Los Angeles Capital Management LLC Sells 367,756 Shares of Franklin Resources, Inc. $BEN

Posted by Geri Gentry on Jun 9th, 2026

Los Angeles Capital Management LLC trimmed its stake in Franklin Resources, Inc. (NYSE:BEN – Free Report) by 53.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 314,797 shares of the closed-end fund’s stock after selling 367,756 shares during the period. Los Angeles Capital Management LLC’s holdings in Franklin Resources were worth $7,168,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. PNC Financial Services Group Inc. lifted its stake in shares of Franklin Resources by 49.9% during the 3rd quarter. PNC Financial Services Group Inc. now owns 214,576 shares of the closed-end fund’s stock worth $4,963,000 after acquiring an additional 71,384 shares during the last quarter. Public Sector Pension Investment Board lifted its stake in shares of Franklin Resources by 1,109.0% during the 3rd quarter. Public Sector Pension Investment Board now owns 775,490 shares of the closed-end fund’s stock worth $17,937,000 after acquiring an additional 711,347 shares during the last quarter. Stratos Wealth Partners LTD. lifted its stake in shares of Franklin Resources by 368.0% during the 3rd quarter. Stratos Wealth Partners LTD. now owns 53,633 shares of the closed-end fund’s stock worth $1,241,000 after acquiring an additional 42,172 shares during the last quarter. Prana Capital Management LP lifted its stake in shares of Franklin Resources by 135.8% during the 3rd quarter. Prana Capital Management LP now owns 860,762 shares of the closed-end fund’s stock worth $19,909,000 after acquiring an additional 495,747 shares during the last quarter. Finally, Xponance Inc. lifted its stake in shares of Franklin Resources by 234.0% during the 3rd quarter. Xponance Inc. now owns 99,631 shares of the closed-end fund’s stock worth $2,304,000 after acquiring an additional 69,802 shares during the last quarter. 47.56% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on BEN. Evercore reissued an “underperform” rating and set a $32.00 price target on shares of Franklin Resources in a research note on Monday. TD Cowen reaffirmed a “buy” rating on shares of Franklin Resources in a research report on Thursday. JPMorgan Chase & Co. lifted their target price on Franklin Resources from $28.00 to $31.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Weiss Ratings raised Franklin Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, June 3rd. Finally, Wall Street Zen lowered Franklin Resources from a “buy” rating to a “hold” rating in a research report on Saturday. Four analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Franklin Resources presently has a consensus rating of “Hold” and a consensus target price of $30.00.

Get Our Latest Analysis on BEN

Franklin Resources Trading Up 0.2%

BEN opened at $31.39 on Tuesday. The firm has a market cap of $16.31 billion, a price-to-earnings ratio of 23.96, a PEG ratio of 0.82 and a beta of 1.55. The company has a current ratio of 1.87, a quick ratio of 1.87 and a debt-to-equity ratio of 1.10. Franklin Resources, Inc. has a 12 month low of $21.10 and a 12 month high of $32.47. The stock has a fifty day moving average price of $28.58 and a 200-day moving average price of $26.24.

Franklin Resources (NYSE:BEN – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The closed-end fund reported $0.71 EPS for the quarter, topping the consensus estimate of $0.55 by $0.16. The firm had revenue of $1.75 billion during the quarter, compared to analyst estimates of $1.70 billion. Franklin Resources had a return on equity of 10.58% and a net margin of 8.12%.The business’s revenue for the quarter was up 8.7% compared to the same quarter last year. During the same period in the previous year, the company posted $0.47 EPS. As a group, equities research analysts anticipate that Franklin Resources, Inc. will post 2.74 earnings per share for the current fiscal year.

Franklin Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 10th. Stockholders of record on Monday, June 29th will be given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 4.2%. The ex-dividend date of this dividend is Monday, June 29th. Franklin Resources’s payout ratio is presently 100.76%.

About Franklin Resources

(Free Report)

Franklin Resources, Inc, doing business as Franklin Templeton, is a global investment management organization that offers a wide range of asset management solutions to institutional and individual investors. The firm’s core focus is on delivering active portfolio management across equities, fixed income, multi-asset strategies and alternative investments. Franklin Templeton’s product lineup includes mutual funds, exchange-traded funds (ETFs), closed-end funds, separately managed accounts and sub-advisory services designed to meet varying risk-return objectives and income needs.

Founded in 1947 by Rupert H.