Franklin Electric Announces Appointment of Jennifer L. Sherman as Chairperson; Mark Carano Elected to be a Director of the Company |
FORT WAYNE, Ind., May 08, 2025 (GLOBE NEWSWIRE) -- The Board of Directors of Franklin Electric Co., Inc. (NASDAQ: FELE) has elected Jennifer L. Sherman, President and Chief Executive Officer of Federal Signal Corporation, as Chairperson effective as of May 2, 2025 for a term expiring at the 2026 Annual Meeting of Shareholders. Ms. Sherman has been a Director of the Company since 2015. Joe Ruzynski, the Company's Chief Executive Officer, commented: “I want to congratulate Jennifer on her election as Chairperson of Franklin Electric. She knows the Company well, having served on our Board of Directors for 10 years, and I am looking forward to working closely with her to further develop and refine Franklin's strategy.” |
globenewswire.com |
2025-05-08 19:49:00 |
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10 Undervalued Dividend Growth Stocks: May 2025 |
I rank a selection of undervalued dividend growth stocks in Dividend Radar and present the top ten stocks for consideration. I use two valuation screens, one based on my fair value estimate, and another comparing each stock's forward dividend yield with its 5-year average dividend yield. To rank stocks, I do a quality assessment and sort candidates by quality scores, breaking ties with additional metrics. |
seekingalpha.com |
2025-05-07 13:00:00 |
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Franklin Electric Co., Inc. (FELE) Q1 2025 Earnings Call Transcript |
Franklin Electric Co., Inc. (NASDAQ:FELE ) Q1 2025 Results Conference Call April 29, 2025 10:00 AM ET Company Participants Russ Fleeger - Interim CFO Joe Ruzynski - CEO Conference Call Participants Ryan Connors - Northcoast Research Matt Summerville - D.A. Davidson Walter Liptak - Seaport Research Mike Halloran - RW Baird Operator Hello, and welcome to the Franklin Electric Reports First Quarter 2025 Sales and Earnings Conference Call. |
seekingalpha.com |
2025-04-29 20:08:05 |
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Franklin Electric (FELE) Misses Q1 Earnings and Revenue Estimates |
Franklin Electric (FELE) came out with quarterly earnings of $0.67 per share, missing the Zacks Consensus Estimate of $0.73 per share. This compares to earnings of $0.70 per share a year ago. |
zacks.com |
2025-04-29 14:15:44 |
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Franklin Electric Declares Quarterly Dividend of $0.265 Per Share |
FORT WAYNE, Ind., April 28, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable May 22, 2025, to shareholders of record on May 8, 2025. |
globenewswire.com |
2025-04-28 12:00:00 |
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Franklin Electric (FELE) Earnings Expected to Grow: Should You Buy? |
Franklin Electric (FELE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-04-22 15:06:12 |
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Franklin Electric Co., Inc. (FELE) Q4 2024 Earnings Call Transcript |
Franklin Electric Co., Inc. (NASDAQ:FELE ) Q4 2024 Earnings Conference Call February 18, 2025 9:00 AM ET Company Participants Jeffery Taylor - CFO Joseph Ruzynski - CEO Conference Call Participants Matt Summerville - D.A. Davidson Bryan Blair - Oppenheimer & Co. Inc. Michael Halloran - Robert W. |
seekingalpha.com |
2025-02-18 16:52:47 |
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Franklin Electric (FELE) Q4 Earnings and Revenues Top Estimates |
Franklin Electric (FELE) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.69 per share. This compares to earnings of $0.82 per share a year ago. |
zacks.com |
2025-02-18 12:10:35 |
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Franklin Electric Reports Fourth Quarter 2024 and Full Year 2024 Results |
Fourth Quarter 2024 Highlights Consolidated net sales of $485.7 million, an increase of 3% to the prior year Energy Systems and Distribution net sales increased 5% and 6%, respectively, while Water Systems net sales were flat Operating income was $43.0 million with operating margin of 8.9% GAAP fully diluted earnings per share (EPS) was $0.72 Full Year 2024 Highlights Consolidated net sales of $2.0 billion, a decrease of 2% to the prior year Distribution net sales increased 2%, while Water Systems and Energy Systems net sales decreased 2% and 8%, respectively Operating income was $243.6 million with operating margin of 12.1% GAAP fully diluted earnings per share (EPS) was $3.86 Cash flows from operating activities were $261.4 million FORT WAYNE, Ind., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its fourth quarter and full year financial results for fiscal year 2024. |
