A number of research firms have changed their ratings and price targets for Franklin Electric (NASDAQ: FELE):
- 11/2/2026 – Franklin Electric was upgraded by DA Davidson from “neutral” to “buy”. They now have a $135.00 price target on the stock, up from $105.00.
- 11/2/2026 – Franklin Electric was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/29/2026 – Franklin Electric was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 10/29/2026 – Franklin Electric was given a new $130.00 price target by Robert W. Baird.
- 10/25/2026 – Franklin Electric was upgraded by Wall Street Zen from “hold” to “buy”.
- 10/17/2026 – Franklin Electric was downgraded by Wall Street Zen from “buy” to “hold”.
- 10/14/2026 – Franklin Electric was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/19/2026 – Franklin Electric was upgraded by Wall Street Zen from “hold” to “buy”.
- 9/9/2026 – Franklin Electric had its “neutral” rating reaffirmed by DA Davidson. They now have a $105.00 price target on the stock.
- 9/5/2026 – Franklin Electric was downgraded by Wall Street Zen from “buy” to “hold”.
Franklin Electric Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Thursday, November 5th will be given a $0.28 dividend. This represents a $1.12 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Thursday, November 5th. Franklin Electric’s payout ratio is 25.17%.
Franklin Electric Co, Inc (NASDAQ: FELE) designs, manufactures and distributes systems and components used to move, manage and control water and other fluids. The company serves residential, agricultural, commercial, industrial and municipal customers through products such as submersible pumps, motors, pumping systems, drives, controls, monitoring equipment and water-treatment solutions.
Its Water Systems business provides equipment for groundwater and surface-water applications, including well pumps, pressure systems, wastewater and dewatering products, and related controls and accessories.
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