180 Wealth Advisors LLC grew its holdings in Newmont Corporation (NYSE:NEM – Free Report) by 49.2% in the fourth quarter, Holdings Channel reports. The firm owned 23,380 shares of the basic materials company’s stock after buying an additional 7,712 shares during the quarter. 180 Wealth Advisors LLC’s holdings in Newmont were worth $2,334,000 as of its most recent SEC filing.
Several other hedge funds have also recently modified their holdings of the business. Estate Counselors LLC bought a new position in Newmont during the third quarter valued at approximately $4,182,000. AustralianSuper Pty Ltd grew its position in Newmont by 124.8% in the 3rd quarter. AustralianSuper Pty Ltd now owns 330,250 shares of the basic materials company’s stock worth $27,843,000 after purchasing an additional 183,360 shares during the period. Knights of Columbus Asset Advisors LLC grew its position in Newmont by 286.5% in the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 60,499 shares of the basic materials company’s stock worth $5,101,000 after purchasing an additional 44,846 shares during the period. Robeco Institutional Asset Management B.V. raised its stake in Newmont by 172.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company’s stock valued at $362,888,000 after buying an additional 2,723,044 shares during the last quarter. Finally, Live Oak Investment Partners purchased a new stake in Newmont during the 3rd quarter valued at $2,232,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.
Newmont News Summary
Here are the key news stories impacting Newmont this week:
- Positive Sentiment: Newmont reported strong quarterly results and recently raised its quarterly dividend, underpinning cash flow and income appeal for long‑term investors. Read More.
- Positive Sentiment: Scotiabank maintained a “sector outperform” view on NEM (small trim to its price target), leaving a large implied upside from current levels — a sign some sell‑side support remains. Read More.
- Neutral Sentiment: Analyst coverage remains tilted positive overall (consensus rating = Buy and a high average price target), which could limit downside if bullion stabilizes. Read More.
- Neutral Sentiment: Company disclosures include routine 10b5‑1 sales by executives (planned program) — typically pre‑arranged and not an immediate operational red flag. Read More.
- Negative Sentiment: Macro fears that the Fed may delay rate cuts amid sticky inflation and higher oil prices have driven gold and silver lower; miners like Newmont are highly sensitive to bullion moves, pressuring the share price. Read More.
- Negative Sentiment: Rising fuel costs and weaker gold prices are being cited as squeezing miners’ margins and raising concerns about 2026 cost/volume outlook — a direct headwind to near‑term earnings expectations. Read More.
- Negative Sentiment: Recent open‑market insider selling (David James Fry sold ~18,394 shares, disclosed via SEC Form 4) has amplified negative sentiment during a broader sector pullback. Read More.
- Negative Sentiment: Multiple market write‑ups flagged sharp intraday declines after the Fed’s signal and weaker bullion; momentum selling in the sector has exacerbated Newmont’s drop. Read More.
Insider Buying and Selling
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. BNP Paribas Exane raised their price target on Newmont from $123.00 to $128.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Wall Street Zen upgraded Newmont from a “hold” rating to a “buy” rating in a research report on Sunday, March 8th. Bank of America raised their target price on Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 29th. Finally, Zacks Research raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Newmont presently has an average rating of “Buy” and a consensus target price of $134.10.
Read Our Latest Research Report on Newmont
Newmont Stock Performance
Shares of NEM opened at $95.74 on Monday. The business has a 50-day simple moving average of $118.43 and a two-hundred day simple moving average of $99.73. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. Newmont Corporation has a 52 week low of $42.93 and a 52 week high of $134.88. The stock has a market cap of $104.16 billion, a price-to-earnings ratio of 14.98, a PEG ratio of 0.74 and a beta of 0.39.
Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share 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 analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the firm earned $1.40 EPS. On average, analysts expect that Newmont Corporation will post 3.45 EPS for the current year.
Newmont Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be issued a dividend of $0.26 per share. This is an increase from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s payout ratio is presently 16.28%.
Newmont 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.
Further Reading
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