globenewswire.com |
2025-02-18 10:00:00 |
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Earnings Preview: Franklin Electric (FELE) Q4 Earnings Expected to Decline |
Franklin Electric (FELE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. |
zacks.com |
2025-02-04 13:05:31 |
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Franklin Electric Schedules its Fourth Quarter and Fiscal Year 2024 Earnings Release and Conference Call |
FORT WAYNE, Ind., Feb. 04, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its fourth quarter and fiscal year 2024 earnings at 8:00 am ET on Tuesday, February 18, 2025. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The fourth quarter and fiscal year 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: |
globenewswire.com |
2025-02-04 10:00:00 |
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16 Upcoming Dividend Increases |
Sixteen companies are boosting their dividends, with an average increase of 8.2%, signaling financial health and stability, particularly among regional banks. My investment strategy focuses on companies with consistently rising dividends and outperforming benchmarks, aiming for long-term wealth accumulation. I use data from the "U.S. Dividend Champions" spreadsheet and NASDAQ to identify companies with at least five years of dividend growth. |
seekingalpha.com |
2025-01-31 15:54:14 |
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Franklin Electric Declares Payment of Increased Quarterly Cash Dividend |
FORT WAYNE, Ind., Jan. 27, 2025 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.265 per share payable February 20, 2025, to shareholders of record on February 6, 2025. This represents a 6 percent increase from the prior quarterly dividend. This dividend will mark the 33rd consecutive year that Franklin Electric has increased its dividend, demonstrating its commitment to returning cash to shareholders and confidence in the outlook of the business. |
globenewswire.com |
2025-01-27 10:00:00 |
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Franklin Electric Co., Inc. (FELE) Q3 2024 Earnings Call Transcript |
Franklin Electric Co., Inc. (NASDAQ:FELE ) Q3 2024 Earnings Conference Call October 29, 2024 9:00 AM ET Company Participants Jeffery Taylor - Chief Financial Officer Joseph Ruzynski - Chief Executive Officer Conference Call Participants Bryan Blair - Oppenheimer & Co. Inc. Ryan Connors - Northcoast Research Partners Michael Halloran - Robert W. Baird & Co. Incorporated Walter Liptak - Seaport Global Partners Ryan Connors - Northcoast Research Operator Hello, and welcome to the Franklin Electric Reports Third Quarter 2024 Sales and Earnings Conference Call. |
seekingalpha.com |
2024-10-29 16:30:26 |
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Franklin Electric (FELE) Misses Q3 Earnings and Revenue Estimates |
Franklin Electric (FELE) came out with quarterly earnings of $1.17 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.23 per share a year ago. |
zacks.com |
2024-10-29 12:16:16 |
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Franklin Electric Reports Third Quarter 2024 Results |
Third Quarter 2024 Highlights Consolidated net sales of $531.4 million, a decrease of 1% to the prior year Water Systems and Distribution net sales increased 2% and 1%, respectively, while Fueling Systems net sales decreased 10% Operating income was $73.5 million with operating margin of 13.8% GAAP fully diluted earnings per share (EPS) was $1.17 FORT WAYNE, Ind., Oct. 29, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its third quarter financial results for fiscal year 2024. |
globenewswire.com |
2024-10-29 10:00:00 |
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Franklin Electric Declares Quarterly Dividend of $0.25 Per Share |
FORT WAYNE, Ind., Oct. 28, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable November 21, 2024, to shareholders of record on November 7, 2024. |
globenewswire.com |
2024-10-28 10:00:00 |
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Franklin Electric Schedules Its Third Quarter 2024 Earnings Release and Conference Call |
FORT WAYNE, Ind., Oct. 15, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its third quarter 2024 earnings at 8:00 am ET on Tuesday, October 29, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The third quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen-only mode by going to: |
globenewswire.com |
2024-10-15 12:00:00 |
