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

Franklin Electric Co., Inc. (NASDAQ:FELE) – Investment analysts at DA Davidson issued their Q1 2025 earnings per share estimates for Franklin Electric in a note issued to investors on Wednesday, February 19th. DA Davidson analyst M. Summerville anticipates 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 decreased their price objective on Franklin Electric from $107.00 to $105.00 and set a “neutral” rating for the company in a report on Wednesday, October 30th.

Franklin Electric Trading Up 0.0 %

NASDAQ FELE opened at $106.03 on Thursday. The firm has a market cap of $4.84 billion, a P/E ratio of 26.84, a P/E/G 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. The stock’s 50-day moving average is $99.33 and its 200-day moving average is $101.62. Franklin Electric has a one year low of $91.67 and a one year high of $111.94.

Franklin Electric (NASDAQ:FELE) last released its quarterly earnings results on Tuesday, February 18th. The industrial products company reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.03. The company had revenue of $485.75 million for the quarter, compared to analyst estimates of $465.87 million. Franklin Electric had a return on equity of 15.03% and a net margin of 9.22%.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of FELE. Norges Bank bought a new position in shares of Franklin Electric during the fourth quarter worth about $56,968,000. Allianz Asset Management GmbH grew its stake in Franklin Electric by 21.6% in the fourth quarter. Allianz Asset Management GmbH now owns 811,682 shares of the industrial products company’s stock valued at $79,098,000 after purchasing an additional 143,917 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Franklin Electric in the fourth quarter valued at approximately $134,000. JPMorgan Chase & Co. grew its stake in Franklin Electric by 60.1% in the fourth quarter. JPMorgan Chase & Co. now owns 247,098 shares of the industrial products company’s stock valued at $24,080,000 after purchasing an additional 92,793 shares in the last quarter. Finally, Wealthfront Advisers LLC bought a new position in Franklin Electric in the fourth quarter valued at approximately $8,046,000. 79.98% of the stock is currently owned by institutional investors.

Franklin Electric Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, February 20th. Investors of record on Thursday, February 6th will be issued a dividend of $0.265 per share. The ex-dividend date of this dividend is Thursday, February 6th. This is an increase from Franklin Electric’s previous quarterly dividend of $0.25. This represents a $1.06 dividend on an annualized basis and a dividend yield of 1.00%. Franklin Electric’s dividend payout ratio (DPR) is presently 26.84%.

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.