Franklin Resources (NYSE:BEN – Get Free Report) released its earnings results on Friday. The closed-end fund reported $0.94 earnings per share for the quarter, topping analysts’ consensus estimates of $0.77 by $0.17, FiscalAI reports. The business had revenue of $1.88 billion for the quarter, compared to analyst estimates of $1.86 billion. Franklin Resources had a return on equity of 11.55% and a net margin of 8.72%. The business’s revenue was up 3.9% compared to the same quarter last year. During the same quarter last year, the firm posted $0.67 earnings per share.
Here are the key takeaways from Franklin Resources’ conference call:
- Franklin Templeton reported $84.1 billion in long-term net inflows for fiscal 2026, with positive flows in every quarter across regions and channels. Adjusted operating income rose 23% and adjusted operating margin expanded 350 basis points to 28%.
- Private-markets fundraising reached $43.2 billion for the year, and the company raised its fiscal 2029 fundraising target from $100 billion to $150 billion. Management cited demand across secondaries, private credit, real estate, and venture, while noting fiscal 2027 fundraising is expected to be around the mid-$30 billions.
- ETFs and Canvas both exceeded growth expectations: ETF AUM reached $84.6 billion and Canvas AUM reached $32.6 billion. Franklin Templeton more than doubled its fiscal 2029 targets to $200 billion for ETFs and $100 billion for Canvas.
- Management expects adjusted operating margin to reach approximately 30% in fiscal 2027 and raised its fiscal 2029 goal to 35%, citing growth, cost discipline, and operational efficiencies. The outlook assumes flat markets, and fiscal 2027 adjusted expenses are expected to be in line with or slightly above fiscal 2026.
Franklin Resources Stock Performance
Shares of NYSE BEN traded up $1.63 during mid-day trading on Friday, hitting $33.84. The stock had a trading volume of 7,203,101 shares, compared to its average volume of 3,711,410. The firm has a market cap of $17.19 billion, a PE ratio of 11.42, a PEG ratio of 0.57 and a beta of 1.56. The company has a debt-to-equity ratio of 1.22, a quick ratio of 1.48 and a current ratio of 1.48. The company has a 50 day moving average of $32.58 and a two-hundred day moving average of $30.38. Franklin Resources has a twelve month low of $21.10 and a twelve month high of $36.28.
Franklin Resources Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Friday, October 9th. Investors of record on Wednesday, September 30th were given a $0.33 dividend. This represents a $1.32 annualized dividend and a dividend yield of 3.9%. The ex-dividend date of this dividend was Wednesday, September 30th. Franklin Resources’s dividend payout ratio is presently 89.80%.
Analyst Ratings Changes
A number of analysts recently issued reports on the company. Zacks Research lowered Franklin Resources from a “strong-buy” rating to a “hold” rating in a report on Tuesday, August 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Franklin Resources in a report on Monday, August 31st. JPMorgan Chase & Co. boosted their price target on Franklin Resources from $34.00 to $35.00 and gave the stock a “neutral” rating in a research report on Monday, October 12th. Morgan Stanley increased their target price on shares of Franklin Resources from $34.00 to $35.00 and gave the company an “equal weight” rating in a research report on Friday, September 25th. Finally, Barclays reaffirmed a “mixed” rating on shares of Franklin Resources in a report on Wednesday, October 14th. Four analysts have rated the stock with a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $35.89.
Get Our Latest Research Report on BEN
More Franklin Resources News
Here are the key news stories impacting Franklin Resources this week:
- Positive Sentiment: Adjusted earnings were $0.94 per share, above analyst expectations of roughly $0.77–$0.78 and up from $0.67 a year earlier. Revenue of $1.88 billion also topped estimates of $1.86 billion and increased 3.9% year over year. Article: Franklin Templeton Q4 Earnings and Revenues Beat Estimates
- Positive Sentiment: Reports attributed the results to higher revenue, year-over-year growth in assets under management, robust long-term net inflows and lower operating expenses—indicators that support earnings momentum. Article: Franklin Q4 Earnings Beat Estimates on Higher Revenues, AUM Rises Year Over Year
About Franklin Resources
Franklin Resources, Inc, operating under the Franklin Templeton name, is a global investment management organization headquartered in San Mateo, California. The company provides investment solutions to individuals, financial professionals, institutions, and other clients worldwide.
Its products and services include mutual funds, exchange-traded funds, separately managed accounts, institutional portfolios, and alternative investment strategies. Through its investment teams and specialist affiliates, Franklin Templeton offers capabilities across equities, fixed income, multi-asset strategies, private markets, real assets, and other areas of asset management.
Franklin Resources was founded in 1947 by Rupert H.
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