Franklin Resources (NYSE:BEN – Get Free Report) released its earnings results on Friday. The closed-end fund reported $0.72 EPS for the quarter, beating the consensus estimate of $0.66 by $0.06, FiscalAI reports. The firm had revenue of $2.28 billion during the quarter, compared to analysts’ expectations of $1.76 billion. Franklin Resources had a net margin of 8.12% and a return on equity of 10.58%. The business’s quarterly revenue was up 14.3% compared to the same quarter last year. During the same period in the prior year, the company earned $0.49 EPS.
Here are the key takeaways from Franklin Resources’ conference call:
- Broad-based organic growth: Franklin Templeton reported $18.4 billion in long-term net inflows for the quarter and $63.3 billion year to date, with positive flows across every asset class and geography; assets under management reached a record $1.8 trillion.
- Private markets exceeded expectations: Alternatives AUM reached a record $294 billion, while private-markets fundraising totaled $10.3 billion in the quarter and $33 billion year to date. Management now expects roughly $40 billion of private-markets fundraising for fiscal 2026, above its original $25 billion–$30 billion target.
- Growth platforms continued to scale: ETF AUM reached $75.6 billion with $7.1 billion of quarterly inflows, retail SMAs reached $187.6 billion with $4.4 billion of inflows, and Canvas AUM grew to $30.3 billion with $3.7 billion of inflows.
- Profitability improved: Adjusted operating income rose 35% year over year to $508.9 million, supported by higher average AUM, expense discipline and efficiency initiatives. Management expects operating margins near 30% in the fiscal fourth quarter and 29%–30% for full-year 2027, assuming flat markets.
- Public-private integration is a key strategic focus: Management is positioning its $620 billion combined public- and private-credit platform to win multi-asset credit mandates, while continuing to re-engage clients of Western Asset. Executives also noted ongoing pressure from distribution and platform fees, though they characterized it as a normal feature of the industry.
Franklin Resources Stock Up 2.2%
NYSE BEN opened at $33.91 on Friday. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.87 and a current ratio of 1.87. Franklin Resources has a 52 week low of $21.10 and a 52 week high of $34.92. The stock has a market capitalization of $17.62 billion, a P/E ratio of 23.07, a price-to-earnings-growth ratio of 0.75 and a beta of 1.54. The stock has a fifty day moving average of $32.67 and a 200-day moving average of $28.83.
Franklin Resources Announces Dividend
Key Franklin Resources News
Here are the key news stories impacting Franklin Resources this week:
- Positive Sentiment: Earnings and revenue beat estimates: Franklin reported adjusted earnings of approximately $0.72 per share, above the $0.66 consensus estimate and up from $0.49 a year earlier. Revenue reached about $2.28 billion, exceeding the $1.76 billion estimate and increasing 14.3% year over year. Franklin Resources Tops Q3 Earnings and Revenue Estimates
- Positive Sentiment: Record AUM and healthier flows: Assets under management reached approximately $1.79 trillion at June 30, supported by market gains and $18.4 billion of long-term net inflows. Western Asset Management’s $1 billion of long-term outflows represented an improvement over recent periods, suggesting better asset-gathering momentum. Franklin Q3 Earnings Beat on Higher Revenues, AUM Hits Record High
- Positive Sentiment: Capital returns supported the investment case: Franklin repurchased 10.4 million shares for $348.1 million and returned $521.5 million to shareholders during the quarter, including dividends and buybacks. Franklin Resources Reports Quarterly Net Income
- Neutral Sentiment: Corporate rebranding: The company will change its name to Franklin Templeton, Inc. on August 17, 2026, while retaining the NYSE ticker BEN. The change may improve brand alignment but does not directly alter operations or shareholder economics. Franklin Resources Rebrands as Franklin Templeton
- Negative Sentiment: GAAP results and expenses remain concerns: Reported net income was $171.5 million, or $0.31 per diluted share, below the prior quarter’s $268.2 million and $0.49 per share. Higher expenses also tempered the otherwise strong quarter.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the stock. Wall Street Zen upgraded shares of Franklin Resources from a “hold” rating to a “buy” rating in a research note on Sunday, June 14th. TD Cowen upped their target price on Franklin Resources from $37.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, June 22nd. Barclays increased their price objective on shares of Franklin Resources from $31.00 to $34.00 and gave the company an “equal weight” rating in a research note on Tuesday, July 14th. JPMorgan Chase & Co. increased their price target on shares of Franklin Resources from $28.00 to $31.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Finally, The Goldman Sachs Group raised their target price on Franklin Resources from $30.50 to $34.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $32.00.
Check Out Our Latest Analysis on BEN
Hedge Funds Weigh In On Franklin Resources
Hedge funds and other institutional investors have recently bought and sold shares of the business. &PARTNERS acquired a new position in Franklin Resources in the fourth quarter valued at about $216,000. DRW Securities LLC acquired a new stake in Franklin Resources in the fourth quarter worth $209,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its holdings in shares of Franklin Resources by 116.8% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 8,476 shares of the closed-end fund’s stock valued at $202,000 after buying an additional 4,566 shares during the period. Van ECK Associates Corp acquired a new stake in Franklin Resources during the 3rd quarter worth $191,000. Finally, Federated Hermes Inc. bought a new stake in shares of Franklin Resources in the second quarter worth about $169,000. 47.56% of the stock is owned by institutional investors.
Franklin Resources Company Profile
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.
Featured Stories
- Five stocks we like better than Franklin Resources
- Netflix’s Big Sell-Off May Be Sending the Wrong Signal
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
Receive News & Ratings for Franklin Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Franklin Resources and related companies with MarketBeat.com's FREE daily email newsletter.
