Latest news with #FranklinResources
Business Wire
2 days ago
- Business
- Business Wire
Franklin Templeton Adds Managed Options Strategies to its Custom Indexing Platform, Canvas
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced the addition of managed options strategies to its custom indexing platform, Canvas. This latest enhancement will provide financial advisors a single account solution to implement options programs that add risk-management guardrails, target income generation, and/or diversify away from concentrated stock risk. The new strategies will be managed by the Franklin Managed Options Strategies Team (MOST), pioneers in the 'risk-managed' options business with over 30 years of options investing experience. 'The introduction of managed options strategies on Canvas reflects Franklin Templeton's continued commitment to bringing innovative, customized investment and practice management solutions to financial advisors,' said Roger Paradiso, Head of Franklin Templeton Custom Client Solutions. 'This development enhances advisors' ability to build custom, tax-managed SMAs that address specific client needs, and reinforces Franklin Templeton's continued leadership in the fast-growing SMA industry, bolstered by the rapid expansion of direct and custom indexing.' Drawing on the fundamentals of direct indexing, Canvas is an end-to-end multi-asset investment platform for advisors to easily automate tax management, simplify portfolio transitions, and personalize and manage accounts at scale. Over the past year its asset allocation choices have significantly expanded to include fundamental active equity strategies, municipal bonds, and active fixed income strategies, building on its core passive, factor, and custom indexing capabilities. 'We are excited about the added benefits options bring to custom indexing,' said Jon Orseck, Co-CIO of Franklin MOST. 'Beyond their complementary benefits from an investment perspective, both managed options and custom indexing aim to provide investors greater control and transparency. By unifying them within a single account on Canvas, advisors gain enhanced tax and operational efficiency that ultimately can help to deliver a better client experience.' Franklin Templeton is a leading provider in the SMA industry, with approximately $155 billion in SMA assets under management as of June 30, 2025, strengthened by the year-over-year growth of its Canvas platform, which accounts for $13.8 billion. About Franklin Templeton Franklin Resources, Inc. [NYSE: BEN] is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives, and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.6 trillion in assets under management as of June 30, 2025. For more information, please visit and follow us on LinkedIn, X and Facebook. Copyright © 2025. Franklin Templeton. All rights reserved. O'Shaughnessy Asset Management, LLC and Franklin Managed Options Strategies, LLC are Franklin Templeton affiliated companies. WHAT ARE THE RISKS? All investments involve risks, including possible loss of principal. Tax management practices may impact performance, portfolio characteristics and holdings; and may not result in favorable outcomes. IMPORTANT INFORMATION CANVAS® is an interactive web-based investment tool developed by O'Shaughnessy Asset Management, L.L.C. ('OSAM') that permits an investment professional to select a desired investment strategy for the professional's client. At all times, the investment professional, and not OSAM, is responsible for determining the initial and ongoing suitability of any investment strategy for the investment professional's underlying client. The professional's client shall not rely on OSAM for any such initial or subsequent review or determination. Rather, to the contrary, at all times the professional shall remain exclusively responsible for same. Franklin Templeton, its affiliates, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax related statements, if any, may have been written in connection with the 'promotion or marketing' of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.
Yahoo
14-07-2025
- Business
- Yahoo
IVZ vs. BEN: Which Stock Should Value Investors Buy Now?
Investors interested in Financial - Investment Management stocks are likely familiar with Invesco (IVZ) and Franklin Resources (BEN). But which of these two stocks presents investors with the better value opportunity right now? Let's take a closer look. Everyone has their own methods for finding great value opportunities, but our model includes pairing an impressive grade in the Value category of our Style Scores system with a strong Zacks Rank. The proven Zacks Rank emphasizes companies with positive estimate revision trends, and our Style Scores highlight stocks with specific traits. Invesco has a Zacks Rank of #2 (Buy), while Franklin Resources has a Zacks Rank of #3 (Hold) right now. Investors should feel comfortable knowing that IVZ likely has seen a stronger improvement to its earnings outlook than BEN has recently. But this is just one piece of the puzzle for value investors. Value investors also try to analyze a wide range of traditional figures and metrics to help determine whether a company is undervalued at its current share price levels. The Value category of the Style Scores system identifies undervalued companies by looking at a number of key metrics. These include the long-favored P/E ratio, P/S ratio, earnings yield, cash flow per share, and a variety of other fundamentals that help us determine a company's fair value. IVZ currently has a forward P/E ratio of 9.70, while BEN has a forward P/E of 12.07. We also note that IVZ has a PEG ratio of 1.55. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. BEN currently has a PEG ratio of 1.98. Another notable valuation metric for IVZ is its P/B ratio of 0.69. The P/B ratio is used to compare a stock's market value with its book value, which is defined as total assets minus total liabilities. For comparison, BEN has a P/B of 0.99. These are just a few of the metrics contributing to IVZ's Value grade of B and BEN's Value grade of C. IVZ is currently sporting an improving earnings outlook, which makes it stick out in our Zacks Rank model. And, based on the above valuation metrics, we feel that IVZ is likely the superior value option right now. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Invesco Ltd. (IVZ) : Free Stock Analysis Report Franklin Resources, Inc. (BEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Globe and Mail
