How Analysts Rated Franklin Electric Co., Inc. (NASDAQ:FELE) Last Week?

September 8, 2018 - By Jason Dias

Franklin Electric Co., Inc. (NASDAQ:FELE) LogoInvestors sentiment decreased to 0.97 in 2018 Q1. Its down 0.41, from 1.38 in 2017Q4. It dived, as 15 investors sold Franklin Electric Co., Inc. shares while 52 reduced holdings. 14 funds opened positions while 51 raised stakes. 34.83 million shares or 1.22% less from 35.27 million shares in 2017Q4 were reported.
Pitcairn Co reported 0.02% in Franklin Electric Co., Inc. (NASDAQ:FELE). Gamco Invsts Incorporated Et Al holds 0.09% or 344,000 shares. Manchester Capital Mngmt Limited Liability owns 19,140 shares or 0.12% of their US portfolio. Geode Ltd Liability Company holds 382,206 shares. Moreover, Proshare Ltd Liability Corporation has 0.05% invested in Franklin Electric Co., Inc. (NASDAQ:FELE). Comerica Bancshares invested 0.01% in Franklin Electric Co., Inc. (NASDAQ:FELE). Tiaa Cref Invest Mgmt Limited Liability has 0% invested in Franklin Electric Co., Inc. (NASDAQ:FELE) for 111,411 shares. Dubuque Bank reported 0.04% stake. Morgan Dempsey Mngmt Ltd Liability Corporation has invested 0% in Franklin Electric Co., Inc. (NASDAQ:FELE). Schroder Invest invested 0.05% in Franklin Electric Co., Inc. (NASDAQ:FELE). Ftb Advsr Inc, Tennessee-based fund reported 807 shares. Riverhead Capital Ltd Liability, a Delaware-based fund reported 2,285 shares. 6,987 are owned by Victory Cap. California Employees Retirement Systems has invested 0.01% of its portfolio in Franklin Electric Co., Inc. (NASDAQ:FELE). The Illinois-based Guggenheim Capital Llc has invested 0.01% in Franklin Electric Co., Inc. (NASDAQ:FELE).

Since March 9, 2018, it had 0 insider buys, and 7 selling transactions for $609,827 activity. Shares for $54,016 were sold by Kenney Donald P on Friday, March 16. Aikman Steven William had sold 3,000 shares worth $138,054. Haines John J sold 2,500 shares worth $106,250.

Franklin Electric Co., Inc. (NASDAQ:FELE) Ratings Coverage

Among 3 analysts covering Franklin Electric Co (NASDAQ:FELE), 1 have Buy rating, 0 Sell and 2 Hold. Therefore 33% are positive. Franklin Electric Co had 3 analyst reports since April 4, 2018 according to SRatingsIntel. Boenning & Scattergood maintained the stock with “Buy” rating in Tuesday, May 1 report. Robert W. Baird maintained the stock with “Hold” rating in Wednesday, April 4 report. Below is a list of Franklin Electric Co., Inc. (NASDAQ:FELE) latest ratings and price target changes.

12/06/2018 Broker: DA Davidson Rating: Neutral New Target: $50 Initiates Coverage On
01/05/2018 Broker: Boenning & Scattergood Rating: Buy New Target: $54.0000 Maintain
04/04/2018 Broker: Robert W. Baird Rating: Hold New Target: $48.0000 Maintain

The stock decreased 0.41% or $0.2 during the last trading session, reaching $48.65. About 60,409 shares traded. Franklin Electric Co., Inc. (NASDAQ:FELE) has risen 22.06% since September 8, 2017 and is uptrending. It has outperformed by 9.49% the S&P500.

Franklin Electric Co., Inc., together with its subsidiaries, designs, makes, and distributes water and fuel pumping systems worldwide. The company has market cap of $2.27 billion. It operates in two divisions, Water Systems and Fueling Systems. It has a 27.49 P/E ratio. The Water Systems segment offers motors, pumps, electronic controls, and related parts and equipment.

Another recent and important Franklin Electric Co., Inc. (NASDAQ:FELE) news was published by Nasdaq.com which published an article titled: “Factors of Influence in 2018, Key Indicators and Opportunity within Newtek Business Services, Icahn Enterprises …” on September 04, 2018.

Franklin Electric Co., Inc. (NASDAQ:FELE) Institutional Positions Chart

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