Franklin Electric (FELE)
Builds water-pumping and fueling systems, then distributes groundwater equipment to U.S. contractors.
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Sells pumps, submersible motors, controls, water-treatment equipment, and fueling-site systems worldwide through Water Systems and Energy Systems, while Headwater Companies distributes groundwater products to U.S. contractors. Revenue is weighted toward water applications and a contractor-facing domestic distribution channel.
Designs, manufactures, and distributes water and energy pumping systems through Water Systems, Energy Systems, and Distribution. Water Systems supplies submersible motors, pumps, drives, electronic controls, monitoring devices, and water-treatment equipment for groundwater, water transfer, wastewater, mining, and other residential, agricultural, municipal, and industrial applications. Energy Systems provides pumps, piping, containment, vapor-recovery, controls, and monitoring for fueling sites, plus remote monitoring equipment for utility and other critical infrastructure.
Combines engineering across motors, pumps, controls, and integrated systems with manufacturing close to regional customers. Headwater Companies gives the Distribution segment a U.S. contractor-facing channel for groundwater equipment. Demand depends on housing, weather, agriculture, mining and energy activity; groundwater restrictions and environmental rules can also shift demand.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jul 29, 2026 | DA Davidson | Reiterate | Rating: —Target: $100 | Target: $105 |
| Jul 29, 2026 | Robert W. Baird | Target | Target: $112 | Target: $124 |
| Feb 19, 2026 | DA Davidson | Reiterate | Rating: —Target: $90 | Target: $100 |
| Feb 18, 2026 | DA Davidson | Reiterate | Rating: —Target: — | Target: $90 |
| Oct 29, 2025 | Robert W. Baird | Target | Target: $107 | Target: $112 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $97.3M · Total debt $308.3M · Total assets $2.15B · Shareholders' equity $1.41B
- Revenue
- $622.9M
- Operating income
- $93.6M
- Net income
- $65.7M
HistoryDividendAnnual yield
| Institutions | 90.68% | 40.09M shares | |
|---|---|---|---|
| 397 holders · as of Jun 30, 2026 | |||
| Insiders | 0.75% | 331.5K shares | |
| 14 holders · as of Sep 2, 2026 | |||
| Strategic holders | 5.63% | 2.49M shares | |
| 1 holder · as of Feb 11, 2021 | |||
| Other | 2.94% | 1.30M shares | |
| remainder | |||
44.21M company shares as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 14.73% | 6.51M | as of Jun 30, 2026 |
Wells Fargo & CompanyStrategic | 5.63% | 2.49M | filed Feb 11, 2021 |
Vanguard Portfolio Management LLCInstitution | 5.40% | 2.39M | as of Jun 30, 2026 |
State Street CorpInstitution | 4.43% | 1.96M | as of Jun 30, 2026 |
Morgan StanleyInstitution | 4.02% | 1.78M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Jun 9, 2026 | Jonathan M. Grandon | officer: Chief Administrative Officer | −8,547 | $103.40 |
| May 22, 2026 | Jonathan M. Grandon | officer: Chief Administrative Officer | −4,200 | $98.23 |
| May 26, 2026 | delancey W. davis | officer: President, Headwater Companies | −1,900 | $100.00 |
| May 1, 2026 | delancey W. davis | officer: President, Headwater Companies | −200 | $98.78 |
| Apr 30, 2026 | Jonathan M. Grandon | officer: Chief Administrative Officer | −4,988 | $100.02 |
