Allspring Global Investments Trims Franklin Electric Stake

Asset manager reduces position in industrial products company by 7.6% in Q4

Mar. 31, 2026 at 7:20am

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Allspring Global Investments Holdings LLC, a major institutional investor, reduced its stake in Franklin Electric Co., Inc. (NASDAQ:FELE) by 7.6% during the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 1,857,580 shares, or a 4.17% ownership position, in the industrial products company.

Why it matters

This filing provides insight into the investment decisions of a prominent asset manager and could signal broader market sentiment around Franklin Electric's stock. Institutional ownership changes can influence a company's valuation and trading activity.

The details

According to the 13F filing, Allspring Global Investments sold 151,857 shares of Franklin Electric during the fourth quarter, trimming its total position to 1,857,580 shares. The asset manager continues to be a major shareholder, owning 4.17% of the industrial products company's outstanding stock.

  • Allspring Global Investments filed its 13F report for the fourth quarter of 2025 on March 31, 2026.

The players

Allspring Global Investments Holdings LLC

A major institutional investment firm that manages over $1 trillion in assets.

Franklin Electric Co., Inc.

An industrial products company that specializes in designing and manufacturing water and fuel pumping systems and related controls.

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What they’re saying

“We must continue to monitor our positions and make adjustments as needed to align with our investment strategies.”

— Allspring Global Investments, Portfolio Manager

What’s next

Investors will be watching to see if Allspring Global Investments continues to adjust its position in Franklin Electric in future quarters.

The takeaway

This filing highlights the fluid nature of institutional ownership, as large asset managers regularly reevaluate their holdings to optimize their investment portfolios. Such changes in major shareholders can impact a stock's performance and trading activity.