Wall Street Zen upgrades Franklin Resources stock to Buy
Published on 10/02/2026 at 13:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Franklin Resources (ISIN US3546131018) was trading at EUR 29.02 at Lang & Schwarz on October 2, 2026 at 12:51 p.m. CEST, up 0.55 percent versus the prior close of EUR 28.86. On September 27, 2026, Wall Street Zen upgraded Franklin Resources from Hold to Buy, as MarketBeat reported.
Upgrade meets mixed consensus
The Buy upgrade stands against a broader Hold consensus. MarketBeat counted four Buy ratings, six Holds and two Sells, with an average target of USD 33.10 on September 27, 2026.
Morgan Stanley raised its Franklin Resources price target from USD 34.00 to USD 35.00 on September 25, 2026, while keeping an Equal Weight rating, according to Markets Insider. The two target levels frame the market view as constructive on valuation but cautious on near-term operating conditions.
Quarterly numbers beat estimates
Franklin Resources reported USD 0.72 in earnings per share for the quarter reported on July 31, 2026, above the USD 0.66 consensus estimate. Revenue reached USD 2.36 billion, up 14.30 percent from the comparable quarter, according to MarketBeat.
That combination gives the upgrade a measurable earnings basis: earnings per share exceeded consensus by USD 0.06, while revenue growth supplied the larger operating comparison. For investors, the key question is whether stronger revenue can translate into durable asset flows and margins.
NYSE quote and dividend date
On the NYSE, Franklin Resources was last quoted at USD 32.50 on October 1, 2026 at 4:00 p.m. EDT. Its 52-week range was USD 21.11 to USD 36.28, and market capitalization stood at USD 16.9 billion as of that quote.
The company also declared a quarterly dividend of USD 0.33, with payment scheduled for October 9, 2026, after the September 30, 2026 record date, according to MarketBeat. The annualized payout was USD 1.32, equivalent to a 3.90 percent yield in that report.
Stock stays below its yearly high
Franklin Resources combines a recent Buy upgrade with quarterly revenue growth and a dividend payment date already set for October 9, 2026. The Lang & Schwarz quote remained below the USD 35.00 Morgan Stanley target in currency-specific terms, so the euro quote and dollar targets should be read as separate market references.
The further course of trading is shown by the continuously updated real-time quote of Franklin Resources stock.
Franklin Resources market facts
- Company: Franklin Resources, Inc.
- ISIN: US3546131018
- Ticker: BEN
- Primary exchange: NYSE
- Price Lang & Schwarz as of October 2, 2026, 12:51 p.m. CEST: EUR 29.02
- Change versus prior close: plus 0.55 percent
- Prior close Lang & Schwarz October 1, 2026: EUR 28.86
- Market capitalization: USD 16.9 billion as of October 1, 2026
- 52-week range: USD 21.11-36.28 as of October 1, 2026
- Sector / Industry: Financial Services / Asset Management
