Counterpoint Mutual Funds LLC Invests $2.68 Million in Newmont Corporation $NEM

Posted by Defense World Staff on Feb 24th, 2026

Counterpoint Mutual Funds LLC bought a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 31,807 shares of the basic materials company’s stock, valued at approximately $2,682,000.

Other hedge funds also recently bought and sold shares of the company. Norges Bank purchased a new position in shares of Newmont in the second quarter valued at about $919,170,000. Invesco Ltd. raised its stake in Newmont by 45.0% during the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock valued at $908,152,000 after purchasing an additional 4,839,447 shares during the period. Boston Partners lifted its holdings in Newmont by 4,090.7% in the 2nd quarter. Boston Partners now owns 4,643,057 shares of the basic materials company’s stock worth $272,558,000 after purchasing an additional 4,532,263 shares in the last quarter. LSV Asset Management bought a new position in Newmont in the 2nd quarter worth approximately $187,206,000. Finally, Robeco Institutional Asset Management B.V. grew its holdings 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 in the last quarter. Institutional investors own 68.85% of the company’s stock.

Newmont Trading Up 1.7%

NEM opened at $124.16 on Tuesday. The stock has a 50-day moving average of $113.61 and a 200 day moving average of $93.72. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. Newmont Corporation has a 12 month low of $41.23 and a 12 month high of $134.88. The firm has a market cap of $135.49 billion, a P/E ratio of 19.43, a P/E/G ratio of 1.02 and a beta of 0.40.

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 (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion during 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%.The company’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same period last year, the company earned $1.40 EPS. As a group, research analysts forecast that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 0.8%. Newmont’s payout ratio is presently 15.65%.

Analyst Upgrades and Downgrades

Several research firms have recently commented on NEM. UBS Group reissued a “buy” rating and issued a $160.00 target price on shares of Newmont in a report on Friday, January 30th. DZ Bank upgraded shares of Newmont to a “strong-buy” rating in a research note on Monday, January 19th. Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 18th. Citigroup reaffirmed a “buy” rating on shares of Newmont in a report on Monday, January 12th. Finally, Canaccord Genuity Group boosted their target price on Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $132.88.

Get Our Latest Report on Newmont

Insiders Place Their Bets

In other 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 sale, the director owned 32,709 shares of the company’s stock, valued at approximately $3,021,003.24. This represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.05% of the stock is owned by company insiders.

More Newmont News

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Strong Q4 results and upgraded capital returns are supporting the rally: analysts and bulls point to beat-and-raise results (EPS and revenue ahead of expectations), record free cash flow and a $1.1B annual dividend plus $3.6B buybacks as reasons to buy. Newmont Mining: $5100 Gold, 14x P/E – Raising My Price Target
Positive Sentiment: Value-oriented screens rank NEM highly — Zacks style scores flag Newmont as a top-ranked value stock, which can attract longer-term, value-focused inflows. Newmont Corporation (NEM) is a Top-Ranked Value Stock: Should You Buy?
Neutral Sentiment: Elevated investor attention noted by Zacks/Yahoo — increased searches and coverage can boost liquidity and amplify moves in either direction, depending on follow-through news. Newmont Corporation (NEM) is Attracting Investor Attention: Here is What You Should Know
Negative Sentiment: Analyst downgrade pressured the stock intraday — a published downgrade and weaker near-term sentiment forced some selling despite strong fundamentals. Newmont (NYSE:NEM) Stock Price Down 2.6% on Analyst Downgrade
Negative Sentiment: Critical opinion pieces highlight risks (valuation at current levels, cyclicality, or mine-specific concerns) that can weigh on sentiment and attract short-term sellers. Newmont: 3 Reasons I’m Avoiding This Stock

Newmont Profile

(Free Report)

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.