InsiderStreet Equity Research

Produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation for any investor. Do not rely on it for any investment decision.

Last Close

$30.98

2026-10-16

Market Cap

$15.7B

Volume

4.4M

52-Wk High

$36.28

52-Wk Low

$21.11

Trailing PE

20.7

P/S

1.69

Gross Margin

67.6%

Net Margin

9.6%

ROE

7%

ROIC

2%

Piotroski

5/9

Altman Z

1.3

1-Yr Return

+40.0%

5-Yr Return

+54.7%

Franklin Resources, Inc. is a publicly owned asset investment manager. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Alberta; Dubai, United Arab Emirates; Edinburgh, Midlothian; Fort Lauderdale, Florida; Hyderabad, India; London, Greater London; Rancho Cordova, California; Shanghai, Shanghai Province; Singapore; Stamford, Connecticut; and Vienna.

SectorFinancial ServicesIndustryAsset ManagementExchangeNYSEMarket Cap$15.7BEmployees9,800 (SEC-filed)CEOJennifer JohnsonIPO1983-09-23CountryUS

One Franklin Parkway, San Mateo, CA 94403 · Tel 650-312-2000 · franklintempleton.com/corporate

INSIDERSTREET SCORE30 / 100Street mean $36.25 (4 analysts, last qtr) — their number, not ours

INSIDER CONSENSUS SIGNALCOMP-PLAN ACTIVITY ONLYexercises and tax withholding only

INSIDERSTREET
SCORE30of 100

Score Breakdown

Profitability	36/100
Growth	62/100
Momentum	59/100
Quality	42/100
Earnings Quality	53/100
Balance Sheet	50/100
Value	66/100
Risk (safety)	30/100
Overall	30.0/100

Each component is a diagnostic reading on its own 0-100 scale. The overall score is computed separately from the underlying financials and is not the average of the rows above — components are not equally weighted and three of them (Momentum, Value, Risk) are derived partly from price rather than from the business.

Peer Comparison — IS Score

Symbol	IS Score
CRBG	58
TPG	56
EQH	17
PS	45
OWL	47
ARCC	44
BEN	30

IS Score Trend — quarterly

15 quarters, 23 Q1 to 26 Q3. Peak 51 in 26 Q2, latest 30 — -21 since. Dropped below the 40 line in 26 Q3, at 30. Fell in 1 of the last 4 quarters. Dashed line marks 40 on the 0-100 scale.

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1 Year vs S&P 500 · BEN +40.0% · S&P 500 +15.9% · spread +24.2pp

7 Years vs S&P 500 · BEN +54.7% · S&P 500 +189.9% · spread -135.2pp

Both charts indexed to 100 at the start of their window and drawn on a single shared scale, so the gap to the benchmark is the gap you see. Adjusted closes throughout.

BUSINESS QUALITY30 / 100IS Score 30.0 / 100 · -21.1 from peak of 51

Fundamental factor model, quarterly. Measures how the business is doing - not where the price is going.

PRICE STRUCTUREBEARISHTechnical Score 21 / 100 · Power -58 · 5 of 22 indicator votes bullish

Vote share across trend, momentum, volume, volatility and pattern families. Describes where the price is, not where it is going.

Both readings sit below the midpoint — business quality at 30 and price structure at 21 out of 100 — so they are not in conflict. The fundamentals and the tape are saying the same thing, which is the case in which either one alone would have been enough.

Trigger	Where it stands now	What it would mean
IS Score reaches 55 and holds two consecutive quarters	now 30.0	would move us up one band
IS Score stops falling - one quarter higher than the prior	last four: 46 → 49 → 51 → 30	the direction matters more than the level
Technical vote share back above 50%	now 18%	price structure no longer broken
Institutional holder count rises two quarters running	peak 671 → now 671	fewer institutions willing to hold is our clearest warning

We publish these so the view can be shown to be wrong. If none of them move and our reading does, we owe you an explanation.

