Franklin Resources (BEN) reported net income attributable to the company of $171.5 million, or $0.31 per diluted share, for the quarter ended June 30, 2026. Operating revenues were $2.36 billion, and operating income was $215.8 million.
The company said assets under management totaled $1.7916 trillion at June 30, 2026. Franklin Resources also announced it will change its corporate name to Franklin Templeton, Inc. effective Aug. 17, 2026, while continuing to trade on the NYSE under ticker BEN.
- Net income compared with $268.2 million in the previous quarter and $92.3 million in the year-earlier quarter.
- Diluted earnings per share were $0.31, compared with $0.49 in the prior quarter and $0.15 a year earlier.
- Long-term net inflows were $18.4 billion for the quarter.
- The company repurchased 10.4 million shares for $348.1 million during the quarter.
- Total capital returned to shareholders was $521.5 million, including share repurchases.
$BEN Hedge Fund Activity
We have seen 296 institutional investors add shares of $BEN stock to their portfolio, and 243 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.
