Company profile

Ticker
FELE
Exchange
CEO
Gregg C. Sengstack
Employees
Incorporated in
Location
Fiscal year end
Industry (SEC)
SEC CIK
IRS number
350827455

FELE stock data

(
)

Calendar

5 May 20
2 Jul 20
31 Dec 20

News

Company financial data Financial data

Quarter (USD) Mar 20 Dec 19 Sep 19 Jun 19
Revenue 266.75M 320.1M 348.4M 355.4M
Net income 10.79M 20M 34.1M 32.8M
Diluted EPS 0.23 0.42 0.72 0.7
Net profit margin 4.05% 6.25% 9.79% 9.23%
Operating income 13.82M 28.6M 42.72M 43.69M
Net change in cash -24.42M 16.6M 6.81M -13.37M
Cash on hand 39.99M 64.41M 47.81M 40.99M
Cost of revenue 176.44M 218.85M 230.79M 235.62M
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue 1.31B 1.3B 1.12B 949.86M
Net income 96M 105.52M 78.59M 79.32M
Diluted EPS 2.03 2.23 1.65 1.65
Net profit margin 7.30% 8.13% 6.99% 8.35%
Operating income 127.13M 131.99M 107.23M 110.8M
Net change in cash 5.23M -8.06M -37.1M -30.22M
Cash on hand 64.41M 59.17M 67.23M 104.33M
Cost of revenue 886.48M 865.76M 747.93M 618.45M

Financial data from company earnings reports

Date Owner Security Transaction Code $Price #Shares $Value #Remaining
30 Jun 20 Steven William Aikman common stock Sale back to company Dispose D 0 3,018 0 11,860
30 Jun 20 Steven William Aikman common stock Grant Aquire A 52.52 3,248 170.58K 16,181
30 Jun 20 Steven William Aikman common stock Payment of exercise Dispose F 52.52 1,303 68.43K 14,878
11 Jun 20 Gregg C Sengstack common stock Gift Dispose G 0 100 0 461,784
8 Jun 20 David A Roberts common stock Other Dispose J 56.29 0.15 8.44 31,919
8 Jun 20 David A Roberts common stock Option exercise Aquire M 56.29 5,567.15 313.37K 31,919.15
8 Jun 20 David A Roberts stock units common stock Option exercise Dispose M 0 5,567.15 0 0
28 May 20 Julie Scheck Freigang common stock Sell Dispose S 51.71 6,672 345.01K 9,668
28 May 20 Julie Scheck Freigang common stock Option exercise Aquire M 29.08 6,672 194.02K 16,340
28 May 20 Julie Scheck Freigang option common stock Option exercise Dispose M 29.08 6,672 194.02K 0
76.6% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 203 206 -1.5%
Opened positions 28 38 -26.3%
Closed positions 31 22 +40.9%
Increased positions 63 57 +10.5%
Reduced positions 75 70 +7.1%
13F shares
Current Prev Q Change
Total value 4.51B 5.33B -15.4%
Total shares 35.35M 36.79M -3.9%
Total puts 2.5K 0 +Infinity%
Total calls 2.2K 0 +Infinity%
Total put/call ratio 1.1
Largest owners
Shares Value Change
BLK BlackRock 6.27M $295.44M -0.6%
Vanguard 4.59M $216.41M +0.4%
IPXAF Impax Asset Management 2.73M $128.14M -10.2%
STT State Street 2.49M $117.55M +99.4%
Earnest Partners 2.31M $108.94M +2.4%
WFC Wells Fargo & Co. 2.19M $103.13M -1.1%
Dimensional Fund Advisors 1.64M $77.12M +0.2%
King Luther Capital Management 1.22M $57.57M -1.7%
Geode Capital Management 614.33K $28.95M +5.1%
NTRS Northern Trust 605.94K $28.56M +0.9%
Largest transactions
Shares Bought/sold Change
STT State Street 2.49M +1.24M +99.4%
Norges Bank 0 -614.58K EXIT
Royce & Associates 402.21K -475.4K -54.2%
Vaughan Nelson Investment Management 553.39K -314.22K -36.2%
IPXAF Impax Asset Management 2.73M -310.96K -10.2%
Chartwell Investment Partners 0 -228.74K EXIT
Amundi Pioneer Asset Management 7.8K -117.45K -93.8%
Aqr Capital Management 33.03K -114.2K -77.6%
MS Morgan Stanley 229.23K -97.83K -29.9%
BAC Bank of America 302.36K -84.34K -21.8%

