SCHEDULE: Royce & Associates LP Discloses Stake in Franklin Covey

Royce & Associates LP has filed an amended Schedule 13G, reporting beneficial ownership of 7.82% of Franklin Covey Co. common stock as of June 30, 2026.

Summary

• Royce & Associates LP (RALP) has filed an amended Schedule 13G, indicating their beneficial ownership of Franklin Covey Co. common stock.
• As of June 30, 2026, RALP beneficially owns 881,362 shares, representing 7.82% of the class of securities.
• RALP has sole voting power and sole dispositive power over these shares.
• The filing clarifies that these shares are held on behalf of investment management clients and RALP disclaims any pecuniary interest.
• RALP operates independently from its parent holding company, Franklin Resources, Inc. (FRI), and its affiliates, with informational barriers in place.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it is a routine disclosure of beneficial ownership and does not provide new operational or financial information about the company.

Positives

• Royce & Associates LP, a significant investment manager, has disclosed a substantial stake in Franklin Covey Co., suggesting confidence in the company's prospects.
• The filing confirms sole voting and dispositive power, indicating clear control over the investment decisions for these shares.
• The clear separation and informational barriers between RALP and its parent/affiliates suggest robust corporate governance practices within the investment management structure.

Negatives

• The filing is a routine disclosure for significant beneficial ownership and does not inherently contain negative financial or operational information about Franklin Covey Co. itself.

Risks

• The filing does not explicitly mention any risks related to Franklin Covey Co.'s operations or business.
• Potential risks for RALP could include market volatility affecting the value of its managed portfolio, but this is not detailed in the filing.

Future Outlook

This filing is a disclosure of beneficial ownership and does not contain forward-looking statements or guidance regarding Franklin Covey Co.'s future performance.

Management Comments

• RALP reports that it has sole voting power and sole dispositive power over the reported securities.
• RALP disclaims any pecuniary interest in the securities reported.
• RALP certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Industry Context

StockSavvy.ai notes that significant institutional ownership, as disclosed by Royce & Associates LP, often signals investor confidence and can influence market perception of Franklin Covey Co.

Corporate Governance

Related Party Transactions

• The filing details the relationship between Royce & Associates LP (RALP), Franklin Resources, Inc. (FRI), and FRI's principal shareholders, Charles B. Johnson and Rupert H. Johnson, Jr., noting that RALP exercises voting and investment powers independently from FRI affiliates.

Stakeholder Impact

• Shareholders: The disclosure of significant institutional ownership by Royce & Associates LP may be viewed positively, potentially indicating confidence in the company's future.
• Investment Community: Provides transparency regarding major beneficial owners, aiding in market analysis.
• Regulators: Fulfills reporting requirements under the Securities Exchange Act of 1934.

Next Steps

• Royce & Associates LP will continue to manage the investment portfolio on behalf of its clients.
• Franklin Covey Co. will continue its business operations as usual.

Key Dates

Keywords

Franklin Covey Co., Royce & Associates LP, Schedule 13G, Beneficial Ownership, Investment Management, Common Stock, Securities Exchange Act