CenterBook Partners LP Buys New Shares in Newmont Corporation $NEM

CenterBook Partners LP acquired a new stake in shares of Newmont Corporation (NYSE:NEM) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,067 shares of the basic materials company’s stock, valued at approximately $596,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Physician Wealth Advisors Inc. boosted its stake in Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares during the period. Capital A Wealth Management LLC lifted its position in shares of Newmont by 1,648.3% in the second quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 478 shares in the last quarter. Caldwell Trust Co acquired a new stake in shares of Newmont during the second quarter worth approximately $31,000. Country Trust Bank purchased a new position in Newmont during the second quarter valued at approximately $32,000. Finally, CoreFirst Bank & Trust acquired a new position in Newmont in the 2nd quarter valued at approximately $32,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Newmont news, Director Bruce R. Brook sold 2,080 shares of the stock in a transaction on Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the sale, the director directly owned 32,709 shares of the company’s stock, valued at $3,021,003.24. This represents a 5.98% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is currently owned by insiders.

Newmont Stock Down 2.6%

Newmont stock opened at $122.16 on Friday. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 1.74. Newmont Corporation has a fifty-two week low of $41.23 and a fifty-two week high of $134.88. The firm has a fifty day moving average price of $113.12 and a two-hundred day moving average price of $93.15. The firm has a market cap of $133.31 billion, a price-to-earnings ratio of 19.12, a P/E/G ratio of 1.02 and a beta of 0.40.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.58% and a net margin of 31.25%.The firm’s revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.40 EPS. As a group, analysts forecast that Newmont Corporation will post 3.45 earnings per share for the current 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 dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. This is an increase from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s payout ratio is presently 15.65%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. TD Cowen lifted their target price on shares of Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. BMO Capital Markets lowered their target price on Newmont from $145.00 to $140.00 and set an “outperform” rating on the stock in a research note on Friday. Macquarie Infrastructure upped their target price on Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. Royal Bank Of Canada lifted their price target on Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Finally, UBS Group reiterated a “buy” rating and issued a $160.00 target price on shares of Newmont in a research note on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $132.88.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat expectations: Q4 EPS of $2.52 and revenue of $6.82B topped estimates, driven by higher realized gold prices and margin expansion. Read More.
• Positive Sentiment: Record free cash flow and strong profitability in 2025 supported balance sheet and capital flexibility — a reason some investors remain constructive. Read More.
• Positive Sentiment: Dividend increase: the company raised the quarterly payout to $0.26 (4% increase), signaling continued shareholder returns. Read More.
• Neutral Sentiment: Mineral reserves declined to 118.2M attributable gold ounces at year‑end 2025 versus 134.1M in 2024 — management attributes the drop mainly to divestments rather than operating shortfalls. Read More.
• Neutral Sentiment: Analyst framing remains mixed-to-favorable: many firms still rate NEM buy/outperform and Zacks highlights it as a strong growth stock based on style scores, leaving upside potential for longer‑term investors. Read More.
• Negative Sentiment: 2026 guidance disappointed: management forecast ~5.3M oz attributable gold production (below 2025), AISC around ~$1,680/oz and sizable sustaining/development capital spending — the softer outlook is the main near‑term headwind. Read More.
• Negative Sentiment: “Sell‑the‑news” reaction: after the strong quarter, investors focused on the muted 2026 outlook and the stock pulled back as a result. Read More.
• Negative Sentiment: Analyst/pricing moves and insider/institutional flows: BMO trimmed its price target (from $145 to $140) and filings show notable insider sales and large institutional reallocations (some big holders reduced positions), which likely added selling pressure. Read More.
• Negative Sentiment: Median analyst targets and positioning: recent medians/targets (Quiver/other services) show some targets below the current price, reinforcing mixed near‑term sentiment. 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.