Franklin Resources Rises as Earnings Beat and Asset Flows Stay Firm

Franklin Resources (BEN) is up 3.1% today. Here is some analysis on what might have caused this price movement.

Analysis: The most likely driver is an earnings beat tied to Franklin Resources’ June-quarter report, with market data indicating adjusted EPS came in above expectations. Investors also appear to be responding to improving asset-gathering trends, as the company recently disclosed higher assets under management and solid long-term net inflows for the quarter. ([benzinga.com](https://www.benzinga.com/quote/BEN/earnings?utm_source=openai))

Details:

Franklin Resources was scheduled to release third-quarter fiscal 2026 results before the market opened on Friday, July 31, 2026, putting the stock in focus for an earnings-driven move. ([investors.franklinresources.com](https://investors.franklinresources.com/news-center/press-releases/press-release-details/2026/Franklin-Resources-Inc--to-Announce-Third-Quarter-Results-on-July-31-2026/default.aspx?utm_source=openai))

Market earnings pages show BEN posted actual EPS of $0.71 versus a $0.55 estimate, which would typically support a positive same-day share reaction. ([benzinga.com](https://www.benzinga.com/quote/BEN/earnings?utm_source=openai))

The company said preliminary month-end AUM rose to $1.79 trillion at June 30, 2026 from $1.78 trillion at May 31, 2026. ([investors.franklinresources.com](https://investors.franklinresources.com/news-center/press-releases/press-release-details/2026/Franklin-Resources-Inc--Announces-Preliminary-Month-End-Assets-Under-Management-98d82c288/default.aspx?utm_source=openai))

For the quarter ended June 30, 2026, preliminary AUM reflected the positive impact of markets and $18 billion of long-term net inflows, while Western Asset Management showed only $1 billion of long-term net outflows, a better flow picture than investors had seen in prior periods. ([investors.franklinresources.com](https://investors.franklinresources.com/news-center/press-releases/press-release-details/2026/Franklin-Resources-Inc--Announces-Preliminary-Month-End-Assets-Under-Management-98d82c288/default.aspx?utm_source=openai))

Sources:

Franklin Resources, Benzinga, SEC

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

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$BEN Hedge Fund Activity

We have seen 296 institutional investors add shares of $BEN stock to their portfolio, and 244 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

CITADEL ADVISORS LLC added 5,041,726 shares (+80.3%) to their portfolio in Q1 2026, for an estimated $119,085,568
JUPITER ASSET MANAGEMENT LTD added 2,645,077 shares (+9336.0%) to their portfolio in Q1 2026, for an estimated $62,476,718
FREESTONE GROVE PARTNERS LP added 2,148,549 shares (+inf%) to their portfolio in Q1 2026, for an estimated $50,748,727
GOLDMAN SACHS GROUP INC added 1,796,569 shares (+31.8%) to their portfolio in Q1 2026, for an estimated $42,434,959
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 1,765,840 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $41,709,140
SQUAREPOINT OPS LLC removed 1,511,423 shares (-36.6%) from their portfolio in Q1 2026, for an estimated $35,699,811
BARCLAYS PLC added 1,164,060 shares (+70.6%) to their portfolio in Q1 2026, for an estimated $27,495,097

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

$BEN Congressional Stock Trading

Members of Congress have traded $BEN stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BEN stock by members of Congress over the last 6 months:

SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.

To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.

$BEN Price Targets

Multiple analysts have issued price targets for $BEN recently. We have seen 6 analysts offer price targets for $BEN in the last 6 months, with a median target of $32.5.

Here are some recent targets:

Michael Cyprys from Morgan Stanley set a target price of $34.0 on 06/26/2026
Bill Katz from TD Cowen set a target price of $40.0 on 06/22/2026
Benjamin Budish from Barclays set a target price of $31.0 on 04/29/2026
David Motemaden from Evercore ISI Group set a target price of $28.0 on 04/29/2026
Alexander Blostein from Goldman Sachs set a target price of $34.0 on 04/29/2026
Kenneth Worthington from JP Morgan set a target price of $31.0 on 04/29/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.