Franklin Electric
Manufactures water, fuel, electricity distribution systems
Global Business Strategy Development Intern
About the job
- Currently pursuing a degree, preferably in Computer Science, Information Systems, Operations Research, Analytics, Mathematics, Business, or Finance.
- Proficiency in data analysis using Microsoft Excel and Power BI.
- Experience with relational database modeling, including creating and managing data models.
- Ability to communicate information and respond to questions in person-to-person and small-group situations.
- Ability to maintain confidentiality and use discretion with business information.
- Ability to read and understand policy manuals, safety rules, operating and maintenance instructions, and procedure manuals.
- Familiarity with relational databases, Microsoft Excel, data visualization tools such as Power BI and Tableau, and the Microsoft Office suite.
- Ability to sit continuously; use hands to finger, handle, or feel; and talk or hear.
- Ability to reach with hands and arms regularly, and stand and walk occasionally.
- Ability to occasionally lift or move up to 10 pounds.
- Close vision is required.
- Translate business questions into specific data and reporting requirements.
- Design and develop data models using relational databases.
- Develop and monitor Power BI reports that deliver actionable insights.
- Validate internal data for integrity, identify gaps, and collaborate to resolve gaps.
- Train users and present findings of analyses.
- Maintain project documentation.
- Gather and analyze data for ad hoc analysis.
- Perform other related duties as required or assigned.
- Junior, senior, or graduate student status is preferred.
- Knowledge of SQL, Python, or database administration is nice to have.
About the company
Franklin Electric designs and distributes systems that move and manage water, fuel, and electricity, offering motors, pumps, drives, controls, and related equipment through a global network of facilities and distributors. Its products are built to provide reliable pumping, power transmission, and fluid handling for water supply, fuel delivery, and electrical applications. The company combines integrated hardware and subsystems with customer-ready support so facilities can install efficient water, fuel, and electrical systems. Its goal is to be a global leader in moving and managing water, fuel, and electricity by delivering dependable products and worldwide service.
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Fort Wayne, Indiana
Founded
1944
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Simplify's Take
What believers are saying
- Second-quarter 2026 sales rose 6% to $622.9 million, and adjusted EPS hit $1.55.
- Management raised 2026 guidance to $2.21-$2.29 billion sales and $4.50-$4.70 EPS.
- New products generated over $10 million in Q2 sales, with data-center wins expanding.
What critics are saying
- Energy Systems absorbed a $4.5 million legal settlement in Q2 2026.
- Tariffs, inflation, and softer Europe and South America demand squeezed margins in 2026.
- The Cat Pumps earnout pays stock through 2028, adding dilution and integration risk.
What makes Franklin Electric unique
- Franklin Electric's September 4, 2026 Cat Pumps deal adds high-pressure, aftermarket-heavy flow control.
- Cat Pumps brought $115 million revenue and $45 million EBITDA in 2025.
- Joe Ruzynski's 2027 investor day promises refreshed midterm guidance and long-term value creation.
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Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Hybrid Work Options
Paid Vacation
Paid Holidays
Parental Leave
Fertility Treatment Support
Adoption Assistance
Tuition Reimbursement
Professional Development Budget
Wellness Program
Company News
Geofluid 2026 - 7th to 10th October - Italy. 11 September 2026 Geoquip Water Solutions Ltd is excited to share that Geoquip Water Solutions, Franklin Electric, and Millars Products will be exhibiting at Geofluid 2026 in Piacenza, Italy. As one of the leading international events for the drilling, extracting, and conveying industries, Geofluid is the perfect opportunity to connect with industry professionals and discover the latest innovations. Visit its stand (Aisle E, Stand 311) where Geoquip Water Solutions Ltd will be showcasing BoreSaver Well Rehabilitation products and Laval downhole camera systems. Its expert solutions help water professionals maximise borehole performance, diagnose issues, and extend asset life. Its team will be on hand to discuss how these solutions which can support your dewatering and underground conveyancing projects. 7 - 10 October 2026 Piacenza Expo, Italy Aisle E, Stand 311 Drop by its stand or talk to its team on well rehabilitation products today
