Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Hyderabad, India.
IPO Year:
Exchange: NYSE
Website: franklinresources.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 1/6/2025 | $21.00 → $22.00 | Sell → Neutral | Goldman |
| 9/12/2024 | $20.00 | Equal Weight | Wells Fargo |
| 8/27/2024 | $20.00 | Underweight | Barclays |
| 1/8/2024 | $24.00 → $30.00 | Underweight → Equal Weight | Wells Fargo |
| 1/4/2024 | $32.00 | Market Perform | TD Cowen |
| 7/10/2023 | $20.00 → $24.00 | Market Perform | BMO Capital Markets |
| 12/15/2022 | $26.00 | Underweight | Wells Fargo |
| 10/19/2022 | $21.00 | Neutral | Credit Suisse |
| 9/8/2022 | $28.00 → $25.00 | Neutral → Underperform | BofA Securities |
| 6/29/2022 | Mkt Perform → Underperform | Keefe Bruyette |
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13G/A - FRANKLIN RESOURCES INC (0000038777) (Subject)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
SC 13D/A - FRANKLIN RESOURCES INC (0000038777) (Filed by)
13F-HR - FRANKLIN RESOURCES INC (0000038777) (Filer)
8-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
S-3ASR - FRANKLIN RESOURCES INC (0000038777) (Filer)
10-Q - FRANKLIN RESOURCES INC (0000038777) (Filer)
8-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
DEF 14A - FRANKLIN RESOURCES INC (0000038777) (Filer)
13F-HR/A - FRANKLIN RESOURCES INC (0000038777) (Filer)
10-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
13F-HR - FRANKLIN RESOURCES INC (0000038777) (Filer)
8-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
EZPZ provides investors with exposure to spot Bitcoin and Ethereum Franklin Templeton today launched the Franklin Crypto Index ETF (EZPZ), an innovative exchange-traded product (ETP) providing exposure to the price movements of the two most prominent cryptocurrencies - bitcoin and ether. EZPZ's sponsor fee of 0.19 percent will be waived for investors until August 31, 20251. "The rapid growth of our ETF business reflects our unwavering commitment to staying at the forefront of innovation," said David Mann, Global Head of ETF Product and Capital Markets at Franklin Templeton. "EZPZ offers a convenient and low-cost way to gain exposure to the two most established and largest blockchain ecosy
Fee waiver extension for FLVI and FLVU and distribution frequency changes for certain funds also announced TORONTO, Feb. 19, 2025 /CNW/ - Franklin Templeton Canada today announced fee reductions of up to 35 basis points for various series of Franklin ClearBridge Canadian Small Cap Fund. With a 4-star Morningstar rating for its 3- and 5-year performance1, Franklin ClearBridge Canadian Small Cap Fund has outperformed the Canadian Small/Mid-Cap Equity category and the S&P/TSX Small Cap TRI2 over 1-, 3- and 5-year periods3. "Our Calgary-based team is committed to actively investing in their highest-conviction small cap ideas within the Canadian market, while employing a consistent, disciplined i
Franklin Resources, Inc. (Franklin Templeton) (NYSE:BEN) today reported preliminary month-end assets under management (AUM) of $1.58 trillion at January 31, 2025, compared to $1.58 trillion at December 31, 2024. This month's AUM reflected the impact of positive markets, partially offset by preliminary long-term net outflows of $13 billion, inclusive of $17 billion of long-term net outflows at Western Asset Management.1 Excluding Western Asset Management, preliminary long-term net inflows were $4 billion. By Asset Class: (In USD billions) Preliminary 31-Jan-25 31-Dec-24 30-Sep-24 30-Jun-24 31-Jan-24
Franklin Resources, Inc. (the "Company") (NYSE:BEN) announced a quarterly cash dividend in the amount of $0.32 per share payable on April 11, 2025 to stockholders of record holding shares of common stock at the close of business on March 31, 2025. The quarterly dividend of $0.32 per share is equivalent to the dividend paid for the prior quarter and represents a 3.2% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templeton Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients ach
Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024, as compared to net loss of $84.7 million or $0.19 per diluted share for the previous quarter, and net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023. Operating income was $219.0 million for the quarter ended December 31, 2024, as compared to operating loss of $150.7 million for the previous quarter and operating income of $206.5 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies ot
