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

Franklin Electric (NASDAQ:FELE) updated its FY 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of 4.400-4.600 for the period, compared to the consensus earnings per share 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.

Franklin Electric Trading Down 11.0%

NASDAQ FELE traded down $12.03 on Tuesday, reaching $96.91. 65,182 shares of the company were exchanged, compared to its average volume of 333,947. The stock has a market capitalization of $4.31 billion, a P/E ratio of 31.43, a price-to-earnings-growth ratio of 1.93 and a beta of 1.08. Franklin Electric has a fifty-two week low of $78.87 and a fifty-two week high of $111.53. The company has a current ratio of 2.54, a quick ratio of 1.12 and a debt-to-equity ratio of 0.10. The business’s fifty day moving average price is $100.32 and its 200 day moving average price is $97.10.

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

Franklin Electric Increases Dividend

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

Wall Street Analysts Forecast Growth

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

Institutional Investors Weigh In On Franklin Electric

Several large investors have recently added to or reduced their stakes in FELE. Quarry LP acquired a new position in Franklin Electric during the 3rd quarter valued at $28,000. Aster Capital Management DIFC Ltd bought a new stake in shares of Franklin Electric in the fourth quarter valued at about $35,000. EverSource Wealth Advisors LLC grew its position in Franklin Electric by 31.2% during the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock worth $38,000 after buying an additional 101 shares in the last quarter. Kestra Advisory Services LLC bought a new position in Franklin Electric during the fourth quarter valued at about $48,000. Finally, Osaic Holdings Inc. raised its holdings in Franklin Electric by 24.3% in the 2nd quarter. Osaic Holdings Inc. now owns 608 shares of the industrial products company’s stock valued at $55,000 after acquiring an additional 119 shares in the last quarter. 79.98% of the stock is owned by institutional investors and hedge funds.

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.