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11 Great Dividend Aristocrat Bargain Buys For The Market At Record Highs |
The bond market anticipated the Fed's 0.5% rate cut, which led to a positive market reaction and record highs for the S&P. A strong economy with falling interest rates is the ideal backdrop for blue-chip bargain buys if you know where to find them. The PEGY Ratio is a wonderful metric that combines valuation, growth, yield, total return and income growth into a single super GARP metric perfect for times like these. |
seekingalpha.com |
2024-09-21 11:01:00 |
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EMR or FELE: Which Is the Better Value Stock Right Now? |
Investors with an interest in Manufacturing - Electronics stocks have likely encountered both Emerson Electric (EMR) and Franklin Electric (FELE). But which of these two stocks presents investors with the better value opportunity right now? |
zacks.com |
2024-08-13 16:40:34 |
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Trends Should Start Flowing In A Better Direction For Franklin Electric |
Q2 saw soft revenue due to weather delays and destocking (likely tied to softening construction and resource demand), but water treatment and surface pumping showed encouraging growth. Short-term headwinds in markets like agriculture, construction, and resources could persist a little longer, but FELE benefits from the growing need for clean water and is poised for above-average growth. Shares aren't cheap, but strong margin performance and above-average long-term secular growth opportunities argue for a premium multiple and this is definitely a watch-list name. |
seekingalpha.com |
2024-07-26 16:21:46 |
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Franklin Electric: Improving Growth Prospects With Favourable Valuation (Rating Upgrade) |
Franklin Electric Co., Inc. has strong revenue growth prospects ahead, with improving sales expected in the second half of the year. The company's margin should benefit from operating leverage and cost-saving initiatives. Trading at a discount to historical averages, Franklin Electric is poised for growth with easing year-over-year comparisons and potential interest rate cycle reversal. |
seekingalpha.com |
2024-07-25 16:34:40 |
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Franklin Electric Co., Inc. (FELE) Q2 2024 Earnings Call Transcript |
Franklin Electric Co., Inc. (NASDAQ:FELE ) Q2 2024 Earnings Conference Call July 23, 2024 9:00 AM ET Company Participants Jeff Taylor - Chief Financial Officer Gregg Sengstack - Executive Chairperson Joe Ruzynski - Chief Executive Officer Conference Call Participants Walter Liptak - Seaport Global Matt Summerville - D.A. Davidson Operator Hello, and welcome to the Franklin Electric Reports Second Quarter 2024 Sales and Earnings Conference Call. |
seekingalpha.com |
2024-07-23 16:51:09 |
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Franklin Electric (FELE) Misses Q2 Earnings and Revenue Estimates |
Franklin Electric (FELE) came out with quarterly earnings of $1.26 per share, missing the Zacks Consensus Estimate of $1.30 per share. This compares to earnings of $1.27 per share a year ago. |
zacks.com |
2024-07-23 14:10:49 |
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Franklin Electric Reports Second Quarter 2024 Results |
Second Quarter 2024 Highlights Consolidated net sales of $543.3 million, a decrease of 5% to the prior year, with lower sales across all three segments Operating income was $79.1 million with operating margin of 14.6% GAAP fully diluted earnings per share (EPS) was $1.26 FORT WAYNE, Ind., July 23, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its second quarter financial results for fiscal year 2024. |
globenewswire.com |
2024-07-23 12:00:00 |
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Franklin Electric Declares Quarterly Dividend of $0.25 Per Share |
FORT WAYNE, Ind., July 22, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) announced today that its Board of Directors declared a quarterly cash dividend of $0.25 per share payable August 15, 2024, to shareholders of record on August 1, 2024. |
globenewswire.com |
2024-07-22 12:00:00 |
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The Highest Quality Dividend Growth Stocks In 2024 |
This article updates one I wrote in August 2022, which was based on a template article by David Van Knapp published in June 2020. I use an adapted quality scoring system to assess the quality of dividend growth stocks. The system employs six quality indicators from independent sources and assigns 0-5 points to each quality indicator, for a maximum of 30 points. |
