Newmont (NYSE:NEM) Price Target Lowered to $116.00 at TD Cowen

Newmont (NYSE:NEM) had its target price reduced by TD Cowen from $118.00 to $116.00 in a report released on Tuesday,MarketScreener reports. TD Cowen currently has a hold rating on the basic materials company’s stock.

Several other equities research analysts have also recently issued reports on NEM. Canaccord Genuity Group raised their target price on Newmont from $140.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, April 17th. BMO Capital Markets cut their target price on Newmont from $145.00 to $140.00 and set an “outperform” rating for the company in a research note on Friday, February 20th. Wall Street Zen cut Newmont from a “buy” rating to a “hold” rating in a research note on Saturday, April 4th. TD Securities cut their target price on Newmont from $120.00 to $118.00 and set a “hold” rating for the company in a research note on Tuesday, March 3rd. Finally, Macquarie Infrastructure raised their target price on Newmont from $126.00 to $130.00 and gave the stock an “outperform” rating in a research note on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and six have given a Hold rating to the company. According to MarketBeat, Newmont currently has an average rating of “Moderate Buy” and an average target price of $138.26.

Newmont Price Performance

NEM stock opened at $109.31 on Tuesday. The business has a fifty day moving average of $115.15 and a two-hundred day moving average of $104.35. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The stock has a market cap of $118.04 billion, a price-to-earnings ratio of 17.11, a price-to-earnings-growth ratio of 0.89 and a beta of 0.46. Newmont has a 52-week low of $48.27 and a 52-week high of $134.88.

Newmont (NYSE:NEM) last posted its 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. The company 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%.The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.40 earnings per share. As a group, research analysts anticipate that Newmont will post 8.83 earnings per share for the current year.

Newmont Increases Dividend

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

Insiders Place Their Bets

In other news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total value of $339,270.00. Following the completion of the sale, the executive vice president directly owned 52,315 shares of the company’s stock, valued at approximately $5,916,303.35. The trade was a 5.42% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider David James Fry sold 18,394 shares of Newmont 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 directly owned 17,147 shares of the company’s stock, valued at $1,911,033.15. The trade was a 51.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,394 shares of company stock valued at $2,713,281 over the last ninety days. Insiders own 0.06% of the company’s stock.

Institutional Investors Weigh In On Newmont

A number of institutional investors have recently modified their holdings of NEM. Norges Bank acquired a new stake in shares of Newmont in the fourth quarter valued at $1,443,128,000. Van ECK Associates Corp grew its stake 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 buying an additional 5,643,496 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its stake 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 buying an additional 4,588,018 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of Newmont by 82.5% in the fourth quarter. AQR Capital Management LLC now owns 7,402,278 shares of the basic materials company’s stock valued at $739,117,000 after buying an additional 3,345,543 shares in the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its stake in shares of Newmont by 172.2% in the third 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 buying an additional 2,723,044 shares in the last quarter. 68.85% of the stock is owned by institutional investors and hedge funds.

Newmont News Roundup

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

About Newmont

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.