Fisher Asset Management LLC Invests $433,000 in Newmont Corporation $NEM

Fisher Asset Management LLC bought a new position in Newmont Corporation (NYSE:NEM) during the third quarter, according to its most recent filing with the SEC. The firm bought 5,134 shares of the basic materials company’s stock, valued at approximately $433,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of Newmont by 15.7% during the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock valued at $506,000 after buying an additional 1,847 shares during the last quarter. Woodline Partners LP lifted its position in Newmont by 40.7% in the 1st quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after acquiring an additional 27,813 shares in the last quarter. Sivia Capital Partners LLC acquired a new position in Newmont during the 2nd quarter valued at about $240,000. Atria Investments Inc acquired a new position in Newmont during the 2nd quarter valued at about $534,000. Finally, Atlantic Union Bankshares Corp bought a new stake in Newmont during the 2nd quarter worth approximately $47,000. Institutional investors own 68.85% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Zacks upgraded NEM to a Zacks Rank #1 (Strong Buy), which typically attracts buying interest and can lift near-term sentiment among retail and model-driven investors. Newmont (NEM) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Zacks Research has raised near-term EPS estimates for Newmont (Q3 and Q4 2026), lifting fundamentals expectations—this supports higher earnings-per-share forecasts and improves the stock’s forward valuation (consensus full-year EPS ~ $3.45).
• Positive Sentiment: Citigroup raised its price target on NEM to $150, signaling bullish conviction from a major bank and giving investors a higher upside reference point. Citigroup Increases Newmont (NYSE:NEM) Price Target to $150.00
• Positive Sentiment: Geopolitical tensions pushed gold toward record highs, a clear tailwind for gold miners’ revenues and margins—this macro driver supports Newmont’s commodity-linked upside. With Iran Sending Gold Over $5,000, the Best Gold Stocks and ETFs to Buy Now
• Neutral Sentiment: Several pieces discuss whether Wall Street’s optimistic broker recommendations are meaningful; coverage may drive short-term flows but analysts’ consensus is mixed, so impact is uncertain. Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: TD Securities reduced its expectations for Newmont, which pressures sentiment from institutional investors and can weigh on short-term performance. TD Securities Has Lowered Expectations for Newmont (NYSE:NEM) Stock Price
• Negative Sentiment: Earlier analyst downgrades triggered a sharp intraday sell-off (reported trading down ~8% after a downgrade), creating lingering volatility and a stubborn headline risk. Newmont (NYSE:NEM) Trading Down 8% After Analyst Downgrade
• Negative Sentiment: Recent write-ups noted material intraday dips (around 2.7–2.8% in prior sessions), reflecting that selling pressure can reappear despite positive analyst notes. Why Newmont Corporation (NEM) Dipped More Than Broader Market Today

Newmont Stock Performance

Shares of NEM opened at $116.37 on Monday. Newmont Corporation has a 1 year low of $42.03 and a 1 year high of $134.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. The stock’s fifty day moving average price is $117.25 and its two-hundred day moving average price is $97.14. The firm has a market cap of $126.60 billion, a PE ratio of 18.21, a PEG ratio of 0.92 and a beta of 0.39.

Newmont (NYSE:NEM) last posted its quarterly earnings results 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. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the prior year, the company earned $1.40 EPS. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. On average, equities research analysts forecast that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. This is a boost from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Tuesday, March 3rd. Newmont’s dividend payout ratio (DPR) is 16.28%.

Wall Street Analyst Weigh In

Several analysts have recently commented on the company. Raymond James Financial increased their price objective on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Canaccord Genuity Group upped their price target on Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Argus increased their price target on Newmont from $75.00 to $94.00 in a research report on Friday, November 21st. Zacks Research upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research note on Thursday. Finally, Royal Bank Of Canada lifted their price objective on shares of Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $134.15.

Newmont Company 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.