This page is InsiderStreet's own reading, produced from the data in the rest of this document. It is not a price target and not investment advice. Analyst consensus and street price targets appear later under their own heading and are the street's numbers, not ours.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Site Convergence Score1 of 4top 66% of 29,420 symbols

Sources Aligned— of 3independent disclosures

Congress (180d)1 buys2026-03-27

Insider Buys (180d)0none disclosed

ETF Funds (30d)532 up / 536 downnet -4 funds

Congressional and insider figures are disclosed purchases in the trailing 180 days; ETF figures are COUNTS OF FUNDS whose holding changed in 30 days, not dollars. Coincidence of separate disclosures, not coordination. An absent source means nothing qualifying was disclosed in its window.

Institutions holding — 12 quarters

Peak 671 · latest 671 (+0 from peak).

Quarter	Holders	13F shares	Value	Reported own%
2026 Q2	671	275.5M	$9.1B	53.5%
2026 Q1	610	288.2M	$6.8B	55.9%
2025 Q4	579	275.9M	$6.6B	53.5%
2025 Q3	593	268.7M	$6.2B	52.2%
2025 Q2	568	284.1M	$6.8B	55.1%
2025 Q1	565	283.4M	$5.4B	55.0%
2024 Q4	569	275.1M	$5.6B	53.4%
2024 Q3	557	266.3M	$5.4B	51.7%
2024 Q2	582	255.9M	$5.7B	49.7%
2024 Q1	597	263.5M	$7.4B	51.1%
2023 Q4	566	218.3M	$6.5B	42.4%
2023 Q3	536	221.5M	$5.4B	43.0%

How to read ownership above 100%. A 13F reports the positions a manager has investment discretion over, and where two or more managers share discretion over the same block, each one reports it. Summed across filers, the total can therefore exceed the shares actually outstanding without anything being wrong. We publish the figure as filed rather than netting it down, and flag separately any quarter where the arithmetic is not merely high but impossible.

Insider	Role	Date	Type	Shares	Value	Post-Txn Owned
Merchant Thomas C	EVP, General Counsel	2026-10-13	A-Award	19,244	$0.60M	102,049
Merchant Thomas C	EVP, General Counsel	2026-10-13	A-Award	18,426	—	120,475
Murphy Terrence	Co-President, Public Markets	2026-10-13	A-Award	137,589	$4.29M	528,473
Murphy Terrence	Co-President, Public Markets	2026-10-13	A-Award	3,689	—	532,162
Nicholls Matthew	Co-President, CFO & COO	2026-10-13	A-Award	99,664	$3.11M	816,928
Nicholls Matthew	Co-President, CFO & COO	2026-10-13	A-Award	117,420	—	934,348
Johnson Jennifer M	director, Chief Executive Officer	2026-10-13	A-Award	202,053	$6.30M	3,640,034
Johnson Jennifer M	director, Chief Executive Officer	2026-10-13	A-Award	146,521	—	3,786,555

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

6-mo decomposition (Form 4)	Txns	Shares	Value	Signal weight
F — Tax withholding	7	289,820	$9.9M	None — compensation
P — Open-market purchases	0	0	$0	Counted — none occurred

Monthly Net Insider Flow (000 shares)

Net of acquisitions minus dispositions, all Form 4 types.

Signal Summary

SignalComp-Plan Activity Only

Open-Market Sells$0.0M0 txns / 6 mo

Open-Market Buys$0.0M0 txns / 6 mo

ClusterNone active3+ insiders / 21 days

Filed	Filer	Shares registered	Est. proceeds
2023-12-14	Sethi Alok	22,000	$0.6M
2023-12-05	Sethi Alok	25,000	$0.6M
2023-10-10	Byerwalter Mariann H	6,011	$0.1M
Trailing 12 mo	0 filings	—	$0M

Filed	Form	Reporting person	% of class	Shares
2026-08-13	SCHEDULE 13G/A	PAFI, LLC	4.99%	25.3M sh
2026-04-27	SCHEDULE 13G/A	BlackRock, Inc.	4.90%	25.3M sh
2026-03-26	SCHEDULE 13G/A	The Vanguard Group	—	exit/reporting change

