Newmont (NYSE:NEM) Given New $116.00 Price Target at TD

Newmont (NYSE:NEM) had its price objective trimmed by TD from $118.00 to $116.00 in a research report released on Tuesday,BayStreet.CA reports. The brokerage currently has a hold rating on the basic materials company’s stock.

Several other research firms have also recently weighed in on NEM. Raymond James Financial boosted their price objective on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Sanford C. Bernstein upgraded Newmont from a “market perform” rating to an “outperform” rating and lifted their target price for the stock from $121.00 to $157.00 in a research note on Friday, February 27th. Stifel Nicolaus boosted their price target on shares of Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, February 10th. Royal Bank Of Canada increased their price target 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. Finally, Jefferies Financial Group raised their price objective on shares of Newmont from $162.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, April 10th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $138.26.

Newmont Price Performance

Newmont stock opened at $109.31 on Tuesday. Newmont has a 52 week low of $48.27 and a 52 week high of $134.88. The company’s 50 day moving average price is $115.15 and its two-hundred day moving average price is $104.35. The stock has a market cap of $118.04 billion, a P/E ratio of 17.11, a P/E/G ratio of 0.89 and a beta of 0.46. 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 released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.71. The company had revenue of $6.82 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the prior year, the company posted $1.40 earnings per share. On average, equities analysts predict that Newmont will post 8.83 earnings per share for the current year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 1.0%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. Newmont’s dividend payout ratio is currently 16.28%.

Insider Activity

In other Newmont news, insider David James Fry sold 18,394 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the completion of the transaction, the insider owned 17,147 shares in the company, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total transaction of $339,270.00. Following the completion of the transaction, the executive vice president owned 52,315 shares of the company’s stock, valued at $5,916,303.35. The trade was a 5.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 24,394 shares of company stock valued at $2,713,281. 0.06% of the stock is currently owned by insiders.

Institutional Trading of Newmont

A number of institutional investors have recently modified their holdings of NEM. Norges Bank bought a new stake in Newmont during the 4th quarter valued at $1,443,128,000. Van ECK Associates Corp grew its position in shares of Newmont by 23.4% in the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock valued at $2,973,539,000 after purchasing an additional 5,643,496 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Newmont by 110.4% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 8,743,228 shares of the basic materials company’s stock valued at $873,011,000 after purchasing an additional 4,588,018 shares in the last quarter. AQR Capital Management LLC raised its stake in shares of Newmont by 82.5% during the 4th quarter. AQR Capital Management LLC now owns 7,402,278 shares of the basic materials company’s stock valued at $739,117,000 after purchasing an additional 3,345,543 shares during the period. Finally, Robeco Institutional Asset Management B.V. raised its stake in shares of Newmont by 172.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company’s stock valued at $362,888,000 after purchasing an additional 2,723,044 shares during the period. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: AmericanBankingNews raised Newmont’s price target to $150, providing a bullish analyst viewpoint that could support upside expectations. Price Target Raised to $150
• Neutral Sentiment: Transcript of Newmont’s Q4 2025 earnings call is available — investors should review management’s commentary on production, costs and guidance for signs of near-term operational stress or margin resilience. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Zacks published tactical pieces (a “how to play” note and a Q1 preview) arguing Newmont likely benefited from higher gold prices in Q1 but that production and cost headwinds complicate the outlook — useful context but not an immediate catalyst. How to Play Before Q1 Q1 Preview
• Neutral Sentiment: A sector comparison piece (Barrick vs. Newmont) reiterates that both majors face cost and output pressure even as project pipelines and cash flow remain strengths — useful for relative positioning but not a near-term stock driver. Barrick vs Newmont
• Negative Sentiment: TD Cowen (reported via MarketScreener) cut its price target on Newmont to $116 from $118 and kept a “hold” rating — a near-term negative that reduces analyst-driven upside expectations. TD Cowen Cut BayStreet Report
• Negative Sentiment: Yahoo/Finance coverage highlights operational setbacks that are testing Newmont’s cost discipline and margin resilience — this raises near-term execution risk and helps explain downward pressure on the stock. Operational Setbacks

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.