As of late, a substantial measure of highlights concerning Franklin Resources Inc. (NYSE:BEN) has emerged, with a notable increase in short interest being observed. The asset management firm's stock has performed exceedingly well against competition on robust trading days. Additionally, an insider has increased their holding in the prior year, and BEN Q3 2024 earnings and revenue exceeded expectations. Despite some earnings misses and analysts adjusting their expectations, many believe it is a good time to buy into Franklin Resources. The Dividend Aristocrat has also many investors like Czech National Bank and American International Group Inc. raising their position in the company, while others like Park National Corp OH and Interval Partners LP are reducing their holdings. Amidst strategic expansions and SWOT insights, Franklin's July AUM benefited from favorable markets. Franklin Resources has a consensus analyst rating of 'Reduce' but has successfully beat EPS estimates, missed earnings remain a concern. Investors should be cautious as in the past three years the stock has lost 23% of its value.
Franklin Resources BEN News Analytics from Sat, 30 Dec 2023 08:00:00 GMT to Mon, 19 Aug 2024 01:24:31 GMT - Rating -2 - Innovation -1 - Information 8 - Rumor -4
