Franklin Resources, Inc. (BEN) is well-positioned for growth on the back of acquisitions, solid assets under management (AUM) growth and an organic growth strategy. However, a rising expense base and concentrated revenues from investment management fees are major woes.Tailwinds for FranklinAcquisitions & Partnerships: Franklin has grown through acquisitions and partnerships in the past few years, enhancing its foothold. In July 2024, Franklin teamed up with Japan's SBI Holdings to focus on ETFs and emerging ...

It’s been just shy of seven months since I bought back into Franklin Resources Inc. (NYSE: BEN ), and in that time the shares have returned a loss of about 3.7% against a gain of about 14.25% for the S&P 500. The companyI'm a quant investment newsletter writer who marries fundamental analysis with the latest research in momentum. Over the past few years, I’ve developed a piece of software that helps me track the level of optimism and pessimism embedded in stock price. I seek to challenge the assumptions emb ...

It has been about a month since the last earnings report for Franklin Resources (BEN) . Shares have added about 6.9% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Franklin Resources due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Franklin Q4 Earnings Miss on Highe ...

Here are three stocks added to the Zacks Rank #5 (Strong Sell) List today:Bassett Furniture Industries, Incorporated (BSET) is a home furnishings company. The Zacks Consensus Estimate for its current year earnings has been revised 40% downward over the last 60 days.Franklin Resources, Inc. (BEN) is an asset management holding company. The Zacks Consensus Estimate for its current year earnings has been revised 9.8% downward over the last 60 days.Hitachi Construction Machinery Co., Ltd. (HTCMY) is a construct ...

Q3 2024 Advisor Pulse Survey by DACFP and Franklin Templeton Digital Assets reveals that 19% of advisors report that more than half of their clients own digital assets GREAT FALLS, Va., Nov. 19, 2024 /PRNewswire/ -- Nineteen percent (19%) of financial advisors say that more than half of their clients have made allocations to digital assets in their portfolios, according to the Q3 2024 Advisor Pulse Survey, sponsored by Franklin Templeton Digital Assets and conducted by the Digital Assets Council of Financia ...

Franklin Resources, Inc. (BEN) will start to integrate parts of its Western Asset Management Co. (“Wamco”) unit into its larger operations, per a Bloomberg report. This decision follows an ongoing investigation by the U.S. Securities and Exchange Commission (SEC) into Ken Leech, the former lead bond manager at Wamco.In August 2024, BEN replaced Ken Leech, who was serving as the co-chief investment officer (CIO) of its Wamco unit. This was done after the CIO had taken a leave of absence after getting a Wells ...

JACKSON, Wyo., Nov. 14, 2024 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (“BEN”) (Nasdaq: BNAI), a global leader in secure and reliable conversational AI solutions, today announced its financial results and key business highlights for the third quarter ended September 30, 2024. "In the third quarter, we made significant progress in delivering secure, scalable AI solutions and advancing our mission to transform industries with intelligent technology," said Paul Chang, CEO of BEN. "As we look ahead, BEN ...

NEW YORK, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Leading securities law firm Bleichmar Fonti & Auld LLP announces an investigation into Franklin Resources, Inc. (NYSE: BEN) for potential violations of the federal securities laws. If you invested in Franklin Resources, you are encouraged to obtain additional information by visiting https://www.bfalaw.com/cases-investigations/franklin-resources-inc. Why Did Franklin Resources’s Stock Drop? Franklin Resources is a $1.7 trillion asset management company better know ...

Investors can contact the law firm at no cost to learn more about recovering their losses ​LOS ANGELES, Nov. 13, 2024 (GLOBE NEWSWIRE) -- The Portnoy Law Firm advises Franklin Resources, Inc. (“Franklin Resources” or “the Company”) (NYSE: BEN) investors that the firm has initiated an investigation into possible securities fraud and may file a class action on behalf of investors. Franklin Resources investors that lost money on their investment are encouraged to contact Lesley Portnoy, Esq. Investors are enco ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (MARK ONE) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended September 30, 2024 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-09318 FRANKLIN RESOURCES, INC. (Exact name of registrant as specified in its charter) Delaware 13-2670991 (State ...