Insider Selling: Newmont (NYSE:NEM) EVP Sells $369,000.00 in Stock

Newmont Corporation (NYSE:NEM) EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total transaction of $369,000.00. Following the sale, the executive vice president directly owned 37,315 shares in the company, valued at approximately $4,589,745. The trade was a 7.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Peter Toth also recently made the following trade(s):

• On Monday, August 3rd, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $93.45, for a total value of $280,350.00.
• On Wednesday, July 1st, Peter Toth sold 3,000 shares of Newmont stock. The stock was sold at an average price of $92.38, for a total value of $277,140.00.

Newmont Price Performance

Shares of NEM opened at $128.09 on Friday. 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 stock has a market cap of $134.97 billion, a PE ratio of 16.17, a PEG ratio of 1.80 and a beta of 0.52. Newmont Corporation has a 12-month low of $75.21 and a 12-month high of $135.29. The business has a 50-day simple moving average of $107.18 and a two-hundred day simple moving average of $109.72.

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

Newmont Dividend Announcement

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

Hedge Funds Weigh In On Newmont

A number of institutional investors have recently modified their holdings of the company. Range Advisory LLC lifted its position in Newmont by 46.9% in the 2nd quarter. Range Advisory LLC now owns 3,698 shares of the basic materials company’s stock valued at $345,000 after acquiring an additional 1,181 shares in the last quarter. Corient Private Wealth LP bought a new position in shares of Newmont in the second quarter valued at approximately $3,155,000. Tucker Asset Management LLC purchased a new position in shares of Newmont during the second quarter valued at approximately $361,000. Amundi purchased a new position in shares of Newmont during the second quarter valued at approximately $209,411,000. Finally, HighTower Advisors LLC bought a new stake in Newmont during the second quarter worth $17,316,000. 68.85% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several brokerages have issued reports on NEM. Argus set a $110.00 price target on shares of Newmont in a research report on Monday, August 3rd. BNP Paribas Exane reduced their price objective on shares of Newmont from $111.00 to $102.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Scotiabank increased their price objective on Newmont from $147.00 to $149.00 and gave the company an “outperform” rating in a report on Wednesday, August 12th. Wall Street Zen downgraded Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Canadian Imperial Bank of Commerce set a $170.00 price target on Newmont in a research report on Friday, August 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $132.73.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Gold prices recently advanced as the U.S. dollar and Treasury yields eased, lifting gold-mining stocks. Newmont’s latest quarterly update also highlighted record free cash flow of approximately $2.2 billion, about 1.3 million attributable gold ounces, maintained 2026 production guidance and a declared $0.26-per-share dividend. Newmont stock analysis
• Positive Sentiment: Wall Street’s average recommendation remains equivalent to a Buy, while recent analyst targets generally imply additional upside. Newmont is also being presented as an income-producing gold hedge, supported by strong cash generation, low leverage and a roughly 0.8% dividend yield. Analyst outlook for Newmont
• Neutral Sentiment: Newmont’s $1.95 billion payment to Barrick finalized its Nevada Gold Mines joint-venture settlement, giving the company greater control of a major production base. The move may improve long-term operating flexibility but also represents a substantial capital outlay. Nevada Gold Mines agreement
• Negative Sentiment: CEO Natascha Viljoen sold 3,882 shares and EVP Peter Toth sold 3,000 shares at $123 per share. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their signaling value, but reported insider activity has consisted of sales and no purchases over the past six months. Newmont insider sales
• Negative Sentiment: Elevated Treasury yields remain a headwind for gold because they increase the opportunity cost of holding a non-yielding asset. Analysts also caution that mining costs, energy prices and interest-rate volatility could pressure margins and valuation multiples. Gold-mining sector outlook

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.