Banque Cantonale Vaudoise Increases Holdings in Newmont Corporation $NEM

Banque Cantonale Vaudoise increased its holdings in shares of Newmont Corporation (NYSE:NEM) by 21.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 104,384 shares of the basic materials company’s stock after purchasing an additional 18,686 shares during the quarter. Banque Cantonale Vaudoise’s holdings in Newmont were worth $8,801,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NEM. Brighton Jones LLC raised its position 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 boosted its position in shares of Newmont by 40.7% during the first quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock worth $4,644,000 after acquiring an additional 27,813 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in Newmont during the second quarter valued at $240,000. Atria Investments Inc bought a new stake in Newmont in the 2nd quarter valued at $534,000. Finally, Atlantic Union Bankshares Corp purchased a new stake in Newmont in the 2nd quarter worth $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: BofA raised its price target on NEM to $151 and reiterated a Buy — part of a broader analyst re‑rating that supports upside expectations for Newmont. Why Newmont Corporation (NEM) Is Gaining Analyst Attention
• Positive Sentiment: Citi lifted its price target to $150 (from $118) and reiterated a Buy, signaling renewed confidence in Newmont’s earnings power and valuation. Citi Lifts PT on Newmont Corporation (NEM) to $150 from $118 – Here’s Why
• Positive Sentiment: Zacks and other outlets highlight bullish Q1 earnings estimates and favorable long‑term growth/valuation metrics, supporting expectations for continued beat‑and‑raise performance. Zacks Research Has Bullish Estimate for Newmont Q1 Earnings
• Positive Sentiment: Wall Street Zen upgraded Newmont to Buy, adding to the momentum from multiple buy‑side and sell‑side upgrades. Wall Street Zen Upgrades Newmont (NYSE:NEM) to Buy
• Neutral Sentiment: Zacks and Yahoo features note Newmont as a trending and top‑growth stock based on style scores and investor attention — useful context but not an immediate price catalyst by itself. Here is What to Know Beyond Why Newmont Corporation (NEM) is a Trending Stock
• Negative Sentiment: The Motley Fool flagged two macroeconomic factors driving weakness in Newmont today — broader pressure on gold/miners from rates and dollar/market moves — which can mute gains even amid positive analyst actions. Why Newmont Corporation Stock Dropped Today

Newmont Stock Performance

NYSE:NEM opened at $117.06 on Tuesday. The firm has a market capitalization of $127.34 billion, a PE ratio of 18.32, a PEG ratio of 0.92 and a beta of 0.39. The stock’s fifty day moving average is $117.60 and its 200 day moving average is $97.47. Newmont Corporation has a fifty-two week low of $42.03 and a fifty-two week high of $134.88. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29.

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, beating 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 analysts’ expectations of $6.18 billion. During the same quarter in the previous year, the business posted $1.40 earnings per share. The business’s revenue was up 20.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Newmont Corporation will post 3.45 earnings per share 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 $0.26 dividend. The ex-dividend date of this dividend is Tuesday, March 3rd. This is an increase from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont’s payout ratio is 16.28%.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NEM. Macquarie Infrastructure lifted their target price on Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a report on Friday, February 6th. Jefferies Financial Group upped their price objective on Newmont from $158.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. UBS Group cut their target price on shares of Newmont from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Scotiabank upped their price target on shares of Newmont from $114.00 to $152.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Finally, Bank of America lifted their price objective on shares of Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Three equities research 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target 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.