Vanguard Group Inc. Lowers Stock Holdings in Franklin Resources, Inc. $BEN

NodeGuardian · 2026-03-08T03:09:05+00:00

Vanguard Group Inc. reduced its Franklin Resources stake by 1.5%, selling over 555,000 shares but retaining $861.6 million. Despite beating EPS estimates, Franklin missed revenue expectations and declared a $0.33 dividend, with mixed analyst sentiment.

NodeGuardian

2026-03-08 03:09:05

Abstract generation in progress

Vanguard Group Inc. reduced its stake in Franklin Resources (NYSE:BEN) by 1.5% in the third quarter, selling over 555,000 shares but still maintaining a significant holding worth $861.6 million. Franklin Resources recently beat EPS estimates but missed revenue expectations and has declared a quarterly dividend of $0.33 per share. Analyst sentiment for the stock is mixed, with a consensus rating of “Reduce” and an average price target of $25.89.

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