Dimensional Fund Advisors LP Raises Stock Holdings in Franklin Electric Co., Inc. $FELE

Dimensional Fund Advisors LP boosted its position in Franklin Electric Co., Inc. (NASDAQ:FELE) by 3.7% in the first quarter, Holdings Channel.com reports. The firm owned 1,009,687 shares of the industrial products company’s stock after buying an additional 36,268 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Franklin Electric were worth $93,059,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Quarry LP bought a new stake in shares of Franklin Electric during the 3rd quarter valued at $28,000. Aster Capital Management DIFC Ltd bought a new stake in Franklin Electric during the fourth quarter worth about $35,000. EverSource Wealth Advisors LLC grew its holdings in Franklin Electric by 31.2% in the second quarter. EverSource Wealth Advisors LLC now owns 425 shares of the industrial products company’s stock worth $38,000 after purchasing an additional 101 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Franklin Electric by 213.1% during the fourth quarter. Farther Finance Advisors LLC now owns 454 shares of the industrial products company’s stock valued at $43,000 after purchasing an additional 309 shares in the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in shares of Franklin Electric during the fourth quarter valued at approximately $48,000. Hedge funds and other institutional investors own 79.98% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Wall Street Zen raised Franklin Electric from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. Robert W. Baird lifted their price target on Franklin Electric from $118.00 to $124.00 and gave the stock a “neutral” rating in a research report on Wednesday. Weiss Ratings reiterated a “hold (c)” rating on shares of Franklin Electric in a research note on Tuesday, June 9th. Finally, DA Davidson increased their price objective on shares of Franklin Electric from $100.00 to $105.00 and gave the company a “neutral” rating in a research report on Wednesday. Three equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $114.50.

Franklin Electric Stock Performance

FELE stock opened at $105.38 on Thursday. The stock’s 50 day simple moving average is $103.09 and its 200 day simple moving average is $100.17. The company has a current ratio of 2.41, a quick ratio of 1.14 and a debt-to-equity ratio of 0.10. Franklin Electric Co., Inc. has a 12-month low of $89.54 and a 12-month high of $115.82. The stock has a market capitalization of $4.66 billion, a PE ratio of 30.37, a price-to-earnings-growth ratio of 1.99 and a beta of 1.03.

Franklin Electric (NASDAQ:FELE) last posted its earnings results on Tuesday, July 28th. The industrial products company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.11. Franklin Electric had a return on equity of 15.18% and a net margin of 7.06%.The business had revenue of $622.88 million during the quarter, compared to analyst estimates of $605.92 million. During the same quarter last year, the company earned $1.31 EPS. The company’s quarterly revenue was up 6.0% compared to the same quarter last year. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. As a group, research analysts forecast that Franklin Electric Co., Inc. will post 4.58 earnings per share for the current fiscal year.

Franklin Electric Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be given a dividend of $0.28 per share. The ex-dividend date of this dividend is Thursday, August 6th. This represents a $1.12 annualized dividend and a dividend yield of 1.1%. Franklin Electric’s dividend payout ratio (DPR) is 33.73%.

Trending Headlines about Franklin Electric

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

• Positive Sentiment: Franklin Electric exceeded expectations in Q2 2026, reporting adjusted EPS of $1.55 versus the $1.44 consensus and revenue of $622.9 million versus $605.9 million expected. Adjusted EPS increased 18% year over year, while sales rose 6%. Zacks Q2 earnings report
• Positive Sentiment: Management raised full-year 2026 guidance to $2.21 billion-$2.29 billion in sales and $4.50-$4.70 in adjusted EPS, compared with consensus estimates of approximately $2.2 billion and $4.58, respectively. Seeking Alpha guidance report
• Positive Sentiment: Growth was broad-based: Water Systems sales increased 5%, Energy Systems sales rose 3% and Distribution sales jumped 11%. Distribution operating income climbed 22%, supporting the company’s growth outlook. Quiver Quantitative earnings summary
• Neutral Sentiment: Robert W. Baird raised its FELE price target from $118 to $124 but retained a neutral rating. The higher target suggests upside potential, while the unchanged rating signals limited conviction at the stock’s current valuation. Benzinga analyst update
• Negative Sentiment: Energy Systems operating income declined year over year on a GAAP basis, partly because of a $4.5 million legal settlement expense. Excluding that charge, adjusted operating income increased 11%. Franklin Electric SEC filing
• Negative Sentiment: Management cautioned that inflation in sourced materials and logistics remains a margin risk. With FELE trading at a relatively high earnings multiple, investors may be demanding stronger near-term upside than the otherwise solid results provided.

Insider Activity

In related news, insider Jonathan M. Grandon sold 8,547 shares of Franklin Electric stock in a transaction dated 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 in the company, valued at approximately $776,430.60. This trade represents a 53.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Delancey W. Davis sold 1,900 shares of the business’s stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $100.00, for a total value of $190,000.00. Following the completion of the transaction, the insider directly owned 10,402 shares of the company’s stock, valued at approximately $1,040,200. This trade represents a 15.44% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 14,847 shares of company stock valued at $1,506,082 over the last quarter. 2.89% of the stock is owned by corporate insiders.

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.