Franklin ElectricFELE
Market Cap: $4.47B
About: Franklin Electric Co Inc designs, manufactures, and distributes water and fuel pumping systems, composed of submersible motors, pumps, electronic controls, water treatment systems, and related parts and equipment. It has three segments; The Water Systems segment designs, manufactures and sells motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater, The Fueling Systems segment designs, manufactures and sells pumps, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices, and related parts and equipment for use in fueling system applications and the Distribution segment sells and provides presale support and specifications to the installing contractors.
Employees: 6,400
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
0% more repeat investments, than reductions
Existing positions increased: 119 | Existing positions reduced: 119
1.26% less ownership
Funds ownership: 81.32% [Q1] → 80.06% (-1.26%) [Q2]
4% less funds holding
Funds holding: 336 [Q1] → 322 (-14) [Q2]
11% less capital invested
Capital invested by funds: $4B [Q1] → $3.55B (-$443M) [Q2]
28% less first-time investments, than exits
New positions opened: 36 | Existing positions closed: 50
50% less funds holding in top 10
Funds holding in top 10: 2 [Q1] → 1 (-1) [Q2]
Research analyst outlook
We haven’t received any recent analyst ratings for FELE.