During the recent session, Franklin Resources, Inc (NYSE:BEN)’s traded shares were 0.76 million, with the beta value of the company hitting 1.49. At the last check today, the stock’s price was $24.74, reflecting an intraday loss of -1.60% or -$0.4. The 52-week high for the BEN share is $25.36, that puts it down -2.51 from that peak though still a striking 34.32% gain since the share price plummeted to a 52-week low of $16.25. The company’s market capitalization is $13.00B, and the average intraday trading volume over the past 10 days was 4.19 million shares, and the average trade volume was 4.71 million shares over the past three months.
Franklin Resources, Inc (BEN) received a consensus recommendation of Hold from analysts. That translates to a mean rating of 3.38. BEN has a Sell rating from 2 analyst(s) out of 7 analysts who have looked at this stock. 5 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 0 recommend a Buy rating for it.
Franklin Resources, Inc (NYSE:BEN) trade information
Franklin Resources, Inc (BEN) registered a -1.60% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -1.60% in intraday trading to $24.74, hitting a weekly high. The stock’s 5-day price performance is -0.57%, and it has moved by 13.17% in 30 days. Based on these gigs, the overall price performance for the year is 21.93%. The short interest in Franklin Resources, Inc (NYSE:BEN) is 21.78 million shares and it means that shorts have 4.19 day(s) to cover.
The consensus price target of analysts on Wall Street is $26, which implies an increase of 4.85% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $19 and $45 respectively. As a result, BEN is trading at a discount of -81.89% off the target high and 23.2% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -18.46%. While earnings are projected to return -12.67% in 2025, the next five years will return 5.40% per annum.
BEN Dividends
Franklin Resources, Inc is due to release its next quarterly earnings on 2025-May-02. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Franklin Resources, Inc is 1.27, with the dividend yield indicating at 5.13 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 4.69%.
Franklin Resources, Inc (NYSE:BEN)’s Major holders
Franklin Resources, Inc insiders own 47.77% of total outstanding shares while institutional holders control 48.60%, with the float percentage being 93.06%. VANGUARD GROUP INC is the largest shareholder of the company, while 811.0 institutions own stock in it. As of 2024-06-30, the company held over 35.59 million shares (or 6.8913% of all shares), a total value of $795.52 million in shares.
The next largest institutional holding, with 32.22 million shares, is of POWER CORP OF CANADA’s that is approximately 6.2386% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $720.17 million.
Also, the Mutual Funds coming in first place with the largest holdings of Franklin Resources, Inc (BEN) shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and ProShares Trust-ProShares S&P 500 Dividend Aristocrats ETF . Data provided on Mar 31, 2025 indicates that VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund owns about 9.94 shares. This amounts to just over 1.89 percent of the company’s overall shares, with a $246.36 million market value. The same data shows that the other fund manager holds slightly less at 8.75, or about 1.66% of the stock, which is worth about $216.93 million.
