Gabelli Funds LLC Has $32.56 Million Stock Holdings in Franco-Nevada Corporation $FNV

Posted by on Jul 25th, 2026

Gabelli Funds LLC trimmed its position in Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) by 9.9% during the first quarter, Holdings Channel reports. The institutional investor owned 131,856 shares of the basic materials company’s stock after selling 14,414 shares during the quarter. Gabelli Funds LLC’s holdings in Franco-Nevada were worth $32,563,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. AQR Capital Management LLC bought a new position in Franco-Nevada in the first quarter valued at about $241,000. NewEdge Advisors LLC increased its position in Franco-Nevada by 16.7% in 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 period. Intech Investment Management LLC raised its holdings in Franco-Nevada by 118.3% during the 1st 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 raised its holdings in Franco-Nevada by 800.0% during the 1st 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 2nd quarter valued at about $1,477,000. 77.06% of the stock is owned by institutional investors and hedge funds.

Franco-Nevada Trading Up 0.4%

Shares of FNV opened at $215.06 on Friday. The stock has a market cap of $41.48 billion, a P/E ratio of 30.29, a price-to-earnings-growth ratio of 1.81 and a beta of 0.36. Franco-Nevada Corporation has a 1 year low of $157.18 and a 1 year high of $285.67. The stock’s 50-day moving average price is $216.08 and its two-hundred day moving average price is $236.49.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last announced its quarterly earnings results on Tuesday, May 12th. The basic materials company reported $2.38 EPS for the quarter, beating analysts’ consensus estimates of $2.09 by $0.29. The company had revenue of $650.70 million during the quarter, compared to analysts’ expectations of $634.43 million. Franco-Nevada had a return on equity of 18.10% and a net margin of 65.12%.Franco-Nevada’s revenue was up 76.6% on a year-over-year basis. During the same period in the prior year, the business posted $1.07 EPS. As a group, equities analysts forecast that Franco-Nevada Corporation will post 8.23 EPS for the current year.

Franco-Nevada Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 11th were issued a dividend of $0.44 per share. The ex-dividend date was Thursday, June 11th. This represents a $1.76 dividend on an annualized basis and a yield of 0.8%. Franco-Nevada’s payout ratio is currently 24.79%.

Analyst Upgrades and Downgrades

FNV has been the topic of several recent research reports. Scotiabank reduced their target price on shares of Franco-Nevada from $290.00 to $274.00 and set a “sector perform” rating on the stock in a research note on Tuesday, July 14th. Canaccord Genuity Group raised shares of Franco-Nevada from a “hold” rating to a “buy” rating in a research note on Wednesday, April 29th. Zacks Research lowered shares of Franco-Nevada from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Weiss Ratings cut shares of Franco-Nevada from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Finally, TD Securities upgraded shares of Franco-Nevada from a “hold” rating to a “buy” rating and set a $291.00 target price for the company in a research report on Wednesday, May 20th. Eleven research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Franco-Nevada has an average rating of “Moderate Buy” and a consensus target price of $273.40.

Check Out Our Latest Research Report on Franco-Nevada

Franco-Nevada 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.

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Institutional Ownership by Quarter for Franco-Nevada (NYSE:FNV)

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