Franklin Resources (NYSE:BEN) Stock Gets Price Target Trim from TD Cowen

Posted by Brian Himes on Oct 15th, 2026

Franklin Resources (NYSE:BEN – Free Report) had its price objective trimmed by TD Cowen from $40.00 to $38.00 in a report issued on Monday,Benzinga reports. The brokerage currently has a buy rating on the closed-end fund’s stock.

Other research analysts also recently issued reports about the stock. Keefe, Bruyette & Woods assumed coverage on shares of Franklin Resources in a research report on Wednesday, September 9th. They set a “hold” rating and a $38.00 target price on the stock. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Franklin Resources in a research note on Monday, August 31st. UBS Group started coverage on shares of Franklin Resources in a research report on Wednesday, October 7th. They set a “buy” rating and a $40.00 price target for the company. Morgan Stanley boosted their price target on shares of Franklin Resources from $34.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, September 25th. Finally, Wall Street Zen raised shares of Franklin Resources from a “hold” rating to a “buy” rating in a research note on Sunday, September 27th. Four equities research analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $35.89.

Read Our Latest Report on BEN

Franklin Resources Price Performance

Franklin Resources stock opened at $30.55 on Monday. The business’s 50-day simple moving average is $33.39 and its 200 day simple moving average is $31.65. The stock has a market cap of $15.52 billion, a price-to-earnings ratio of 11.14, a P/E/G ratio of 0.55 and a beta of 1.54. Franklin Resources has a 12-month low of $21.10 and a 12-month high of $36.28. The company has a quick ratio of 1.48, a current ratio of 1.48 and a debt-to-equity ratio of 1.22.

Franklin Resources (NYSE:BEN – Get Free Report) last announced its quarterly earnings data on Friday, July 31st. The closed-end fund reported $0.72 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.06. The firm had revenue of $2.36 billion during the quarter, compared to analyst estimates of $1.76 billion. Franklin Resources had a return on equity of 11.55% and a net margin of 8.72%. The company’s revenue was up 14.3% on a year-over-year basis. During the same period last year, the company earned $0.49 earnings per share. As a group, research analysts anticipate that Franklin Resources will post 2.91 earnings per share for the current year.

Franklin Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, October 9th. Stockholders of record on Wednesday, September 30th were paid a $0.33 dividend. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.32 dividend on an annualized basis and a dividend yield of 4.3%. Franklin Resources’s dividend payout ratio is 89.80%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in BEN. BlackRock Inc. bought a new stake in shares of Franklin Resources in the second quarter worth about $961,845,000. Azora Capital LP acquired a new stake in shares of Franklin Resources during the second quarter worth about $229,850,000. Bank of New York Mellon Corp bought a new position in shares of Franklin Resources during the 2nd quarter valued at about $152,692,000. Squarepoint Ops LLC lifted its holdings in shares of Franklin Resources by 188.2% during the 4th quarter. Squarepoint Ops LLC now owns 4,131,559 shares of the closed-end fund’s stock valued at $98,703,000 after purchasing an additional 2,697,743 shares in the last quarter. Finally, Kopernik Global Investors LLC lifted its holdings in shares of Franklin Resources by 4.6% during the 1st quarter. Kopernik Global Investors LLC now owns 3,522,587 shares of the closed-end fund’s stock valued at $83,204,000 after purchasing an additional 153,422 shares in the last quarter. 47.56% of the stock is currently owned by institutional investors.

About Franklin Resources

(Get Free Report)

Franklin Resources, Inc, operating under the Franklin Templeton brand, is a global investment management organization. The company provides investment solutions for individual investors, financial professionals, institutions and retirement-plan participants through a range of actively managed and specialized strategies.

Its products and services include mutual funds, exchange-traded funds, separately managed accounts, institutional mandates and alternative investment strategies. Franklin Templeton offers capabilities spanning equities, fixed income, multi-asset investing, private markets and other specialized areas, with investment teams and brands serving different market segments and regions.

Founded in 1947 by Rupert H.