FELE Stock Price

FELE Stock Overview

Price

$95.91

Previous close

$99.76

Open

$100.47

Market cap

$4.42B

1-year price target

$120.00

MarketXLS Rank

77

About FELE

Franklin Electric Co., Inc., together with its subsidiaries, designs, manufactures, and distributes water and fuel pumping systems worldwide. The company operates through Water Systems, Distribution, and Energy Systems segments. The Water Systems segment offers motors, pumps, drives, electronic controls, monitoring devices, and related parts and equipment for use in groundwater, water transfer, and wastewater in a range of residential, agricultural, municipal, and industrial applications; and manufactures electronic drives and controls for the motors which control functionality and provide protection from various hazards, such as electrical surges, over-heating and dry wells or dry tanks. The Energy Systems segment produces and markets pumps, motors, pipe, sumps, fittings, vapor recovery components, electronic controls, monitoring devices and related parts and equipment for use in energy system applications; and tanks and the dispensers, including submersible pumps, motors, station hardware, piping, sumps, vapor recovery, corrosion control systems, and electronic controls and monitoring. This segment serves other energy markets, such as power reliability systems and includes intelligent electronic devices that are designed for online monitoring for the power utility, hydroelectric, rail, and telecommunication and data center infrastructure. The Distribution segment sells to and provides presale support and specifications to the installing contractors. The company sells its products to wholesale and retail distributors, specialty distributors, industrial and petroleum equipment distributors, as well as oil and utility companies, and original equipment manufacturers. Franklin Electric Co., Inc. was founded in 1944 and is headquartered in Fort Wayne, Indiana.