Member	Chamber	Trade	Size band	Traded	Disclosed
Ro Khanna	House	SELL	$1,001 - $15,000	2025-09-29	2025-10-03
Thomas H. Kean	House	SELL	$15,001 - $50,000	2025-09-03	2025-10-15
Thomas Kean	House	SELL	$15,001 - $50,000	2025-09-02	2025-10-15
Alan Armstrong	Senate	BUY	$1,001 - $15,000	2026-03-27	2026-07-20

House 12-Mo3 trades0 purchases

Senate 12-Mo1 trades1 purchases

CoverageSTOCK Act filings30-45 day disclosure lag

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

13F Filers (last complete Q)610

13F Shares288M55.9% of shares out

New / Closed93 / 48positions, QoQ

Increased / Reduced216 / 202positions, QoQ

Put/Call (13F)0.88option positions

Free Float52.9%269M sh

2.8 · Largest Reporting 13F Managers

Manager	Shares	Value
Artemis Investment Management Llp	5.1M	$165M
Wedge Capital Management L L P/Nc	990,890	$32M
Sound Income Strategies, Llc	482,990	$16M
First Citizens Bank & Trust Co	422,924	$14M
Argent Capital Management Llc	350,604	$11M
Schaper Benz & Wise Investment Cou	207,489	$7M

EDGAR 13F holdings as of 2026-09-30; filer values normalized to dollars.

2.9 · Top ETF & Fund Ownership

Fund	Weight	Position
VITSX	0.0%	$310M
VTI	0.0%	$310M
VSMPX	0.0%	$310M
VTSAX	0.0%	$310M
VOO	0.0%	$249M
VFFSX	0.0%	$249M

13F Filers Holding BEN — quarterly

Institutional Put/Call — quarterly

Daily short-sale volume as % of volume reported in FINRA's short-sale file — a flow measure, not short interest; dashed = 50-day average.

Latest Session40.4%2026-10-15

20-Day Avg47.7%50-day 53.1%

TrendFalling20d vs 50d

By Market CenterQ: 40% · N: 52% · B: 25%latest session

Weekly Notional ($B)

Where BEN Trades in the Dark

ATS Venue (4-wk)	Shares	Avg trade
Incr Intelligent Cross Llc	5.8M	83 sh
Ebxl Level Ats	4.2M	47 sh
Mstx Ms Trajectory Cross (Ats-1)	3.5M	100 sh
Ubsa Ubs Ats	2.6M	83 sh
Pure Purestream	2.4M	36 sh
Sgmt Sigma X2	2.1M	73 sh

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Where a dollar of Franklin Resources, Inc. revenue goes. All values FY2025 filings, live.

Region	Revenue	Share
UNITED STATES	$6.6B	75%
LUXEMBOURG	$1.3B	15%
Asia Pacific	$328M	4%
Europe, Middle East and Africa, Excluding Luxembourg	$279M	3%
Americas Excluding United States	$254M	3%

BEN (live moat model)Peer median: CRBG · TPG · EQH · PS · OWL

Component scores from the live moat model. Peer median illustrative.

Moat score 45/100 — Weak; primary source Switching Costs.

3.8 · Employees (SEC filings)

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Officer	Title
Terrence James Murphy	Co-President & Head of Public Market Investments
Jennifer Johnson	CEO & Non-Independent Director
Matthew Nicholls	Co-President, Chief Financial Officer & Chief Operating Officer
Gregory Eugene Johnson	Executive Chairman of the Board & Non-Independent Director

Revenue ($B)

EPS ($) — GAAP diluted actual, street-basis estimate

Actual bars are GAAP diluted EPS from the filed income statement; the lighter forward bars are street-basis consensus. The two are different measures and are not comparable quarter to quarter.

