Franklin Electric Co., Inc. - Common Stock (FELE)
Frequently Asked Questions About Franklin Electric Co., Inc. - Common Stock (FELE)
Does Franklin Electric offer warranties on its products?
Yes, Franklin Electric offers warranties on many of its products, demonstrating its commitment to quality and customer satisfaction. The specific terms and duration of warranties vary by product line, providing customers with assurance regarding the performance and reliability of their purchases.
Has Franklin Electric received any awards or recognition?
Yes, Franklin Electric has received several awards and recognition for its commitment to quality, innovation, and sustainability. These accolades highlight the company's achievements in product design, engineering excellence, and community service, reinforcing its reputation as a leader in the water and fuel management markets.
How can I invest in Franklin Electric?
Investing in Franklin Electric can be done by purchasing its stock through a brokerage account. Investors can buy shares under the Nasdaq ticker symbol 'FELE.' It is advisable for potential investors to conduct thorough research and consider the company's financial performance, market position, and overall industry trends before making investment decisions.
How does Franklin Electric contribute to the community?
Franklin Electric is committed to corporate social responsibility and gives back to the community through various initiatives. The company supports local organizations, engages in charitable activities, and promotes employee volunteerism, demonstrating its dedication to making a positive impact in the communities where it operates.
How does Franklin Electric prioritize sustainability?
Franklin Electric prioritizes sustainability by designing energy-efficient products and systems that help reduce resource consumption and environmental impact. The company is committed to sustainable practices in its operations and seeks to promote water conservation and responsible fuel management through its innovative solutions.
How many employees does Franklin Electric have?
As of the most recent data, Franklin Electric employs approximately 4,000 individuals worldwide. The company's workforce includes engineers, technical specialists, and support staff who are essential to its operations, product development, and customer service.
In which markets does Franklin Electric operate?
Franklin Electric operates in multiple markets, with a strong presence in the groundwater and fuel markets. Key sectors include residential water supply, agriculture, commercial construction, industrial applications, and fuel handling and storage, allowing the company to serve a wide range of customers globally.
Is Franklin Electric involved in research and development?
Yes, Franklin Electric places a strong emphasis on research and development to foster innovation and maintain its competitive edge. The company invests in developing new technologies and improving existing products, ensuring that its solutions meet the evolving needs of customers and market demands.
What are Franklin Electric's growth strategies?
Franklin Electric's growth strategies include expanding its product lines, entering new markets, and pursuing strategic acquisitions. The company aims to leverage its innovation capabilities, enhance its customer relationships, and capitalize on emerging industry trends to drive long-term growth and profitability.
What are Franklin Electric's main competitors?
Franklin Electric faces competition from various companies in the pump and water management industry, including Xylem Inc., Flowserve Corporation, and Grundfos. Each competitor offers a range of products and services that can overlap with Franklin Electric's offerings, prompting the company to continually innovate and differentiate itself.
What does Franklin Electric Co., Inc. do?
Franklin Electric Co., Inc. is a global manufacturer and distributor of products and systems focused on the movement, storage, and management of water and fuel. The company offers a wide range of products including pumps, motors, and controls for various applications such as groundwater, wastewater, and fuel handling. Franklin Electric serves diverse markets, including residential, commercial, and industrial sectors.
What future trends is Franklin Electric focusing on?
Franklin Electric is focusing on several key future trends, including the adoption of smart technologies, increased automation in water management, and sustainability initiatives. The company aims to integrate digital solutions into its product offerings to enhance efficiency, monitor performance, and improve overall water and fuel management for customers.
What is Franklin Electric's approach to customer service?
Franklin Electric emphasizes exceptional customer service as a core part of its business philosophy. The company seeks to provide reliable support through knowledgeable sales teams, accessible technical assistance, and comprehensive training programs, ensuring customers have the resources and information they need to successfully implement its solutions.
What is Franklin Electric's stock symbol?
Franklin Electric's stock is traded on the Nasdaq stock exchange under the symbol 'FELE'. The company was initially listed in 1960 and has since been a publicly traded entity, reflecting its growth and profitability in the water and fuel management industries.
What products does Franklin Electric offer?
Franklin Electric offers a wide array of products, including submersible and surface pumps, electric motors, control systems, water and fuel storage solutions, and related accessories. These products are designed for various applications, such as groundwater extraction, wastewater management, and fuel storage and dispensing.
What recent acquisitions has Franklin Electric made?
Franklin Electric has pursued strategic acquisitions to enhance its product offerings and expand its market reach. Recent acquisitions have included companies involved in pumped water systems, control technologies, and fuel systems, allowing Franklin Electric to strengthen its position in key markets and diversify its capabilities.
When was Franklin Electric founded?
Franklin Electric was founded in 1944 in Franklin, Indiana. Initially focused on electric motors, the company quickly expanded its product range to include pumps and other water management solutions, establishing a reputation for quality and innovation within the industry.
Where is Franklin Electric headquartered?
Franklin Electric is headquartered in Fort Wayne, Indiana, United States. The location facilitates access to a large customer base and enables efficient distribution of its diverse product offerings to various markets worldwide.
Who are Franklin Electric's primary customers?
Franklin Electric's primary customers include municipalities, contractors, and distributors across various sectors such as agriculture, commercial and residential construction, and industrial applications. The company also caters to fuel retailers and service stations with its fuel systems products.
What is the current price of Franklin Electric Co., Inc. - Common Stock?
The current price of Franklin Electric Co., Inc. - Common Stock is 86.61
When was Franklin Electric Co., Inc. - Common Stock last traded?
The last trade of Franklin Electric Co., Inc. - Common Stock was at 4:00 pm EDT on April 17th, 2025
What is the market capitalization of Franklin Electric Co., Inc. - Common Stock?
The market capitalization of Franklin Electric Co., Inc. - Common Stock is 4.02B
How many shares of Franklin Electric Co., Inc. - Common Stock are outstanding?
Franklin Electric Co., Inc. - Common Stock has 46.43M shares outstanding.