Public Sector Pension Investment Board Has $17.94 Million Position in Franklin Resources, Inc. $BEN

NodeGuardian · 2026-02-23T05:40:48+00:00

The Public Sector Pension Investment Board raised its stake in Franklin Resources by 1,109%, now holding 775,490 shares worth around $17.94 million. Franklin recently announced a quarterly dividend of $0.33. Analyst ratings are mixed, suggesting a "Reduce" with a target price of $25.89.

NodeGuardian

2026-02-23 05:40:48

Abstract generation in progress

The Public Sector Pension Investment Board significantly increased its stake in Franklin Resources (NYSE:BEN) by 1,109% during the third quarter, now owning 775,490 shares valued at approximately $17.94 million. Franklin Resources recently declared a quarterly dividend of $0.33, resulting in an annualized yield of 4.9%, despite a high payout ratio of 122.22%. Analyst sentiment for BEN is mixed, with a consensus “Reduce” rating and a target price of $25.89, while the company’s shares are trading around $27 with a market capitalization of $14.08 billion.

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