Financial report summary

?
Competition
Dover
Management Discussion
  • Sales in the first quarter of 2020 decreased from the first quarter of last year. Sales in the quarter declined by $24 million or about 8 percent primarily due to lower Water and Fueling Systems sales volumes and foreign currency exchange partially offset by achieved price. The Company's consolidated gross profit was $90.3 million for the first quarter of 2020, an increase from the prior year’s first quarter. The gross profit as a percent of net sales was 33.9 percent in the first quarter of 2020 versus 30.8 percent during the first quarter 2019 and improved primarily due to better price realization and product sales mix.
  • The top priority of the Company is the health and welfare of its employees and partners around the world. In response to the health risks posed by the Global Pandemic, the Company implemented and has been following the recommended hygiene and social distancing practices promulgated by the United States Centers for Disease Control and the World Health Organization.
  • The Company’s products and services are generally viewed as essential in most jurisdictions in which the Company operates. Accordingly, the Company’s global manufacturing and distribution operations generally remain open subject to temporary government mandated closures which have occurred in China, Italy, South Africa, India and several countries in South America. These temporary closures have not had a material impact on the ability to supply products to the Company’s customers.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
8th grade Avg
New words: ability, accelerated, adjacent, ago, aimed, analyze, assistance, bad, behavior, care, carryback, catastrophic, channel, chapter, check, civil, complexity, complying, construction, deduction, deferral, deleveraging, depreciation, destocking, Disease, distancing, economy, electronically, emergency, emerging, employer, essential, factor, feel, file, filed, filer, filing, filling, fourth, franchise, hygiene, Identification, incorporated, intent, Interactive, issuer, Italy, Japan, Korea, large, legislation, mandated, mark, occurred, outlook, pandemic, par, past, payroll, pending, plumbing, portion, posed, post, posted, preceding, President, priority, promulgated, recommended, refundable, registered, registrant, revised, Rule, seasonal, Section, shaft, shell, shorter, significantly, site, slower, smaller, social, submit, submitted, technical, temporary, terrorism, top, Trump, unexercised, unexpected, unrest, unvested, viewed, war, WASHINGTON, Web, welfare, wide, world
Removed: account, adjustment, applying, arising, branded, capitalizing, choose, classification, Cloud, collection, comparative, Computing, consistent, continue, contract, convert, cumulative, depend, depict, develop, disaggregate, disaggregated, disclose, discount, distinct, distributor, diversification, Division, earliest, East, enable, enactment, Europe, evidenced, February, Finally, flat, FOB, Footnote, found, fulfill, geographical, good, greater, handling, hardware, Headwater, hindsight, hosting, implicit, index, individually, initially, investment, lessee, lessor, license, long, met, Michigan, Middle, obtain, opening, optional, package, Pioneer, policy, Power, practical, prescribed, professional, promise, promised, prospectively, Pump, qualify, reassessment, reclassification, reclassified, reclassify, reconciliation, reduced, release, reported, retained, Rotor, ROU, sale, satisfied, segregated, shipping, short, software, SPD, station, Stationary, stranded, subsequently, SUBSIDIARIESCONDENSED, SUBSIDIARIESINDEX, substantially, Subtopic, sufficient, Targeted, timing, understand, utilize, utilized, utilizing

Patents

APP
Utility
Motor Drive System Including Removable Bypass Circuit And/or Cooling Features
4 Jun 20
A motor control system to drive an alternating-current (AC) motor, including a motor drive with a power circuit and a motor drive controller powered by the power circuit and configured to cause the power circuit to generate a motor voltage; a motor drive contactor having first contacts electrically connected between the power circuit and the AC motor; a bypass contactor having second contacts electrically connected between a line voltage source and the AC motor; and a bypass controller communicatively coupled with the motor drive contactor and the bypass contractor; wherein the motor drive controller is structured to generate a speed reference and to command the bypass controller to connect the AC motor to the line voltage source upon the motor drive controller determining that the speed reference is substantially equal to a line frequency of the line voltage source.
APP
Utility
Adjustable Spill Containment System
28 May 20
A tank collar has an adjustable mounting surface for a containment sump, such that the containment sump may be adjusted on the tank collar to be substantially plumb, even if the tank collar itself is not plumb.
GRANT
Utility
Discrete power component assembly
26 May 20
A motor drive and a discrete power component assembly.
APP
Utility
In Lead Capacitor
21 May 20
A capacitor assembly and a method of making the capacitor assembly.
APP
Utility
Pressure Vacuum Valve
14 May 20
A P/V valve that can be positioned at a working height above grade (i.e., a height reachable by a service technician positioned at grade) while still providing appropriate resistance to fire and explosion by venting to atmosphere at an appropriate height above grade (e.g., 12 feet) is disclosed.