Connor Clark & Lunn Investment Management Ltd. Makes New Investment in Franco-Nevada Corporation $FNV

Posted by Brenda Bartman on Aug 24th, 2026

Connor Clark & Lunn Investment Management Ltd. bought a new position in Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) in the 2nd quarter, according to its most recent disclosure with the SEC. The firm bought 632,473 shares of the basic materials company’s stock, valued at approximately $131,839,000.

A number of other large investors have also recently modified their holdings of the stock. Transamerica Financial Advisors LLC bought a new position in Franco-Nevada in the fourth quarter worth about $25,000. Ascentis Independent Advisors purchased a new stake in Franco-Nevada in the first quarter worth about $39,000. Navalign LLC bought a new stake in Franco-Nevada during the 4th quarter valued at approximately $34,000. Global Retirement Partners LLC bought a new stake in Franco-Nevada during the 2nd quarter valued at approximately $35,000. Finally, Dunhill Financial LLC purchased a new position in shares of Franco-Nevada during the 2nd quarter worth approximately $36,000. Institutional investors own 77.06% of the company’s stock.

Franco-Nevada Stock Performance

Shares of FNV opened at $265.78 on Monday. Franco-Nevada Corporation has a fifty-two week low of $180.32 and a fifty-two week high of $285.67. The firm’s 50-day simple moving average is $219.57 and its two-hundred day simple moving average is $235.06. The stock has a market cap of $51.26 billion, a PE ratio of 34.74, a price-to-earnings-growth ratio of 2.42 and a beta of 0.35.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last released its earnings results on Tuesday, August 11th. The basic materials company reported $1.81 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.95 by ($0.14). Franco-Nevada had a net margin of 63.79% and a return on equity of 18.58%. The business had revenue of $580.90 million for the quarter, compared to analysts’ expectations of $616.66 million. During the same quarter in the previous year, the business posted $1.24 earnings per share. Franco-Nevada’s revenue for the quarter was up 57.3% on a year-over-year basis. Equities research analysts predict that Franco-Nevada Corporation will post 7.62 EPS for the current year.

Franco-Nevada Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 10th will be given a dividend of $0.44 per share. This represents a $1.76 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 10th. Franco-Nevada’s dividend payout ratio (DPR) is 23.01%.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on FNV shares. Royal Bank Of Canada lowered their target price on Franco-Nevada from $295.00 to $285.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Weiss Ratings cut Franco-Nevada from a “buy (b)” rating to a “buy (b-)” rating in a research note on Monday, June 8th. Scotiabank decreased their price objective on Franco-Nevada from $290.00 to $274.00 and set a “sector perform” rating for the company in a report on Tuesday, July 14th. Jefferies Financial Group lowered their price objective on Franco-Nevada from $258.00 to $245.00 and set a “hold” rating for the company in a research report on Monday, July 6th. Finally, TD Securities raised Franco-Nevada from a “hold” rating to a “buy” rating and set a $291.00 price objective for the company in a research report on Wednesday, May 20th. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Franco-Nevada presently has a consensus rating of “Moderate Buy” and a consensus target price of $273.40.

View Our Latest Research Report on Franco-Nevada

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.