Newmont (NYSE:NEM) Price Target Raised to $133.00 at Macquarie Infrastructure

Newmont (NYSE:NEM) had its price objective increased by Macquarie Infrastructure from $130.00 to $133.00 in a report issued on Monday morning,MarketScreener reports. They currently have an outperform rating on the basic materials company’s stock.

Other equities analysts have also issued research reports about the stock. BNP Paribas Exane increased their price objective on shares of Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Zacks Research cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Friday, April 3rd. Bank of America increased their price target on shares of Newmont from $134.00 to $151.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Scotiabank reduced their price objective on Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a research note on Friday, March 20th. Finally, TD Cowen restated a “buy” rating on shares of Newmont in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $141.91.

Newmont Trading Down 3.8%

Shares of NEM stock opened at $116.11 on Monday. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $123.95 billion, a price-to-earnings ratio of 15.06, a price-to-earnings-growth ratio of 0.92 and a beta of 0.46. Newmont has a 12-month low of $48.27 and a 12-month high of $134.88. The stock’s 50-day moving average price is $114.45 and its 200-day moving average price is $105.12.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. The company had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The firm’s revenue was up 45.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.25 earnings per share. Equities research analysts predict that Newmont will post 8.91 EPS for the current fiscal year.

Newmont Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont’s dividend payout ratio (DPR) is presently 13.49%.

Insider Activity at Newmont

In other news, insider David James Fry sold 18,394 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the transaction, the insider owned 17,147 shares of the company’s stock, valued at approximately $1,911,033.15. This represents a 51.75% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president directly owned 52,315 shares of the company’s stock, valued at $5,916,303.35. This represents a 5.42% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 24,394 shares of company stock valued at $2,713,281 in the last 90 days. Company insiders own 0.06% of the company’s stock.

Institutional Trading of Newmont

Large investors have recently made changes to their positions in the stock. GoalVest Advisory LLC purchased a new stake in Newmont in the 4th quarter valued at about $25,000. Pinnacle Bancorp Inc. purchased a new position in shares of Newmont during the first quarter worth approximately $25,000. Physician Wealth Advisors Inc. grew its stake in Newmont by 327.8% in the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares in the last quarter. Swiss RE Ltd. bought a new position in Newmont in the fourth quarter worth approximately $26,000. Finally, Cornerstone Planning Group LLC increased its holdings in Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 206 shares during the period. 68.85% of the stock is owned by hedge funds and other institutional investors.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: TD raised its price target on NEM to $129 (from $116) and kept a “hold” rating — a signal of analyst conviction that supports upside. TD raises price target on Newmont
• Positive Sentiment: Macquarie lifted its price target to $133 and maintained an “outperform” rating, adding further analyst support for shares. Macquarie adjusts price target on Newmont
• Positive Sentiment: Zacks published bullish coverage calling Newmont a “strong momentum stock,” which can attract momentum-oriented flows and retail interest. Here’s Why Newmont is a Strong Momentum Stock
• Positive Sentiment: Coverage highlighting Newmont as a top copper play supports a longer-term growth narrative tied to base metals demand (positive fundamental angle beyond gold). Why Newmont is One of the Best Copper Stocks
• Neutral Sentiment: Increased search and attention on Newmont from Zacks/Yahoo indicates heightened investor interest, but not a clear directional catalyst by itself. Investors Heavily Search Newmont
• Neutral Sentiment: ETF reconstitution coverage (VictoryShares GFLW) that mentions free-cash-flow leaders can affect index/ETF flows if Newmont is in scope, but impact depends on inclusion decisions. Metal, Chips, & Cash: Q1 ‘26 Additions to VictoryShares GFLW
• Negative Sentiment: Ghana directed a shift to local contractors by Dec‑2026, which could raise operating costs, complicate local partnerships and pressure margins/ESG narratives for Newmont’s Ghana operations. Ghana contractor shift tests Newmont
• Negative Sentiment: A pullback in gold and the XAU index reduces near-term revenue/price tailwinds for gold miners, creating downward pressure on Newmont despite company- and analyst-level positives. Gold’s worst pullback in months

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.