The recent events around
Franklin Resources (BEN) suggest a mixed bag of indicators. Respected institutions such as Geode Capital Management and National Bank of Canada have decreased their holdings, agreeing with the bearish outlook from Wells Fargo and TD Cowen. Meanwhile, other entities like Resona Asset Management, Prudential, and Sei Investments are increasing their stakes. The company has been highlighted as a promising dividend stock numerous times, with a generous
7.31% yield and potential upside. BEN's executive sold a portion of their shares while investments by Norges Bank and ExodusPoint Capital Management reflect some confidence. However, negative flows and market headwinds, combined with lowered price targets triggers concern. Franklin Resources seems to have had dips in its asset under management (AUM) but maintains a
steady dividend, making it attractive for passive income. Legal challenges, imminent Q1 results, and other company news offer both risks and opportunities. Overall, the analysis shows Franklin Resources to be an entity in a state of flux with both bullish and bearish indicators present.
Franklin Resources BEN News Analytics from Fri, 23 Aug 2024 07:00:00 GMT to Sun, 13 Apr 2025 02:05:49 GMT -
Rating 0
- Innovation -3
- Information 7
- Rumor -2
