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 • Clean Energy • 374Water • XT Energy • Nidec • Alstom • Erayak Power Solution ...

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

Average target

$89.00

Low target

$85.00

High target

$93.00

Latest filings (excl ownership)

View all

DEFA14A

Additional proxy soliciting materials

21 Mar 23

Regulation FD Disclosure

22 Feb 23

Franklin Electric Announces an Increase In Its Stock Repurchase Program

21 Feb 23

8-K

Franklin Electric Reports Record Fourth Quarter 2022 and Full Year 2022 Results

1 Nov 22

Regulation FD Disclosure

28 Oct 22

8-K

Franklin Electric Reports Record Third Quarter 2022 Results

25 Oct 22

8-K

Regulation FD Disclosure

4 Aug 22

Transcripts

View all

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

FELE

Earnings call transcript

2020 Q2

28 Jul 20

Latest ownership filings

View all

Financial summary

Financial statements Chart FELE financial data

Quarter (USD)	Dec 22	Sep 22	Jun 22	Mar 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

Financial data from company earnings reports.

Institutional ownership, Q4 2022

FELE institutional ownership history Ownership history

13F holders	Current	Prev Q	Change
Total holders	289	274	+5.5%
Opened positions	40	38	+5.3%
Closed positions	25	26	-3.8%
Increased positions	95	88	+8.0%
Reduced positions	99	96	+3.1%

13F shares	Current	Prev Q	Change
Total value	2.82 tn	2.78 bn	+101062.3%
Total shares	37.10 mm	34.05 mm	+9.0%
Total puts	3.50 k	7.10 k	-50.7%
Total calls	1.20 k	13.10 k	-90.8%
Total put/call ratio	2.9	0.5	+438.1%

Largest owners	Shares	Value	Change
BLK Blackrock	7.92 mm	$631.33 bn	+0.9%
Vanguard	4.60 mm	$367.10 bn	+0.7%
STT State Street	2.37 mm	$188.92 bn	NEW
Earnest Partners	2.28 mm	$181.52 bn	-2.3%
Allspring Global Investments	2.11 mm	$168.29 bn	+0.2%
King Luther Capital Management	1.19 mm	$94.99 bn	-0.0%
Dimensional Fund Advisors	1.06 mm	$85.22 bn	-0.1%
Impax Asset Management	991.25 k	$79.05 bn	0.0%
Geode Capital Management	795.25 k	$63.80 bn	+3.8%
BAC Bank Of America	765.58 k	$61.06 bn	+3.1%

Largest transactions	Shares	Bought/sold	Change
STT State Street	2.37 mm	+2.37 mm	NEW
Norges Bank	463.91 k	+463.91 k	NEW
Millennium Management	224.23 k	+168.13 k	+299.7%
Eaton Vance Management	0.00	-127.48 k	EXIT
MS Morgan Stanley	543.83 k	+115.07 k	+26.8%
Royce & Associates	0.00	-74.80 k	EXIT
BLK Blackrock	7.92 mm	+69.71 k	+0.9%
Wellington Management	78.36 k	-65.25 k	-45.4%
Renaissance Technologies	68.20 k	+60.00 k	+731.7%
Duff & Phelps Investment Management	121.70 k	-55.00 k	-31.1%

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
10 Mar 23	Donald P Kenney	common stock	Discretionary	Dispose I	Yes	No	90.5408	16,254	1.47 mm	16,248
10 Mar 23	Donald P Kenney	common stock	Sell	Dispose S	No	No	92.4514	1,400	129.43 k	22,518
9 Mar 23	Donald P Kenney	common stock	Sell	Dispose S	No	No	92.7441	1,400	129.84 k	23,918
6 Mar 23	Donald P Kenney	common stock	Sell	Dispose S	No	No	94.5	2,592	244.94 k	25,318
2 Mar 23	Gregg C Sengstack	common stock	Sell	Dispose S	No	No	95.0796	9,246	879.11 k	158,486
24 Feb 23	Brent L Spikes	common stock	Sell	Dispose S	No	No	95.995	579	55.58 k	4,006
23 Feb 23	Kenneth Keene	common stock	Sell	Dispose S	No	No	96.58	1,149	110.97 k	4,272