Franco-Nevada Corporation $FNV Shares Bought by Jupiter Asset Management Ltd.

Posted by Brenda Bartman on May 30th, 2026

Jupiter Asset Management Ltd. increased its position in Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) by 96.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,266 shares of the basic materials company’s stock after buying an additional 17,352 shares during the period. Jupiter Asset Management Ltd.’s holdings in Franco-Nevada were worth $7,320,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in FNV. AQR Capital Management LLC acquired a new position in Franco-Nevada in the first quarter valued at $241,000. NewEdge Advisors LLC increased its position in Franco-Nevada by 16.7% during the first quarter. NewEdge Advisors LLC now owns 6,585 shares of the basic materials company’s stock worth $1,038,000 after purchasing an additional 943 shares during the last quarter. Intech Investment Management LLC increased its position in Franco-Nevada by 118.3% during the first quarter. Intech Investment Management LLC now owns 9,286 shares of the basic materials company’s stock worth $1,460,000 after purchasing an additional 5,032 shares during the last quarter. Acadian Asset Management LLC increased its position in Franco-Nevada by 800.0% during the first quarter. Acadian Asset Management LLC now owns 2,700 shares of the basic materials company’s stock worth $424,000 after purchasing an additional 2,400 shares during the last quarter. Finally, Marshall Wace LLP acquired a new position in Franco-Nevada during the second quarter worth approximately $1,477,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Scotiabank upped their price target on Franco-Nevada from $286.00 to $290.00 and gave the stock a “sector perform” rating in a research note on Thursday, May 14th. Zacks Research lowered Franco-Nevada from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, March 31st. TD Securities upgraded Franco-Nevada from a “hold” rating to a “buy” rating and set a $291.00 price target for the company in a research note on Wednesday, May 20th. Canaccord Genuity Group upgraded Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Wednesday, April 29th. Finally, HC Wainwright restated a “buy” rating and set a $305.00 price target on shares of Franco-Nevada in a research note on Wednesday, May 13th. Eleven equities research analysts have rated the stock with a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, Franco-Nevada presently has a consensus rating of “Moderate Buy” and a consensus price target of $271.00.

View Our Latest Analysis on FNV

Franco-Nevada Stock Performance

FNV stock opened at $230.82 on Friday. Franco-Nevada Corporation has a 1 year low of $152.89 and a 1 year high of $285.67. The firm has a market cap of $44.52 billion, a P/E ratio of 32.51, a price-to-earnings-growth ratio of 1.96 and a beta of 0.34. The stock has a 50-day simple moving average of $239.70 and a 200-day simple moving average of $234.11.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last posted its earnings results on Tuesday, May 12th. The basic materials company reported $2.38 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.09 by $0.29. Franco-Nevada had a return on equity of 18.10% and a net margin of 65.12%.The business had revenue of $650.70 million during the quarter, compared to analyst estimates of $634.43 million. During the same quarter last year, the firm earned $1.07 earnings per share. The company’s revenue for the quarter was up 76.6% compared to the same quarter last year. On average, equities research analysts predict that Franco-Nevada Corporation will post 8.85 EPS for the current year.

Franco-Nevada Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 11th will be issued a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, June 11th. Franco-Nevada’s dividend payout ratio (DPR) is presently 24.79%.

Franco-Nevada Company Profile

(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.