Franco-Nevada Corporation: A Gold-Focused Royalty and Streaming Company with Diverse Portfolio of Assets Across the Globe.

Franco-Nevada Corporation is a gold-focused royalty and streaming company with a portfolio of assets in various stages of development located globally. Its segments include Mining and Energy, with assets such as Candelaria, Tocantinzinho, Antapaccay, Cerro Moro, and Cascabel. The company is focused on precious metals, including gold, silver, and platinum group metals.

Franco-Nevada Corporation (NYSE: FNV), a gold-focused royalty and streaming company, has seen a significant increase in institutional investment and positive analyst ratings in recent quarters. The company's diverse portfolio, which includes assets like Candelaria, Tocantinzinho, Antapaccay, Cerro Moro, and Cascabel, continues to attract interest from various investment groups.

Institutional Investment

CWA Asset Management Group LLC increased its position in Franco-Nevada shares by 8.8% in the first quarter of 2025, purchasing an additional 13,051 shares [1]. This move brought the fund's total holdings to 161,719 shares, making Franco-Nevada its 12th biggest holding. The company accounts for approximately 0.08% of CWA's investment portfolio, valued at $25,480,000.

Several other hedge funds and institutional investors have also bolstered their positions in Franco-Nevada. Capital World Investors grew its holdings by 9.8% in the fourth quarter, owning 7,948,917 shares valued at $934,106,000. Vanguard Group Inc. increased its stake by 1.7% during the same period, now owning 7,799,415 shares worth $916,540,000. Bank of Montreal Can raised its position by 0.3%, holding 5,300,880 shares valued at $622,124,000. EdgePoint Investment Group Inc. increased its holdings by 49.9%, owning 4,959,851 shares valued at $582,100,000. Price T Rowe Associates Inc. MD grew its holdings by 10.3%, owning 4,286,661 shares valued at $504,069,000 [1].

Autumn Glory Partners LLC also entered the picture, purchasing a new position in Franco-Nevada shares during the first quarter of 2025, valued at approximately $315,000 [2]. Other institutional investors, such as CX Institutional, Nexus Investment Management ULC, Versant Capital Management Inc., Physician Wealth Advisors Inc., and Harbour Investments Inc., have also made notable investments in Franco-Nevada [2].

Analyst Ratings

Analysts have shown a positive outlook towards Franco-Nevada. Raymond James Financial set a $186.00 price target and gave the stock an "outperform" rating. Wall Street Zen upgraded Franco-Nevada from a "hold" to a "buy" rating. UBS Group boosted their target price from $170.00 to $190.00 and gave the company a "buy" rating. TD Securities lowered their rating from "buy" to "hold" but maintained a target price of $152.00. BMO Capital Markets reaffirmed an "outperform" rating [1].

The consensus rating among analysts is "Moderate Buy" with an average target price of $169.63 [1].

Financial Performance

Franco-Nevada Corporation reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.00 by $0.07. The company's revenue for the quarter was $368.40 million, up 43.5% year-over-year. The business had a net margin of 50.39% and a return on equity of 11.40% [1].

Dividend Announcement

The company recently declared a quarterly dividend of $0.38 per share, payable on Thursday, June 26th. This represents an annualized dividend of $1.52 and a dividend yield of 0.90% [1].

References:

[1] https://www.marketbeat.com/instant-alerts/filing-franco-nevada-corporation-nysefnv-shares-acquired-by-cwa-asset-management-group-llc-2025-06-18/
[2] https://www.marketbeat.com/instant-alerts/filing-autumn-glory-partners-llc-invests-315000-in-franco-nevada-corporation-nysefnv-2025-06-19/