Quarterly EPS — Actual vs. Consensus

Beats (>2%)4 of 6recent quarters

Avg Surprise+13.8%

Next Report2026-11-06

Income Quality0.24OCF ÷ net income

Beat Rate—%0 of 0 quarters

Current Streak0longest 0

Avg EPS Surprise—%median —%

Surprise Trend—last 4 vs prior 4

Period	EPS est.	EPS actual	EPS surprise	Rev est. ($M)	Rev actual ($M)	Rev surprise

Announcement dates to . Consensus as it stood at each report. Revenue surprise shown where both estimate and actual are filed. A beat record is history, not a forecast.

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Profit Margins (%)

Revenue by Segment — Stacked

Live segmentation data.

YoY Growth Heatmap — Income Lines

YoY growth	FY21	FY22	FY23	FY24	FY25
Revenue	+51.4%	-1.8%	-5.1%	+8.0%	+3.5%
Gross profit	+55.4%	-2.1%	-7.3%	+7.0%	+3.8%
Operating income	+78.8%	-5.4%	-37.9%	-63.0%	+48.2%
Net income	+129.2%	-29.5%	-31.7%	-47.3%	+12.9%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

$B · FY ends	FY21	FY22	FY23	FY24	FY25
Revenue	8.4	8.3	7.8	8.5	8.8
Cost of revenue	1.4	1.4	1.5	1.7	1.7
Gross profit	7.0	6.8	6.3	6.8	7.0
R&D expense	0.0	0.0	0.0	0.0	0.0
SG&A expense	4.2	4.1	4.1	4.7	4.9
Operating income	1.9	1.8	1.1	0.4	0.6
EBITDA	2.8	2.2	1.9	1.4	1.4
D&A	0.3	0.4	0.4	0.5	0.5
Pretax income	2.4	1.7	1.3	0.8	0.8
Income tax	0.3	0.4	0.3	0.2	0.2
Net income	1.8	1.3	0.9	0.5	0.5
Diluted EPS ($)	3.57	2.53	1.72	0.85	0.91
Diluted shares (M)	491	489	491	510	515

Operating CF$1B

CapEx$0B

Free cash flow$1B

SBC$0B

Buybacks$0B

Net cash change$-1B

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Balance Sheet — Full

$B	FY22	FY23	FY24	FY25
Cash & equivalents	4.8	4.4	4.4	3.6
ST investments	0.0	0.0	0.0	0.0
Receivables (net)	1.3	1.3	1.5	1.5
Total current assets	6.0	5.8	5.9	5.1
PP&E (net)	1.2	1.2	1.8	1.7
Goodwill + intangibles	10.9	10.9	11.0	10.4
Total assets	28.1	30.1	32.5	32.4
Accounts payable	1.1	0.9	1.4	1.7
Short-term debt	0.0	0.0	0.0	0.0
Deferred revenue	0.0	0.0	0.0	0.0
Total current liabilities	1.6	1.4	1.8	1.9
Long-term debt	8.8	11.3	12.1	12.3
Total liabilities	14.2	16.5	17.9	18.2
Shareholders' equity	13.8	13.6	14.6	14.2

Cash Flow Statement — Full

$B	FY22	FY23	FY24	FY25
Net income	1.3	1.0	0.6	0.5
D&A	0.4	0.4	0.5	0.5
Stock-based compensation	0.2	0.2	0.2	0.2
Working capital change	0.1	0.1	(0.1)	(0.2)
Operating cash flow	2.0	1.1	1.0	1.1
Capital expenditures	(0.1)	(0.1)	(0.2)	(0.2)
Investing cash flow	(3.3)	(3.6)	(2.4)	(2.3)
Buybacks	(0.2)	(0.3)	(0.3)	(0.2)
Dividends paid	(0.6)	(0.6)	(0.7)	(0.7)
Debt issuance / (repay)	2.1	2.1	2.2	0.8
Financing cash flow	1.6	2.1	1.4	0.5
Free cash flow	1.9	0.9	0.8	0.9

Balance Sheet Structure ($B)

Cash Generation vs Capex ($B)

Left: what the balance sheet is made of — the gap between the assets bar and the liabilities bar is book equity. Right: whether the capex bar is covered by the operating-cash bar; where it is not, the difference was funded externally and free cash flow goes negative.

