Franco-Nevada Corporation $FNV Stock Position Boosted by Annex Advisory Services LLC

Key Points

• Annex Advisory Services raised its stake in Franco‑Nevada by 4.9% to 199,972 shares (about $41.45 million), and institutional investors now own roughly 77.06% of the company.
• Franco‑Nevada posted strong quarterly results, beating estimates with $1.85 EPS vs. $1.67 expected and revenue of $597.3M (up 86.1% year‑over‑year), with a 61.01% net margin.
• FNV trades near $257 with a one‑year range of $152.89–$285.67 and a $49.6B market cap; analysts show mixed views but the consensus is a "Moderate Buy" with an average target of $257.25.

Annex Advisory Services LLC boosted its stake in Franco-Nevada Corporation (NYSE:FNV - Free Report) TSE: FNV by 4.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 199,972 shares of the basic materials company's stock after buying an additional 9,336 shares during the period. Annex Advisory Services LLC owned 0.10% of Franco-Nevada worth $41,450,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Spectrum Asset Management Inc. NB CA bought a new position in Franco-Nevada in the 4th quarter valued at about $510,000. Farther Finance Advisors LLC grew its position in Franco-Nevada by 23.5% in the 4th quarter. Farther Finance Advisors LLC now owns 1,199 shares of the basic materials company's stock valued at $249,000 after buying an additional 228 shares in the last quarter. Transcend Capital Advisors LLC bought a new position in Franco-Nevada in the 4th quarter valued at about $301,000. Fortune Financial Advisors LLC grew its position in Franco-Nevada by 2.4% in the 4th quarter. Fortune Financial Advisors LLC now owns 6,648 shares of the basic materials company's stock valued at $1,378,000 after buying an additional 156 shares in the last quarter. Finally, Apollon Wealth Management LLC grew its position in Franco-Nevada by 16.0% in the 4th quarter. Apollon Wealth Management LLC now owns 2,240 shares of the basic materials company's stock valued at $464,000 after buying an additional 309 shares in the last quarter. Institutional investors own 77.06% of the company's stock.

Franco-Nevada Trading Down 1.0%

FNV stock opened at $257.31 on Wednesday. Franco-Nevada Corporation has a one year low of $152.89 and a one year high of $285.67. The firm has a market capitalization of $49.61 billion, a PE ratio of 44.67, a P/E/G ratio of 2.78 and a beta of 0.47. The firm has a 50-day moving average of $253.05 and a two-hundred day moving average of $226.94.

Franco-Nevada (NYSE:FNV - Get Free Report) TSE: FNV last posted its quarterly earnings data on Tuesday, March 10th. The basic materials company reported $1.85 EPS for the quarter, beating analysts' consensus estimates of $1.67 by $0.18. Franco-Nevada had a net margin of 61.01% and a return on equity of 15.62%. The company had revenue of $597.30 million during the quarter, compared to analyst estimates of $542.02 million. During the same period in the prior year, the firm earned $0.95 earnings per share. The business's quarterly revenue was up 86.1% on a year-over-year basis. On average, equities research analysts anticipate that Franco-Nevada Corporation will post 3.09 earnings per share for the current year.

Wall Street Analyst Weigh In

FNV has been the subject of several research reports. Weiss Ratings upgraded shares of Franco-Nevada from a "hold (c+)" rating to a "buy (b)" rating in a research report on Friday, March 20th. Canaccord Genuity Group lowered shares of Franco-Nevada from a "strong-buy" rating to a "hold" rating in a research report on Friday, January 23rd. HC Wainwright raised their price objective on shares of Franco-Nevada from $285.00 to $305.00 and gave the company a "buy" rating in a research report on Thursday, March 12th. Scotiabank raised their price objective on shares of Franco-Nevada from $283.00 to $286.00 and gave the company a "sector perform" rating in a research report on Monday, March 16th. Finally, UBS Group restated a "buy" rating and set a $310.00 price objective on shares of Franco-Nevada in a research report on Friday, January 30th. Seven analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $257.25.

Franco-Nevada Company Profile

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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