FNV Franco-Nevada Corporation

Marathon Asset Management Ltd reduced its stake in Franco-Nevada Corporation by 5.6%, selling 18,197 shares and now holding 306,723 shares valued at approximately $68.29 million. Franco-Nevada reported strong Q3 earnings, beating expectations with $1.43 EPS and $487.7 million in revenue, leading analysts to maintain a "Moderate Buy" rating with an average price target of $232.75. The company also recently paid a quarterly dividend of $0.38 per share, representing an annualized yield of 0.7%.

Annex Advisory Services LLC increased its stake in Franco-Nevada Corporation (NYSE:FNV) by 5.7% in Q3, purchasing 10,233 shares and bringing its total holdings to 190,636 shares valued at approximately $42.5 million. This move is part of a broader trend of institutional investment in Franco-Nevada, with various hedge funds also adjusting their positions. The company recently reported strong Q3 earnings, beating analyst estimates for both EPS and revenue, and analysts maintain a "Moderate Buy" rating with an average target price of $232.75.

Osaic Holdings Inc. increased its stake in Franco-Nevada Corporation by 210.4% in Q2, acquiring an additional 12,360 shares, bringing their total to 18,235 shares valued at approximately $2.99 million. Institutional investors now collectively own 77.06% of the company's stock. Franco-Nevada recently surpassed Q3 earnings estimates with an EPS of $1.43 and revenue of $487.7 million, marking a 76.9% year-over-year increase.

Franco-Nevada, a prominent gold royalty company, has experienced subtle volatility but recent upgrades have reignited investor interest. The company's stock has seen a modest decline but rebounded after an analyst upgrade in early December, underscoring its resilience and diversified streams. Franco-Nevada's strategic investments and royalty-based business model position it as a stable blue-chip in the gold sector, despite ongoing market risks.

Covea Finance significantly trimmed its stake in Franco-Nevada Corporation, selling 7,300 shares in Q3, but the stock still constitutes a substantial portion of its portfolio. Amidst this, other institutional investors made varied adjustments to their holdings, and analysts maintain a "Moderate Buy" rating with a positive average price target for FNV. The company recently reported strong Q3 earnings, exceeding EPS estimates and showing significant revenue growth.

Franco-Nevada Corporation experienced a modest but resilient performance due to recent analyst upgrades from RBC Capital Markets and UBS, alongside strategic investments in goldmine developments. The company's unique "royalty and streaming" business model provides a diversified, lower-risk exposure to precious metals and energy royalties. Despite market volatility and a modest dividend, Franco-Nevada maintains a strong balance sheet and continues to attract investor optimism.