08-07-2025
- Business
- Globe and Mail
Franklin Universal Trust ('FT' or the 'Fund') Announces Distribution
Franklin Universal Trust [NYSE: FT] today announced a monthly distribution from net investment income of $0.0425 per share, payable on July 31, 2025, to shareholders of record on July 18, 2025 (Ex-Dividend Date: July 18, 2025). The Fund's primary investment objective is to provide high, current income consistent with preservation of capital. Its secondary objective is growth of income through dividend increases and capital appreciation. Distributions may vary based on the Fund's net investment income. Past distributions are not indicative of future trends. Shareholders should not draw any conclusions about the Fund's investment performance from the amount of the current distribution or from the terms of the Fund's distribution policy. The amounts and sources of distributions reported herein are only estimates and are not being provided for tax reporting purposes. The actual amounts and sources of the amounts for tax reporting purposes will depend upon the Fund's investment experience during the remainder of its fiscal year and may be subject to changes based on tax regulations. The Fund will send a Form 1099-DIV to shareholders for the calendar year that will describe how to report the Fund's distributions for federal income tax purposes. For further information on Franklin Universal Trust, please visit our web site at: Franklin Resources, Inc. is a global investment management organization with subsidiaries operating as Franklin Templeton and serving clients in over 150 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 offers specialization on a global scale, bringing extensive capabilities in fixed income, equity, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial markets around the world, the California-based company has over 75 years of investment experience and $1.57 trillion in assets under management as of May 31, 2025. For more information, please visit
Yahoo
08-07-2025
- Business
- Yahoo
Franklin Resources' Quarterly Earnings Preview: What You Need to Know
Valued at a market cap of $12.9 billion, Franklin Resources, Inc. (BEN) is a global investment management organization. Operating under various brand names, including Franklin, Templeton, and Legg Mason, the firm provides a wide range of investment advisory services and asset management solutions to individual and institutional clients worldwide. BEN is expected to announce its fiscal Q3 2025 earnings results before the market opens on Friday, Aug. 1. Ahead of this event, analysts expect the San Mateo, California-based company to report adjusted earnings of $0.46 per share, down 23.3% from $0.60 per share in the year-ago quarter. The company has surpassed or met Wall Street's earnings estimates in three of the last four quarters while missing on another occasion. This Analyst Just Raised His Broadcom Stock Price Target by 70%. Should You Buy AVGO Now? Why Alibaba Stock Looks Like a Screaming Buy After Falling 27% From Its 2025 Highs 2 ETFs Offering Juicy Dividend Yields of 20% or Higher Tired of missing midday reversals? The FREE Barchart Brief newsletter keeps you in the know. Sign up now! For fiscal 2025, analysts expect the investment manager to report an adjusted EPS of $2.02, down 15.5% from $2.39 in fiscal 2024. However, EPS is anticipated to grow 9.9% year-over-year to $2.22 in fiscal 2026. Shares of Franklin Resources have risen 10.9% over the past 52 weeks, lagging behind both the S&P 500 Index's ($SPX) 11.9% gain and the Financial Select Sector SPDR Fund's (XLF) 26.8% return over the same period. Shares of Franklin Resources climbed over 7% on May 2, driven by stronger-than-expected Q2 2025 revenue of $2.1 billion, which beat the estimate. The company also reported net income of $151.4 million, up 21.9% from the prior year, alongside a higher operating margin of 6.9%. Additionally, better-than-expected investment management fees of $1.67 billion and stable adjusted EPS of $0.47, which met consensus, supported investor confidence despite AUM and long-term net outflow challenges. Analysts' consensus view on Franklin Resources' stock is cautious, with an overall 'Hold' rating. Among 12 analysts covering the stock, two recommend "Strong Buy," five "Holds," one suggests "Moderate Sell," and four "Strong Sells." As of writing, BEN is trading above the average analyst price target of $21.29. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Business Insider
05-07-2025
- Business
- Business Insider
Evercore ISI Remains a Sell on Franklin Resources (BEN)
Evercore ISI analyst Glenn Schorr maintained a Sell rating on Franklin Resources on July 3 and set a price target of $24.00. The company's shares closed last Thursday at $24.88. Don't Miss TipRanks' Half-Year Sale Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence. Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week. Schorr covers the Financial sector, focusing on stocks such as BlackRock, Franklin Resources, and Invesco. According to TipRanks, Schorr has an average return of 10.8% and a 67.08% success rate on recommended stocks. Franklin Resources has an analyst consensus of Hold, with a price target consensus of $21.17, which is a -14.91% downside from current levels. In a report released on July 2, Morgan Stanley also maintained a Sell rating on the stock with a $19.00 price target. Based on Franklin Resources' latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $2.11 billion and a net profit of $151.4 million. In comparison, last year the company earned a revenue of $2.13 billion and had a net profit of $124.2 million Based on the recent corporate insider activity of 45 insiders, corporate insider sentiment is neutral on the stock. Most recently, in April 2025, Charles B. Johnson, a Major Shareholder at BEN sold 420.00 shares for a total of $7,379.40.
