Franklin Resources Inches 0.41% Higher Despite Mixed Trading Session
June 26, 2023
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On Tuesday, it experienced a slight 0.41% increase in stock prices, pushing the price to $24.71, despite the market’s mixed trading results. This comes as a pleasant surprise given the current economic climate. It has maintained its leadership in the asset management field by focusing on a core set of strategies such as global investments, portfolio management, and technical analysis. The company prides itself on being able to offer clients tailored solutions that meet their individual needs. Franklin Resources ($NYSE:BEN) Inc. has also become a leader in sustainability and environmental, social and governance (ESG) standards.
It is also committed to increasing transparency and disclosure of ESG risks and opportunities within its investments. The company’s 0.41% increase in stock prices on Tuesday is a positive sign for the future of the company and indicates that investors are confident in its future prospects. The company is well-positioned to capitalize on the current market conditions and continue to grow and expand its asset base.
Analysis
GoodWhale has looked into the fundamentals of FRANKLIN RESOURCES and can provide our clients with a comprehensive assessment. According to our Star Chart classification of ‘cow’, FRANKLIN RESOURCES is a company with a track record of paying out consistent and sustainable dividends. This makes them an attractive investment for dividend investors such as retirees or those looking to generate income. The health score of FRANKLIN RESOURCES is 8/10, taking into account its cashflows and debt. This means that the company is well equipped to ride out any economic downturns or other crises without the risk of bankruptcy. Looking closer at the fundamentals, FRANKLIN RESOURCES scores highly for dividend growth, but is only average in terms of asset growth, profitability and growth potential. This profile makes them an attractive investment for those seeking steady income, with moderate growth potential. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Franklin Resources. More…
| Total Revenues | Net Income | Net Margin |
| 7.86k | 812.4 | 10.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Franklin Resources. More…
| Operations | Investing | Financing |
| 1.4k | -4.37k | 2.23k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Franklin Resources. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 29.09k | 15.68k | 23.62 |
Key Ratios Snapshot
Some of the financial key ratios for Franklin Resources are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 11.5% | -7.4% | 17.1% |
| FCF Margin | ROE | ROA |
| 16.6% | 7.2% | 2.9% |
Peers
Franklin Resources Inc is one of the world’s largest asset managers with over $1.5 trillion in assets under management. The company offers a wide range of products and services to its clients including mutual funds, institutional investing, and retirement services. Franklin Resources Inc competes with other large asset managers such as BlackRock Inc, Federated Hermes Inc, and WisdomTree Investments Inc.
– BlackRock Inc ($NYSE:BLK)
BlackRock Inc. is an American multinational investment management corporation based in New York City. Founded in 1988, initially as a risk management and fixed income institutional asset manager, BlackRock expanded into other asset classes, becoming the world’s largest asset manager with $6.84 trillion in assets under management as of October 2020. BlackRock operates globally with 70 offices in 30 countries and clients in 100 countries.
– Federated Hermes Inc ($NYSE:FHI)
Federated Hermes Inc is a publicly traded company with a market capitalization of $2.75 billion as of 2022. The company’s return on equity, a measure of profitability, was 22.41% for the same year. Federated Hermes Inc is a provider of investment management services with a focus on asset allocation, security selection, and portfolio construction. The company offers a range of services for individuals, institutions, and intermediaries, including investment management, trust and custody, and capital markets services.
– WisdomTree Investments Inc ($NASDAQ:WETF)
WisdomTree Investments Inc is a publicly traded investment management company that specializes in exchange-traded funds. The company has a market capitalization of $721.2 million and a return on equity of 4.76%. WisdomTree was founded in 1985 and is headquartered in New York, New York. The company offers a variety of ETFs, including those focused on asset classes, regions, and strategies.
Summary
Franklin Resources Inc. is a global investment management company that offers a range of products and services. On Tuesday, their shares increased 0.41% to $24.71 in an overall mixed trading session. Analysts suggest that the company has potential to become a long-term investment opportunity due to its sound financials and strong leadership. The company’s fund offerings and strategic moves have been praised by many in the industry, while some investors have expressed concern over its high fees and large-scale investments.
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