Franklin Resources, a global investment management firm, is on an interesting trajectory as highlighted by recent developments and market activities. The CEO,
Johnson, will detail Q2 performance on May 2, 2025. There was a decrease in stock holdings by DnB Asset Management and Prudential Financial Inc. however, Mitsubishi UFJ Asset Management and Pictet Asset Management increased their holdings in the company. Despite an overall decline in AUM for March, the company remains an attractive option for
dividend investors due to its 7.2% yield. Analysts continue to remain optimistic about the company's future as well.
Sei Investments Co. has raised its position whereas
Korea Investment CORP decreased its stake in the company. Q1 results have been announced with the AUM reaching $1.53T. However, the stock hit a 52-week low of $18.8 due to market shifts. Despite continued struggles, Franklin Resources remains a top-ranked safe dividend stock with over 3% yield. However, investors are cautioned to perform their own checks before investing.
Franklin Resources BEN News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sat, 05 Apr 2025 21:35:49 GMT -
Rating 2
- Innovation -4
- Information 7
- Rumor -2
