American Century Companies Inc. Buys 876,412 Shares of Newmont Corporation $NEM

American Century Companies Inc. lifted its stake in shares of Newmont Corporation (NYSE:NEMFree Report) by 63.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 2,267,923 shares of the basic materials company’s stock after purchasing an additional 876,412 shares during the period. American Century Companies Inc. owned 0.21% of Newmont worth $191,209,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the stock. Colonial Trust Advisors raised its position in Newmont by 20.8% during the third quarter. Colonial Trust Advisors now owns 684 shares of the basic materials company’s stock worth $58,000 after acquiring an additional 118 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in shares of Newmont by 53.5% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 399 shares of the basic materials company’s stock worth $34,000 after purchasing an additional 139 shares during the last quarter. HHM Wealth Advisors LLC increased its stake in shares of Newmont by 26.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 670 shares of the basic materials company’s stock worth $56,000 after purchasing an additional 140 shares during the last quarter. Fielder Capital Group LLC raised its holdings in shares of Newmont by 1.7% in the 3rd quarter. Fielder Capital Group LLC now owns 8,390 shares of the basic materials company’s stock valued at $707,000 after purchasing an additional 141 shares during the period. Finally, Summit Financial Wealth Advisors LLC lifted its stake in Newmont by 2.3% in the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 6,584 shares of the basic materials company’s stock valued at $566,000 after purchasing an additional 145 shares during the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on NEM shares. Jefferies Financial Group boosted their price target on Newmont from $136.00 to $158.00 and gave the stock a “buy” rating in a research report on Tuesday, February 17th. Canaccord Genuity Group lifted their target price on Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. TD Cowen increased their price target on Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. Wall Street Zen cut shares of Newmont from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, The Goldman Sachs Group upped their price objective on shares of Newmont from $99.90 to $123.90 and gave the company a “buy” rating in a report on Monday, January 12th. Two 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 company currently has a consensus rating of “Moderate Buy” and an average target price of $129.73.

View Our Latest Stock Report on NEM

Insider Buying and Selling at Newmont

In related news, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The stock was 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 in the company, valued at approximately $3,021,003.24. The trade was a 5.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Newmont Trading Up 2.0%

Shares of Newmont stock opened at $130.03 on Friday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29. The firm has a 50-day moving average of $115.77 and a 200-day moving average of $95.15. Newmont Corporation has a 52-week low of $41.23 and a 52-week high of $134.88. The stock has a market cap of $141.45 billion, a PE ratio of 20.35, a PEG ratio of 1.11 and a beta of 0.40.

Newmont (NYSE:NEMGet Free Report) last released its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $6.18 billion. During the same period last year, the firm earned $1.40 earnings per share. Newmont’s revenue for the quarter was up 20.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be given a $0.26 dividend. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. Newmont’s dividend payout ratio (DPR) is presently 15.65%.

Key Headlines Impacting Newmont

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 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.

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Institutional Ownership by Quarter for Newmont (NYSE:NEM)

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