Ninepoint Partners LP Invests $927,000 in Newmont Corporation $NEM

Ninepoint Partners LP purchased a new stake in shares of Newmont Corporation (NYSE:NEM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 11,000 shares of the basic materials company’s stock, valued at approximately $927,000.

Several other hedge funds and other institutional investors have also modified their holdings of NEM. Colonial Trust Advisors increased its position in Newmont by 20.8% during the 3rd quarter. Colonial Trust Advisors now owns 684 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 118 shares in the last quarter. Harbor Capital Advisors Inc. increased its position in shares of Newmont by 53.5% in the third quarter. Harbor Capital Advisors Inc. now owns 399 shares of the basic materials company’s stock worth $34,000 after acquiring an additional 139 shares in the last quarter. HHM Wealth Advisors LLC raised its stake in shares of Newmont by 26.4% in the 3rd quarter. HHM Wealth Advisors LLC now owns 670 shares of the basic materials company’s stock valued at $56,000 after acquiring an additional 140 shares during the period. Fielder Capital Group LLC lifted its holdings in shares of Newmont by 1.7% during the 3rd quarter. Fielder Capital Group LLC now owns 8,390 shares of the basic materials company’s stock valued at $707,000 after acquiring an additional 141 shares in the last quarter. Finally, Summit Financial Wealth Advisors LLC boosted its position in Newmont by 2.3% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 6,584 shares of the basic materials company’s stock worth $566,000 after purchasing an additional 145 shares during the period. 68.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Newmont news, Director Bruce R. Brook sold 2,080 shares of Newmont stock in a transaction that occurred on Monday, December 1st. The stock was sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the transaction, the director directly owned 32,709 shares in the company, valued at $3,021,003.24. The trade was a 5.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 0.05% of the company’s stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

Newmont Stock Up 2.0%

NYSE:NEM opened at $130.03 on Friday. The stock has a 50-day simple moving average of $115.77 and a 200 day simple moving average of $94.97. Newmont Corporation has a one year low of $41.23 and a one year high of $134.88. The company has a market capitalization of $141.45 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.09 and a beta of 0.40. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The company had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter last year, the business posted $1.40 EPS. Newmont’s quarterly revenue was up 20.6% compared to the same quarter last year. Sell-side analysts predict that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be paid a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 0.8%. Newmont’s payout ratio is presently 15.65%.

Analyst Ratings Changes

A number of research analysts have commented on NEM shares. Wall Street Zen cut Newmont from a “buy” rating to a “hold” rating in a research note on Saturday. BMO Capital Markets reduced their price target on Newmont from $145.00 to $140.00 and set an “outperform” rating on the stock in a research report on Friday, February 20th. Canaccord Genuity Group upped their price target on Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Royal Bank Of Canada lifted their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. Finally, BNP Paribas Exane upped their target price on shares of Newmont from $97.00 to $123.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $134.15.

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.