seekingalpha.com |
2024-07-09 13:00:37 |
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Franklin Electric Schedules Its Second Quarter 2024 Earnings Release and Conference Call |
FORT WAYNE, Ind., July 09, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE) will release its second quarter 2024 earnings at 8:00 am ET on Tuesday, July 23, 2024. A conference call to review earnings and other developments in the business will commence at 9:00 am ET. The second quarter 2024 earnings call will be available via a live webcast. The webcast will be available in a listen only mode by going to: |
globenewswire.com |
2024-07-09 12:00:00 |
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Irrigation Pumps Market Demand and Analysis of Present and Future Growth | 2024 – 2030 | Exactitude Consultancy |
North America continues to lead the irrigation pump market, holding a substantial 38% share. This regional dominance is attributed to vast expanses of farmland, advanced agricultural practices, and high levels of mechanization. The region's leadership is further bolstered by the adoption of precision agriculture technology and a strong focus on water-efficient irrigation methods. North America continues to lead the irrigation pump market, holding a substantial 38% share. This regional dominance is attributed to vast expanses of farmland, advanced agricultural practices, and high levels of mechanization. The region's leadership is further bolstered by the adoption of precision agriculture technology and a strong focus on water-efficient irrigation methods. |
globenewswire.com |
2024-07-01 10:12:00 |
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Jump Financial LLC Takes $740,000 Position in Franklin Electric Co., Inc. (NASDAQ:FELE) |
Jump Financial LLC bought a new position in Franklin Electric Co., Inc. (NASDAQ:FELE – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,653 shares of the industrial products company’s stock, valued at approximately $740,000. Several other hedge funds and other institutional investors have also modified their holdings of the stock. Running Oak Capital LLC raised its stake in Franklin Electric by 17.9% during the fourth quarter. Running Oak Capital LLC now owns 92,593 shares of the industrial products company’s stock worth $8,949,000 after acquiring an additional 14,074 shares in the last quarter. GHP Investment Advisors Inc. lifted its holdings in Franklin Electric by 37.7% during the 4th quarter. GHP Investment Advisors Inc. now owns 26,778 shares of the industrial products company’s stock valued at $2,588,000 after purchasing an additional 7,325 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Franklin Electric by 23.2% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 24,332 shares of the industrial products company’s stock valued at $2,171,000 after buying an additional 4,582 shares in the last quarter. US Asset Management LLC bought a new stake in Franklin Electric during the fourth quarter worth about $221,000. Finally, Atria Wealth Solutions Inc. acquired a new stake in shares of Franklin Electric during the third quarter worth approximately $767,000. Institutional investors own 79.98% of the company’s stock. Franklin Electric Stock Down 0.4 % NASDAQ FELE opened at $99.95 on Monday. The company has a debt-to-equity ratio of 0.07, a quick ratio of 1.17 and a current ratio of 2.85. Franklin Electric Co., Inc. has a 52 week low of $82.61 and a 52 week high of $107.89. The stock has a market capitalization of $4.61 billion, a P/E ratio of 24.86, a price-to-earnings-growth ratio of 1.95 and a beta of 0.99. The stock has a fifty day moving average of $102.11 and a 200-day moving average of $97.15. Franklin Electric (NASDAQ:FELE – Get Free Report) last announced its quarterly earnings data on Tuesday, April 30th. The industrial products company reported $0.70 earnings per share for the quarter, missing the consensus estimate of $0.74 by ($0.04). The firm had revenue of $460.90 million for the quarter, compared to the consensus estimate of $477.64 million. Franklin Electric had a return on equity of 15.86% and a net margin of 9.25%. The business’s revenue for the quarter was down 4.