What is DA Davidson’s Estimate for FELE Q1 Earnings?

Franklin Electric Co., Inc. (NASDAQ:FELE) – Analysts at DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for Franklin Electric in a research note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville forecasts that the industrial products company will post earnings per share of $0.73 for the quarter. The consensus estimate for Franklin Electric’s current full-year earnings is $4.19 per share. DA Davidson also issued estimates for Franklin Electric’s FY2025 earnings at $4.15 EPS.

Separately, Robert W. Baird lowered their price objective on Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a research report on Wednesday, October 30th.

Franklin Electric Price Performance

Shares of FELE stock opened at $104.24 on Thursday. The stock has a 50-day moving average price of $99.33 and a 200 day moving average price of $101.65. The company has a quick ratio of 1.06, a current ratio of 2.22 and a debt-to-equity ratio of 0.01. The firm has a market cap of $4.76 billion, a price-to-earnings ratio of 27.08, a PEG ratio of 2.11 and a beta of 1.00. Franklin Electric has a 12 month low of $91.67 and a 12 month high of $111.94.

Franklin Electric (NASDAQ:FELE) last announced its earnings results on Tuesday, February 18th. The industrial products company reported $0.72 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.03. Franklin Electric had a return on equity of 14.46% and a net margin of 8.92%. The company had revenue of $485.75 million during the quarter, compared to analyst estimates of $465.87 million.

Franklin Electric Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th were issued a dividend of $0.265 per share. The ex-dividend date of this dividend was Thursday, February 6th. This represents a $1.06 dividend on an annualized basis and a yield of 1.02%. This is a boost from Franklin Electric’s previous quarterly dividend of $0.25. Franklin Electric’s dividend payout ratio (DPR) is 27.53%.

Hedge Funds Weigh In On Franklin Electric

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Public Employees Retirement System of Ohio bought a new position in Franklin Electric during the fourth quarter worth about $52,000. Vise Technologies Inc. boosted its holdings in Franklin Electric by 32.8% during the fourth quarter. Vise Technologies Inc. now owns 6,907 shares of the industrial products company’s stock worth $673,000 after buying an additional 1,704 shares during the last quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Franklin Electric by 9.9% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 126,300 shares of the industrial products company’s stock worth $12,308,000 after buying an additional 11,426 shares during the last quarter. Voloridge Investment Management LLC boosted its holdings in Franklin Electric by 0.9% during the fourth quarter. Voloridge Investment Management LLC now owns 137,555 shares of the industrial products company’s stock worth $13,405,000 after buying an additional 1,194 shares during the last quarter. Finally, Twinbeech Capital LP bought a new position in shares of Franklin Electric during the 4th quarter valued at about $355,000. Institutional investors own 79.98% of the company’s stock.

Franklin Electric Company Profile

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.