SCHEDULE: Franklin Resources Adjusts Oil States International Stake

Franklin Resources, Inc. has amended its Schedule 13G filing to reflect its beneficial ownership of Oil States International, Inc. common stock.

Summary

• Franklin Resources, Inc. (and its subsidiaries) has filed an amendment to its Schedule 13G, indicating a change in its beneficial ownership of Oil States International, Inc. common stock.
• As of June 30, 2026, Franklin Resources, Inc. reported beneficial ownership of 533,744 shares, representing 0.9% of the class.
• This filing is an amendment to a previous filing, with the event date triggering this amendment being June 30, 2026.
• The filing details the ownership structure, with specific subsidiaries like Brandywine Global Investment Management, LLC, Franklin Advisers, Inc., and The Putnam Advisory Company, LLC holding shares.
• Charles B. Johnson and Rupert H. Johnson, Jr., principal shareholders of Franklin Resources, Inc., are also noted in relation to the filing, though they individually report zero shares beneficially owned.
• The filing clarifies that the reported securities are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It's a routine disclosure of passive ownership by an institutional investor, providing transparency without indicating significant positive or negative developments for the company.

Positives

• Franklin Resources, Inc. maintains a beneficial ownership stake in Oil States International, Inc., indicating continued investment interest.
• The filing provides transparency regarding the ownership of Oil States International, Inc. by a significant investment management firm.

Negatives

• The filing indicates a relatively small ownership percentage (0.9%) of Oil States International, Inc. by Franklin Resources, Inc., suggesting a non-controlling stake.

Risks

• The filing does not explicitly mention any risks or challenges related to the ownership or the company's operations.

Future Outlook

The filing does not contain specific forward-looking statements or guidance regarding future performance or intentions beyond the current ownership disclosure.

Management Comments

• "The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11."
• "FRI, the Principal Shareholders, and each of the Investment Management Subsidiaries believe that they are not a 'group' within the meaning of Rule 13d-5 under the Act and that they are not otherwise required to attribute to each other the beneficial ownership of the securities held by any of them or by any persons or entities for whom or for which the Investment Management Subsidiaries provide investment management services."
• "FRI, the Principal Shareholders and each of the Investment Management Subsidiaries disclaim any pecuniary interest in any of such securities."

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by Franklin Resources, Inc. is a routine disclosure for institutional investors. The 0.9% ownership stake in Oil States International, Inc. is typical for a large asset manager that may hold positions across a broad range of companies without seeking control.

Stakeholder Impact

• Shareholders of Oil States International, Inc.: The filing provides transparency on a significant institutional investor's holdings, which can be a factor in market perception.
• Franklin Resources, Inc. clients: The management of these investments is part of the services provided to clients, with the disclaimer of pecuniary interest indicating that the ultimate beneficial ownership is not with the reporting entities themselves but with their clients.

Next Steps

• Franklin Resources, Inc. will continue to manage its investment in Oil States International, Inc. according to its investment strategies.
• Oil States International, Inc. will continue its business operations as disclosed in its other filings.

Key Dates

Keywords

Oil States International, Franklin Resources, Schedule 13G, Beneficial Ownership, Investment Management, Common Stock, SEC Filing, Shareholder