Overview#
Franklin Resources Inc., known for its investment management services, reported that its assets under management (AUM) reached $1.74 trillion as of April 30, 2026. This marks an increase from $1.68 trillion at the end of March 2026. The company's stock is currently trading at $30.46, close to its 52-week high, and has delivered a significant return of nearly 57% over the past year.
Factors Behind the Increase#
The rise in AUM can be attributed to market gains and long-term net inflows totaling $4 billion. However, it's important to note that Western Asset Management, a subsidiary of Franklin Templeton, experienced $1 billion in long-term net outflows. Excluding these outflows, the company saw a net inflow of $5 billion.
Breakdown by Asset Class#
In terms of asset classes, equity assets increased to $724 billion in April, up from $669.7 billion in March. Fixed income assets also saw a slight rise to $437.2 billion from $434.3 billion. Alternative assets grew to $286 billion, while multi-asset holdings rose to $217.4 billion. Long-term assets totaled $1.664 trillion, reflecting a healthy growth from $1.594 trillion in March.
Recent Financial Performance#
Franklin Resources recently reported strong financial results for the second quarter of fiscal 2026, with earnings per share hitting $0.71, surpassing expectations. Revenue for the quarter was $2.29 billion, significantly higher than the anticipated $1.7 billion. Analysts have responded positively, with Barclays upgrading the stock to an Equalweight rating due to strong fundraising and improved net flows. Meanwhile, BofA Securities raised its price target for the company, reflecting confidence in its financial performance and strategic direction.