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
PROFITABILITY
ROE	17.2%	11.4%	7.5%	3.8%	4.3%	7%
ROA	8.0%	4.9%	3.0%	1.5%	1.6%	2.5%
ROIC	11.3%	8.5%	4.4%	1.4%	1.9%	1.9%
Gross margin	83.0%	82.8%	80.9%	80.1%	80.3%	67.6%
Operating margin	22.3%	21.4%	14.0%	4.8%	6.9%	9.7%
Net margin	21.7%	15.6%	11.2%	5.5%	6.0%	9.6%
EBITDA margin	33.7%	26.7%	24.3%	16.2%	16.1%	18.7%
FCF margin	13.8%	22.6%	12.1%	9.4%	10.4%	—
VALUATION
P/E	6.50	6.95	12.21	21.07	22.71	20.7
P/B	1.06	0.78	0.90	0.78	0.99	1.4
P/S	1.41	1.08	1.37	1.16	1.36	1.69
P/FCF	10.21	4.81	11.36	12.33	13.08	70.5
EV/EBITDA	5.23	6.15	9.45	13.43	15.31	16.4
EV/Revenue	1.76	1.64	2.31	2.18	2.47	3.1
Earnings yield	15.4%	14.4%	8.2%	4.7%	4.4%	5.58%
FCF yield	9.8%	20.8%	8.8%	8.1%	7.6%	1.42%

Ratio	FY21	FY22	FY23	FY24	FY25	TTM
LEVERAGE & SOLVENCY
Current ratio	3.51	3.70	4.13	3.24	2.71	1.34
Quick ratio	3.51	3.70	4.13	3.24	2.71	1.34
Debt / equity	0.68	0.82	0.99	1.05	1.10	1.42
Debt / assets	31.4%	33.4%	39.0%	40.3%	41.1%	46.1%
Net debt / EBITDA	1.04	2.08	3.83	6.31	6.88	7.41
Interest coverage	29.62	18.61	11.91	9.47	9.29	—

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Ratio	FY21	FY22	FY23	FY24	FY25	TTM
EFFICIENCY
Asset turnover	0.37	0.32	0.27	0.27	0.27	0.26
Receivables turnover	6.33	6.15	6.01	6.00	5.81	6.0
DSO (days)	58	59	61	61	63	61
DPO (days)	267	275	243	248	327	77
Cash conversion cycle	-209	-216	-182	-187	-264	-15
GROWTH (YoY)
Revenue growth	53.5%	-1.8%	-5.1%	8.0%	3.5%	—
Net income growth	129.2%	-29.5%	-31.7%	-47.3%	12.9%	—
EPS growth	130.2%	-29.2%	-31.9%	-50.0%	13.1%	—
FCF growth	19.8%	60.1%	-49.1%	-16.3%	14.8%	—
PER SHARE ($)
EPS (diluted, TTM)	3.74	2.65	1.80	0.90	1.02	1.73
Book value / share	22.92	23.50	24.32	24.23	23.43	25.16
Revenue / share	17.21	16.95	16.02	16.42	17.02	18.10
FCF / share	2.38	3.82	1.94	1.54	1.77	0.43
Cash / share	9.49	9.80	8.98	8.54	6.93	7.30
SHAREHOLDER RETURN & SCORES
Buyback yield	1.7%	2.0%	2.4%	2.8%	2.0%	2.65%
Altman Z-Score	2.20	1.68	1.56	1.35	1.37	1.3
Piotroski F-Score	6	5	4	4	7	5/9
Beneish M-Score	-1.97	-2.61	-2.41	-2.45	-2.52	-2.14

Model	Score	Zone	Note
Piotroski F-Score	5 / 9	Middling
Altman Z-Score	1.3	Distress (<1.81)	Distress
Income quality	0.24	Accrual-heavy	OCF ÷ net income
Beneish M-Score	-2.14	Elevated	vs −2.22 threshold

