U S Global Investors 13F: New $732K Stake in Frontline (FRO)

U.S. Global Investors opened a new position in Frontline plc FRO, acquiring 14,847 shares of the oil and product tanker company. The stake was valued at $731,512, according to a Form 13F filing submitted to the Securities and Exchange Commission on October 22, 2026.

FRO Frontline plc

$52.94 ▲ +195.59% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in U.S. Global Investors's Frontline Position

The fund started from a zero balance and purchased 14,847 shares to build this new holding. Because this is an initial stake, there is no previous quarter comparison or percentage change to report. The reported value of the shares sits at roughly $731,512 based on market pricing around the filing period.

Other Institutional Activity in Frontline

Other major funds have also adjusted their positions in the shipping firm over recent reporting periods. Voloridge Investment Management grew its holdings by 1,067,154 shares, ending with 1,785,579 shares worth about $68.7 million. Arrowstreet Capital, Limited Partnership added 923,043 shares to reach 6,706,520 shares valued at approximately $355.0 million. Two Sigma Investments, LP trimmed its stake by 61,913 shares, leaving it with 3,096,928 shares worth roughly $164.0 million. Acadian Asset Management LLC lifted its position by 1,086,204 shares to hold 2,066,976 shares valued at about $109.4 million. Keystone Investors Pte Ltd increased its stake by 936,992 shares, finishing with 1,873,983 shares worth roughly $99.2 million.

Frontline plc Stock Up 3.2%

Frontline shares recently traded around $52.94 as of October 24, 2026, resting up about 3.4% from an event-day close of $51.22 on October 22. The stock has experienced a strong run over the past year, trading well above its 50-day moving average of $48.80 and its 200-day moving average of $38.32. The equity sits below its 52-week high of $59.75 while remaining well above its 52-week low of $20.47.

Recent Earnings

The company generated $2.71 billion in trailing twelve months revenue and posted earnings of $6.67 per share. Frontline's next earnings report is scheduled for November 30, 2026.

Dividend

Frontline pays an annual dividend rate of $5.38 per share, giving the stock a dividend yield of 10.5%.

Analysts Set New Price Targets

Evercore ISI Group maintained its in-line rating on the stock with a $41.00 price target on August 31, 2026. Later, on September 18, 2026, BTIG maintained a buy rating while raising its price target to $70.00. The stock currently holds a consensus analyst recommendation and a mean price target of $54.25 across four analysts.

About Frontline

Frontline plc operates as an international shipping company focused on the ownership and operation of oil and product tankers. Headquartered in Limassol, Cyprus, the business transports crude oil and refined products globally through a fleet that includes very large crude carriers, Suezmax tankers, and LR2/Aframax vessels. Institutional interest in the company aligns with active global energy shipping demands and fleet operations.

Bottom Line

Investors tracking Frontline will look toward the upcoming earnings release on November 30, 2026, for further updates on vessel operations and revenue performance. Institutional filings continue to provide visibility into how large managers position themselves within the energy transport sector.