Stevens Capital Management LP Grows Stock Holdings in Newmont Corporation $NEM

Stevens Capital Management LP lifted its position in Newmont Corporation (NYSE:NEM) by 80.9% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 15,932 shares of the basic materials company’s stock after buying an additional 7,125 shares during the quarter. Stevens Capital Management LP’s holdings in Newmont were worth $1,343,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently bought and sold shares of NEM. Norges Bank purchased a new stake in Newmont during the second quarter worth about $919,170,000. Invesco Ltd. boosted its stake in shares of Newmont by 45.0% in the second quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock valued at $908,152,000 after purchasing an additional 4,839,447 shares during the period. Legal & General Group Plc grew its holdings in shares of Newmont by 6.3% in the second quarter. Legal & General Group Plc now owns 7,444,729 shares of the basic materials company’s stock valued at $433,236,000 after purchasing an additional 438,748 shares in the last quarter. Boston Partners increased its stake in Newmont by 4,090.7% during the 2nd quarter. Boston Partners now owns 4,643,057 shares of the basic materials company’s stock worth $272,558,000 after buying an additional 4,532,263 shares during the period. Finally, National Pension Service lifted its holdings in Newmont by 2.7% during the 3rd quarter. National Pension Service now owns 4,354,264 shares of the basic materials company’s stock worth $367,108,000 after buying an additional 114,949 shares in the last quarter. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Newmont Stock Down 2.6%

Shares of NYSE NEM opened at $122.16 on Friday. The business has a 50-day moving average of $113.12 and a two-hundred day moving average of $92.97. The company has a market capitalization of $133.31 billion, a price-to-earnings ratio of 19.12, a price-to-earnings-growth ratio of 1.05 and a beta of 0.40. Newmont Corporation has a 1 year low of $41.23 and a 1 year high of $134.88. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 1.74.

Newmont (NYSE:NEM) last issued its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. Newmont had a return on equity of 23.58% and a net margin of 31.25%.The business’s quarterly revenue was up 20.6% on a year-over-year basis. During the same quarter last year, the company earned $1.40 EPS. On average, analysts forecast 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 dividend of $0.26 per share. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. This is a boost from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is presently 15.65%.

Insider Activity

In other news, Director Bruce R. Brook sold 2,080 shares of the company’s stock in a transaction on 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 transaction, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. This represents a 5.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have commented on NEM shares. Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 29th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and set a $177.00 target price on shares of Newmont in a research note on Wednesday, February 4th. Royal Bank Of Canada upped their price target on Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Macquarie Infrastructure lifted their price objective on Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Finally, UBS Group reissued a “buy” rating and set a $160.00 price objective on shares of Newmont in a research report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Newmont has an average rating of “Moderate Buy” and a consensus price target of $131.66.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat expectations: Q4 EPS of $2.52 and revenue of $6.82B topped estimates, driven by higher realized gold prices and margin expansion. Read More.
• Positive Sentiment: Record free cash flow and strong profitability in 2025 supported balance sheet and capital flexibility — a reason some investors remain constructive. Read More.
• Positive Sentiment: Dividend increase: the company raised the quarterly payout to $0.26 (4% increase), signaling continued shareholder returns. Read More.
• Neutral Sentiment: Mineral reserves declined to 118.2M attributable gold ounces at year‑end 2025 versus 134.1M in 2024 — management attributes the drop mainly to divestments rather than operating shortfalls. Read More.
• Neutral Sentiment: Analyst framing remains mixed-to-favorable: many firms still rate NEM buy/outperform and Zacks highlights it as a strong growth stock based on style scores, leaving upside potential for longer‑term investors. Read More.
• Negative Sentiment: 2026 guidance disappointed: management forecast ~5.3M oz attributable gold production (below 2025), AISC around ~$1,680/oz and sizable sustaining/development capital spending — the softer outlook is the main near‑term headwind. Read More.
• Negative Sentiment: “Sell‑the‑news” reaction: after the strong quarter, investors focused on the muted 2026 outlook and the stock pulled back as a result. Read More.
• Negative Sentiment: Analyst/pricing moves and insider/institutional flows: BMO trimmed its price target (from $145 to $140) and filings show notable insider sales and large institutional reallocations (some big holders reduced positions), which likely added selling pressure. Read More.
• Negative Sentiment: Median analyst targets and positioning: recent medians/targets (Quiver/other services) show some targets below the current price, reinforcing mixed near‑term sentiment. Read More.

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.