Franklin Resources (NYSE:BEN) Announces Earnings Results

Franklin Resources (NYSE:BEN) issued its earnings results on Friday. The closed-end fund reported $0.94 EPS for the quarter, beating the consensus estimate of $0.77 by $0.17, FiscalAI reports. The company had revenue of $1.88 billion during the quarter, compared to analysts’ expectations of $1.86 billion. Franklin Resources had a net margin of 8.72% and a return on equity of 11.55%. The business’s revenue for the quarter was up 3.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.67 EPS.

Here are the key takeaways from Franklin Resources’ conference call:

• Franklin Templeton reported $84.1 billion in long-term net inflows for fiscal 2026, with positive flows in every quarter across regions and channels. Adjusted operating income rose 23% and adjusted operating margin expanded 350 basis points to 28%.
• Private-markets fundraising reached $43.2 billion for the year, and the company raised its fiscal 2029 fundraising target from $100 billion to $150 billion. Management cited demand across secondaries, private credit, real estate, and venture, while noting fiscal 2027 fundraising is expected to be around the mid-$30 billions.
• ETFs and Canvas both exceeded growth expectations: ETF AUM reached $84.6 billion and Canvas AUM reached $32.6 billion. Franklin Templeton more than doubled its fiscal 2029 targets to $200 billion for ETFs and $100 billion for Canvas.
• Management expects adjusted operating margin to reach approximately 30% in fiscal 2027 and raised its fiscal 2029 goal to 35%, citing growth, cost discipline, and operational efficiencies. The outlook assumes flat markets, and fiscal 2027 adjusted expenses are expected to be in line with or slightly above fiscal 2026.

Franklin Resources Price Performance

Shares of NYSE:BEN traded up $1.63 during midday trading on Friday, hitting $33.84. 7,203,101 shares of the stock were exchanged, compared to its average volume of 3,711,410. The stock has a market cap of $17.19 billion, a P/E ratio of 11.42, a PEG ratio of 0.57 and a beta of 1.56. The company has a current ratio of 1.48, a quick ratio of 1.48 and a debt-to-equity ratio of 1.22. Franklin Resources has a twelve month low of $21.10 and a twelve month high of $36.28. The company has a 50 day moving average price of $32.58 and a 200-day moving average price of $30.38.

Franklin Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, October 9th. Shareholders of record on Wednesday, September 30th were issued a dividend of $0.33 per share. The ex-dividend date of this dividend was Wednesday, September 30th. This represents a $1.32 annualized dividend and a dividend yield of 3.9%. Franklin Resources’s dividend payout ratio (DPR) is presently 89.80%.

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on BEN shares. Keefe, Bruyette & Woods began coverage on Franklin Resources in a research report on Wednesday, September 9th. They issued a “hold” rating and a $38.00 price objective on the stock. JPMorgan Chase & Co. upped their price target on shares of Franklin Resources from $34.00 to $35.00 and gave the company a “neutral” rating in a research report on Monday, October 12th. Barclays reissued a “mixed” rating on shares of Franklin Resources in a research report on Wednesday, October 14th. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a $34.00 price objective on shares of Franklin Resources in a research report on Monday, August 3rd. Finally, TD Cowen dropped their price objective on shares of Franklin Resources from $40.00 to $38.00 and set a “buy” rating on the stock in a research note on Monday, October 12th. Four investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $35.89.

More Franklin Resources News

Here are the key news stories impacting Franklin Resources this week:

• Positive Sentiment: Adjusted earnings were $0.94 per share, above analyst expectations of roughly $0.77–$0.78 and up from $0.67 a year earlier. Revenue of $1.88 billion also topped estimates of $1.86 billion and increased 3.9% year over year. Article: Franklin Templeton Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Reports attributed the results to higher revenue, year-over-year growth in assets under management, robust long-term net inflows and lower operating expenses—indicators that support earnings momentum. Article: Franklin Q4 Earnings Beat Estimates on Higher Revenues, AUM Rises Year Over Year

Franklin Resources Company Profile

Franklin Resources, Inc, operating under the Franklin Templeton name, is a global investment management organization headquartered in San Mateo, California. The company provides investment solutions to individuals, financial professionals, institutions, and other clients worldwide.

Its products and services include mutual funds, exchange-traded funds, separately managed accounts, institutional portfolios, and alternative investment strategies. Through its investment teams and specialist affiliates, Franklin Templeton offers capabilities across equities, fixed income, multi-asset strategies, private markets, real assets, and other areas of asset management.

Franklin Resources was founded in 1947 by Rupert H.