Allspring Global Investments Holdings LLC Acquires 175,576 Shares of Newmont Corporation $NEM

Allspring Global Investments Holdings LLC grew its holdings in shares of Newmont Corporation (NYSE:NEM) by 21.4% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 997,126 shares of the basic materials company’s stock after purchasing an additional 175,576 shares during the period. Allspring Global Investments Holdings LLC owned about 0.09% of Newmont worth $100,929,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the stock. GoalVest Advisory LLC acquired a new position in Newmont in the 4th quarter valued at $25,000. Physician Wealth Advisors Inc. grew its holdings in shares of Newmont by 327.8% during the 3rd 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. JPL Wealth Management LLC bought a new position in shares of Newmont in the third quarter worth $27,000. Capital A Wealth Management LLC raised its stake in Newmont by 1,648.3% in the second 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 in the second quarter valued at about $31,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Macquarie issued a buy call on Newmont, which likely supported buying interest by signaling institutional confidence in the name. Read More.
• Positive Sentiment: Bullish research and commentaries are highlighting Newmont’s strong fundamentals (record 2025 revenue/free cash flow, low leverage, and shareholder returns), framing the recent pullback as a buying opportunity. These pieces can trigger momentum buying from value and income investors. Read More.
• Positive Sentiment: Additional buy-side narratives and analyst-style writeups list reasons to buy (operational scale, buybacks/dividends, gold exposure), reinforcing the positive sentiment among retail and institutional investors. Read More.
• Positive Sentiment: Zacks highlighted Newmont as a strong growth stock based on style/score metrics, adding another data point for investors using quant screens. Read More.
• Neutral Sentiment: Newmont scheduled its Q1 2026 results release and conference call for April 23 — a near‑term catalyst that can increase volatility and focus trading flows as investors position ahead of the print. Read More.
• Neutral Sentiment: Market commentaries are urging investors to reassess Newmont after sharp intra‑month swings; these pieces can amplify short‑term trading but are informational rather than fundamentally changing the outlook. Read More.
• Negative Sentiment: UBS trimmed its price target on NEM to $140 — a downgrade in outlook that could limit upside for some institutional investors and temper enthusiasm despite remaining above current levels. Read More.
• Negative Sentiment: Some analyst pieces urge caution on 2026 expectations (forecast risk if gold prices weaken or guidance misses), which can spur profit‑taking among traders sensitive to commodity cycles. Read More.

Insiders Place Their Bets

In related news, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction 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 sale, the insider owned 17,147 shares of the company’s stock, valued at $1,911,033.15. This trade represents a 51.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Wednesday, March 18th. The stock was sold at an average price of $108.00, for a total value of $324,000.00. Following the sale, the executive vice president owned 55,315 shares in the company, valued at $5,974,020. This represents a 5.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.05% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. TD Cowen boosted their target price on shares of Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Canadian Imperial Bank of Commerce reduced their price target on shares of Newmont from $71.00 to $67.00 in a research report on Friday, February 27th. Jefferies Financial Group lifted their price objective on shares of Newmont from $158.00 to $162.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. DZ Bank upgraded shares of Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Finally, Sanford C. Bernstein upgraded Newmont from a “market perform” rating to an “outperform” rating and upped their target price for the stock from $121.00 to $157.00 in a research note on Friday, February 27th. Three 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 company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $133.57.

Newmont Stock Up 4.8%

NEM stock opened at $108.04 on Wednesday. The firm has a 50-day moving average price of $116.59 and a 200-day moving average price of $100.93. Newmont Corporation has a 12 month low of $42.93 and a 12 month high of $134.88. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. The stock has a market capitalization of $116.68 billion, a P/E ratio of 16.91, a price-to-earnings-growth ratio of 0.80 and a beta of 0.39.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.81 by $0.71. The company had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The firm’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, equities research analysts anticipate that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were paid a dividend of $0.26 per share. 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%.

Newmont Company 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.