Newmont Corporation $NEM Shares Newly Acquired by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. acquired a new stake in shares of Newmont Corporation (NYSE:NEM) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,160 shares of the basic materials company’s stock, valued at approximately $4,401,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Accel Wealth Management raised its stake in shares of Newmont by 0.8% in the second quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock worth $1,377,000 after purchasing an additional 115 shares during the last quarter. Compound Planning Inc. grew its holdings in shares of Newmont by 0.6% in the first quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company’s stock valued at $2,294,000 after acquiring an additional 121 shares in the last quarter. Center for Financial Planning Inc. increased its position in shares of Newmont by 6.7% during the third quarter. Center for Financial Planning Inc. now owns 1,921 shares of the basic materials company’s stock valued at $222,000 after acquiring an additional 121 shares during the last quarter. Zhang Financial LLC raised its stake in shares of Newmont by 0.8% during the 1st quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company’s stock worth $1,707,000 after purchasing an additional 124 shares during the period. Finally, Heartland Bank & Trust Co raised its position in Newmont by 3.0% in the first quarter. Heartland Bank & Trust Co now owns 4,331 shares of the basic materials company’s stock worth $469,000 after acquiring an additional 127 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Stock Down 5.0%

Shares of Newmont stock opened at $112.57 on Friday. The stock has a market capitalization of $116.98 billion, a price-to-earnings ratio of 13.09, a P/E/G ratio of 2.58 and a beta of 0.56. Newmont Corporation has a 52-week low of $81.34 and a 52-week high of $135.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45. The company’s 50 day moving average price is $118.36 and its 200-day moving average price is $112.40.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, beating the consensus estimate of $1.94 by $0.26. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The firm had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.27 billion. During the same period in the prior year, the firm posted $1.71 earnings per share. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. Equities research analysts forecast that Newmont Corporation will post 9.18 EPS for the current year.

Newmont Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on NEM shares. Weiss Ratings raised Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Canadian Imperial Bank of Commerce set a $154.00 price target on shares of Newmont in a report on Friday, October 16th. Argus set a $110.00 price objective on shares of Newmont and gave the company a “buy” rating in a research report on Monday, August 3rd. Freedom Broker cut Newmont from a “buy” rating to a “hold” rating and decreased their price objective for the company from $130.00 to $116.00 in a report on Thursday, October 22nd. Finally, The Goldman Sachs Group dropped their target price on Newmont from $127.50 to $119.00 in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $137.20.

Insider Activity

In other news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $108.04, for a total value of $324,120.00. Following the sale, the executive vice president directly owned 31,315 shares of the company’s stock, valued at $3,383,272.60. This represents a 8.74% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The shares were sold at an average price of $108.04, for a total transaction of $419,411.28. Following the transaction, the chief executive officer directly owned 101,691 shares of the company’s stock, valued at $10,986,695.64. This represents a 3.68% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 20,646 shares of company stock valued at $2,380,140 over the last 90 days. 0.06% of the stock is currently owned by company insiders.

About Newmont

Newmont Corporation is a gold-focused mining company that explores for, develops, and operates mines. Its products include gold as well as copper, silver, zinc, and lead, which are produced at some of its mining operations. Founded in 1921, Newmont has grown through exploration and acquisitions into an international mining company. Its operations and projects span North America, South America, Australia, and Africa. Newmont is headquartered in Denver, Colorado. Natascha Viljoen became the company’s chief executive officer in 2025, succeeding Tom Palmer.