Parvin Asset Management LLC Purchases New Shares in Franco-Nevada Corporation $FNV

Posted by Francis Steltz on Aug 27th, 2026

Parvin Asset Management LLC acquired a new position in shares of Franco-Nevada Corporation (NYSE:FNV – Free Report) (TSE:FNV) during the 2nd quarter, Holdings Channel.com reports. The fund acquired 6,695 shares of the basic materials company’s stock, valued at approximately $1,396,000. Franco-Nevada accounts for about 1.1% of Parvin Asset Management LLC’s investment portfolio, making the stock its 20th largest position.

A number of other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC acquired a new stake in shares of Franco-Nevada during the first quarter worth about $241,000. NewEdge Advisors LLC raised its stake in Franco-Nevada by 16.7% during the 1st quarter. NewEdge Advisors LLC now owns 6,585 shares of the basic materials company’s stock valued at $1,038,000 after acquiring an additional 943 shares during the last quarter. Intech Investment Management LLC raised its stake 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 valued at $1,460,000 after acquiring an additional 5,032 shares during the last quarter. Acadian Asset Management LLC lifted its position 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 acquiring an additional 2,400 shares during the period. Finally, Marshall Wace LLP acquired a new stake in Franco-Nevada during the 2nd quarter worth approximately $1,477,000. 77.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages recently weighed in on FNV. Royal Bank Of Canada decreased their price target on Franco-Nevada from $295.00 to $285.00 and set an “outperform” rating for the company in a report on Thursday, July 9th. Jefferies Financial Group lowered their target price on shares of Franco-Nevada from $258.00 to $245.00 and set a “hold” rating on the stock in a report on Monday, July 6th. Wall Street Zen cut shares of Franco-Nevada from a “buy” rating to a “hold” rating in a report on Monday, June 1st. TD Cowen upgraded Franco-Nevada from a “hold” rating to a “buy” rating and dropped their target price for the stock from $292.00 to $291.00 in a research report on Wednesday, May 20th. Finally, HC Wainwright reissued a “buy” rating and set a $305.00 target price 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 company. Based on data from MarketBeat, Franco-Nevada currently has an average rating of “Moderate Buy” and an average target price of $273.40.

View Our Latest Report on FNV

Franco-Nevada Price Performance

FNV opened at $267.28 on Thursday. Franco-Nevada Corporation has a 1-year low of $181.50 and a 1-year high of $285.67. The stock has a market cap of $51.55 billion, a P/E ratio of 34.94, a P/E/G ratio of 2.51 and a beta of 0.35. The stock’s 50 day simple moving average is $222.16 and its 200 day simple moving average is $235.82.

Franco-Nevada (NYSE:FNV – Get Free Report) (TSE:FNV) last issued its quarterly earnings data 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). The firm had revenue of $580.90 million for the quarter, compared to analyst estimates of $616.66 million. Franco-Nevada had a return on equity of 18.58% and a net margin of 63.79%.The business’s revenue for the quarter was up 57.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.24 earnings per share. Research analysts expect that Franco-Nevada Corporation will post 7.54 EPS for the current fiscal year.

Franco-Nevada Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 10th will be issued a $0.44 dividend. This represents a $1.76 annualized dividend and a dividend yield of 0.7%. The ex-dividend date of this dividend is Thursday, September 10th. Franco-Nevada’s dividend payout ratio is 23.01%.

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.