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

Franklin Electric (NASDAQ:FELE) issued an update on its FY 2026 earnings guidance on Tuesday morning. The company provided earnings per share guidance of 4.500-4.700 for the period, compared to the consensus EPS 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.

Franklin Electric Stock Performance

Shares of NASDAQ FELE traded up $8.75 during midday trading on Tuesday, hitting $114.18. The company’s stock had a trading volume of 48,191 shares, compared to its average volume of 323,114. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.67. Franklin Electric has a 1-year low of $89.54 and a 1-year high of $115.82. The firm’s fifty day moving average price is $102.64 and its 200-day moving average price is $100.05. The firm has a market cap of $5.04 billion, a P/E ratio of 34.44, a P/E/G ratio of 1.92 and a beta of 1.03.

Franklin Electric (NASDAQ:FELE) last issued its earnings results on Tuesday, July 28th. The industrial products company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.11. Franklin Electric had a net margin of 6.91% and a return on equity of 14.86%. During the same period in the previous year, the company earned $1.31 EPS. The firm’s quarterly 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. On average, sell-side analysts forecast that Franklin Electric will post 4.58 EPS for the current fiscal year.

Franklin Electric Announces Dividend

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

Analyst Ratings Changes

Several brokerages recently weighed in on FELE. Weiss Ratings reiterated a “hold (c)” rating on shares of Franklin Electric in a research report on Tuesday, June 9th. Wall Street Zen upgraded Franklin Electric from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Finally, DA Davidson restated a “neutral” rating and issued a $100.00 target price on shares of Franklin Electric in a research report on Tuesday, June 16th. Three research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $106.00.

Insider Activity at Franklin Electric

In other news, insider Jonathan M. Grandon sold 8,547 shares of the stock in a transaction that occurred on Tuesday, June 9th. The stock was sold at an average price of $103.40, for a total value of $883,759.80. Following the completion of the sale, the insider directly owned 7,509 shares of the company’s stock, valued at approximately $776,430.60. This represents a 53.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Delancey W. Davis sold 1,900 shares of the business’s stock in a transaction on Tuesday, May 26th. The stock was 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 in the company, valued at $1,040,200. This trade represents a 15.44% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 19,835 shares of company stock valued at $2,004,982 over the last three months. 2.89% of the stock is owned by company insiders.

Franklin Electric News Roundup

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

• Positive Sentiment: Adjusted earnings exceeded expectations: Second-quarter adjusted diluted EPS was $1.55, up 18% year over year and $0.11 above the analyst consensus of $1.44. GAAP diluted EPS rose 11% to $1.46 from $1.31. Franklin Electric Second-Quarter Earnings Press Release
• Positive Sentiment: Revenue and operating income grew: Quarterly sales increased 6% to $622.9 million, while operating income rose 6% to $93.6 million, maintaining a 15% operating margin. Sales increased across all segments: Water Systems rose 5%, Energy Systems 3% and Distribution 11%.
• Positive Sentiment: Full-year guidance was raised: Franklin Electric now expects 2026 net sales of $2.21 billion to $2.29 billion and adjusted diluted EPS of $4.50 to $4.70. The midpoint of the EPS range is slightly below the $4.58 consensus, but the increase signals management’s confidence in continued momentum. Franklin Electric Reports Second-Quarter Sales Growth and Raises Guidance
• Positive Sentiment: Dividend maintained: The board declared a quarterly dividend of $0.28 per share, payable August 20 to shareholders of record August 6. The dividend represents an annualized payout of approximately $1.12 per share and a yield near 1.1%. Franklin Electric Declares Quarterly Dividend
• Neutral Sentiment: Key risks remain: Energy Systems reported a $4.5 million legal settlement expense, which reduced GAAP operating income even though adjusted segment operating income increased 11%. Management also cited inflation in sourced materials and logistics as an ongoing margin risk.
• Neutral Sentiment: Insider activity is mixed: CEO Joseph Ruzynski purchased 500 shares, while other executives reported share sales. This provides limited directional insight relative to the stronger earnings and guidance news.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in FELE. Corient Private Wealth LLC grew its position in Franklin Electric by 7.6% during the fourth quarter. Corient Private Wealth LLC now owns 6,605 shares of the industrial products company’s stock worth $633,000 after buying an additional 466 shares in the last quarter. Mercer Global Advisors Inc. ADV raised its holdings in Franklin Electric by 6.2% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 6,980 shares of the industrial products company’s stock valued at $667,000 after acquiring an additional 405 shares in the last quarter. NewEdge Advisors LLC lifted its position in shares of Franklin Electric by 4.8% in the 4th quarter. NewEdge Advisors LLC now owns 6,640 shares of the industrial products company’s stock worth $634,000 after acquiring an additional 302 shares during the period. XTX Topco Ltd bought a new stake in shares of Franklin Electric in the 4th quarter worth approximately $718,000. Finally, Voloridge Investment Management LLC grew its holdings in shares of Franklin Electric by 1.4% during the 4th quarter. Voloridge Investment Management LLC now owns 136,120 shares of the industrial products company’s stock worth $13,004,000 after purchasing an additional 1,905 shares in the last quarter. Institutional investors and hedge funds own 79.98% of the company’s stock.

About Franklin Electric

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.