Newmont (NYSE:NEM) Upgraded at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Newmont (NYSE:NEM) from a market perform rating to an outperform rating in a research report sent to investors on Friday, Marketbeat reports. They currently have $157.00 price target on the basic materials company’s stock, up from their previous price target of $121.00.

A number of other analysts have also commented on NEM. DZ Bank raised Newmont to a “strong-buy” rating in a research note on Monday, January 19th. The Goldman Sachs Group upped their target price on shares of Newmont from $99.90 to $123.90 and gave the company a “buy” rating in a report on Monday, January 12th. Citigroup reaffirmed a “buy” rating on shares of Newmont in a research note on Monday, January 12th. Royal Bank Of Canada boosted their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Finally, Scotiabank upped their price objective on shares of Newmont from $114.00 to $152.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $129.73.

Newmont Trading Up 2.0%

Shares of NEM opened at $130.03 on Friday. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. The firm has a 50 day simple moving average of $115.77 and a 200-day simple moving average of $95.34. Newmont has a 1-year low of $41.23 and a 1-year high of $134.88. The stock has a market cap of $141.45 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.08 and a beta of 0.39.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.Newmont’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 EPS. Equities analysts forecast that Newmont will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be given a $0.26 dividend. This is a boost from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s dividend payout ratio is 15.65%.

Hedge Funds Weigh In On Newmont

Large investors have recently bought and sold shares of the stock. Brighton Jones LLC increased its holdings in shares of Newmont by 15.7% during the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after buying an additional 1,847 shares during the last quarter. Woodline Partners LP grew its position in Newmont by 40.7% during the first quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after acquiring an additional 27,813 shares during the period. Sivia Capital Partners LLC acquired a new stake in Newmont during the second quarter worth about $240,000. Envestnet Asset Management Inc. raised its holdings in shares of Newmont by 176.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 447,960 shares of the basic materials company’s stock worth $26,098,000 after purchasing an additional 285,897 shares during the period. Finally, Bessemer Group Inc. lifted its stake in shares of Newmont by 9.7% in the 2nd quarter. Bessemer Group Inc. now owns 12,934 shares of the basic materials company’s stock valued at $753,000 after purchasing an additional 1,143 shares in the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

Newmont Company Profile

Newmont Corporation (NYSE: NEM) is a leading global gold mining company engaged in the exploration, development, processing and reclamation of gold properties. The company’s core business centers on the production of gold, with additional byproduct metals produced from its operations. Newmont operates a portfolio of long‑lived mines and development projects, and its activities span the full mine life cycle from early-stage exploration through to mining, milling and closure.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.