Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 165 countries. Franklin Templeton's mission is to help clients achieve better outcomes through investment management expertise, wealth management and technology solutions. Through its specialist investment managers, the company brings extensive capabilities in equity, fixed income, multi-asset solutions and alternatives. With offices in more than 30 countries and approximately 1,300 investment professionals, the California-based company has over 70 years of investment experience. The company posts information that may be significant for investors in the Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly.
Company profile
Ticker
BEN
Exchange
Website
CEO
Jennifer M. Johnson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
AdvisorEngine Inc. • Alumcreek Holdings LLC • Balanced Equity Management Pty. Limited • Brandywine Global Investment Management Europe Limited • CCPF GP Holdco No.2 Limited • CCPF No.2 (GP) Limited • CCPF No.2 LP • Clarion Gramercy Limited • Clarion Gramercy (Deutschland) GmbH • Clarion Gramercy (UK) Limited ...
IRS number
132670991
BEN stock data
News
Looking Into Franklin Resources's Return On Capital Employed
2 Aug 22
Where Franklin Resources Stands With Analysts
1 Aug 22
UBS Maintains Neutral on Franklin Resources, Raises Price Target to $27
1 Aug 22
Franklin Resources: Q3 Earnings Insights
28 Jul 22
Franklin Resources Q3 EPS $0.82 Beats $0.75 Estimate
28 Jul 22
Press releases
Franklin Templeton Canada Announces ETF Cash Distributions
10 Aug 22
BDA Advises Franklin Templeton on Its Divestment of a Minority Stake in In Do Trans Logistics to Mitsubishi Logistics
10 Aug 22
Mindy Johnson, CPPT Joins Fiduciary Trust International as Managing Director & Relationship Manager for Custody Services
10 Aug 22
Franklin Resources, Inc. Announces Month-End Assets Under Management
9 Aug 22
WealthVest and Aspida Partner with Franklin Templeton on Exclusive Index
9 Aug 22
Analyst ratings and price targets
Current price
Average target
$24.17
Low target
$21.00
High target
$27.00
UBS
Maintains
$27.00
Morgan Stanley
Maintains
$21.00
Keefe, Bruyette & Woods
Downgraded
$22.00
Goldman Sachs
Maintains
$23.00
BMO Capital
Maintains
$27.00
Deutsche Bank
Maintains
$25.00
Investment data
Securities sold
Number of investors
| Top 50 of 2283 long holdings End of quarter 30 Jun 22 |
Value |
#Shares |
|---|---|---|
| $6.65B | 25.87M | |
| $3.38B | 31.86M | |
| $3.34B | 24.44M | |
| $2.52B | 14.19M | |
| $2.41B | 4.7M | |
| $2.23B | 24.87M | |
| $2.22B | 19.74M | |
| $2.13B | 14.73M | |
| $2.1B | 10.68M | |
| $2.03B | 13.18M | |
| $1.96B | 12.82M | |
| $1.92B | 879.09K | |
| $1.89B | 6M | |
| $1.68B | 11.07M | |
| $1.67B | 17.42M | |
| $1.61B | 20.83M | |
| $1.61B | 3.39M | |
| $1.55B | 6.13M | |
| $1.44B | 18.01M | |
| $1.43B | 4.97M | |
| $1.43B | 651.48K | |
| $1.4B | 16.34M | |
| $1.38B | 9.45M | |
| $1.34B | 3.39M | |
| $1.32B | 59.75M | |
| $1.28B | 7.36M | |
| $1.26B | 8.74M | |
| $1.2B | 12.75M | |
| $1.2B | 4.99M | |
| $1.17B | 16.47M | |
| $1.17B | 6.41M | |
| $1.15B | 10.57M | |
| $1.13B | 3.73M | |
|
Astrazeneca PLC
|
$1.13B | 17.1M |
| $1.12B | 6.72M | |
| $1.1B | 2.85M | |
| $1.08B | 20.62M | |
| $1.07B | 3.85M | |
| $1.05B | 2.45M | |
| $1.05B | 11.49M | |
| $1.05B | 1.92M | |
| $1.03B | 26.32M | |
| $1.03B | 5.18M | |
| $981.06M | 9.15M | |
| $971.21M | 7.22M | |
| $970.47M | 9.5M | |
| $946.14M | 19.14M | |
| $937.96M | 30.13M | |
| $931.68M | 12.1M | |
| $918.59M | 1.36M |
Holdings list only includes long positions.
