Street Calls of the Week
Investing.com - Franklin Resources (NYSE:BEN), a $12.69 billion asset management firm with a notable 45-year track record of consistent dividend payments, has established a strategic partnership with three infrastructure managers to enhance its private wealth solutions, TD Cowen reported Thursday.
The asset management firm is collaborating with Copenhagen Infrastructure Partners, DigitalBridge, and Actis to deliver private infrastructure solutions specifically tailored for private wealth clients.
TD Cowen maintained its Buy rating on Franklin Resources with a price target of $31.00 following the announcement.
The partnership aims to strengthen Franklin Resources’ position in the democratization of alternative investments for wealth management clients, according to TD Cowen.
The firm also noted that this strategic move sets the stage for Franklin Resources to increase its participation in the emerging 401(k) market opening to alternative investments.
In other recent news, Franklin Resources reported its third-quarter earnings for 2025, surpassing analysts’ expectations with an earnings per share of $0.49, slightly above the forecast of $0.48. The company also reported a significant revenue surprise, with $2.06 billion in revenue compared to the anticipated $1.59 billion. This reflects a notable 29.56% revenue surprise. Additionally, Franklin Resources announced the appointment of Daniel Gamba as Chief Commercial Officer, effective October 15, 2025. Gamba will also serve as Co-President alongside Terrence Murphy and Matthew Nicholls, collaborating on the firm’s long-term strategic plans. Meanwhile, TD Cowen has identified Affiliated Managers Group, Carlyle Group, and MarketAxess as their top stock picks following the second-quarter earnings review. The firm highlighted Carlyle Group for its strong execution and attractive valuation. These developments provide investors with insights into the strategic and financial positioning of Franklin Resources and other firms.
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