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
Website
CEO
Gregg Sengstack
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
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
Analyst ratings and price targets
Latest filings (excl ownership)
SD
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
8 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Franklin Electric Reports Record First Quarter 2023 Results
2 May 23
DEFA14A
Additional proxy soliciting materials
21 Mar 23
DEF 14A
Definitive proxy
21 Mar 23
8-K
Regulation FD Disclosure
8 Mar 23
Transcripts
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
4
Donald P Kenney
31 May 23
4
delancey w davis
24 May 23
144
Notice of proposed sale of securities
24 May 23
4
David M Wathen
22 May 23
4
THOMAS R VERHAGE
22 May 23
4
JENNIFER L SHERMAN
22 May 23
4
RENEE J PETERSON
22 May 23
4
Victor Grizzle
22 May 23
4
Chris Villavarayan
22 May 23
144
Notice of proposed sale of securities
22 May 23
Financial summary
Quarter (USD) | Mar 23 | Dec 22 | Sep 22 | Jun 22 | |
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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 |
Institutional ownership, Q1 2023
79.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 290 |
Opened positions | 32 |
Closed positions | 31 |
Increased positions | 93 |
Reduced positions | 112 |
13F shares | Current |
---|---|
Total value | 3.40 tn |
Total shares | 36.55 mm |
Total puts | 3.20 k |
Total calls | 1.70 k |
Total put/call ratio | 1.9 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.78 mm | $732.47 bn |
Vanguard | 4.61 mm | $434.22 bn |
STT State Street | 2.57 mm | $241.95 bn |
Earnest Partners | 2.26 mm | $213.11 bn |
Allspring Global Investments | 1.99 mm | $187.34 bn |
King Luther Capital Management | 1.19 mm | $111.99 bn |
Dimensional Fund Advisors | 1.03 mm | $96.81 bn |
Impax Asset Management | 991.25 k | $93.28 bn |
Geode Capital Management | 829.59 k | $78.06 bn |
BAC Bank Of America | 771.95 k | $72.64 bn |
Recent insider trades
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 |
News
DA Davidson Maintains Neutral on Franklin Electric, Raises Price Target to $90
3 May 23
Franklin Electric Q1 EPS $0.79 Beats $0.63 Estimate, Sales $484.55M Beat $476.08M Estimate
2 May 23
Tuesday Is Your Last Chance To Buy Franklin Electric Before The Dividend Payout
28 Apr 23
Franklin Electric's Current Valuation Keeps This Analyst Patient; Seeks Better Entry Point
19 Apr 23
Benzinga's Top Ratings Upgrades, Downgrades For April 19, 2023
19 Apr 23
Press releases
Franklin Electric Reports Record First Quarter 2023 Results
2 May 23
Franklin Electric Declares Payment of Quarterly Cash Dividend
24 Apr 23
Franklin Electric Schedules Its First Quarter 2023 Earnings Release And Conference Call
18 Apr 23
Newsweek Names Franklin Electric to List of America's Most Trustworthy Companies 2023
3 Apr 23