Franklin Resources

About Franklin Resources

Franklin Resources provides investment services for individual and institutional investors. At the end of May 2026, Franklin had $1.780 trillion in managed assets, composed primarily of equity (40%), fixed-income (26%), multi-asset/balanced (12%) funds, alternatives (17%), and money market funds (5%). Distribution tends to be weighted between retail investors (57% of assets under management) and institutional accounts (40%), with high-net-worth clients accounting for the remainder. Franklin is one of the more global of the US-based asset managers we cover, with 30% of its AUM invested in global/international strategies and 29% sourced from clients domiciled outside the United States.

Ticker

$BEN

Sector

Finance

Primary listing

NYSE

Employees

10,000

Headquarters

San Mateo, United States

Website

www.franklinresources.com

BEN Metrics

BasicAdvanced

$17bn

25.28

$1.31

-

$1.31

3.98%

What the Analysts think about BEN

Analyst ratings (Buy, Hold, Sell) for Franklin Resources stock.

Bulls say / Bears say

Franklin Resources’ adjusted net income rose to $384.5 million in Q2, a 51% year-on-year increase, driven by a 9% rise in investment management fees to $1.82 billion on the back of strong client inflows (Reuters).

BofA Securities raised its price target on BEN to $24 from $21, citing $17 billion in long-term net inflows and $12 billion of alternatives fundraising in Q2, underscoring confidence in the firm’s growth strategy (Reuters).

Barclays upgraded BEN to Equalweight with a $31 price target, highlighting strong $12.4 billion alternatives fundraising and improving fixed-income flows as key drivers of margin and fee growth (Reuters).

Western Asset Management Co., a Franklin Resources unit, agreed to pay a $100 million civil penalty to the SEC over alleged cherry-picking practices, underscoring ongoing regulatory and reputational risks (Reuters).

Equity strategies suffered net outflows of $4.7 billion in Q2, indicating selective client redemptions and challenges in core public market offerings despite overall inflows (Reuters).

Assets under management were flat quarter-over-quarter at $1.68 trillion, pointing to limited growth in the asset base outside of net inflows and sensitivity to market volatility (Reuters).

Data summarised monthly by Lightyear AI. Last updated on 21 Jun 2026.

BEN Financial Performance

Revenues and expenses

Income statement
QuarterlyAnnual	Q3 24	QoQ growth
Revenue	$37bn	-39.75%
Net income	$45bn	107.52%
Profit margin	37.65%	6.78%

BEN Earnings Performance

Company profitability

Earnings per share
QuarterlyAnnual	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24
Actual	$3.69	$2.85	$2.45	$2.42	-
Expected	$3.55	$2.61	$2.05	$2.31	$3.94
Surprise	3.94%	9.20%	19.51%	4.63%	-

BEN News

AllArticlesVideos