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Jonathan M. Grandon, Chief Administrative Officer of Franklin Electric Co Inc (NASDAQ:FELE), a $4.26 billion market cap company with a strong financial health rating according to InvestingPro, sold 10,036 shares of company stock on August 13, 2025. The shares were sold at a price of $98.0339, for a total transaction value of $983,868. The company, known for its 32-year consecutive dividend growth streak, currently trades at $95.70 with a P/E ratio of 24.5x.
Following the transaction, Grandon directly owns 8,171 shares of Franklin Electric , including 1,698 restricted shares vesting on February 20, 2028, 1,715 restricted shares vesting on February 22, 2027, 1,555 restricted shares vesting on February 16, 2026, and 3,203 shares owned outright. According to InvestingPro analysis, the stock generally trades with low price volatility, making it an interesting consideration for stability-focused investors. Get access to 8 more exclusive ProTips and a comprehensive research report for FELE through InvestingPro’s premium subscription.
In other recent news, Franklin Electric Co. Inc. reported its second quarter 2025 earnings, surpassing analysts’ expectations. The company achieved an earnings per share of $1.31, exceeding the forecasted $1.29. Additionally, Franklin Electric’s revenue reached $587.4 million, which was above the projected $566.56 million. These results have been positively received by investors. The company’s performance has drawn attention from various analyst firms. While specific upgrades or downgrades were not mentioned, the earnings beat is likely to influence future analyst assessments. These recent developments highlight Franklin Electric’s current financial standing.
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