JPMorgan Chase & Co. ups its stock holdings in
Franklin Resources, influencing its stock performance significantly against Nasdaq. The asset manager, which reported $1.74T in AUM for February, drew multiple investor interests.
Prana Capital Management LP and
Aquatic Capital Management LLC bought 495,747 and 228,480 shares, respectively. The short interest in Franklin Resources dropped by 12.5%. The firm is drawing attention with its Retirement Advantage Plus as part of its asset management strategy. However, the company's average recommendation is 'Reduce' by brokerages, following assessments after weak job data and rising Middle East tensions. Despite these challenges, the valuation of Franklin Resources remained undeterred, with rising share price momentum and record inflows, further supported by a push into blockchain. Franklin Resources' Q3 earnings pointed towards positive metrics. In the backdrop of its financial performance, Franklin Resources expanded its share buyback program and increased its dividend. The asset manager also added private markets to its target date fund lineup. Other highlights include Franklin Resources' pivot to alternatives and tokenization, reiteration of ‘Sell’ by Evercore, and the attainment of ‘Buy’ status.
Franklin Resources BEN News Analytics from Wed, 24 Sep 2025 07:00:00 GMT to Sat, 21 Mar 2026 10:30:46 GMT -
Rating 5
- Innovation 2
- Information 8
- Rumor 4
