Verition Fund Management Adds $28M in Franklin Resources, Inc. ($BEN)

Editorial illustration for Franklin Resources, Inc. (BEN)

Key Points

  • Verition Fund Management changed its Franklin Resources, Inc. ($BEN) stake by 38.87% last quarter, boosting to 3,022,427 shares worth $100.56 million.
  • Wall Street's consensus rating on $BEN is Hold and an average price target of $35.18.
  • $BEN last traded around $33.27.

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Verition Fund Management increased its position in Franklin Resources, Inc. ($BEN) by 38.87% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,022,427 shares of Franklin Resources, Inc. after buying 845,991 shares during the quarter. Verition Fund Management's holdings in Franklin Resources, Inc. were worth $100.56 million as of its most recent filing.

Franklin Resources, Inc. Stock Down 4.0%

Shares of Franklin Resources, Inc. ($BEN) traded around $33.27 on Saturday, down 4.0% for the day.

Last price$33.27
Market cap$17.35B
P/E ratio23.55
Forward P/E10.79
PEG ratio0.44
Beta1.57
52-week low$21.11
52-week high$36.28
50-day MA$33.69
200-day MA$28.31
Current ratio5.49
Quick ratio1.11
Debt-to-equity0.25

Franklin Resources, Inc. Earnings

EPS (ttm)$1.45
Revenue (ttm)$9.32B
Revenue growth14.30%
Net margin8.72%
Return on equity7.89%
Next earningsNov 6, 2026

Franklin Resources, Inc. Dividend

Annual dividend$1.32
Dividend yield381%
Payout ratio89.12%
Ex-dividend dateSep 30, 2026

Analysts Set New Price Targets

ConsensusHold
Average target$35.18
High target$41
Low target$26
Analysts covering11

About Franklin Resources, Inc.

Franklin Templeton Inc. is a publicly owned asset investment manager. 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 Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.

ExchangeNYSE
SectorFinancial Services
IndustryAsset Management
HeadquartersSan Mateo, CA
CEOMs. Jennifer M. Johnson
Employees10,100

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