founded in 1944, franklin electric has grown from a small motor manufacturing company into a leading global provider of complete water systems and fueling systems. franklin electric's principal markets include clean water systems, water transfer and grey water systems, and fueling systems. headquartered in fort wayne, indiana, franklin serves all corners of the world with facilities spanning the globe.
Company profile
Ticker
FELE
Exchange
Website
CEO
Gregg Sengstack
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
2M Company, LLC • Aqua Systems, LLC • Blake Equipment, LLC • Drillers Service, LLC • FE Latin America B.V. • Franklin Electric (Australia) Pty. Ltd. • Franklin Electric (South Africa) Pty. Ltd. • Franklin Electric (Suzhou) Co., Ltd. • Franklin Electric B.V. • Franklin Electric Europa GmbH ...
IRS number
350827455
FELE stock data
Latest filings (excl ownership)
SD
Conflict minerals disclosure
31 May 24
8-K/A
Departure of Directors or Certain Officers
22 May 24
8-K
Entry into a Material Definitive Agreement
16 May 24
8-K
Franklin Electric Appoints Joe Ruzynski as CEO; Gregg Sengstack Remains Executive Chairperson
14 May 24
8-K
Regulation FD Disclosure
3 May 24
8-K
Submission of Matters to a Vote of Security Holders
3 May 24
10-Q
2024 Q1
Quarterly report
30 Apr 24
8-K
Franklin Electric Reports First Quarter 2024 Results
30 Apr 24
DEFA14A
Additional proxy soliciting materials
19 Mar 24
DEF 14A
Definitive proxy
19 Mar 24
Transcripts
FELE
Earnings call transcript
2024 Q1
30 Apr 24
FELE
Earnings call transcript
2023 Q4
13 Feb 24
FELE
Earnings call transcript
2023 Q3
24 Oct 23
FELE
Earnings call transcript
2023 Q2
25 Jul 23
FELE
Earnings call transcript
2023 Q2
25 Jul 23
FELE
Earnings call transcript
2023 Q1
2 May 23
FELE
Earnings call transcript
2022 Q4
14 Feb 23
FELE
Earnings call transcript
2022 Q3
25 Oct 22
FELE
Earnings call transcript
2022 Q2
26 Jul 22
FELE
Earnings call transcript
2022 Q1
26 Apr 22
Latest ownership filings
4
David M Wathen
20 May 24
4
THOMAS R VERHAGE
20 May 24
4
JENNIFER L SHERMAN
20 May 24
4
RENEE J PETERSON
20 May 24
4
Victor Grizzle
20 May 24
4
Chris Villavarayan
20 May 24
4
Victor Grizzle
15 May 24
4
delancey w davis
10 May 24
144
Notice of proposed sale of securities
9 May 24
4
Chris Villavarayan
3 May 24
Financial summary
Quarter (USD) | Mar 24 | Dec 23 | Sep 23 | Jun 23 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 23 | Dec 22 | Dec 21 | Dec 20 | |
---|---|---|---|---|---|
Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 65.31 mm | 65.31 mm | 65.31 mm | 65.31 mm | 65.31 mm | 65.31 mm |
Cash burn (monthly) | 6.55 mm | (no burn) | (no burn) | (no burn) | 454.00 k | (no burn) |
Cash used (since last report) | 13.52 mm | n/a | n/a | n/a | 937.48 k | n/a |
Cash remaining | 51.79 mm | n/a | n/a | n/a | 64.38 mm | n/a |
Runway (months of cash) | 7.9 | n/a | n/a | n/a | 141.8 | n/a |
Institutional ownership, Q1 2024
73.4% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 324 |
Opened positions | 269 |
Closed positions | 4 |
Increased positions | 18 |
Reduced positions | 21 |
13F shares | Current |
---|---|
Total value | 3.47 tn |
Total shares | 33.81 mm |
Total puts | 900.00 |
Total calls | 900.00 |
Total put/call ratio | 1.0 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 7.39 mm | $789.22 bn |
Vanguard | 4.75 mm | $507.49 bn |
STT State Street | 2.24 mm | $239.30 bn |
Allspring Global Investments | 1.98 mm | $210.97 bn |
Earnest Partners | 1.52 mm | $162.74 bn |
Dimensional Fund Advisors | 1.10 mm | $116.98 bn |
Impax Asset Management | 991.25 k | $105.88 bn |
Geode Capital Management | 970.07 k | $103.63 bn |
MS Morgan Stanley | 914.45 k | $97.67 bn |
BAC Bank Of America | 861.65 k | $92.03 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
16 May 24 | Chris Villavarayan | stock units common stock | Grant | Acquire A | No | No | 100.36 | 6.01 | 603.16 | 2,418.15 |
16 May 24 | Grizzle Victor | stock units common stock | Grant | Acquire A | No | No | 100.36 | 28.87 | 2.90 k | 11,616.69 |
16 May 24 | Peterson Renee J | stock units common stock | Grant | Acquire A | No | No | 100.36 | 98.95 | 9.93 k | 39,821.85 |
16 May 24 | Jennifer L Sherman | stock units common stock | Grant | Acquire A | No | No | 100.36 | 107.31 | 10.77 k | 43,187.44 |
16 May 24 | Verhage Thomas R | stock units common stock | Grant | Acquire A | No | No | 100.36 | 150.25 | 15.08 k | 60,467.85 |