Newmont (NYSE:NEM) Trading Up 2% on Analyst Upgrade

Newmont Corporation (NYSE:NEM)’s share price shot up 2% during trading on Friday after Sanford C. Bernstein upgraded the stock from a market perform rating to an outperform rating. Sanford C. Bernstein now has a $157.00 price target on the stock, up from their previous price target of $121.00. Newmont traded as high as $131.21 and last traded at $130.0270. 14,703,265 shares changed hands during mid-day trading, an increase of 47% from the average session volume of 9,970,435 shares. The stock had previously closed at $127.47.

Other research analysts have also issued reports about the stock. Scotiabank lifted their price objective on shares of Newmont from $114.00 to $152.00 and gave the company an “outperform” rating in a research note on Monday, January 26th. Argus raised their price target on Newmont from $75.00 to $94.00 in a report on Friday, November 21st. TD Cowen upped their price objective on Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research note on Thursday, January 22nd. The Goldman Sachs Group increased their price objective on Newmont from $99.90 to $123.90 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, National Bank Financial boosted their target price on Newmont from $120.00 to $140.00 and gave the company an “outperform” rating in a report on Wednesday, February 4th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $134.15.

Insider Activity

In related news, Director Bruce R. Brook sold 2,080 shares of the firm’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the sale, the director owned 32,709 shares in the company, valued at $3,021,003.24. This trade represents a 5.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by corporate insiders.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

Institutional Investors Weigh In On Newmont

Institutional investors and hedge funds have recently modified their holdings of the company. GoalVest Advisory LLC acquired a new stake in Newmont in the fourth quarter valued at $25,000. Swiss RE Ltd. purchased a new stake in shares of Newmont in the 4th quarter worth about $26,000. Cornerstone Planning Group LLC grew its stake in Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after acquiring an additional 206 shares during the last quarter. Lodestone Wealth Management LLC purchased a new position in Newmont during the 4th quarter valued at about $28,000. Finally, Laurel Wealth Advisors LLC purchased a new position in Newmont during the 4th quarter valued at about $30,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Trading Up 2.0%

The company has a market cap of $141.45 billion, a price-to-earnings ratio of 20.35, a PEG ratio of 1.09 and a beta of 0.40. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. The business’s 50-day simple moving average is $115.77 and its 200-day simple moving average is $94.97.

Newmont (NYSE:NEM) last issued its quarterly earnings data 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 return on equity of 23.28% and a net margin of 31.25%.The firm had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period in the previous year, the firm posted $1.40 EPS. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. Research analysts predict that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be given a $0.26 dividend. This is an increase from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Tuesday, March 3rd. Newmont’s dividend payout ratio (DPR) is currently 15.65%.

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.