264,778 Shares in Franklin Resources, Inc. $BEN Acquired by Y Intercept Hong Kong Ltd

Posted by George Bondi on Jul 5th, 2026

Y Intercept Hong Kong Ltd bought a new stake in shares of Franklin Resources, Inc. (NYSE:BEN – Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 264,778 shares of the closed-end fund’s stock, valued at approximately $6,254,000.

Several other hedge funds have also recently added to or reduced their stakes in BEN. Mariner LLC increased its holdings in shares of Franklin Resources by 0.7% in the fourth quarter. Mariner LLC now owns 56,151 shares of the closed-end fund’s stock valued at $1,341,000 after buying an additional 377 shares in the last quarter. Zions Bancorporation National Association UT boosted its stake in shares of Franklin Resources by 35.5% during the 4th quarter. Zions Bancorporation National Association UT now owns 1,512 shares of the closed-end fund’s stock worth $36,000 after acquiring an additional 396 shares in the last quarter. Exchange Traded Concepts LLC boosted its stake in shares of Franklin Resources by 4.2% during the 4th quarter. Exchange Traded Concepts LLC now owns 9,751 shares of the closed-end fund’s stock worth $233,000 after acquiring an additional 397 shares in the last quarter. Horizon Investments LLC grew its holdings in shares of Franklin Resources by 4.3% in the 4th quarter. Horizon Investments LLC now owns 10,471 shares of the closed-end fund’s stock worth $250,000 after acquiring an additional 433 shares during the last quarter. Finally, Larson Financial Group LLC raised its position in shares of Franklin Resources by 48.1% during the fourth quarter. Larson Financial Group LLC now owns 1,392 shares of the closed-end fund’s stock worth $33,000 after purchasing an additional 452 shares during the period. Institutional investors and hedge funds own 47.56% of the company’s stock.

Franklin Resources Price Performance

Shares of NYSE:BEN opened at $34.05 on Friday. The company’s fifty day moving average is $31.58 and its two-hundred day moving average is $27.59. The company has a market cap of $17.69 billion, a P/E ratio of 25.99, a price-to-earnings-growth ratio of 0.88 and a beta of 1.54. Franklin Resources, Inc. has a 12-month low of $21.10 and a 12-month high of $34.55. The company has a quick ratio of 1.87, a current ratio of 1.87 and a debt-to-equity ratio of 1.10.

Franklin Resources (NYSE:BEN – Get Free Report) last issued its 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. Franklin Resources had a return on equity of 10.58% and a net margin of 8.12%.The business had revenue of $1.75 billion during the quarter, compared to analysts’ expectations of $1.70 billion. During the same quarter last year, the firm posted $0.47 earnings per share. Franklin Resources’s revenue was up 8.7% compared to the same quarter last year. Equities analysts expect that Franklin Resources, Inc. will post 2.79 earnings per share for the current fiscal year.

Franklin Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 10th. Investors of record on Monday, June 29th will be paid a $0.33 dividend. This represents a $1.32 annualized dividend and a yield of 3.9%. The ex-dividend date of this dividend is Monday, June 29th. Franklin Resources’s dividend payout ratio is currently 100.76%.

Analyst Upgrades and Downgrades

BEN has been the subject of several analyst reports. JPMorgan Chase & Co. upped their target price on Franklin Resources from $28.00 to $31.00 and gave the company a “neutral” rating in a report on Wednesday, April 29th. TD Cowen lifted their price target on Franklin Resources from $37.00 to $40.00 and gave the stock a “buy” rating in a research note on Monday, June 22nd. Weiss Ratings upgraded Franklin Resources from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, June 3rd. Barclays set a $31.00 price objective on shares of Franklin Resources and gave the company an “equal weight” rating in a research note on Wednesday, April 29th. Finally, Evercore reiterated an “underperform” rating and issued a $32.00 target price on shares of Franklin Resources in a report on Monday, June 8th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, four have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $30.67.

Read Our Latest Analysis on Franklin Resources

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.