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Franklin Elec (FELE) Stock News

FELE Nasdaq

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Franklin Electric Co., Inc. reports company developments tied to its water, energy and distribution businesses. The company manufactures and distributes systems and components for the movement and management of water, fuel and electricity, including pumps, motors, drives, electronic controls, monitoring devices, water treatment equipment and fueling-system components.

Recurring news for FELE includes quarterly and annual earnings, segment sales and operating performance across Water Systems, Energy Systems and Distribution, dividend declarations, investor conference participation and updates on business operations. Company updates also reference end markets such as residential, commercial, agricultural, industrial, municipal and fueling applications.

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Franklin Electric (NASDAQ: FELE) will release its third quarter 2025 earnings at 8:00 AM ET on Tuesday, October 28, 2025. A conference call to review results and business developments will begin at 9:00 AM ET the same day and will be available via a live listen-only webcast at the provided media-server link.

Investors who wish to participate in the Q&A must register to receive dial-in details and a PIN; registrants are advised to join 10 minutes early. A replay of the call will be available from October 28, 2025 through 9:00 AM ET on November 4, 2025 via the same webcast link.

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Franklin Electric (NASDAQ:FELE) reported strong Q2 2025 results with net sales of $587.4 million, up 8% year-over-year. The company achieved growth across all segments, with Water Systems up 8%, Energy Systems up 6%, and Distribution up 5%. Operating income increased 11% to $88.1 million, with a 15.0% operating margin.

Key financial metrics include EPS of $1.31, compared to $1.26 in Q2 2024. The company maintained its full-year 2025 guidance with sales expected between $2.09-$2.15 billion and EPS of $3.95-$4.25. A planned US Pension Plan termination in Q3 is expected to have a non-cash EPS impact of approximately $1.00 per share, not included in current guidance.

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Franklin Electric (NASDAQ: FELE) has announced a quarterly cash dividend of $0.265 per share. The dividend will be payable on August 21, 2025, to shareholders of record as of August 7, 2025.

The company, a global leader in water and energy movement systems, has been recognized in Newsweek's lists of America's Most Responsible Companies and Most Trustworthy Companies for 2024, as well as America's Climate Leaders 2024 by USA Today.

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Franklin Electric (NASDAQ: FELE) has scheduled its second quarter 2025 earnings release for July 29, 2025, at 8:00 am ET, followed by a conference call at 9:00 am ET. The earnings call will be accessible via webcast in listen-only mode, with a Q&A portion available for registered participants.

The conference call replay will be available through August 5, 2025. Franklin Electric, a global leader in water and energy movement systems, has received recognition in several prestigious lists including Newsweek's Most Responsible Companies 2024, Most Trustworthy Companies 2024, and USA Today's America's Climate Leaders 2024.

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Franklin Electric (NASDAQ: FELE) has appointed Jennifer Wolfenbarger as Chief Financial Officer and Chief Accounting Officer. Wolfenbarger brings extensive experience from prominent manufacturing companies, most recently serving at Owens Corning where she managed the financial operations of their $4 billion global insulation business across 50 manufacturing and distribution sites worldwide.

Prior to Owens Corning, Wolfenbarger held divisional CFO positions at Caterpillar and Stryker. In her new role, she will be responsible for shaping Franklin Electric's financial future, enabling growth, and overseeing fiscal accountability. CEO Joe Ruzynski praised her exceptional experience and value-driven approach to continuous improvement.

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Franklin Electric (NASDAQ: FELE) has appointed Daniela Williams as its new Chief Human Resources Officer (CHRO), effective July 2025. Williams, who previously served at Visteon Corporation, brings extensive experience in global HR leadership and talent management to Franklin Electric's executive team.

In her new role, Williams will oversee employee relations, compensation, benefits, development, and compliance while reporting directly to CEO Joe Ruzynski. At Visteon, she notably launched the company's first Women's Leadership Program and has been active in STEM education initiatives, including serving on the Advisory Council for Project Pathways.

Franklin Electric, recognized for its leadership in water and energy systems, has recently received multiple corporate accolades, including listings in Newsweek's Most Responsible Companies 2024 and America's Climate Leaders 2024 by USA Today.

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Franklin Electric (NASDAQ: FELE) has completed a stock repurchase of 1,200,000 shares at $86.78 per share from the Patricia Schaefer Settlement Trust. The purchase price was determined by the 5-day volume-weighted average price on NASDAQ. The transaction, valued at approximately $104.1 million, was executed to provide liquidity for the estate's tax obligations following the passing of Patricia Schaefer, daughter of the company's founder. The Board of Directors approved an increase to the share repurchase authorization by 1,200,000 shares, maintaining a total authorization of 1,126,635 shares post-transaction. CEO Joe Ruzynski expressed confidence in the company's strong balance sheet, cash flow generation, and strategic plans.
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Franklin Electric (NASDAQ: FELE) has announced key leadership changes to its Board of Directors. Jennifer L. Sherman, currently President and CEO of Federal Signal Corporation, has been elected as Chairperson effective May 2, 2025, for a term ending at the 2026 Annual Meeting. Sherman has served as a Director since 2015.

Additionally, Mark A. Carano, currently Vice President, CFO and Treasurer of SPX Technologies, has been appointed as a director effective May 7, 2025, with a term expiring at the 2027 Annual Meeting. Carano brings extensive financial expertise from his roles at Insteel Industries, Big River Steel, and 14 years in investment banking.

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Franklin Electric reported Q1 2025 financial results with net sales of $455.2 million, showing a 1% decrease from Q1 2024. The company's performance was mixed across segments:

  • Energy Systems showed strong growth with an 8% increase in sales to $66.8 million
  • Water Systems remained relatively flat with a less than 1% increase to $287.3 million
  • Distribution segment declined 3% to $141.9 million

Operating income was $44.1 million with a 9.7% margin, down from $47.9 million in Q1 2024. Earnings per share decreased to $0.67 from $0.70. CEO Joe Ruzynski noted positive order trends and robust backlog entering Q2, despite weather impacts on Distribution. The company maintained its 2025 sales guidance of $2.09-2.15 billion but adjusted the low end of EPS guidance to $3.95-4.25.

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Franklin Electric (NASDAQ: FELE) has announced a quarterly cash dividend of $0.265 per share, payable on May 22, 2025, to shareholders of record on May 8, 2025. The company, a global leader in water and energy systems, has been recognized in Newsweek's lists of America's Most Responsible Companies and Most Trustworthy Companies for 2024, as well as America's Climate Leaders 2024 by USA Today.

The company specializes in systems and components for residential, commercial, agricultural, industrial, municipal, and fueling applications, maintaining its position as a technical leader in its field.

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FAQ

What is the current stock price of Franklin Elec (FELE)?

The current stock price of Franklin Elec (FELE) is $100.09 as of June 8, 2026.

What is the market cap of Franklin Elec (FELE)?

The market cap of Franklin Elec (FELE) is approximately 4.4B.