Franklin Resources stock gains after KBW starts coverage

Published on 09/11/2026 at 23:09 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Franklin Resources stock closed at USD 34.28 on September 9, 2026, about 10.9 percent below KBW's USD 38 target. The July 31, 2026 quarter brought USD 0.72 EPS and USD 2.36 billion in revenue.

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Franklin Resources stock (ISIN US3546131018) closed at USD 34.28 on the New York Stock Exchange on September 9, 2026, leaving the shares about 10.9 percent below Keefe, Bruyette & Woods' fresh USD 38 target. The latest reported quarter, ended July 31, 2026, delivered USD 0.72 in earnings per share and USD 2.36 billion in revenue.

KBW starts coverage

According to Ad-hoc-news on September 10, 2026, Keefe, Bruyette & Woods initiated coverage with a market perform rating and a USD 38 target. That target sits 10.9 percent above the September 9, 2026 close of USD 34.28.

The same report says Franklin Resources posted USD 0.72 EPS for the quarter ended July 31, 2026, beating the USD 0.66 consensus by USD 0.06. It also put quarterly revenue at USD 2.36 billion, up 14.3 percent year over year.

Quarterly beat matters

MarketBeat's September 11, 2026 coverage says Franklin Resources reported net margin of 8.72 percent and return on equity of 11.55 percent in that quarter. The same source also noted an annualized dividend of USD 1.32 per share after the quarterly payout was set at USD 0.33.

For investors, the comparison is straightforward: revenue rose 14.3 percent, EPS beat estimates by USD 0.06, and the stock still traded below the new USD 38 target. MarketBeat also showed an average Hold rating and an average price target of USD 33.00, with recent targets spanning USD 34 to USD 38.

Stock near its high

Franklin Resources stock was quoted with a market capitalization of USD 17.13 billion, a 52-week range of USD 21.10 to USD 36.28, and a 50-day moving average of USD 33.79 in MarketBeat's September 11, 2026 data. The September 9, 2026 close of USD 34.28 left the shares close to that upper range.