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 |
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
Franklin Resources, Inc. (Franklin Templeton) (NYSE:BEN) today reported preliminary month-end assets under management (AUM) of $1.68 trillion at August 31, 2024 compared to $1.66 trillion at July 31, 2024. This month's increase in AUM reflected the impact of positive markets, partially offset by long-term net outflows of $6.3 billion, inclusive of $7.7 billion of long-term net outflows at Western Asset Management.1 By Asset Class: (In USD billions) Preliminary 31-Aug-24 31-Jul-24 30-Jun-24 31-Mar-24 31-Aug-23 Equity $618.8 $603.7 $595.0 $592.7 $452.3 Fixed Income 574.5 571.3 564.5 571.4 500.2 Alternative
Venerable Investment Advisers, LLC ("Venerable Advisers"), an investment adviser and wholly-owned subsidiary of Venerable Holdings, Inc. ("Venerable"), announced today the launch of an initial line-up of mutual funds comprised of approximately $9.9 billion in assets under management ("AUM"). The mutual funds in this launch, and subsequent funds, serve as investment options for insurance company separate accounts and brings the management of the mutual funds underlying Venerable Insurance and Annuity Company's variable annuity business in-house. As previously announced, Venerable Advisers engaged investment advisory subsidiaries of Russell Investments and Franklin Resources, Inc. ("Franklin
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
4 - FRANKLIN RESOURCES INC (0000038777) (Issuer)
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
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
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)
N-PX - FRANKLIN RESOURCES INC (0000038777) (Filer)
8-K - FRANKLIN RESOURCES INC (0000038777) (Filer)
13F-HR - FRANKLIN RESOURCES INC (0000038777) (Filer)
Franklin Templeton today announced it will liquidate and dissolve ClearBridge Focus Value ESG ETF (CFCV). The liquidation is anticipated to occur on or about November 5, 2024. The liquidation of CFCV was approved by the Fund's board of trustees on September 5, 2024, and does not require the approval of shareholders. After the close of business on October 8, 2024, the Fund will no longer accept creation orders. Trading in the Fund on Cboe BZX Exchange, Inc. ("Cboe") will be halted prior to market open on October 30, 2024. Proceeds of the liquidation are currently scheduled to be sent to shareholders on or about November 5, 2024. When the Fund is in the process of liquidating its portfo
Franklin Resources, Inc. (the "Company") (NYSE:BEN) announced a quarterly cash dividend in the amount of $0.31 per share payable on October 11, 2024 to stockholders of record holding shares of common stock at the close of business on September 30, 2024. The quarterly dividend of $0.31 per share is equivalent to the dividend paid for the prior quarter and represents a 3.3% increase over the quarterly dividend paid for the same quarter last year. About Franklin Templeton Franklin Resources, Inc. (NYSE:BEN) is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 countries. Franklin Templeton's mission is to help clien
TORONTO, Aug. 23, 2024 /CNW/ - Franklin Templeton Canada today announced cash distributions for certain ETFs and ETF series of mutual funds available to Canadian investors. As detailed in the table below, unitholders of record as of August 30, 2024, will receive a per-unit cash distribution payable on September 10, 2024. Fund Name Ticker Type Cash Distribution Per Unit($) Payment Frequency Franklin Brandywine Global Sustainable Income Optimiser Fund – ETF Series FBGO Active 0.093975 Monthly Franklin ClearBridge Sustainable Global Infrastructure Income Fund – ETF Series FCII Active 0.106221 Monthly Franklin Canadian Government Bond Fund – ETF Series FGOV Active 0.049478 Monthly Frankl
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.