Skylands Capital LLC Reduces Stock Holdings in Newmont Corporation $NEM

Skylands Capital LLC reduced its position in Newmont Corporation (NYSE:NEM) by 12.3% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 39,125 shares of the basic materials company’s stock after selling 5,500 shares during the period. Skylands Capital LLC’s holdings in Newmont were worth $3,907,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also recently made changes to their positions in the company. Vanguard Group Inc. lifted its holdings in Newmont by 0.5% during the fourth quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company’s stock valued at $13,390,613,000 after purchasing an additional 637,996 shares during the last quarter. Legal & General Group Plc increased its stake in shares of Newmont by 9.6% in the third quarter. Legal & General Group Plc now owns 8,156,669 shares of the basic materials company’s stock worth $687,223,000 after purchasing an additional 711,940 shares in the last quarter. Boston Partners raised its position in shares of Newmont by 49.3% in the third quarter. Boston Partners now owns 6,931,710 shares of the basic materials company’s stock valued at $585,828,000 after purchasing an additional 2,288,653 shares during the period. Robeco Institutional Asset Management B.V. raised its position in shares of Newmont by 16.1% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,996,775 shares of the basic materials company’s stock valued at $498,928,000 after purchasing an additional 692,560 shares during the period. Finally, Victory Capital Management Inc. lifted its stake in shares of Newmont by 33.8% during the 3rd quarter. Victory Capital Management Inc. now owns 4,925,237 shares of the basic materials company’s stock valued at $414,270,000 after buying an additional 1,244,845 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Canadian Imperial Bank of Commerce decreased their price objective on Newmont from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Stifel Nicolaus increased their target price on Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Jefferies Financial Group lifted their price target on Newmont from $162.00 to $165.00 and gave the stock a “buy” rating in a research note on Friday, April 10th. Raymond James Financial upped their price objective on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, Scotiabank reduced their price objective on Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a research report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $141.91.

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $113.09, for a total transaction of $339,270.00. Following the completion of the sale, the executive vice president directly owned 52,315 shares in the company, valued at approximately $5,916,303.35. This represents a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the sale, the insider directly owned 17,147 shares in the company, valued at $1,911,033.15. The trade was a 51.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 24,394 shares of company stock worth $2,713,281 in the last 90 days. Corporate insiders own 0.06% of the company’s stock.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Strong fundamentals and dividend/cash‑flow support — Newmont posted a sizable Q1 beat (EPS and revenue well above estimates) with high margins and strong ROE, reinforcing its ability to fund dividends and buybacks and underpinning investor valuation models.
• Positive Sentiment: Record gold narrative lifting the long‑term case — Coverage arguing that record/near‑record gold prices make Newmont an attractive dividend/commodity play, which supports multiple expansion if bullion stays elevated. Newmont Is Golden: Why Record Gold Prices Make It a Must-Buy Dividend Stock Now
• Positive Sentiment: Analyst price‑target increases signal upside and lower perceived risk — TD raised its PT to $129 (hold) and Macquarie to $133 (outperform), giving formal upside in the low double digits versus recent levels. BayStreet.CA (TD PT raise) MarketScreener (Macquarie PT raise)
• Positive Sentiment: Base‑metals exposure (copper) adds optionality — Coverage highlighting Newmont as a top copper play expands its investor appeal beyond gold, supporting longer‑term commodity diversification. Why Newmont is One of the Best Copper Stocks
• Neutral Sentiment: Elevated investor attention and momentum signals — Zacks and other scans show heavy search/interest and momentum/style scores, which can amplify intraday moves but are not a directional fundamental driver. Investors Heavily Search Newmont (Zacks/Yahoo) Zacks momentum piece
• Neutral Sentiment: ETF/index flows and screen inclusions may increase liquidity — Quarterly reconstitutions (e.g., VictoryShares FCF ETF) can bring buyers or sellers depending on index moves; watch fund flows for short‑term impact. ETFTrends: VictoryShares reconstitution
• Negative Sentiment: Near‑term pressure from a pullback in gold — Safe‑haven assets and the gold/silver sector have slipped in the past session(s), which tends to weigh on Newmont’s multiple and sentiment. Gold’s Worst Pullback in Months (247WallSt)
• Negative Sentiment: Regulatory/local content risk in Ghana could raise costs and complicate the ESG story — Ghana’s directive to shift to local contractors by Dec‑2026 may increase operating costs and require changes to workforce/contracting models, a material region‑specific risk for Newmont. Ghana contractor shift tests Newmont (Yahoo)

Newmont Price Performance

NEM opened at $116.11 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17. The stock’s 50 day simple moving average is $114.45 and its 200 day simple moving average is $105.12. The firm has a market cap of $123.95 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 0.92 and a beta of 0.46. Newmont Corporation has a 1 year low of $48.27 and a 1 year high of $134.88.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.83. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The firm had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. During the same quarter in the previous year, the company posted $1.25 earnings per share. The business’s revenue was up 45.8% on a year-over-year basis. As a group, analysts predict that Newmont Corporation will post 8.91 earnings per share for the current year.

Newmont Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 27th. Newmont’s dividend payout ratio (DPR) is 13.49%.

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.