What is DA Davidson’s Estimate for FELE FY2026 Earnings?

Franklin Electric Co., Inc. (NASDAQ:FELE) – Investment analysts at DA Davidson issued their FY2026 earnings per share (EPS) estimates for Franklin Electric in a research note issued on Wednesday, February 19th. DA Davidson analyst M. Summerville anticipates that the industrial products company will post earnings of $4.50 per share for the year. The consensus estimate for Franklin Electric’s current full-year earnings is $4.19 per share.

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

Separately, Robert W. Baird dropped their target price 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 Trading Down 1.7 %

FELE stock opened at $104.24 on Friday. The company has a market cap of $4.76 billion, a P/E ratio of 27.08, a PEG ratio of 2.11 and a beta of 1.00. Franklin Electric has a twelve month low of $91.67 and a twelve month high of $111.94. 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 business has a fifty day moving average of $99.32 and a 200-day moving average of $101.73.

Institutional Investors Weigh In On Franklin Electric

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Van ECK Associates Corp increased its holdings in Franklin Electric by 40.0% in the third quarter. Van ECK Associates Corp now owns 24,818 shares of the industrial products company’s stock valued at $2,532,000 after purchasing an additional 7,092 shares during the last quarter. Intech Investment Management LLC increased its holdings in Franklin Electric by 420.9% in the third quarter. Intech Investment Management LLC now owns 11,001 shares of the industrial products company’s stock valued at $1,153,000 after purchasing an additional 8,889 shares during the last quarter. Blue Trust Inc. increased its holdings in Franklin Electric by 55.7% in the third quarter. Blue Trust Inc. now owns 299 shares of the industrial products company’s stock valued at $29,000 after purchasing an additional 107 shares during the last quarter. PDT Partners LLC increased its holdings in Franklin Electric by 241.8% in the third quarter. PDT Partners LLC now owns 12,029 shares of the industrial products company’s stock valued at $1,261,000 after purchasing an additional 8,510 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC increased its holdings in Franklin Electric by 19.2% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 2,800 shares of the industrial products company’s stock valued at $293,000 after purchasing an additional 451 shares during the last quarter. Institutional investors own 79.98% of the company’s stock.

Franklin Electric Increases Dividend

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

About Franklin Electric

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.