Only includes long positions.
Calendar
28 Jul 22
12 Aug 22
30 Sep 22
Financial summary
| Quarter (USD) | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Annual (USD) | Sep 21 | Sep 20 | Sep 19 | Sep 18 | |
|---|---|---|---|---|---|
| Revenue | |||||
| Cost of revenue | |||||
| Operating income | |||||
| Operating margin | |||||
| Net income | |||||
| Net profit margin | |||||
| Cash on hand | |||||
| Change in cash | |||||
| Diluted EPS |
| Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
|---|---|---|---|---|---|---|
| Cash on hand (at last report) | 4.48B | 4.48B | 4.48B | 4.48B | 4.48B | 4.48B |
| Cash burn (monthly) | 178.67M | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
| Cash used (since last report) | 255.85M | n/a | n/a | n/a | n/a | n/a |
| Cash remaining | 4.22B | n/a | n/a | n/a | n/a | n/a |
| Runway (months of cash) | 23.6 | n/a | n/a | n/a | n/a | n/a |
Recent insider trades
| Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
|---|---|---|---|---|---|---|---|---|---|---|
| 9 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.736 | 72,557 | 343.63K | 3,818,506 |
| 8 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.7495 | 122,883 | 583.63K | 3,745,949 |
| 5 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.7582 | 125,673 | 597.98K | 3,623,066 |
| 4 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.77 | 1,769,865 | 8.44M | 3,497,393 |
| 3 Aug 22 | Franklin Resources | Common Stock | Buy | Acquire P | Yes | No | 12.7 | 1,968,503.937 | 25M | 3,938,559.099 |
| 2 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.6938 | 107,311 | 503.7K | 1,727,528 |
| 1 Aug 22 | Franklin Resources | Shares of beneficial interest | Buy | Acquire P | No | No | 4.6864 | 98,239 | 460.39K | 1,620,217 |
| 29 Jul 22 | Adam Benjamin Spector | Common Stock, par value $.10 | Payment of exercise | Dispose F | No | No | 27.45 | 30,219 | 829.51K | 225,397 |
Institutional ownership, Q1 2022
43.9% owned by funds/institutions
| 13F holders | Current |
|---|---|
| Total holders | 565 |
| Opened positions | 76 |
| Closed positions | 86 |
| Increased positions | 218 |
| Reduced positions | 172 |
| 13F shares | Current |
|---|---|
| Total value | 6.12B |
| Total shares | 218.78M |
| Total puts | 1.54M |
| Total calls | 1.55M |
| Total put/call ratio | 1.0 |
| Largest owners | Shares | Value |
|---|---|---|
| Vanguard | 34.07M | $951.31M |
| BLK Blackrock | 28.91M | $807.06M |
| STT State Street | 27.2M | $767.23M |
| Capital Research Global Investors | 8.69M | $242.73M |
| Clarkston Capital Partners | 6.71M | $187.21M |
| Geode Capital Management | 5.86M | $163.38M |
| IVZ Invesco | 5.51M | $153.76M |
| ProShare Advisors | 5.02M | $140.13M |
| Charles Schwab Investment Management | 4.83M | $134.95M |
| BK Bank Of New York Mellon | 3.58M | $99.93M |
Financial report summary
?Risks
- Volatility and disruption of our business and financial markets and adverse changes in the global economy may significantly affect our results of operations and put pressure on our financial results.
Management Discussion
- 1Defined as operating income divided by operating revenues.
- 2“Adjusted operating income,” “adjusted operating margin,” “adjusted net income” and “adjusted diluted earnings per share” are based on methodologies other than generally accepted accounting principles. See “Supplemental Non-GAAP Financial Measures” for definitions and reconciliations of these measures.
