Millennium Management LLC and
Ashton Thomas Private Wealth have acquired substantial Franklin Resources shares, while
AQR Capital Management has sold 2,062,287 shares. Despite coping with the fallout from
Western Asset,
Franklin Resources (BEN) managed to surpass Q3 Earnings and Revenues estimates. In collaboration with
Binance, $1.6 Trillion Asset Manager Franklin Templeton aims to revolutionize digital markets. In a recent analyst upgrade, Goldman Sachs shifted its rating of Franklin resources stock from ‘Hold’ to ‘Buy’.
Daniel Gamba's appointment as chief commercial officer indicates key executive changes within the firm.
Franklin Templeton has decided to liquidate its Sustainable International Equity ETF in January. Despite facing a recent pullback and a 5.7% stock retreat due to market dislike for Franklin Resources' earnings decline, the firm managed to recover with a monthly AUM growth and a boosted stake by Citigroup Inc. Amid a series of new investments and stake growth, share price underperformance in the financial sector, and swirling rumors of a dividend trap by 2025,
Franklin Resources continues to show resilience. All these activities hint towards a mixed outlook for BEN, with prospects of growth despite occasional setbacks.
Franklin Resources BEN News Analytics from Fri, 27 Dec 2024 08:00:00 GMT to Sat, 13 Sep 2025 13:00:45 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -3