DuPont Decomposition (TTM)	Value
Tax burden	0.59
Interest burden	1.09
Operating margin	15.0%
Asset turnover	0.27×
Financial leverage	2.88×
= ROE	7%

Growth Quality (live)	Value
Revenue stability	0.78
Earnings stability	0.46
Earnings persistence	0.50
Revenue CAGR 3y	6.1%
EPS CAGR 3y	1.2%
FCF CAGR 3y	-40.0%

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NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Buyback Yield2.65%

Dividend Yield4.26%

Total Shareholder Return6.16%cash yield

SBC / Revenue2.1%dilution pressure

Company	Mkt cap	P/E	ROE	Net margin	Rev growth	Piotroski	1-yr ret
CRBG	$15.3B	20.1	8%	0.1%	+229.2%	8/9	+13.2%
TPG	$16.3B	34.9	20%	5.1%	+65.6%	7/9	-21.9%
EQH	$14.5B	-16.3	-509%	-27.3%	-22.1%	6/9	+13.3%
PS	$17.8B	1112.0	-3%	-78.8%	—	3/9	+84.5%
OWL	$13.8B	74.4	4%	1.5%	+14.2%	5/9	—
ARCC	$13.4B	13.9	7%	22.3%	+9.2%	5/9	—
CG	$13.0B	35.9	6%	11.9%	-9.9%	1/9	—
SEIC	$12.5B	18.0	29%	30.3%	+11.3%	6/9	—

1-yr returns computed from adjusted price history; peers without a tracked series show —.

Hold

27 Analysts

Str Sell (0)Sell (5)Hold (16)Buy (6)Str Buy (0)

Mean Target (qtr)$36.254 targets

Target vs. Price+17.0%last-quarter mean

Next Report2026-11-06street $0.77

Consensus estimates	Revenue mean	High / Low	EPS mean	High / Low	# EPS est.
FY2026	$7.22B	$7.26B / $7.16B	$2.90	$2.96 / $2.86	6
FY2027	$7.72B	$7.90B / $7.47B	$3.16	$3.34 / $3.02	7
FY2028	$8.34B	$8.61B / $8.06B	$3.58	$3.81 / $3.34	1

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Street Price Target — Trajectory

Window	Avg Target	vs. Price	# Targets
Last Month	$37.50	+21.0%	2
Last Quarter	$36.25	+17.0%	4
Last Year	$30.94	-0.1%	17
All Time	$28.36	-8.5%	36

Rolling mean of published targets vs. last close $30.98. Aggregated from StreetInsider, Benzinga, Pulse 2.0.

Third-Party Composite Rating

B

DCF

3/5

ROE

3/5

ROA

4/5

Debt/Eq

2/5

P/E

2/5

P/B

2/5

Independent quant composite as of 2026-10-16; components scored 1–5 (5 best). Shown for contrast with the InsiderStreet Score — methodologies differ.

BEN +40.0% vs S&P 500 +15.9% — spread +24.2pp

Sector — XLF +7.2%

Peer Set — indexed to 100

All series indexed to 100 at the start of the window, adjusted closes.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Candlesticks with SMA 20/50 overlay, Bollinger (20,2σ) band, volume, and Wilder RSI(14) — computed from live daily OHLCV.

Moving Average	Value	Distance	% Distance	Signal
SMA 20	$32.18	-1.20	-3.73%	Below
SMA 50	$33.19	-2.21	-6.66%	Below
SMA 200	$29.87	+1.11	+3.72%	Above
EMA 9	$31.55	-0.57	-1.81%	Below
EMA 21	$32.13	-1.15	-3.58%	Below
EMA 50	$32.66	-1.68	-5.14%	Below
EMA 200	$30.24	+0.74	+2.45%	Above

Series and readings from the nightly technical-indicator history — identical data to the site's ribbon chart. Supertrend segments colored by direction.

