Franklin Electric (FELE)

Company Profile

Franklin Electric is a global leader in the production and marketing of systems and components for the movement of water and fuel. Recognized as a technical leader in its products and services, Franklin Electric serves customers around the world in residential, commercial, agricultural, industrial, municipal, and fueling applications.

Company profile

Ticker

FELE

Exchange

NASDAQ

Website

www.franklin-electric.com

CEO

Gregg Sengstack

Incorporated

Indiana

Location

Indiana

Fiscal year end

Dec 31

Sector

Manufacturing > Motor and Generator Manufacturing

Industry (SIC)

Motors & Generators

Regal Rexnord • Generac • American Superconductor • China Changjiang Mining & New Energy • Erayak Power Solution • Clean Energy • 374Water • XT Energy • Nidec • Alstom ...

SEC CIK

0000038725

Corporate docs

Articles of Incorporation & Bylaws

Underwriting Agreements

Plans of Reorganization

Indentures

Material Contracts & Credit Agreements

Subsidiaries Lists

Subsidiaries

2M Company, LLC • Blake Group Holdings • Drillers Service, LLC • FE Latin America B.V. • Franklin Electric (Australia) Pty. Ltd. • Franklin Electric (South Africa) Pty. Ltd. • Franklin Electric (Suzhou) Co., Ltd. • Franklin Electric B.V. • Franklin Electric Europa GmbH • Franklin Electric Germany Holding GmbH ...

IRS number

350827455

FELE stock data

1M 1Y 5Y

Analyst ratings and price targets

Last 3 months

Latest filings (excl ownership)

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Conflict minerals disclosure

30 May 23

S-8

Registration of securities for employees

25 May 23

8-K

Departure of Directors or Certain Officers

9 May 23

8-K

Submission of Matters to a Vote of Security Holders

9 May 23

8-K

Regulation FD Disclosure

5 May 23

Franklin Electric Reports Record First Quarter 2023 Results

2 May 23

DEFA14A

Additional proxy soliciting materials

21 Mar 23

Regulation FD Disclosure

8 Mar 23

Transcripts

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FELE

Earnings call transcript

2023 Q1

2 May 23

FELE

Earnings call transcript

2022 Q3

25 Oct 22

FELE

Earnings call transcript

2022 Q2

26 Jul 22

FELE

Earnings call transcript

2022 Q1

26 Apr 22

FELE

Earnings call transcript

2021 Q4

15 Feb 22

FELE

Earnings call transcript

2021 Q3

26 Oct 21

FELE

Earnings call transcript

2021 Q2

27 Jul 21

FELE

Earnings call transcript

2021 Q1

27 Apr 21

FELE

Earnings call transcript

2020 Q4

16 Feb 21

FELE

Earnings call transcript

2020 Q3

27 Oct 20

Latest ownership filings

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Notice of proposed sale of securities

Notice of proposed sale of securities

22 May 23

Financial summary

Financial statements Chart FELE financial data

Quarter (USD)	Mar 23	Dec 22	Sep 22	Jun 22
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 22	Dec 21	Dec 20	Dec 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	51.87 mm	51.87 mm	51.87 mm	51.87 mm	51.87 mm	51.87 mm
Cash burn (monthly)	(no burn)	(no burn)	(no burn)	(no burn)	4.01 mm	(no burn)
Cash used (since last report)	n/a	n/a	n/a	n/a	8.79 mm	n/a
Cash remaining	n/a	n/a	n/a	n/a	43.09 mm	n/a
Runway (months of cash)	n/a	n/a	n/a	n/a	10.8	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q1 2023

FELE institutional ownership history Ownership history

79.1% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	290	289	+0.3%
Opened positions	32	40	-20.0%
Closed positions	31	25	+24.0%
Increased positions	93	95	-2.1%
Reduced positions	112	99	+13.1%

13F shares	Current	Prev Q	Change
Total value	3.40 tn	2.82 tn	+20.7%
Total shares	36.55 mm	37.10 mm	-1.5%
Total puts	3.20 k	3.50 k	-8.6%
Total calls	1.70 k	1.20 k	+41.7%
Total put/call ratio	1.9	2.9	-35.5%

Largest owners	Shares	Value	Change
BLK Blackrock	7.78 mm	$732.47 bn	-1.7%
Vanguard	4.61 mm	$434.22 bn	+0.2%
STT State Street	2.57 mm	$241.95 bn	+8.5%
Earnest Partners	2.26 mm	$213.11 bn	-0.5%
Allspring Global Investments	1.99 mm	$187.34 bn	-5.7%
King Luther Capital Management	1.19 mm	$111.99 bn	-0.1%
Dimensional Fund Advisors	1.03 mm	$96.81 bn	-3.1%
Impax Asset Management	991.25 k	$93.28 bn	0.0%
Geode Capital Management	829.59 k	$78.06 bn	+4.3%
BAC Bank Of America	771.95 k	$72.64 bn	+0.8%

Largest transactions	Shares	Bought/sold	Change
Norges Bank	0.00	-463.91 k	EXIT
Millennium Management	0.00	-224.23 k	EXIT
STT State Street	2.57 mm	+202.33 k	+8.5%
FRME First Merchants	0.00	-201.00 k	EXIT
Proficio Capital Partners	181.57 k	+181.57 k	NEW
FMR	150.07 k	+146.05 k	+3632.2%
BLK Blackrock	7.78 mm	-132.40 k	-1.7%
Allspring Global Investments	1.99 mm	-119.39 k	-5.7%
Dudley & Shanley	133.71 k	+113.17 k	+551.0%
ONB Old National Bancorp	185.59 k	+93.27 k	+101.0%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

FELE insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	$Price	#Shares	$Value	#Remaining
30 May 23	Donald P Kenney	common stock	Sell	Dispose S	No	No	94	1,159	108.95 k	25,855
22 May 23	delancey w davis	common stock	Sell	Dispose S	No	No	93.6555	1,800	168.58 k	11,314
22 May 23	delancey w davis	common stock	Payment of exercise	Dispose F	No	No	94.07	7,954	748.23 k	13,114
22 May 23	delancey w davis	common stock	Option exercise	Acquire M	No	No	73.14	5,775	422.38 k	21,068
22 May 23	delancey w davis	common stock	Option exercise	Acquire M	No	No	59.71	3,712	221.64 k	15,293
22 May 23	delancey w davis	option common stock	Option exercise	Dispose M	No	No	73.14	5,775	422.38 k	2,889
22 May 23	delancey w davis	option common stock	Option exercise	Dispose M	No	No	59.71	3,712	221.64 k	0
18 May 23	Donald P Kenney	common stock	Discretionary	Dispose I	Yes	No	92.7688	8,174	758.29 k	8,074
18 May 23	Chris Villavarayan	stock units common stock	Grant	Acquire A	No	No	93.67	8.72	816.80	2,394.25
18 May 23	Grizzle Victor	stock units common stock	Grant	Acquire A	No	No	93.67	27.93	2.62 k	11,655.75