Barclays initiated coverage on Franklin Resources with a new price target
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Barclays initiated coverage of Franklin Resources with a rating of Underweight and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
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
10-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
13F-HR - FRANKLIN RESOURCES INC (0000038777) (Filer)
8-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net loss of $84.7 million or $0.19 per diluted share for the quarter ended September 30, 2024, as compared to net income of $174.0 million or $0.32 per diluted share for the previous quarter, and $295.5 million or $0.58 per diluted share for the quarter ended September 30, 2023. Preliminary net income1 for the fiscal year ended September 30, 2024 was $464.8 million or $0.85 per diluted share, as compared to $882.8 million or $1.72 per diluted share for the prior fiscal year. Preliminary operating loss was $150.7 million for the quarter ended September 30, 2024, as compared to operating income of $222.5 million f
TORONTO, Oct. 24, 2024 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of October 31, 2024, will receive a per-unit cash distribution payable on November 8, 2024. Fund Name Ticker Type Cash Distribution Per Unit($) Payment Frequency Franklin Brandywine Global Sustainable Income Optimiser Fund – ETF Series FBGO Active 0.088963 Monthly Franklin ClearBridge Sustainable Global Infrastructure Income Fund – ETF Series FCII Active 0.120295 Monthly Franklin Canadian Government Bond Fund – ETF Series FGOV Active 0.049478 Monthly Fra
TORONTO, Sept. 25, 2024 /CNW/ - Franklin Templeton Canada today announced that it will terminate three funds, Franklin Global Dividend Quality Index ETF (FLGD), Franklin International Multifactor Index ETF (FLDM) and Franklin Western Asset Core Plus Bond Fund, including its ETF series (FWCP), on or around December 4, 2024. As of the close of business today, September 25, 2024, no further direct subscriptions for units of FLGD, FLDM or FWCP will be accepted by Franklin Templeton Canada. Units of these ETFs will continue to be listed on the Toronto Stock Exchange (TSX) until vol
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)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
EZET allows investors to gain exposure to ether within a regulated exchange-traded fund structureFranklin Templeton today launched its second digital asset-backed exchange-traded fund (ETF), the Franklin Ethereum ETF, under the ticker EZET. It is offered on the Cboe BZX Exchange, Inc. and priced at 0.19%, or 19 basis points. Franklin Templeton has agreed to fully waive fees to 0.00% until January 31, 2025, for the first $10.0 billion in fund assets. The fund is a spot ether (ETH) ETF available for U.S. investors and seeks to reflect the performance of the price of ether, less the expense of fund operations. EZET is the latest offering on the growing Franklin Templeton Digital Assets and ETF
Franklin Resources, Inc. (NYSE:BEN), a global investment management organization operating as Franklin Templeton, has selected Aladdin® by BlackRock to unify its investment management technology platform across public market asset classes.Aladdin is a comprehensive technology solution that supports the entire investment management process across multiple asset classes and will also aid in the simplification of Franklin Templeton's operation and reduction of long-term capital expenses. Its distinctive features will enable Franklin Templeton to meet the diverse needs of its specialist investment managers and further support its growth initiatives.
UBS analyst Brennan Hawken maintains Franklin Resources (NYSE:BEN) with a Neutral and lowers the price target from $25 to $24.
Austin, TX, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Austin, TX, November 12, 2024 – LeafHouse, a national discretionary investment manager and consultant to the retirement plan industry, announced today that South Dakota trust company, Alta Trust, launched the Alta Privately Managed Alts Fund, a Collective Investment Trust ("CIT"). The CIT investments will include private investments managed by Apollo (NYSE:APO), a leading provider of alternative assets and retirement solutions, and Franklin Templeton (NYSE:BEN), a global investment management firm. Alta Trust serves as the CIT trustee. The launch of the Alta Privately Managed Alts Fund marks an expansion of the RetireGuide advisor managed
Franklin Resources, Inc. (Franklin Templeton) (NYSE:BEN) today reported preliminary month-end assets under management (AUM) of $1.63 trillion at October 31, 2024, compared to $1.68 trillion at September 30, 2024. This month's decrease in AUM reflected the impact of negative markets and long-term net outflows of $18.5 billion, inclusive of the previously disclosed $17.8 billion of long-term net outflows at Western Asset Management1. By Asset Class: (In USD billions) Preliminary 31-Oct-24 30-Sep-24 30-Jun-24 31-Mar-24 31-Oct-23 Equity $ 618.2 $ 632.1 $ 595.0 $ 592.7 $
Franklin Resources, Inc. (the "Company") (NYSE:BEN) today announced preliminary net loss of $84.7 million or $0.19 per diluted share for the quarter ended September 30, 2024, as compared to net income of $174.0 million or $0.32 per diluted share for the previous quarter, and $295.5 million or $0.58 per diluted share for the quarter ended September 30, 2023. Preliminary net income1 for the fiscal year ended September 30, 2024 was $464.8 million or $0.85 per diluted share, as compared to $882.8 million or $1.72 per diluted share for the prior fiscal year. Preliminary operating loss was $150.7 million for the quarter ended September 30, 2024, as compared to operating income of $222.5 million f
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