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

TECHNICAL VERDICTBEARISHPower Score -585 of 22 indicator votes bullish

Family Scores (site weights)

Trend 30%20

Momentum 25%18

Volume 20%25

Volatility 10%0

Patterns 15%38

This Week18% bullishof 11 price-based votes

4 Weeks Ago18%+0 pts since

12 Weeks Ago18%+0 pts since

ReadStabilizingweek-over-week trajectory

Price vs SMA 20$32.18

Price vs SMA 50$33.19

Price vs SMA 200$29.87

EMA 9/21 Cross31.6/32.1

SMA 50/200Golden

ADX DirectionADX 31

Supertrend$33

Parabolic SAR$33

SMA Slope-0.090

RSI36.2

Stochastic K/D27/21

StochRSI K/D33/17

Williams %R-73

CCI-133

TSI vs Signal-23.6

CMO-27.6

ROC-5.67%

OBV SignalDistrib

Chaikin MF0.020

MFI34

Force Index-1M

Elder Ray Bull-0.34

RSI (14)30 oversold · 70 overbought

Stochastic %Kvs %D 21

Money Flowvolume-weighted RSI

ADXtrend strength · <20 weak

Williams %Rinverted scale

Level	Value	Level	Value
Pivot / R1 / R2	$30.95 / $31.81 / $32.24	S1 / S2	$30.52 / $29.66
Bollinger (20,2)	$30.82 – $33.54	Squeeze	Off
52-wk range	$21.11 – $36.28	Off 52-wk high	-14.7%
ATR (14)	$0.85 (2.7%)	Historical vol	21.2%

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

-0.7%Jan40%

-1.1%Feb50%

+0.9%Mar62%

-0.1%Apr50%

+0.8%May65%

-0.5%Jun45%

+3.6%Jul60%

-1.6%Aug45%

-1.6%Sep40%

+1.1%Oct65%

+2.9%Nov60%

+1.1%Dec50%

Sample: 20 years — treat short histories as suggestive, not statistical.

Computed from live weekly prices	BEN	S&P 500
Weekly volatility (σ, 1y)	3.93%	1.83%
Best / worst week (1y)	+10.0% / -11.7%	—
Max drawdown (5y, monthly)	-44.0%	—
1-week VaR (95%)	-5.3%	—
Beta (5y)	1.57	1.00

BEN EQUITY WEATHER (LIVE)STORMY · -41

Trend-32

Momentum-42

Volume-48

Volatility-60

Breadth-23

MARKET REGIME (2026-10-16)NEUTRAL

VIX19.99Normal

Dow TheoryConfirmed Bearish

SPY / QQQ TSI7.2 / 4.7trend strength

Sector Strength46/100breadth average

Average sentiment of 176 stories, weekly buckets, −1 to +1.

This space intentionally left blank — the next section begins on the following page

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Overall-40.9-23.9 vs industry

Trend-31.8-22.0 vs industry

Momentum-42.1-35.1 vs industry

Volume-48.1-48.1 vs industry

Reading	BEN	Asset Management n=10,831	Financial Services n=24,134	All US symbols n=70,435
Overall	-40.9	-17.0	-16.3	-20.5
Trend	-31.8	-9.8	-12.5	-21.3
Momentum	-42.1	-7.0	-4.4	-15.8
Volume	-48.1	+0.0	+0.0	-3.8

Trend, momentum and volume are computed per company. Volatility and breadth are market-regime values shared by every symbol in the universe, so they are reported once under Market Regime rather than compared here - a company cannot differ from its sector on a constant.

Executive	Total comp	Structure
Jennifer M. Johnson Chief Executive Officer	$16.8M	94% equity+incentive
Terrence J. Murphy Co-President and Head of	$13.6M	96% equity+incentive
Matthew Nicholls Co-President, Chief Financi	$9.8M	93% equity+incentive
Adam B. Spector Former Executive Vice Presid	$5.4M	89% equity+incentive
Gregory E. Johnson Executive Chairman and Ch	$3.4M	72% equity+incentive

Pillar (live disclosure scores)	Score
Environmental	61
Social	57
Governance	63
Composite ESG	60

