Franklin Electric Co., Inc. (FELE)

In the past six months, Franklin Electric reported its third-quarter 2025 results and its fourth-quarter and full-year 2024 results. In Q3 2025, net sales increased by 9% year-over-year, and the company maintained its full-year 2025 sales and EPS guidance. In Q4 2024, net sales increased by 3% compared to Q4 2023, but operating income decreased due to higher SG&A and restructuring expenses. Franklin Electric declared quarterly cash dividends of $0.265 per share. The share price as of October 9, 2025, represented a decline of 10.23% from October 10, 2024.

Demand for Franklin Electric's products and services can be influenced by seasonality, as seen with the Distribution segment's operating margin in Q4 2024. Historically, the stock tends to lean long in October, with a statistically strong window culminating around January 14, 2026. The residential groundwater market is driven by replacement demand, and the company anticipates continued healthy demand in this area. The company's diverse global portfolio helps with resilience against macroeconomic pressures, and order trends have shown improvement.

Franklin Electric Co., Inc. (FELE) is a global manufacturer and distributor of systems and components focused on water and fuel movement and management, operating in the Manufacturing sector, specifically in the Electrical Equipment and Manufacturing - Electronics industries. The company's core business is structured into three primary segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment designs, manufactures, and distributes water and wastewater pumps, motors, drives, and controls. The Fueling Systems segment specializes in products and services for the safe and efficient transfer of fuels, primarily serving the petroleum industry. The Distribution segment, operating as Headwater Companies, LLC, provides a wide range of water and fuel-related products through an extensive network of distributors.

Franklin Electric is headquartered in Fort Wayne, Indiana, USA, and has a significant global presence, operating manufacturing facilities in the United States, Germany, Czech Republic, Italy, Turkey, Mexico, Brazil, Australia, South Africa, China, and Japan. The company serves customers in over 100 countries across residential, commercial, agricultural, industrial, municipal, and energy applications.

In the past year, Franklin Electric has received positive recognition for its corporate responsibility and leadership, including being named in Newsweek's lists of America's Most Responsible Companies and Most Trustworthy Companies for 2024. It was also recognized as one of America's Climate Leaders 2024 by USA Today and among the Best Places to Work in Indiana for 2024. There were no readily available events that negatively impacted the company's brand reputation.

Franklin Electric has a mixed ownership structure comprising institutional, insider, and retail investors. Institutional shareholders hold approximately 84.85% of the stock, with major holders including BlackRock, Inc. and Vanguard Group Inc. Insiders own about 4.80% of the company, with Gregg C. Sengstack being the largest individual shareholder. Retail investors hold approximately 10.35% of the stock.