Montz Harcus Wealth Management LLC Takes Position in Newmont Corporation $NEM

Montz Harcus Wealth Management LLC purchased a new position in shares of Newmont Corporation (NYSE:NEM) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 6,161 shares of the basic materials company’s stock, valued at approximately $129,000.

Other hedge funds have also recently modified their holdings of the company. Leonteq Securities AG acquired a new stake in shares of Newmont in the 4th quarter valued at approximately $9,018,000. ARS Investment Partners LLC grew its holdings in Newmont by 3.6% during the fourth quarter. ARS Investment Partners LLC now owns 697,063 shares of the basic materials company’s stock worth $69,602,000 after acquiring an additional 23,900 shares during the period. Northwestern Mutual Wealth Management Co. acquired a new position in Newmont during the second quarter worth $36,180,000. Asset One Wealth Management LLC purchased a new position in Newmont in the second quarter worth $2,866,000. Finally, Private Advisory Group LLC acquired a new stake in Newmont in the second quarter valued at $10,430,000. 68.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Newmont

In other Newmont news, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total transaction of $477,486.00. Following the completion of the transaction, the chief executive officer directly owned 131,353 shares in the company, valued at approximately $16,156,419. This trade represents a 2.87% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the transaction, the chief financial officer owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 32,091 shares of company stock valued at $3,414,187. Insiders own 0.06% of the company’s stock.

Newmont Stock Up 4.3%

NEM opened at $130.59 on Friday. The business’s fifty day moving average is $106.54 and its two-hundred day moving average is $109.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. The company has a market cap of $137.60 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.76 and a beta of 0.52. Newmont Corporation has a one year low of $73.44 and a one year high of $135.29.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. During the same quarter in the prior year, the company earned $1.43 earnings per share. Analysts anticipate that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Thursday, September 3rd. Newmont’s dividend payout ratio is presently 13.13%.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s recent quarterly update continues to support investor sentiment: the company reported approximately 1.3 million attributable gold ounces, record quarterly free cash flow of $2.2 billion, maintained its 2026 production guidance and declared a $0.26-per-share dividend. Why Newmont Corporation Stock Is Up Today
• Positive Sentiment: A recent valuation analysis characterized Newmont as financially resilient, citing a net margin of roughly 33%, strong cash generation, low leverage and a forward P/E near 14.5. The company’s $1.95 billion payment to Barrick to finalize the Nevada Gold Mines joint-venture settlement also strengthens its control of a major production base. Newmont Stock Analysis
• Neutral Sentiment: Analysts’ recent price targets have a median of $140, suggesting potential upside from current levels, although targets range widely from $120 to $176 and remain sensitive to gold prices, interest rates and mining costs. Newmont Price Targets
• Negative Sentiment: Newmont CEO Natascha Viljoen sold 3,882 shares worth approximately $477,000, while EVP Peter Toth sold 3,000 shares worth about $369,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their holdings but not necessarily signaling a change in business outlook. Newmont Insider Transactions
• Negative Sentiment: Insider activity has been one-sided over the past six months, with reported sales and no purchases. High Treasury yields also remain a risk because they raise the opportunity cost of holding gold, while inflation and energy costs could pressure mining margins. Newmont Insider and Market Analysis

Analyst Ratings Changes

NEM has been the topic of several research analyst reports. Weiss Ratings lowered shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. Bank of America cut their price target on shares of Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a report on Thursday, July 9th. National Bank Financial reduced their price objective on shares of Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a research note on Tuesday, July 14th. TD Securities raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Finally, Macquarie Infrastructure lowered their target price on shares of Newmont from $133.00 to $123.00 and set an “outperform” rating on the stock in a research report on Monday, June 15th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $132.73.

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.