<div id="readability-page-1"><p>The Manufacturers Life Insurance Company cut its position in  Franco-Nevada Corporation (NYSE:FNV - Free Report) <span>TSE: FNV<span></span></span> by 4.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,900,526 shares of the basic materials company's stock after selling 80,246 shares during the quarter. The Manufacturers Life Insurance Company owned about 0.99% of Franco-Nevada worth $310,559,000 at the end of the most recent reporting period.</p><ul><li>The Best Way to Invest in Gold Is...</li></ul><p>Other institutional investors and hedge funds also recently made changes to their positions in the company. Vanguard Group Inc. increased its holdings in  Franco-Nevada by 3.1% in the 2nd quarter. Vanguard Group Inc. now owns 8,086,420 shares of the basic materials company's stock worth $1,327,612,000 after acquiring an additional 241,081 shares during the last quarter.  Arrowstreet Capital Limited Partnership lifted its holdings in  Franco-Nevada by 35.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 3,220,029 shares of the basic materials company's stock valued at $528,289,000 after purchasing an additional 838,853 shares during the last quarter.  Norges Bank bought a new position in  Franco-Nevada during the second quarter worth about $460,218,000.  TD Asset Management Inc boosted its position in  Franco-Nevada by 4.4% during the second quarter. TD Asset Management Inc now owns 2,011,787 shares of the basic materials company's stock worth $329,626,000 after purchasing an additional 85,117 shares during the period.  Finally, Geode Capital Management LLC increased its stake in shares of  Franco-Nevada by 20.2% in the second quarter. Geode Capital Management LLC now owns 1,500,290 shares of the basic materials company's stock worth $247,051,000 after purchasing an additional 252,540 shares in the last quarter. Institutional investors own  77.06% of the company's stock. </p><div><p><span></span><span>Get <strong>Franco-Nevada</strong> alerts:</span></p></div><h2>Franco-Nevada Price Performance</h2><p>Shares of NYSE:FNV opened at $208.13 on Thursday. The firm has a fifty day moving average price of $199.93 and a two-hundred day moving average price of $185.22. The company has a market cap of $40.12 billion, a price-to-earnings ratio of 43.63, a PEG ratio of 1.57 and a beta of 0.46. Franco-Nevada Corporation has a one year low of $114.81 and a one year high of $225.63. </p><ul><li>Gold Rush: Exploring 5 Sector Giants Amidst Soaring Prices</li></ul><p>Franco-Nevada (NYSE:FNV - Get Free Report) <span>TSE: FNV<span></span></span> last released its quarterly earnings results on Monday, November 3rd. The basic materials company reported $1.43 earnings per share for the quarter, topping the consensus estimate of $1.37 by $0.06. The firm had revenue of $487.70 million for the quarter, compared to analysts' expectations of $448.51 million. Franco-Nevada had a net margin of 59.48% and a return on equity of 13.94%. The business's quarterly revenue was up 76.9% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.80 earnings per share.  Equities research analysts expect that  Franco-Nevada Corporation will post 3.09 EPS for the current fiscal year. </p><h2>Franco-Nevada Announces Dividend</h2><p>The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th will be issued a $0.38 dividend. The ex-dividend date of this dividend is Thursday, December 4th. This represents a $1.52 annualized dividend and a dividend yield of 0.7%. Franco-Nevada's dividend payout ratio (DPR) is presently 31.87%. </p><h2>Analyst Ratings Changes</h2><ul><li>Have investors struck gold with Newmont's 4.7% yield?</li></ul><p>A number of analysts recently commented on FNV shares. HC Wainwright upped their price target on shares of Franco-Nevada from $200.00 to $210.00 and gave the company a &#34;buy&#34; rating in a research note on Tuesday, November 4th. UBS Group boosted their target price on shares of Franco-Nevada from $260.00 to $270.00 and gave the company a &#34;buy&#34; rating in a report on Monday, December 1st. Weiss Ratings  restated a &#34;buy (b-)&#34; rating on shares of Franco-Nevada in a research report on Monday. Royal Bank Of Canada raised Franco-Nevada from a &#34;sector perform&#34; rating to an &#34;outperform&#34; rating and raised their price target for the stock from $225.00 to $250.00 in a report on Wednesday. Finally, Canaccord Genuity Group upgraded Franco-Nevada from a &#34;hold&#34; rating to a &#34;strong-buy&#34; rating in a research note on Wednesday, October 22nd. One investment analyst  has rated the stock with a Strong Buy rating, seven have given a Buy rating and six have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of $232.75.</p><p><b>Get Our Latest Analysis on Franco-Nevada</b></p><h2>About Franco-Nevada</h2> (Free Report)<p>Franco-Nevada Corporation operates as a gold-focused royalty and streaming company in South America, Central America, Mexico, the United States, Canada, and internationally. It operates through Mining and Energy segments. The company manages its portfolio with a focus on precious metals, such as gold, silver, and platinum group metals; and engages in the sale of crude oil, natural gas, and natural gas liquids through a third-party marketing agent.</p><h2>See Also</h2><ul><li>Five stocks we like better than Franco-Nevada</li><li>How to Calculate Return on Investment (ROI)</li><li>Walmart’s NASDAQ Switch Could Change Everything for WMT Stock</li><li>What is a Bond Market Holiday? How to Invest and Trade</li><li>GameStop Looks Broken: Here’s Why GME Could Crash in 2026</li><li>The Basics of Support and  Resistance</li><li>Market Momentum: 3 Stocks Poised for Major Breakouts</li></ul><p><strong>Want to see what other hedge funds are holding FNV?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Franco-Nevada Corporation (NYSE:FNV - Free Report) <span>TSE: FNV<span></span></span>.</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZOVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZOVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Franco-Nevada Right Now?</h2><p>Before you consider Franco-Nevada, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Franco-Nevada wasn't on the list.</p><p>While Franco-Nevada currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>The Manufacturers Life Insurance Company reduced its stake in Franco-Nevada Corporation by 4.1% in Q2, owning 1,900,526 shares valued at $310.56 million. Meanwhile, other institutional investors like Vanguard and Arrowstreet Capital increased their holdings. Analysts have given Franco-Nevada a consensus rating of 'Moderate Buy' with a target price of $232.75. The company reported strong quarterly earnings, surpassing expectations, and announced a quarterly dividend of $0.38 per share.</p>

The Manufacturers Life Insurance Company Decreases Stock Position in Franco-Nevada Corporation $FNV