Franklin Resources (BEN) has had several notable occurrences recently. It has explored valuation after launching the Franklin Solana ETF in the digital asset space and a new XRP ETF. However, it did receive a sell rating from Evercore ISI despite being singled out as a top value stock for the long-term. Minor fluctuations were experienced in assets under management, and Franklin's expansion into digital assets with the XRP ETF could be a pivotal move for the company. Korea Investment Corp and Rhumbline Advisers reduced their shares, while JPMorgan Chase & Co. and Charles Schwab Investment Management Inc substantially increased their stake. Franklin's latest financial performance indicates strong Q4 results, beating earnings estimates and displaying robust growth in AUMs. Despite the positive financial outcomes, the company's stock price dipped. Multiple firms like Goldman Sachs, BMO, and TD Cowen have rated the stock either as buy, outperform or maintained their rating but at the same time, the company received a reduced consensus rating from analysts.
Franklin Resources BEN News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sat, 06 Dec 2025 22:27:50 GMT -
Rating 2
- Innovation -1
- Information 6
- Rumor -6