Cboe Canada Inc. ("Cboe Canada") is pleased to announce the launch of a new ETF from Franklin Templeton Canada ("Franklin Templeton"). Now trading on Cboe Canada under the symbol FMID, Franklin U.S. Mid Cap Multifactor Index ETF provides access to mid-capitalization U.S. equities. The new fund aims to track the performance of LibertyQ U.S. Mid Cap Equity Index – NR (the "Index"). The Index is a systematic, rules-based index designed to select equity securities from an underlying index, Russell Midcap Index – NR, using a multi-factor approach to select equities with quality, value, momentum and low volatility. "Many investors are concerned about valuations and the concentration of top-we
Q4 2024 Advisor Pulse Survey reveals significant increase in crypto ownership and recommendations GREAT FALLS, Va., Jan. 30, 2025 /PRNewswire/ -- Twenty-four percent of financial advisors report that more than half their clients now own digital assets, marking a 25% increase from the previous quarter, according to the latest Advisor Pulse Survey conducted by the Digital Assets Council of Financial Professionals (DACFP) and sponsored by Franklin Templeton Digital Assets. The survey also reveals that 20% of advisors now recommend crypto to all their clients – nearly double the percentage reported in Q3 2024. Additionally, 65% of advisors have recommended crypto to 10% or more of their clients
The firm continues to bring its best global investment capabilities to the Canadian market TORONTO, Jan. 30, 2025 /CNW/ - Franklin Templeton Canada today announced the listing of Franklin U.S. Mid Cap Multifactor Index ETF (FMID) for Canadians looking to diversify beyond U.S. large cap equities. With an emphasis on high quality and value, FMID is available at a low management fee of 30 basis points and is now listed on Cboe Canada Inc."Many investors are concerned about valuations and the concentration of top-weighted stocks in the S&P 500 Index and are seeking to diversify beyond large cap equities that have been the main drivers of the U.S. equity market," said Ahmed Farooq, SVP, head of R
Industry Leader Brings Decades of Experience Across Wealth Management to the Firm's Growing Atlanta Team Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Jason Thomas has joined the firm as a wealth director based in Atlanta, GA, a key growth market for the firm. Mr. Thomas previously served on the advisory board for Fiduciary Trust International's Atlanta market. "Jason has been advising clients and cultivating trusted relationships in Atlanta and throughout the Southeast for over 20 years," said David Edmiston, Fiduciary Trust International's regional managing director for Atlanta and Washington D.C. "An accomplis
TORONTO, Jan. 24, 2025 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of January 31, 2025, will receive a per-unit cash distribution payable on February 10, 2025. Fund Name Ticker Type Cash Distribution Per Unit$ Payment Frequency Franklin Brandywine Global Sustainable Income Optimiser Fund – ETF Series FBGO Active 0.043324 Monthly Franklin ClearBridge Sustainable Global Infrastructure Income Fund – ETF Series FCII Active 0.128246 Monthly Franklin Canadian Government Bond Fund – ETF Series FGOV Active 0.049997 Monthly F
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
Goldman upgraded Franklin Resources from Sell to Neutral and set a new price target of $22.00 from $21.00 previously
Wells Fargo initiated coverage of Franklin Resources with a rating of Equal Weight and set a new price target of $20.00
Barclays initiated coverage of Franklin Resources with a rating of Underweight and set a new price target of $20.00
Wells Fargo upgraded Franklin Resources from Underweight to Equal Weight and set a new price target of $30.00 from $24.00 previously
TD Cowen initiated coverage of Franklin Resources with a rating of Market Perform and set a new price target of $32.00
BMO Capital Markets resumed coverage of Franklin Resources with a rating of Market Perform and set a new price target of $24.00 from $20.00 previously
Wells Fargo initiated coverage of Franklin Resources with a rating of Underweight and set a new price target of $26.00
Credit Suisse initiated coverage of Franklin Resources with a rating of Neutral and set a new price target of $21.00
BofA Securities downgraded Franklin Resources from Neutral to Underperform and set a new price target of $25.00 from $28.00 previously
