Franklin Electric (NASDAQ:FELE) Posts Earnings Results, Beats Estimates By $0.03 EPS

Franklin Electric (NASDAQ:FELE) released its quarterly earnings results on Tuesday. The industrial products company reported $0.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03, Zacks reports. Franklin Electric had a return on equity of 15.03% and a net margin of 9.22%. Franklin Electric updated its FY 2025 guidance to 4.050-4.250 EPS.

Franklin Electric Trading Up 7.0 %

Shares of FELE stock opened at $106.96 on Tuesday. The business’s 50 day moving average is $99.39 and its two-hundred day moving average is $101.54. Franklin Electric has a twelve month low of $91.67 and a twelve month high of $111.94. The company has a market capitalization of $4.89 billion, a P/E ratio of 27.39, a price-to-earnings-growth ratio of 1.97 and a beta of 1.00. The company has a current ratio of 2.40, a quick ratio of 1.06 and a debt-to-equity ratio of 0.01.

Franklin Electric Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, February 20th. Shareholders of record on Thursday, February 6th will be given a dividend of $0.265 per share. This is a positive change from Franklin Electric’s previous quarterly dividend of $0.25. The ex-dividend date is Thursday, February 6th. This represents a $1.06 annualized dividend and a yield of 0.99%. Franklin Electric’s payout ratio is 26.84%.

Analyst Upgrades and Downgrades

Separately, Robert W. Baird cut 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.

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.