New insider activity at Franklin Electric Co ( (FELE) ) has taken place on March 1, 2025.
Delancey Davis, President of Headwater Companies, has recently sold 961 shares of Franklin Electric Co stock, amounting to a total transaction value of $99,117.
Recent Updates on FELE stock
In the last 24 hours, Franklin Electric Co. has seen notable developments, including a price target increase by Baird analyst Michael Halloran, who raised it to $111 from $105.79 while maintaining a Neutral rating. This adjustment follows the company’s announcement of CFO Jeffery Taylor’s resignation, which was clarified as amicable and not due to disagreements over operations or accounting practices. Additionally, Franklin Electric reported its Q4 2024 earnings, showing a 3% increase in consolidated net sales to $485.7 million and a Q4 EPS of $0.72, surpassing consensus estimates of $0.66. The company also highlighted a strong performance in its Energy Systems segment, with a 5% increase in net sales. Looking forward, Franklin Electric aims for revenue growth and margin expansion, setting its 2025 sales guidance between $2.09 billion and $2.15 billion, with expected EPS between $4.05 and $4.25.
More about Franklin Electric Co
YTD Price Performance: 4.16%
Average Trading Volume: 190,852
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $4.63B