Keefe Bruyette downgraded Franklin Resources from Mkt Perform to Underperform
Industry Leader Brings Decades of Experience Across Wealth Management to the Firm's Growing Atlanta Team Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Jason Thomas has joined the firm as a wealth director based in Atlanta, GA, a key growth market for the firm. Mr. Thomas previously served on the advisory board for Fiduciary Trust International's Atlanta market. "Jason has been advising clients and cultivating trusted relationships in Atlanta and throughout the Southeast for over 20 years," said David Edmiston, Fiduciary Trust International's regional managing director for Atlanta and Washington D.C. "An accomplis
New position strengthens firm's ambition to become top provider of alternative wealth solutions globally Franklin Templeton today announced the appointment of George Stephan to the newly created position of Global Chief Operating Officer of Wealth Management Alternatives. Reporting to Adam Spector, Franklin Templeton's Executive Vice President and Head of Global Distribution, Stephan oversees alternative investments product innovation and investor services and assists with business development, management and operations. Stephan will partner with the firm's distribution leaders around the world to help drive the overall distribution strategy in addition to advisor education for the altern
VANCOUVER, BC / ACCESSWIRE / October 1, 2024 / (TSX:NANO)(OTC:NNOMF)(Frankfurt:LBMB)Nano One® Materials Corp. ("Nano One" or the "Company"), a clean technology company with a patented process for the low-cost, low-GHG production of lithium-ion battery cathode active materials (CAM), is pleased to announce that Mr. Anthony Tse has been appointed Chair of the Board of Directors.Mr. Tse will succeed Paul Matysek, who is the founding Chair of Nano One and resigning as part of a planned transition to an advisory role that supports the incoming Chair and Board. Mr. Matysek is honoured to have presided over Nano One's growth and leadership for more than a decade."On behalf of Nano One and our share
Franklin Templeton today announced the appointment of Todd Bitzer, Emily Cox and Andre Cuerington as Senior Vice President, Client Advisors, US Institutional who all joined the firm in August. In their new roles, they will be responsible for building, growing and managing our partnerships with both existing and prospective institutional clients. Bitzer is based in Atlanta. Cox, who additionally serves as an Alternative Specialist, is based in Southern California. Cuerington is based in Northern California. Bitzer and Cuerington report to Mike Foley, Head of US Institutional, who oversees Franklin Templeton's US institutional direct sales, consultant relations and relationship management te
Mr. Flood Brings Over Three Decades of Private Wealth Management Expertise and a Strong Industry Reputation for Driving Revenue Growth, Managing Complex Multi-Generational Relationships, and Upholding High Service Standards Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Kevin F. Flood, CFP®, SE-AWMA™, has joined its New York office as a senior relationship manager. "Meeting the needs of intricate client relationships, especially those involving high-net-worth and multi-generational dynamics, is a top priority for Fiduciary Trust International," said Anne Fitzpatrick Donahue, Fiduciary Trust International regional
Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Debjani Bagchi, CFA, and Peter E. McEvoy, CFP®, have joined its New York office as portfolio managers. "Expanding our expertise in the Northeast region enables us to keep our unwavering attention on the unique aspects of our clients' lives and their financial profiles," said Anne Fitzpatrick Donahue, Fiduciary Trust International regional managing director for the New York office. "Debjani and Peter bring decades of industry experience and a deep commitment to client success, aligning perfectly with our mission of delivering our best thinking through personalized wealth
Industry Veterans Join Firm from Bank of America Private Bank, Attracted to Fiduciary Trust International's Nearly 100-Year History Serving High-Net-Worth Clients, and Southeast Growth Strategy Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Laura C. Pease, CTFA, and James T. Farmer, CAIA®, have joined the firm as managing director, senior trust officer and managing director, senior portfolio manager, respectively. Both professionals are based in Atlanta, GA, a key growth market for the firm. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240625685988/en/
