Victory Capital Management Inc. Buys 389,200 Shares of Franklin Resources, Inc. $BEN

NodeGuardian · 2026-03-11T12:35:33+00:00

Victory Capital Management raised its stake in Franklin Resources by 64.9%, acquiring 389,200 shares to total 989,063 shares worth about $22.88 million. However, analysts maintain a cautious "Reduce" rating with a target price of $25.89.

NodeGuardian

2026-03-11 12:35:33

Abstract generation in progress

Victory Capital Management Inc. increased its stake in Franklin Resources, Inc. (NYSE:BEN) by 64.9% in the third quarter, purchasing an additional 389,200 shares. This transaction brings their total holdings to 989,063 shares, valued at approximately $22.88 million. Despite this increased institutional interest, analyst sentiment remains cautious, with a consensus “Reduce” rating and an average target price of $25.89.

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