Franco-Nevada Corporation $FNV Holdings Raised by First Eagle Investment Management LLC

Posted by Stanley Muller on May 12th, 2026

First Eagle Investment Management LLC boosted its stake in Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) by 26.5% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,123,444 shares of the basic materials company’s stock after buying an additional 1,074,257 shares during the quarter. Franco-Nevada makes up about 1.9% of First Eagle Investment Management LLC’s holdings, making the stock its 19th biggest position. First Eagle Investment Management LLC’s holdings in Franco-Nevada were worth $1,062,037,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in FNV. GAMMA Investing LLC raised its holdings in shares of Franco-Nevada by 112.3% during the 4th quarter. GAMMA Investing LLC now owns 121 shares of the basic materials company’s stock valued at $25,000 after purchasing an additional 64 shares in the last quarter. Burkett Financial Services LLC bought a new position in shares of Franco-Nevada during the 3rd quarter valued at $28,000. Private Trust Co. NA bought a new position in shares of Franco-Nevada during the 4th quarter valued at $29,000. Smartleaf Asset Management LLC raised its holdings in shares of Franco-Nevada by 600.0% during the 2nd quarter. Smartleaf Asset Management LLC now owns 196 shares of the basic materials company’s stock valued at $32,000 after purchasing an additional 168 shares in the last quarter. Finally, Stephens Consulting LLC bought a new position in shares of Franco-Nevada during the 4th quarter valued at $36,000. Hedge funds and other institutional investors own 77.06% of the company’s stock.

Franco-Nevada Trading Up 2.3%

NYSE:FNV opened at $237.34 on Tuesday. Franco-Nevada Corporation has a 1 year low of $152.89 and a 1 year high of $285.67. The firm’s fifty day simple moving average is $248.77 and its 200 day simple moving average is $230.43. The firm has a market capitalization of $45.77 billion, a PE ratio of 41.20, a PEG ratio of 2.24 and a beta of 0.34.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its earnings results on Tuesday, March 10th. The basic materials company reported $1.85 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.67 by $0.18. Franco-Nevada had a net margin of 61.01% and a return on equity of 15.62%. The business had revenue of $597.30 million for the quarter, compared to analyst estimates of $542.02 million. During the same period last year, the business posted $0.95 EPS. Franco-Nevada’s revenue was up 86.1% compared to the same quarter last year. As a group, analysts anticipate that Franco-Nevada Corporation will post 7.89 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on FNV. Canadian Imperial Bank of Commerce restated an “outperform” rating on shares of Franco-Nevada in a report on Wednesday, February 4th. Scotiabank raised their price target on shares of Franco-Nevada from $283.00 to $286.00 and gave the company a “sector perform” rating in a report on Monday, March 16th. Canaccord Genuity Group upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating in a report on Wednesday, April 29th. UBS Group restated a “buy” rating and set a $310.00 price target on shares of Franco-Nevada in a report on Friday, January 30th. Finally, Weiss Ratings upgraded shares of Franco-Nevada from a “hold (c+)” rating to a “buy (b)” rating in a report on Friday, March 20th. Eight investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $257.25.

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About Franco-Nevada

(Free Report)

Franco-Nevada Corporation is a Toronto-based royalty and streaming company that specializes in securing and managing long-term interests in mining properties. The firm focuses primarily on precious metals, particularly gold, while also holding interests related to silver, copper, platinum-group metals and select base metals. Rather than operating mines directly, Franco-Nevada acquires royalty and streaming agreements that entitle it to a percentage of production or revenue from producing and developing assets in exchange for upfront or staged financing.

The company’s business model centers on providing capital to mining companies in return for a sustained share of production or metal revenue, which can reduce exposure to operating and capital cost risks typical of mine operators.