– Christophe Browne Joins Lexington Partners Continuation Vehicle Effort Drawing upon the Firm's Experience and Differentiated Platform – Lexington Partners ("Lexington") announced a dedicated strategy and team focused on leading single-asset continuation vehicle ("CV") transactions. In conjunction with the launch, Christophe Browne has joined Lexington as a Partner to help lead the dedicated effort. Lexington is one of the world's largest and most successful managers of secondary private equity and co-investment funds having helped pioneer the development of the institutional secondary market over 30 years ago. The firm's new CV strategy will be executed by a specialist team that will
Wealth Management Veteran Joins Firm to Spearhead Innovation in Financial Planning Solutions Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Edward J. Mooney is joining the firm as managing director and financial planning director. He will oversee the continuous innovation of the firm's financial planning offering. "Ed's extensive industry experience perfectly complements our mission and commitment to delivering exceptional, best-in-class financial planning solutions to our clients," said Leslie Gillin Bohner, chief fiduciary officer of Fiduciary Trust International. "With his expertise spanning investments, wealth
Seasoned Wealth Management Veterans Maris A. Ogg, CFA, & Jeffrey M. Bagley, CFA, CFP® Bring Decades of Experience and Expertise in Cultivating Long-Lasting Client Relationships Throughout Philadelphia's Main Line Fiduciary Trust International, a global wealth manager and wholly-owned subsidiary of Franklin Templeton, announces that Maris A. Ogg, CFA, and Jeffrey M. Bagley, CFA, CFP®, have joined the firm as managing director and senior portfolio manager, both based in its Radnor office. "The Mid-Atlantic region remains a vital growth market for us, and we're proud that our clients trust us to provide top-notch service and personalized solutions tailored to their needs," said Julie Stron
Fee waiver extension for FLVI and FLVU and distribution frequency changes for certain funds also announced TORONTO, Feb. 19, 2025 /CNW/ - Franklin Templeton Canada today announced fee reductions of up to 35 basis points for various series of Franklin ClearBridge Canadian Small Cap Fund. With a 4-star Morningstar rating for its 3- and 5-year performance1, Franklin ClearBridge Canadian Small Cap Fund has outperformed the Canadian Small/Mid-Cap Equity category and the S&P/TSX Small Cap TRI2 over 1-, 3- and 5-year periods3. "Our Calgary-based team is committed to actively investing in their highest-conviction small cap ideas within the Canadian market, while employing a consistent, disciplined i
Franklin Resources, Inc. (the "Company") (NYSE:BEN) announced a quarterly cash dividend in the amount of $0.32 per share payable on April 11, 2025 to stockholders of record holding shares of common stock at the close of business on March 31, 2025. The quarterly dividend of $0.32 per share is equivalent to the dividend paid for the prior quarter and represents a 3.2% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templeton Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clients ach
Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced net income1 of $163.6 million or $0.29 per diluted share for the quarter ended December 31, 2024, as compared to net loss of $84.7 million or $0.19 per diluted share for the previous quarter, and net income of $251.3 million or $0.50 per diluted share for the quarter ended December 31, 2023. Operating income was $219.0 million for the quarter ended December 31, 2024, as compared to operating loss of $150.7 million for the previous quarter and operating income of $206.5 million for the prior year. As supplemental information, the Company is providing certain adjusted performance measures which are based on methodologies ot
