Newmont (NYSE:NEM) EVP Sells $324,000.00 in Stock

Newmont Corporation (NYSE:NEM) EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total transaction of $324,000.00. Following the completion of the transaction, the executive vice president owned 55,315 shares in the company, valued at approximately $5,974,020. This represents a 5.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Newmont Stock Down 3.5%

NEM stock opened at $95.74 on Monday. The company has a 50 day moving average of $118.43 and a two-hundred day moving average of $99.73. The company 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 Corporation has a 12-month low of $42.93 and a 12-month high of $134.88. 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 (NYSE:NEM) last posted its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the previous year, the company posted $1.40 EPS. Newmont’s revenue was up 20.6% on a year-over-year basis. On average, equities analysts anticipate that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. This is an increase from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. Newmont’s dividend payout ratio is presently 16.28%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. Wall Street Zen upgraded Newmont from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Bank of America increased their price objective on Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. TD Securities reduced their target price on shares of Newmont from $120.00 to $118.00 and set a “hold” rating for the company in a research note on Tuesday, March 3rd. Canadian Imperial Bank of Commerce decreased their target price on shares of Newmont from $71.00 to $67.00 in a research report on Friday, February 27th. Finally, UBS Group dropped their price target on shares of Newmont from $160.00 to $150.00 and set a “buy” rating on the stock in a research note on Monday, February 23rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $134.10.

Hedge Funds Weigh In On Newmont

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. GoalVest Advisory LLC bought a new stake in shares of Newmont during the 4th quarter worth $25,000. Swiss RE Ltd. acquired a new position in Newmont during the 4th quarter worth $26,000. Cornerstone Planning Group LLC lifted its position in Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 206 shares during the last quarter. Lodestone Wealth Management LLC bought a new stake in Newmont during the fourth quarter valued at about $28,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Newmont during the fourth quarter valued at about $30,000. Institutional investors and hedge funds 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.
• 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.
• 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.

About Newmont

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.