Franklin Electric acquires Cat Pumps in deal worth up to $400M. The deal adds approximately $115 million in annual revenue and expands Franklin Electric's commercial and industrial flow control portfolio into high-pressure pumps and aftermarket products. Franklin Electric completed the acquisition of high-pressure pump manufacturer Cat Pumps in a transaction valued at up to $400 million. Fort Wayne, IN-based Franklin Electric paid $350 million in cash, with the agreement including a potential earnout of up to $50 million in company stock based on future performance. The transaction closed Sept. 4 and was funded through available cash and borrowings under Franklin Electric's existing credit facilities. Minneapolis-based Cat Pumps manufactures high-pressure positive displacement plunger and piston pumps for commercial and industrial applications. Its products serve markets that include industrial and vehicle cleaning, oil and gas, manufacturing, reverse osmosis and water treatment, food and beverage production, specialty vehicles and water misting. The company generated approximately $115 million in 2025 revenue and $45 million in adjusted EBITDA. Cat Pumps also derives a significant portion of its revenue from aftermarket parts, accessories and other consumables sold through a worldwide distributor network. "This acquisition accelerates our strategy to build a broader, more resilient flow control company," Franklin Electric CEO Joe Ruzynski said. "Cat Pumps brings a premium brand with exceptional customer loyalty, proprietary technology and deep expertise in demanding commercial and industrial applications." Franklin Electric said the acquisition expands its addressable market by more than $1 billion while creating opportunities to grow Cat Pumps internationally through Franklin Electric's distribution network. The transaction is expected to contribute to adjusted earnings during 2027, the first full year under Franklin Electric's ownership. Cat Pumps will operate within Franklin Electric's Energy Systems segment and continue going to market under its existing brand. Franklin Electric expects to have a net leverage ratio of approximately 1.5 following the transaction. The purchase is Franklin Electric's first announced acquisition since February 2025, when it added industrial pump manufacturers Barnes de Colombia and Australia-based PumpEng. Those transactions expanded the company's presence in Latin America and the Australian mining sector, respectively. Franklin Electric manufactures and distributes systems and technologies used to move and protect water, fuel and electricity across residential, commercial, agricultural, industrial, municipal and energy applications. Recommended Reading
Flow control leader adds complementary high-pressure technology, an industry leading brand, and exposure to growing commercial and industrial end ...
Segall Bryant & Hamill LLC buys 216,250 shares of Franklin Electric Co., Inc. $FELE. August 1, 2026 Key points. * Segall Bryant & Hamill increased its Franklin Electric stake by 81.4%, purchasing 216,250 additional shares to own 481,906 shares valued at approximately $44.4 million. Institutional investors collectively hold about 80% of the company. * Franklin Electric exceeded quarterly expectations, reporting $1.55 in EPS versus the $1.44 consensus and revenue of $622.9 million, up 6% year over year. The company guided for fiscal 2026 EPS of $4.50-$4.70. * The company declared a quarterly dividend of $0.28 per share, equivalent to a 1.1% annual yield, while analysts maintain a consensus "Hold" rating and an average price target of $114.50. Insiders have sold 14,647 shares worth approximately $1.49 million over the past 90 days. * MarketBeat previews the top five stocks to own by September 1st. Segall Bryant & Hamill LLC grew its position in Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report) by 81.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 481,906 shares of the industrial products company's stock after purchasing an additional 216,250 shares during the quarter. Segall Bryant & Hamill LLC owned approximately 1.09% of Franklin Electric worth $44,417,000 as of its most recent SEC filing. Several other large investors have also made changes to their positions in the business. Teacher Retirement System of Texas boosted its position in shares of Franklin Electric by 19.4% in the fourth quarter. Teacher Retirement System of Texas now owns 69,988 shares of the industrial products company's stock valued at $6,686,000 after acquiring an additional 11,351 shares during the period. Seizert Capital Partners LLC bought a new position in Franklin Electric during the fourth quarter worth about $3,760,000. Principal Financial Group Inc. boosted its stake in Franklin Electric by 4.8% in the 1st quarter. Principal Financial Group Inc. now owns 224,135 shares of the industrial products company's stock valued at $20,659,000 after buying an additional 10,325 shares in the last quarter. OLD National Bancorp IN bought a new stake in shares of Franklin Electric in the 1st quarter worth about $2,010,000. Finally, Gamco Investors INC. ET AL increased its holdings in shares of Franklin Electric by 4.4% during the first quarter. Gamco Investors INC. ET AL now owns 256,624 shares of the industrial products company's stock worth $23,653,000 after buying an additional 10,858 shares in the last quarter. Institutional investors and hedge funds own 79.98% of the company's stock. Insider activity. In other Franklin Electric news, insider Jonathan M. Grandon sold 8,547 shares of the firm's stock in a transaction on Tuesday, June 9th. The stock was sold at an average price of $103.40, for a total