6,759 Shares in Newmont Corporation $NEM Purchased by VUB Generali dochodkova spravcovska spolocnost a.s.

VUB Generali dochodkova spravcovska spolocnost a.s. acquired a new position in shares of Newmont Corporation (NYSE:NEM) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,759 shares of the basic materials company’s stock, valued at approximately $780,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in NEM. Accel Wealth Management raised its stake in Newmont by 0.8% in the second quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock valued at $1,377,000 after purchasing an additional 115 shares in the last quarter. Compound Planning Inc. grew its stake in Newmont by 0.6% during the first quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company’s stock worth $2,294,000 after buying an additional 121 shares in the last quarter. Zhang Financial LLC grew its stake in Newmont by 0.8% during the first quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company’s stock worth $1,707,000 after buying an additional 124 shares in the last quarter. Heartland Bank & Trust Co grew its stake in Newmont by 3.0% during the first quarter. Heartland Bank & Trust Co now owns 4,331 shares of the basic materials company’s stock worth $469,000 after buying an additional 127 shares in the last quarter. Finally, Bridgewater Advisors Inc. increased its holdings in Newmont by 3.6% in the 1st quarter. Bridgewater Advisors Inc. now owns 3,851 shares of the basic materials company’s stock valued at $449,000 after buying an additional 133 shares during the period. 68.85% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Newmont

In related news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Thursday, October 1st. The stock was sold at an average price of $114.81, for a total transaction of $344,430.00. Following the sale, the executive vice president owned 34,315 shares in the company, valued at $3,939,705.15. The trade was a 8.04% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total value of $807,456.00. Following the completion of the transaction, the chief executive officer directly owned 135,235 shares of the company’s stock, valued at approximately $14,064,440. The trade was a 5.43% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 35,973 shares of company stock worth $3,927,169. Corporate insiders own 0.06% of the company’s stock.

Newmont Stock Up 1.3%

NEM stock opened at $110.33 on Tuesday. The stock has a market capitalization of $116.26 billion, a P/E ratio of 12.83, a price-to-earnings-growth ratio of 2.01 and a beta of 0.51. The company has a current ratio of 2.45, a quick ratio of 2.16 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 12 month low of $76.05 and a 12 month high of $135.29. The firm has a 50-day moving average price of $121.66 and a 200-day moving average price of $112.44.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.26. The company had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.27 billion. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The firm’s revenue was up 15.2% on a year-over-year basis. During the same period in the previous year, the firm posted $1.71 EPS. As a group, equities research analysts anticipate that Newmont Corporation will post 9.07 EPS for the current fiscal year.

Newmont Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. Newmont’s dividend payout ratio is 12.09%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on NEM shares. TD boosted their target price on shares of Newmont from $127.00 to $133.00 and gave the company a “buy” rating in a research report on Wednesday, August 12th. Weiss Ratings upgraded shares of Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Barclays decreased their price objective on shares of Newmont from $124.00 to $123.00 and set an “overweight” rating on the stock in a research note on Monday, October 19th. TD Cowen lowered their price objective on shares of Newmont from $133.00 to $131.00 in a research report on Tuesday, October 20th. Finally, Sanford C. Bernstein upped their target price on Newmont from $144.00 to $150.00 in a research note on Friday, October 16th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $137.25.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont reported record third-quarter adjusted earnings of $2.20 per share, beating the $1.94 consensus estimate, while revenue increased 15.2% year over year to $6.36 billion. Strong gold prices near $4,000, improved cost guidance, free cash flow, share buybacks and dividends support the bullish case. Newmont’s Record Quarter Shows Why Gold’s Floor Is the Real Story
• Positive Sentiment: Bank of America reaffirmed its Buy rating, and other analysts remain constructive on Newmont and the materials sector. Longer-term projects, including Fourmile and the Red Chris Block Cave upgrade, could expand the portfolio and lower costs after 2030. Bank of America Reaffirms Buy Rating
• Neutral Sentiment: Investor interest has increased, with Newmont appearing among the stocks most watched by Zacks users. That attention reflects the company’s earnings momentum and gold exposure but is not, by itself, a fundamental catalyst. Newmont Attracting Investor Attention
• Negative Sentiment: Macquarie lowered its price target to $128 from $134, while Morgans Financial downgraded the shares to Accumulate and reduced its target to AU$177. These actions may weigh on sentiment despite continued analyst support. Macquarie Adjusts Newmont Price Target
• Negative Sentiment: Cost pressures remain a key risk. Inflation, higher oil and energy prices, and Ghana’s increased royalty burden could extend cost growth into 2027, potentially limiting margin expansion even if gold prices remain strong. Newmont Nevada NAV Climbs but Cost Creep Continues

Newmont Company Profile

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.