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.79 earnings per share. On average, equities research analysts forecast that Franklin Electric Co., Inc. will post 4.27 EPS for the current year. Franklin Electric Dividend Announcement The firm also recently announced a quarterly dividend, which was paid on Thursday, May 16th. Shareholders of record on Thursday, May 2nd were given a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a dividend yield of 1.00%. The ex-dividend date was Wednesday, May 1st. Franklin Electric’s payout ratio is 24.88%. Insider Activity In related news, insider Delancey W. Davis sold 2,214 shares of Franklin Electric stock in a transaction on Thursday, May 9th. The stock was sold at an average price of $102.06, for a total transaction of $225,960.84. Following the completion of the sale, the insider now directly owns 8,014 shares of the company’s stock, valued at $817,908.84. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. In related news, CEO Gregg C. Sengstack sold 10,366 shares of the business’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $99.96, for a total value of $1,036,185.36. Following the completion of the transaction, the chief executive officer now directly owns 154,993 shares in the company, valued at approximately $15,493,100.28. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Delancey W. Davis sold 2,214 shares of the firm’s stock in a transaction that occurred on Thursday, May 9th. The stock was sold at an average price of $102.06, for a total transaction of $225,960.84. Following the sale, the insider now owns 8,014 shares in the company, valued at $817,908.84. The disclosure for this sale can be found here. 2.72% of the stock is currently owned by company insiders. Wall Street Analysts Forecast Growth FELE has been the topic of several recent analyst reports. StockNews.com downgraded Franklin Electric from a “strong-buy” rating to a “buy” rating in a report on Thursday, May 9th. DA Davidson boosted their price objective on Franklin Electric from $87.00 to $90.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 1st. Robert W. Baird raised their target price on Franklin Electric from $91.00 to $100.00 and gave the company a “neutral” rating in a research note on Wednesday, February 14th. Finally, Northcoast Research raised Franklin Electric from a “neutral” rating to a “buy” rating and set a $110.00 price target for the company in a report on Friday, February 23rd. View Our Latest Research Report on FELE Franklin Electric Company Profile (Free Report) 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. See Also Five stocks we like better than Franklin Electric Dividend Screener: How to Evaluate Dividend Stocks Before Buying MarketBeat Week in Review – 5/13 – 5/17 What is the Hang Seng index? Take-Two Interactive Software Offers 2nd Chance for Investors Procter & Gamble (NYSE:PG) Pulls Back After Shaky Guidance Deere & Company’s Q2 Report: Strong Revenue, Cautious Outlook |
https://www.defenseworld.net |
2024-05-20 12:14:41 |
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Franklin Electric Appoints Joe Ruzynski as CEO; Gregg Sengstack Remains Executive Chairperson |
FORT WAYNE, Ind., May 14, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. (NASDAQ: FELE), a global leader in water and energy systems, announced today that its Board of Directors has appointed Joe Ruzynski as Chief Executive Officer and a member of the Board, effective July 1, 2024. Gregg Sengstack, who has served as CEO since 2014 and Chairperson since 2015, will continue as Executive Chairperson. |
globenewswire.com |
2024-05-14 12:00:00 |
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Franklin Electric Co., Inc. (FELE) Q1 2024 Earnings Call Transcript |
Start Time: 09:00 January 1, 0000 9:36 AM ET Franklin Electric Co., Inc. (NASDAQ:FELE ) Q1 2024 Earnings Conference Call April 30, 2024, 09:00 AM ET Company Participants Gregg Sengstack - Chairperson and CEO Jeff Taylor - VP, CFO Conference Call Participants Bryan Blair - Oppenheimer Walter Liptak - Seaport Research Mike Halloran - Baird Matt Summerville - D.A. Davidson Operator Hello, and welcome to the Franklin Electric Report's First Quarter 2024 Sales and Earnings Conference Call. |
seekingalpha.com |
2024-04-30 19:22:05 |
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Franklin Electric Reports First Quarter 2024 Results |
First Quarter 2024 Highlights Consolidated net sales of $460.9 million, a decrease of 5% to the prior year Distribution net sales increased 3%, while Water Systems and Fueling Systems net sales decreased 7% and 15%, respectively Operating income was $47.9 million with operating margin of 10.4% GAAP fully diluted earnings per share (EPS) was $0.70 FORT WAYNE, Ind., April 30, 2024 (GLOBE NEWSWIRE) -- Franklin Electric Co., Inc. today announced its first quarter financial results for fiscal year 2024. |
globenewswire.com |
2024-04-30 12:00:00 |
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