Main Street Capital Reports Record Gains Amid Challenges in Lower Middle Market Investments and Asset Management

Wednesday, Aug 13, 2025 7:00 pm ET1min read

Main Street Capital reported record NAV per share and significant realized gains, leading to supplemental dividends. The company's lower middle market investments and asset management business performed well, while private loan investments faced challenges. The largest realized gain in history was achieved from the partial exit of investments in Heritage Vet Partners.

Mitsubishi UFJ Asset Management Co. Ltd. has significantly bolstered its investment in Franklin Resources, Inc. (NYSE:BEN). The Japanese asset management company recently purchased an additional 84,049 shares, bringing its total holdings to 799,005 shares, valued at approximately $15.4 million [1].

This move follows Franklin Resources' quarterly earnings report, where the company reported an earnings per share (EPS) of $0.49, surpassing analysts' expectations. However, the company's revenue decreased by 2.2% compared to the same period last year [1].

Other institutional investors have also shown interest in Franklin Resources. Principal Financial Group Inc. increased its position by 22.5%, owning 464,238 shares worth $8,937,000, while Mirae Asset Global Investments Co. Ltd. grew its stake by 5.9%, owning 81,576 shares valued at $1,573,000 [1].

Analysts have issued mixed ratings for Franklin Resources. Cowen and TD Cowen have given the stock a "buy" rating, while Barclays and Evercore ISI have assigned an "underweight" rating. Morgan Stanley has raised its price objective to $19.00, while TD Cowen has set a $27.00 target price [1].

Franklin Resources stock has seen a 1.2% increase in trading, opening at $25.29. The stock has a market capitalization of $13.13 billion and a price-to-earnings ratio of 49.58. The company's dividend payout ratio is 250.98%, with a quarterly dividend of $0.32 per share [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-mitsubishi-ufj-asset-management-co-ltd-purchases-84049-shares-of-franklin-resources-inc-nyseben-2025-08-12/

Main Street Capital Reports Record Gains Amid Challenges in Lower Middle Market Investments and Asset Management

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