transaction of $883,759.80. Following the transaction, the insider owned 7,509 shares in the company, valued at $776,430.60. This trade represents a 53.23% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Delancey W. Davis sold 1,900 shares of the company's stock in a transaction dated Tuesday, May 26th. The stock was sold at an average price of $100.00, for a total transaction of $190,000.00. Following the sale, the insider directly owned 10,402 shares of the company's stock, valued at $1,040,200. This represents a 15.44% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 14,647 shares of company stock worth $1,486,326 over the last 90 days. 2.89% of the stock is currently owned by corporate insiders. Franklin Electric trading up 1.2%. Franklin Electric stock opened at $104.72 on Friday. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.14 and a current ratio of 2.41. The stock has a market capitalization of $4.63 billion, a P/E ratio of 30.18, a PEG ratio of 1.85 and a beta of 1.03. Franklin Electric Co., Inc. has a 52 week low of $89.54 and a 52 week high of $115.82. The stock has a 50-day simple moving average of $103.36 and a 200 day simple moving average of $100.22. Discover more American Consumer News Company Earnings MarketBeat Research Tools Franklin Electric (NASDAQ:FELE - Get Free Report) last posted its quarterly earnings results on Tuesday, July 28th. The industrial products company reported $1.55 earnings per share for the quarter, beating analysts' consensus estimates of $1.44 by $0.11. The business had revenue of $622.88 million for the quarter, compared to analysts' expectations of $605.92 million. Franklin Electric had a return on equity of 15.18% and a net margin of 7.06%.The firm's revenue for the quarter was up 6.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.31 EPS. Franklin Electric has set its FY 2026 guidance at 4.500-4.700 EPS. Analysts expect that Franklin Electric Co., Inc. will post 4.65 earnings per share for the current year. Franklin Electric dividend announcement. The company also recently declared a quarterly dividend, which will be paid on Thursday, August 20th. Investors of record on Thursday, August 6th will be paid a $0.28 dividend. The ex-dividend date is Thursday, August 6th. This represents a $1.12 annualized dividend and a yield of 1.1%. Franklin Electric's payout ratio is 32.28%. Wall Street analysts forecast growth. A number of equities research analysts have commented on the stock. DA Davidson increased their price objective on shares of Franklin Electric from $100.00 to $105.00 and gave the stock a "neutral" rating in a report on Wednesday. Weiss Ratings upgraded shares of Franklin Electric from a "hold (c)" rating to a "hold (c+)" rating in a research report on Thursday. Robert W. Baird increased their price target on Franklin Electric from $118.00 to $124.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, Wall Street Zen raised shares of Franklin Electric from a "hold" rating to a "buy" rating in a research report on Saturday, May 2nd. Three research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $114.50. Franklin Electric company profile. Franklin Electric Co, Inc is a world-leading manufacturer and distributor of systems and components for moving and managing water and fuel. Headquartered in Fort Wayne, Indiana, the company specializes in designing engineered pumping systems and related controls for residential, commercial and industrial applications. Founded in 1944, Franklin Electric has built its reputation on submersible and surface pumping solutions for water wells, municipal water and wastewater treatment, irrigation and industrial fluid handling. Want to see what other hedge funds are holding FELE? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franklin Electric Co., Inc. (NASDAQ:FELE - Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected]. Before you consider Franklin Electric, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franklin Electric wasn't on the list. While Franklin Electric currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys. The AI boom extends far beyond the biggest tech names. Discover 10 companies supplying the memory, storage, networking, semiconductor manufacturing, and power infrastructure that make AI possible. Learn where the next wave of AI investment opportunities may emerge - and the key risks investors should watch as the global AI buildout accelerates.
Franklin Electric reported second quarter 2026 results with consolidated net sales of $622.9 million, up 6% year-over-year. Net sales increased across all three segments: 5% in Water Systems, 3% in Energy Systems, and 11% in Distribution. Operating income rose 6% to $93.6 million, with an operating margin of 15.0%. GAAP fully diluted earnings per share reached $1.46, an 11% increase, whilst adjusted diluted EPS grew 18% to $1.55. CEO Joe Ruzynski attributed the performance to organic volume growth initiatives, including acquiring new customers and investing in innovation across high-growth applications. The company is managing inflationary pressures in sourced materials and logistics. Based on this strong performance, Franklin Electric increased both revenue and EPS guidance for the year.