Q3 EPS Estimate for Franklin Resources Decreased by Analyst

Franklin Resources, Inc. (NYSE:BEN) – Zacks Research reduced their Q3 2026 earnings estimates for Franklin Resources in a research note issued on Monday, November 25th. Zacks Research analyst R. Department now expects that the closed-end fund will earn $0.56 per share for the quarter, down from their previous forecast of $0.78. The consensus estimate for Franklin Resources’ current full-year earnings is $2.40 per share.

A number of other research firms have also recently commented on BEN. The Goldman Sachs Group dropped their target price on shares of Franklin Resources from $23.75 to $21.25 and set a “sell” rating for the company in a report on Monday, September 30th. Deutsche Bank Aktiengesellschaft dropped their target price on shares of Franklin Resources from $20.00 to $19.00 and set a “hold” rating for the company in a report on Tuesday, November 5th. Barclays dropped their target price on shares of Franklin Resources from $20.00 to $19.00 and set an “underweight” rating for the company in a report on Monday, October 14th. Morgan Stanley dropped their target price on shares of Franklin Resources from $21.00 to $19.00 and set an “underweight” rating for the company in a report on Friday, October 18th. Finally, Evercore ISI dropped their target price on shares of Franklin Resources from $20.00 to $19.00 and set an “underperform” rating for the company in a report on Friday, October 4th. Five equities research analysts have rated the stock with a sell rating and seven have issued a hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $20.20.

Franklin Resources Stock Up 2.2 %

BEN stock opened at $22.70 on Thursday. The stock has a market capitalization of $11.89 billion, a P/E ratio of 26.40, a price-to-earnings-growth ratio of 2.45 and a beta of 1.38. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 0.92. Franklin Resources has a 12 month low of $18.94 and a 12 month high of $30.32. The firm has a 50-day moving average price of $20.82 and a 200-day moving average price of $21.72.

Franklin Resources (NYSE:BEN) last posted its quarterly earnings data on Monday, November 4th. The closed-end fund reported $0.59 earnings per share for the quarter, missing the consensus estimate of $0.60 by ($0.01). Franklin Resources had a return on equity of 9.62% and a net margin of 5.48%. The firm had revenue of $2.21 billion for the quarter, compared to the consensus estimate of $1.70 billion. During the same period in the prior year, the company earned $0.84 EPS. The company’s revenue for the quarter was up 11.3% compared to the same quarter last year.

Institutional Trading of Franklin Resources

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BEN. MFA Wealth Advisors LLC acquired a new stake in shares of Franklin Resources during the 3rd quarter worth approximately $26,000. Altshuler Shaham Ltd acquired a new stake in shares of Franklin Resources during the 2nd quarter worth approximately $27,000. Matrix Trust Co acquired a new stake in shares of Franklin Resources during the 3rd quarter worth approximately $29,000. Sentry Investment Management LLC acquired a new stake in shares of Franklin Resources during the 2nd quarter worth approximately $30,000. Finally, Larson Financial Group LLC grew its position in shares of Franklin Resources by 254.4% during the 3rd quarter. Larson Financial Group LLC now owns 1,779 shares of the closed-end fund’s stock worth $36,000 after buying an additional 1,277 shares during the period. Institutional investors and hedge funds own 47.56% of the company’s stock.

Insider Activity at Franklin Resources

In other Franklin Resources news, insider Franklin Resources Inc sold 7,657 shares of the stock in a transaction that occurred on Monday, October 14th. The shares were sold at an average price of $43.90, for a total transaction of $336,142.30. Following the completion of the sale, the insider now owns 65,862 shares of the company’s stock, valued at approximately $2,891,341.80. This represents a 10.41 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, major shareholder Charles B. Johnson bought 100,000 shares of the firm’s stock in a transaction on Wednesday, September 11th. The shares were purchased at an average cost of $19.08 per share, with a total value of $1,908,000.00. Following the transaction, the insider now directly owns 89,308,192 shares in the company, valued at approximately $1,704,000,303.36. This trade represents a 0.11 % increase in their position. The disclosure for this purchase can be found here. Insiders sold a total of 24,024 shares of company stock worth $1,051,375 in the last quarter. 24.13% of the stock is owned by insiders.

Franklin Resources Company Profile

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.