Enclave Advisors LLC Acquires Shares of 74,487 Newmont Corporation $NEM

Enclave Advisors LLC bought a new position in Newmont Corporation (NYSE:NEM) in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 74,487 shares of the basic materials company’s stock, valued at approximately $7,438,000. Newmont makes up 1.1% of Enclave Advisors LLC’s portfolio, making the stock its 27th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Norden Group LLC lifted its position in shares of Newmont by 0.7% during the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock valued at $1,235,000 after purchasing an additional 90 shares in the last quarter. Colonial Trust Advisors grew its position in Newmont by 20.8% in the 3rd quarter. Colonial Trust Advisors now owns 684 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 118 shares in the last quarter. Howard Financial Services LTD. grew its position in Newmont by 5.6% in the 4th quarter. Howard Financial Services LTD. now owns 2,528 shares of the basic materials company’s stock worth $252,000 after purchasing an additional 135 shares in the last quarter. Harbor Capital Advisors Inc. increased its stake in Newmont by 53.5% in the 3rd quarter. Harbor Capital Advisors Inc. now owns 399 shares of the basic materials company’s stock valued at $34,000 after buying an additional 139 shares during the last quarter. Finally, HHM Wealth Advisors LLC increased its stake in Newmont by 26.4% in the 3rd quarter. HHM Wealth Advisors LLC now owns 670 shares of the basic materials company’s stock valued at $56,000 after buying an additional 140 shares during the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont Stock Up 2.5%

NEM opened at $101.87 on Friday. Newmont Corporation has a twelve month low of $42.93 and a twelve month high of $134.88. The company’s 50-day moving average price is $117.03 and its two-hundred day moving average price is $100.24. The stock has a market cap of $110.83 billion, a price-to-earnings ratio of 15.94, a PEG ratio of 0.77 and a beta of 0.39. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16.

Newmont (NYSE:NEM) last issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The company had revenue of $6.82 billion during the quarter, compared to analyst estimates of $6.18 billion. During the same quarter last year, the business posted $1.40 EPS. Newmont’s quarterly revenue was up 20.6% compared to the same quarter last year. As a group, equities analysts expect that Newmont Corporation will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were given a $0.26 dividend. This is an increase from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend was Tuesday, March 3rd. Newmont’s dividend payout ratio (DPR) is 16.28%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on NEM shares. Bank of America boosted their target price on Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. TD Securities decreased their price target on Newmont from $120.00 to $118.00 and set a “hold” rating for the company in a research report on Tuesday, March 3rd. Wall Street Zen upgraded Newmont from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Jefferies Financial Group boosted their price objective on Newmont from $158.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, The Goldman Sachs Group upped their price objective on Newmont from $99.90 to $123.90 and gave the company a “buy” rating in a research note on Monday, January 12th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $133.57.

Insider Buying and Selling at Newmont

In other Newmont news, insider David James Fry sold 18,394 shares of the business’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the sale, the insider directly owned 17,147 shares in the company, valued at $1,911,033.15. The trade was a 51.75% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total value of $324,000.00. Following the transaction, the executive vice president directly owned 55,315 shares in the company, valued at $5,974,020. This represents a 5.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Macro/strategy pieces are recommending rotation into gold miners as a hedge amid market uncertainty, which boosts demand for large producers like Newmont; that thematic flow into miners is a direct positive for NEM. Sell, Hedge, Rotate: Victor Dergunov’s Strategy
• Positive Sentiment: Market commentary arguing the pullback in gold is a buying opportunity highlights Newmont as a high-quality, dividend-paying exposure to gold, supporting investor interest in NEM shares.
• Neutral Sentiment: UBS trimmed its price target from $150 to $140 but maintained a “Buy” rating and still projects meaningful upside (~37% from current levels), which provides analytical support for the rally even though the cut is modestly negative. UBS Lowers PT to $140
• Neutral Sentiment: Corporate filings: Newmont filed its 2026 proxy materials and has published its 2025 annual report — routine governance/disclosure updates that reduce uncertainty but are not immediate catalysts. Newmont Files 2026 Proxy Materials Newmont Files 2025 Annual Report
• Neutral Sentiment: Vanguard reported a change to “zero direct beneficial ownership” in Newmont after an internal realignment — likely an administrative reporting change rather than a vote of no confidence, but worth monitoring if it affects passive flows. Vanguard Reports Zero Direct Ownership
• Negative Sentiment: Geopolitical risk: Barron’s reports that the Iran conflict has been weighing on mining stocks broadly; such risk-driven selloffs can pressure Newmont despite company-specific positives. Why the Iran War Is Crippling Mining Stocks

Newmont 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.