Composite ESG Trend

Filed	8-K contents	Items
2026-08-10	Financial Obligation; Other Events; Exhibits	2.03,8.01,9.01
2026-07-31	Earnings Release; Bylaws Amendment; Regulation FD; Exhibits	2.02,5.03,7.01,9.01
2026-07-30	Material Agreement; Termination of Agreement; Financial Obligation; Ex	1.01,1.02,2.03,9.01
2026-07-23	Officer/Director Change; Exhibits	5.02,9.01
2026-06-05	Other Events; Exhibits	8.01,9.01
2026-04-28	Earnings Release; Regulation FD; Exhibits	2.02,7.01,9.01
2026-02-05	Departure/Election of Directors; Appointment of Officers; Submission o	5.02,5.07
2026-01-30	Results of Operations and Financial Condition; Regulation FD Disclosur	2.02,7.01,9.01

NOT INVESTMENT ADVICE — FOR INFORMATIONAL PURPOSES ONLY

Methodology. Every figure originates in InsiderStreet's production data layer and is computed deterministically by the same engines that power insiderstreet.ai. This factsheet contains no model-written text. Sections without underlying data are omitted rather than estimated.

DISCLOSURES. This document is produced by InsiderStreet.ai from live production data. It is not investment advice, not an offer or solicitation to buy or sell any security, and not a recommendation tailored to any person. Data is sourced as of the dates shown and may no longer be current. InsiderStreet.ai is not a registered investment adviser or broker-dealer. Investing involves risk, including loss of principal. Past performance does not guarantee future results. Do not make any investment decision based on this document. © 2026 InsiderStreet.ai — all rights reserved. Redistribution prohibited.

Data domain	Source	Coverage for this report
Price & volume	market_db.historical_prices	52 rows
Fundamentals	income_statements_annual	6 rows · 2020 to 2025
Reported vs consensus	fact/earnings_calendar	24 rows · 2020-10-27 to 2026-07-31
Analyst estimates	dim/forward_estimates	3 rows · 2026-09-30 to 2028-09-30
Institutional ownership (13F)	holdings_db.institutional_ownership_summary	114 rows · 1998 to 2026
Insider transactions (Form 4)	edgar/form4	12 rows · 2026-10-13
Proposed sales (Form 144)	edgar/form144	1 record
Beneficial ownership (13D/G)	edgar/13dg	3 rows · 2026-03-26 to 2026-08-13
Short-sale volume (FINRA)	edgar/short_volume_daily	60 rows · 2026-07-23 to 2026-10-15
Dark pool (ATS, tier 1)	edgar/darkpool_weekly	12 rows · 2026-06-15 to 2026-08-31
ETF & fund holding	etf_holdings_changelog (30d)	1 record
Peer set	stock_peers_dynamic	8 rows
Industry medians	industry_medians	1 record
Congressional trades	congress_db (House + Senate)	1 record
ESG	fact/esg_disclosures	1 record

Method. Every figure in this factsheet is looked up from a named field computed in code. It contains no model-written text.

Not covered. Short interest as a percent of float and days-to-cover are not in this data set — the short-sale figures above are FINRA volume, a flow, and cannot support squeeze or covering analysis. Options positioning and intraday data are also absent. 13F ownership is filed 45 days after quarter end and congressional trades are disclosed on a lag, so both describe a past position, not a current one.

Franklin Resources, Inc. (BEN)

Score Breakdown

Peer Comparison — IS Score

IS Score Trend — quarterly

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Institutions holding — 12 quarters

Franklin Resources, Inc. (BEN)

Monthly Net Insider Flow (000 shares)

Signal Summary

Franklin Resources, Inc. (BEN)

2.8 · Largest Reporting 13F Managers

2.9 · Top ETF & Fund Ownership

13F Filers Holding BEN — quarterly

Institutional Put/Call — quarterly

Where BEN Trades in the Dark

Franklin Resources, Inc. (BEN)

3.8 · Employees (SEC filings)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Balance Sheet — Full

Cash Flow Statement — Full

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Street Price Target — Trajectory

Third-Party Composite Rating

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Family Scores (site weights)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)

Franklin Resources, Inc. (BEN)