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    Franklin Electric Co. Inc.

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    $FELE
    Metal Fabrications
    Consumer Discretionary

    Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. It operates in three segments: Water Systems, Fueling Systems, and Distribution. The Water Systems segment offers submersible motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment. Its motors and pumps are used principally for pumping clean water and wastewater in various residential, agricultural, and industrial applications; and manufactures electronic drives and controls that are used in motors for controlling functionality, as well as provides protection from various hazards, such as electrical surges, over-heating, and dry wells or tanks. The Fueling Systems segment provides pumps, pipes, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment primarily for use in fueling system applications. This segment serves other energy markets, such as power reliability systems, as well as includes electronic devices for online monitoring of the power utility, hydroelectric, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. It sells products produced by the Water Systems segment and other brands. The company sells its products to wholesale and retail distributors, specialty distributors, original equipment manufacturers, industrial and petroleum equipment distributors, and oil and utility companies through its employee sales force and independent manufacturing representatives. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.

    IPO Year:

    Exchange: NASDAQ

    Website: franklin-electric.com

    Recent Analyst Ratings for Franklin Electric Co. Inc.

    DatePrice TargetRatingAnalyst
    2/23/2024$110.00Neutral → Buy
    Northcoast
    4/19/2023Perform
    Oppenheimer
    8/15/2022Buy → Neutral
    Northcoast
    7/15/2022$82.00Buy
    Northcoast
    7/14/2022$75.00Outperform → Neutral
    Robert W. Baird
    4/27/2022Neutral → Buy
    Seaport Research Partners
    3/9/2022$95.00Neutral → Outperform
    Boenning & Scattergood
    See more ratings