The firm continues to bring its best global investment capabilities to the Canadian market TORONTO, Jan. 30, 2025 /CNW/ - Franklin Templeton Canada today announced the listing of Franklin U.S. Mid Cap Multifactor Index ETF (FMID) for Canadians looking to diversify beyond U.S. large cap equities. With an emphasis on high quality and value, FMID is available at a low management fee of 30 basis points and is now listed on Cboe Canada Inc."Many investors are concerned about valuations and the concentration of top-weighted stocks in the S&P 500 Index and are seeking to diversify beyond large cap equities that have been the main drivers of the U.S. equity market," said Ahmed Farooq, SVP, head of R
TORONTO, Jan. 24, 2025 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of January 31, 2025, will receive a per-unit cash distribution payable on February 10, 2025. Fund Name Ticker Type Cash Distribution Per Unit$ Payment Frequency Franklin Brandywine Global Sustainable Income Optimiser Fund – ETF Series FBGO Active 0.043324 Monthly Franklin ClearBridge Sustainable Global Infrastructure Income Fund – ETF Series FCII Active 0.128246 Monthly Franklin Canadian Government Bond Fund – ETF Series FGOV Active 0.049997 Monthly F
Franklin Templeton today announced the launch of two innovative ETFs: the Franklin U.S. Dividend Multiplier ETF (XUDV) and the Franklin International Dividend Multiplier ETF (XIDV). Both funds are designed to offer enhanced, or multiplied, dividend income and were developed in collaboration with New Frontier and VettaFi. The Franklin U.S. Dividend Multiplier ETF seeks to track the VettaFi New Frontier US Dividend Select Index and the Franklin International Dividend Multiplier ETF seeks to track the VettaFi New Frontier International Dividend Select Index. "XUDV and XIDV demonstrate Franklin Templeton's commitment to expanding our suite of portfolio solutions in order to meet the evolvin
TORONTO, Dec. 31, 2024 /CNW/ - Franklin Templeton Canada today announced the final December 2024 cash distributions and the annual reinvested distributions for its ETFs and ETF series of mutual funds available to Canadian investors. This is an update to the estimated December 2024 cash distributions and annual reinvested distributions previously announced on December 20, 2024. Final December 2024 Cash Distributions As detailed in the table below, unitholders of record as of December 31, 2024, will receive a per-unit cash distribution payable in Canadian dollars on January 9, 2025. Fund Name Ticker Type Final Cash Distribution Per Unit ($) Payment
TORONTO, Dec. 20, 2024 /CNW/ - Franklin Templeton Canada today announced the estimated December 2024 cash distributions and the annual reinvested distributions for its ETFs and ETF series of mutual funds available to Canadian investors. Estimated December 2024 Cash Distributions As detailed in the table below, unitholders of record as of December 31, 2024, will receive a per-unit cash distribution payable in Canadian dollars on January 9, 2025. Fund Name Ticker Type Estimated Cash Distribution Per Unit ($) PaymentFrequency Franklin Core ETF Portfolio – ETF Series CBL Active 0.435559 Annually Franklin Conservative Income ETF Portfolio – ETF Series CNV Active 0.520239 Annually
NEW YORK, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Keefe, Bruyette & Woods, Inc., a leading specialist investment bank to the financial services and fintech sectors, and a wholly owned subsidiary of Stifel Financial Corp. (NYSE:SF), announces the upcoming index rebalancing for the fourth quarter of 2024. This quarter, there are constituent changes within four of our indexes: the KBW Nasdaq Capital Markets Index (Index Ticker: KSX, ETF Ticker:N/A), KBW Nasdaq Financial Technology Index (Index Ticker: KFTX, ETF Ticker: FTEK.LN), KBW Nasdaq Financial Sector Dividend Yield Index (Index Ticker: KDX, ETF Ticker: KBWD), and KBW Nasdaq Premium Yield Equity REIT Index (Index Ticker: KYX, ETF Ticker: KBWY
TORONTO, Dec. 5, 2024 /CNW/ - Franklin Templeton Canada today announced the final distributions, final net asset value (NAV) and net proceeds for Franklin International Multifactor Index ETF (FLDM), Franklin Global Dividend Quality Index ETF (FLGD) and Franklin Western Asset Core Plus Bond Fund - ETF series (FWCP). FLDM, FLGD and FWCP were voluntarily delisted from the Toronto Stock Exchange (TSX) as of market close on November 29, 2024, and have been terminated at the close of business on December 4, 2024. The ETF terminations were previously announced on September 25, 2024. In preparation for the ETF terminations, Franklin Templeton Canada has converted FLDM, FLGD and FWCP's holdings to