Franklin Resources (BEN) continues to generate interest both in terms of
buy recommendations and
investment movements. Numerous institutions, including AE Wealth Management LLC, NISA Investment Advisors LLC and Victory Capital Management Inc., have adjusted their
holdings in the company. BEN is gaining credibility as a
dividend stock, attracting short-sellers and being coined as a growing source of
passive income. The corporation recently announced its
Q2 share repurchase activities and addition of managed options strategies to its platform, Canvas, suggesting constructive plans for investor engagement. However, declining earnings have led to stock retreats, contributing to a
shareholder loss of 19%. Concurrently, insider buying is observed, indicating internal bullish sentiment. Upcoming
earnings reports and widespread
analyst ratings have kept the market's attention. Key declarations in this period include the initiation of a regular $0.32 per share dividend, and a preliminary AUM of $1.61T for June end. While BEN faces market headwinds, positive
stock price forecasts and increased price targets from institutions such as JP Morgan and Barclays indicate potential growth. Despite these fluctuations, BEN remains a firm favorite among value investors for its enticing yield.
Franklin Resources BEN News Analytics from Sun, 17 Nov 2024 08:00:00 GMT to Sat, 26 Jul 2025 21:02:53 GMT -
Rating 1
- Innovation -2
- Information 7
- Rumor -5
