second Quarter 2022 Results

Second Quarter 2022 Highlights

1 year ago - GlobeNewsWire

Franklin Electric Declares Payment of Quarterly Cash Dividend

FORT WAYNE, Ind., July 25, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.195 per share payabl...

1 year ago - GlobeNewsWire

Franklin Electric Schedules Its Second Quarter 2022 Earnings Release and Conference Call

FORT WAYNE, Ind., July 12, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2022 earnings at 8:00 am ET on Tuesday, July 26, 2022. A conference call ...

1 year ago - GlobeNewsWire

Franklin Electric Announces Chris Villavarayan Elected to be a Director of the Company

FORT WAYNE, Ind., May 06, 2022 (GLOBE NEWSWIRE) -- The board of directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Chris Villavarayan to be a director of the Company effective May 6, ...

1 year ago - GlobeNewsWire

Franklin Electric Reports Record First Quarter 2022 Results

First Quarter 2022 Highlights

1 year ago - GlobeNewsWire

Newsweek Magazine Names Franklin Electric to List of America's Most Responsible Companies 2022

FORT WAYNE, Ind., April 18, 2022 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) has been named to Newsweek's list of America's Most Responsible Companies 2022. This prestigious award i...

1 year ago - GlobeNewsWire