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

Franklin Electric Co., Inc. (NASDAQ:FELE) – DA Davidson issued their Q1 2025 earnings per share (EPS) estimates for shares of 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 $3.82 per share. DA Davidson also issued estimates for Franklin Electric’s FY2025 earnings at $4.15 EPS.

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

Franklin Electric Stock Performance

Shares of NASDAQ:FELE opened at $106.03 on Thursday. The business’s fifty day moving average price is $99.33 and its two-hundred day moving average price is $101.62. Franklin Electric has a fifty-two week low of $91.67 and a fifty-two week high of $111.94. The stock has a market capitalization of $4.84 billion, a price-to-earnings ratio of 26.84, a price-to-earnings-growth ratio of 1.96 and a beta of 1.00. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.40 and a quick ratio of 1.06.

Franklin Electric (NASDAQ:FELE) last announced its quarterly 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 15.03% and a net margin of 9.22%. The firm had revenue of $485.75 million for the quarter, compared to analysts’ expectations of $465.87 million.

Franklin Electric Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, February 20th. Stockholders of record on Thursday, February 6th will be issued a dividend of $0.265 per share. This represents a $1.06 annualized dividend and a dividend yield of 1.00%. The ex-dividend date of this dividend is Thursday, February 6th. This is a boost from Franklin Electric’s previous quarterly dividend of $0.25. Franklin Electric’s dividend payout ratio is presently 26.84%.

Institutional Trading of Franklin Electric

Large investors have recently made changes to their positions in the business. Blue Trust Inc. grew its holdings in shares of Franklin Electric by 55.7% during the third quarter. Blue Trust Inc. now owns 299 shares of the industrial products company’s stock worth $29,000 after purchasing an additional 107 shares during the last quarter. Spire Wealth Management acquired a new position in shares of Franklin Electric during the fourth quarter valued at $29,000. Trust Co. of Vermont acquired a new position in shares of Franklin Electric during the fourth quarter valued at $40,000. Public Employees Retirement System of Ohio acquired a new position in shares of Franklin Electric during the fourth quarter valued at $52,000. Finally, Smartleaf Asset Management LLC lifted its stake in shares of Franklin Electric by 189.2% during the fourth quarter. Smartleaf Asset Management LLC now owns 642 shares of the industrial products company’s stock valued at $62,000 after acquiring an additional 420 shares during the period. 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.