Newmont Corporation $NEM Stake Cut by Capital Investment Advisors LLC

Capital Investment Advisors LLC trimmed its stake in shares of Newmont Corporation (NYSE:NEM) by 1.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 589,002 shares of the basic materials company’s stock after selling 6,960 shares during the quarter. Capital Investment Advisors LLC owned about 0.05% of Newmont worth $58,812,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Norden Group LLC raised its holdings in Newmont by 0.7% during the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock worth $1,235,000 after purchasing an additional 90 shares in the last quarter. Colonial Trust Advisors boosted its stake in Newmont by 20.8% during the third quarter. Colonial Trust Advisors now owns 684 shares of the basic materials company’s stock valued at $58,000 after buying an additional 118 shares in the last quarter. Howard Financial Services LTD. grew its holdings in Newmont by 5.6% during the fourth quarter. Howard Financial Services LTD. now owns 2,528 shares of the basic materials company’s stock worth $252,000 after acquiring an additional 135 shares during the period. Harbor Capital Advisors Inc. raised its holdings in shares of Newmont by 53.5% in 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 in the last quarter. Finally, HHM Wealth Advisors LLC lifted its position 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 valued at $56,000 after acquiring an additional 140 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on NEM. Canadian Imperial Bank of Commerce cut their price target on shares of Newmont from $71.00 to $67.00 in a report on Friday, February 27th. UBS Group lowered their target price on Newmont from $150.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday. Scotiabank dropped their target price on Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a report on Friday, March 20th. Canaccord Genuity Group raised their price target on shares of Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Royal Bank Of Canada boosted their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Newmont currently has a consensus rating of “Buy” and an average price target of $133.57.

Newmont Stock Up 2.5%

Shares of NEM opened at $101.87 on Friday. Newmont Corporation has a 12 month low of $42.93 and a 12 month high of $134.88. The stock has a market cap of $110.83 billion, a price-to-earnings ratio of 15.94, a P/E/G ratio of 0.77 and a beta of 0.39. The company has a 50-day moving average price of $117.03 and a two-hundred day moving average price of $100.24. 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 earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.Newmont’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.40 EPS. Equities analysts predict that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were paid a dividend of $0.26 per share. 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 1.0%. The ex-dividend date of this dividend was Tuesday, March 3rd. Newmont’s payout ratio is currently 16.28%.

More 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

Insider Activity

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

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.