Andra AP fonden Increases Position in Newmont Corporation $NEM

Andra AP fonden boosted its position in Newmont Corporation (NYSE:NEM) by 603.3% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 169,500 shares of the basic materials company’s stock after acquiring an additional 145,400 shares during the quarter. Andra AP fonden’s holdings in Newmont were worth $14,291,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Newmont during the 2nd quarter valued at about $919,170,000. Invesco Ltd. raised its stake in shares of Newmont by 45.0% during the second quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock worth $908,152,000 after acquiring an additional 4,839,447 shares in the last quarter. Legal & General Group Plc raised its stake in shares of Newmont by 6.3% during the second quarter. Legal & General Group Plc now owns 7,444,729 shares of the basic materials company’s stock worth $433,236,000 after acquiring an additional 438,748 shares in the last quarter. Boston Partners lifted its holdings in shares of Newmont by 4,090.7% in the 2nd quarter. Boston Partners now owns 4,643,057 shares of the basic materials company’s stock worth $272,558,000 after acquiring an additional 4,532,263 shares during the last quarter. Finally, National Pension Service boosted its stake in shares of Newmont by 2.7% in the 3rd quarter. National Pension Service now owns 4,354,264 shares of the basic materials company’s stock valued at $367,108,000 after purchasing an additional 114,949 shares in the last quarter. Institutional investors own 68.85% of the company’s stock.

Insider Activity

In other news, Director Bruce R. Brook sold 2,080 shares of the stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $92.36, for a total transaction of $192,108.80. Following the sale, the director owned 32,709 shares in the company, valued at $3,021,003.24. This represents a 5.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Corporate insiders own 0.05% of the company’s stock.

Newmont News Summary

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

Newmont Price Performance

Shares of NYSE NEM opened at $130.03 on Friday. The company has a 50 day simple moving average of $115.77 and a two-hundred day simple moving average of $94.97. Newmont Corporation has a fifty-two week low of $41.23 and a fifty-two week high of $134.88. The company has a market capitalization of $141.45 billion, a price-to-earnings ratio of 20.35, a P/E/G ratio of 1.09 and a beta of 0.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter in the previous year, the business earned $1.40 earnings per share. The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. Analysts expect that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be issued a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.8%. This is a boost from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s dividend payout ratio is presently 15.65%.

Analysts Set New Price Targets

A number of brokerages recently commented on NEM. Argus lifted their target price on shares of Newmont from $75.00 to $94.00 in a research report on Friday, November 21st. UBS Group reiterated a “buy” rating and issued a $160.00 price objective on shares of Newmont in a report on Friday, January 30th. Scotiabank increased their target price on Newmont from $114.00 to $152.00 and gave the company an “outperform” rating in a report on Monday, January 26th. Wall Street Zen lowered Newmont from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Stifel Nicolaus boosted their price objective on Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Newmont currently has an average rating of “Moderate Buy” and a consensus target price of $134.15.

Newmont 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.