tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Franklin Electric Co Issues $125M in Senior Notes

Story Highlights
Franklin Electric Co Issues $125M in Senior Notes

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Franklin Electric Co ( (FELE) ) has provided an update.

On September 26, 2025, Franklin Electric Co. issued $125 million in Senior Notes due in 2032 under Private Shelf Agreements to refinance existing debt and finance working capital. This strategic financial move is expected to strengthen the company’s operational flexibility and market positioning.

The most recent analyst rating on (FELE) stock is a Buy with a $108.00 price target. To see the full list of analyst forecasts on Franklin Electric Co stock, see the FELE Stock Forecast page.

Spark’s Take on FELE Stock

According to Spark, TipRanks’ AI Analyst, FELE is a Outperform.

Franklin Electric’s overall stock score reflects its robust financial performance and positive earnings call insights, which are the most significant factors. The technical analysis and valuation scores are moderate, indicating some caution but not overshadowing the company’s strong operational execution and strategic positioning for future growth.

To see Spark’s full report on FELE stock, click here.

More about Franklin Electric Co

Franklin Electric Co. operates in the electrical equipment industry, focusing on the production and distribution of water and fueling systems. The company is known for its innovative solutions in water and fueling systems, catering to a global market.

Average Trading Volume: 236,450

Technical Sentiment Signal: Buy

Current Market Cap: $4.24B

See more insights into FELE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1