Coastline Trust Co Makes New $1.14 Million Investment in Newmont Corporation $NEM

Coastline Trust Co bought a new stake in Newmont Corporation (NYSE:NEM) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 11,425 shares of the basic materials company’s stock, valued at approximately $1,141,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. GoalVest Advisory LLC purchased a new stake in shares of Newmont during the 4th quarter worth approximately $25,000. Physician Wealth Advisors Inc. grew its holdings in shares of Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 236 shares during the period. JPL Wealth Management LLC purchased a new position in Newmont in the 3rd quarter valued at approximately $27,000. Capital A Wealth Management LLC increased its stake in Newmont by 1,648.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 478 shares in the last quarter. Finally, Caldwell Trust Co acquired a new position in Newmont during the second quarter worth $31,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have commented on NEM shares. Jefferies Financial Group boosted their target price on Newmont from $158.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Royal Bank Of Canada lifted their price target on Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. Macquarie Infrastructure boosted their price objective on shares of Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a research report on Friday, February 6th. The Goldman Sachs Group raised their price objective on shares of Newmont from $99.90 to $123.90 and gave the stock a “buy” rating in a research note on Monday, January 12th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a research report on Monday, December 29th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $134.15.

Newmont Stock Down 7.1%

Shares of NYSE NEM opened at $98.93 on Friday. Newmont Corporation has a 1 year low of $42.93 and a 1 year high of $134.88. The firm’s 50 day moving average price is $118.70 and its 200 day moving average price is $99.25. The firm has a market cap of $107.63 billion, a P/E ratio of 15.48, a price-to-earnings-growth ratio of 0.82 and a beta of 0.39. 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 issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share 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 the consensus estimate of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.Newmont’s revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.40 EPS. As a group, sell-side analysts anticipate that Newmont Corporation will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The firm also recently declared 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 is a positive change from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a yield of 1.1%. Newmont’s dividend payout ratio (DPR) is presently 16.28%.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Analyst support and price targets remain constructive — several firms maintain buy/outperform ratings and elevated price targets that suggest upside if bullion stabilizes. Read More.
• Positive Sentiment: Long-term value narrative persists — recent write-ups (Zacks, MSN) highlight Newmont’s cash flow profile, dividend and scale as attractive for long-term investors despite current volatility. Read More. Read More.
• Neutral Sentiment: Planned executive 10b5‑1 sale disclosed — routine, pre‑arranged plan announced for a small scheduled sale, typically neutral for fundamentals but noted by traders. Read More.
• Neutral Sentiment: Market reports are emphasizing the stock’s larger-than-market drop and high intraday volume as context — coverage consolidates the same drivers for traders. Read More.
• Negative Sentiment: Rising fuel and input costs plus softer bullion are putting pressure on margins — Benzinga reports fuel-cost headwinds while gold weakness reduces per‑ounce profitability. Read More.
• Negative Sentiment: Macro backdrop: Fed signaling fewer cuts and dollar strength have softened gold, amplifying downside for gold miners on risk-off days. Coverage links the Fed outlook to the stock’s move. Read More.
• Negative Sentiment: Company guidance and 2026 outlook increase sensitivity — investors are revisiting guidance that implies lower attributable gold volumes and higher all‑in sustaining costs for 2026, which magnifies downside when gold weakens. Read More.
• Negative Sentiment: Insider selling: a recent open‑market sale by a senior insider (~18,394 shares) is being flagged by the market and can worsen sentiment during a selloff. Read More.

Insider Activity at Newmont

In other news, insider David James Fry sold 18,394 shares of the company’s 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 of the company’s stock, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.05% of the stock is currently owned by corporate insiders.

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.