Newmont Corporation $NEM Shares Acquired by Proficio Capital Partners LLC

Proficio Capital Partners LLC grew its holdings in Newmont Corporation (NYSE:NEM) by 55.9% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,719 shares of the basic materials company’s stock after acquiring an additional 4,558 shares during the period. Proficio Capital Partners LLC’s holdings in Newmont were worth $1,188,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the business. Pinnacle Bancorp Inc. acquired a new stake in Newmont during the 1st quarter worth about $25,000. Cedar Mountain Advisors LLC acquired a new position in shares of Newmont in the 1st quarter valued at about $25,000. Clearstead Trust LLC purchased a new stake in shares of Newmont in the second quarter worth about $25,000. Kilter Group LLC acquired a new stake in Newmont during the second quarter worth about $26,000. Finally, Swiss RE Ltd. purchased a new position in Newmont during the fourth quarter valued at approximately $26,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Insider Buying and Selling at Newmont

In other news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $93.45, for a total value of $280,350.00. Following the sale, the executive vice president owned 40,315 shares of the company’s stock, valued at $3,767,436.75. The trade was a 6.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,091 shares of company stock valued at $3,292,513 over the last quarter. 0.06% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

NEM has been the topic of a number of analyst reports. Jefferies Financial Group dropped their price objective on shares of Newmont from $158.00 to $146.00 and set a “buy” rating on the stock in a research note on Monday, July 6th. BNP Paribas Exane dropped their price target on shares of Newmont from $111.00 to $102.00 and set a “neutral” rating on the stock in a research report on Tuesday, July 21st. BMO Capital Markets cut their price objective on shares of Newmont from $145.00 to $135.00 and set an “outperform” rating for the company in a report on Tuesday, June 23rd. Citigroup decreased their price objective on shares of Newmont from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Finally, The Goldman Sachs Group lowered their target price on shares of Newmont from $122.50 to $111.40 and set a “buy” rating on the stock in a research note on Wednesday, July 1st. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Newmont currently has a consensus rating of “Moderate Buy” and an average target price of $132.73.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Record free cash flow and strong earnings support the stock. Newmont’s second-quarter 2026 results included 1.29 million ounces of gold production, $2.2 billion in adjusted net income, or $2.10 per share, and record free cash flow of $2.2 billion. The company returned $1.9 billion to shareholders and reaffirmed its 2026 guidance. Newmont Shares Shine on Production, Record Free Cash Flow
• Positive Sentiment: Elevated gold prices are boosting the outlook for gold miners. Gold’s rebound, supported by lower bond yields, a weaker dollar and Treasury-related buying, is increasing the potential value of Newmont’s production. The company’s Tier-1 assets, long mine lives and net-cash balance sheet further strengthen its investment case. Newmont Faces Gold Above $4,500
• Positive Sentiment: Valuation and sector comparisons remain favorable. One analysis characterizes Newmont as a moderate Buy, citing a forward P/E of about 9.6 times, shareholder returns and stronger cash flow. Newmont and Barrick Mining are both benefiting from higher bullion prices, although their growth and cost profiles differ. Newmont: Investors Punished Barrick For This Deal
• Neutral Sentiment: Newmont’s inclusion in discussions of gold-mining ETFs such as the VanEck Gold Miners ETF (GDX) may provide broader investor exposure, but ETF flows are not a company-specific catalyst. Gold and Bitcoin Are Rebounding
• Negative Sentiment: Higher costs and a production trough could limit upside. Newmont’s 2026 outlook calls for all-in sustaining costs of up to $1,680 per ounce and production of roughly 5.3 million ounces. Investors are questioning whether gold prices above $4,500 can continue to outpace cost inflation. Newmont: The Risks Associated With A Premature Share Price Rally

Newmont Stock Performance

NEM opened at $131.49 on Thursday. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The company has a market cap of $138.55 billion, a price-to-earnings ratio of 16.60, a PEG ratio of 1.39 and a beta of 0.47. Newmont Corporation has a 52-week low of $71.49 and a 52-week high of $135.29. The firm’s fifty day simple moving average is $103.17 and its two-hundred day simple moving average is $109.32.

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

Newmont Announces Dividend

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

Newmont Company 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.