Content analysis
?| Positive | ||
| Negative | ||
| Uncertain | ||
| Constraining | ||
| Legalese | ||
| Litigous | ||
| Readability |
H.S. junior Avg
|
|
New words:
accretion, Alcentra, assessed, BNY, British, complementing, deductible, forma, Mellon, outlook, pro, recession, refinancing, weaker
Removed:
collateralized, comparison, conclusion, determined, disease, earn, error, Europe, evolve, exceeded, extent, half, highly, lead, loan, median, misstatement, monetary, outbreak, partnership, pathogenic, redeemed, reflecting, retained, revised, sharing, spread, transmissible, uncertainty, weakening
Financial reports
Current reports
8-K
Franklin Resources, Inc. Announces Third Quarter Results
28 Jul 22
8-K
Franklin Resources, Inc. Announces Second Quarter Results
3 May 22
8-K
Departure of Directors or Certain Officers
12 Apr 22
8-K
Submission of Matters to a Vote of Security Holders
24 Feb 22
8-K
Franklin Resources, Inc. Announces First Quarter Results
1 Feb 22
8-K
Entry into a Material Definitive Agreement
14 Jan 22
8-K
Regulation FD Disclosure
30 Dec 21
8-K
Departure of Directors or Certain Officers
17 Dec 21
8-K
Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
16 Nov 21
8-K
Franklin Resources, Inc. Announces Preliminary Fourth Quarter and Fiscal Year Results
1 Nov 21
Registration and prospectus
S-8
Registration of securities for employees
16 Nov 21
424B2
Prospectus for primary offering
6 Aug 21
FWP
Free writing prospectus
5 Aug 21
FWP
Free writing prospectus
5 Aug 21
424B5
Prospectus supplement for primary offering
5 Aug 21
S-8
Registration of securities for employees
19 Mar 21
424B2
Prospectus for primary offering
15 Oct 20
FWP
Free writing prospectus
14 Oct 20
424B5
Prospectus supplement for primary offering
14 Oct 20
S-3ASR
Automatic shelf registration
6 Oct 20
Proxies
DEFA14A
Additional proxy soliciting materials
11 Jan 22
DEFR14A
Revised proxy
21 Jan 21
DEFA14A
Additional proxy soliciting materials
28 Dec 20
DFAN14A
Additional proxy materials by non-management
18 Feb 20
DEFA14A
Additional proxy soliciting materials
26 Dec 19
DEF 14A
Definitive proxy
26 Dec 19
PX14A6G
Letter to shareholders
5 Feb 19
DEFA14A
Additional proxy soliciting materials
27 Dec 18
Other
UPLOAD
Letter from SEC
12 Mar 18
CORRESP
Correspondence with SEC
11 Mar 18
UPLOAD
Letter from SEC
4 Mar 18
NO ACT
No action letter
25 Oct 17
UPLOAD
Letter from SEC
9 Mar 17
UPLOAD
Letter from SEC
7 Mar 17
CORRESP
Correspondence with SEC
6 Mar 17
NO ACT
No action letter
23 Nov 15
NO ACT
No action letter
30 Nov 14
NO ACT
No action letter
30 Oct 14
Ownership
13F-HR
Quarterly holdings report by institutional manager
11 Aug 22
4
Change in insider ownership
10 Aug 22
4
Change in insider ownership
8 Aug 22
4
Change in insider ownership
5 Aug 22
4
Change in insider ownership
3 Aug 22
4
Change in insider ownership
2 Aug 22
4
FRANKLIN RESOURCES / Adam Benjamin Spector ownership change
1 Aug 22
4
Change in insider ownership
1 Aug 22
4
Change in insider ownership
29 Jul 22
4
Change in insider ownership
28 Jul 22
Transcripts
2022 Q3
Earnings call transcript
28 Jul 22
2022 Q2
Earnings call transcript
3 May 22
2022 Q1
Earnings call transcript
1 Feb 22
2021 Q4
Earnings call transcript
1 Nov 21
2021 Q3
Earnings call transcript
3 Aug 21
2021 Q2
Earnings call transcript
4 May 21
2021 Q1
Earnings call transcript
2 Feb 21
2020 Q4
Earnings call transcript
27 Oct 20
2020 Q3
Earnings call transcript
28 Jul 20
2020 Q2
Earnings call transcript
30 Apr 20
Reddit threads
Best dividend stocks for options?
11 Aug 22
Stocks you own because you’re a fan of the company?
30 Jul 22
Daily Discussion Thread - July 28th, 2022
28 Jul 22
Daily Discussion Thread - July 27th, 2022
27 Jul 22
Daily Discussion Thread - July 26th, 2022
26 Jul 22
Beginner looking for advice. Im 17 so the numbers are pretty low since my income is nearly non-existent. I have about 250$ left to invest and i want to get a good dividend stock for long term. I was thinking more ET. What you guys say?
26 Jul 22
Daily Discussion Thread - July 25th, 2022
25 Jul 22
A List of Major Earnings for the Week of July 25th through 29th.
23 Jul 22
Critique/advice needed.
16 Jul 22
Recommended Dividend stocks under 10? Under 20?
12 Jul 22