Swedbank AB Trims Stake in Newmont Corporation $NEM

Swedbank AB reduced its holdings in Newmont Corporation (NYSE:NEM) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 707,549 shares of the basic materials company’s stock after selling 25,288 shares during the quarter. Swedbank AB’s holdings in Newmont were worth $70,649,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of NEM. Apella Capital LLC grew its holdings in shares of Newmont by 4.1% during the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock worth $219,000 after purchasing an additional 86 shares in the last quarter. New Wave Wealth Advisors LLC raised its stake in Newmont by 1.3% in the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company’s stock valued at $684,000 after purchasing an additional 88 shares in the last quarter. Novem Group raised its stake in Newmont by 3.7% in the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company’s stock valued at $248,000 after purchasing an additional 88 shares in the last quarter. Norden Group LLC lifted its position in Newmont by 0.7% during the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock valued at $1,235,000 after purchasing an additional 90 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC grew its stake in Newmont by 1.2% in the 4th quarter. Avidian Wealth Enterprises LLC now owns 9,240 shares of the basic materials company’s stock worth $923,000 after buying an additional 110 shares in the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Analyst Upgrades and Downgrades

NEM has been the topic of a number of research analyst reports. BNP Paribas Exane increased their price target on shares of Newmont from $123.00 to $128.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Jefferies Financial Group lifted their price objective on shares of Newmont from $162.00 to $165.00 and gave the stock a “buy” rating in a report on Friday, April 10th. BMO Capital Markets upped their target price on shares of Newmont from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. National Bank Financial raised their price target on Newmont from $130.00 to $140.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Finally, Citigroup raised their price target on Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, March 3rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $142.51.

Insider Buying and Selling at Newmont

In other news, insider David John Thornton sold 2,296 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $110.11, for a total value of $252,812.56. Following the completion of the sale, the insider owned 23,163 shares of the company’s stock, valued at approximately $2,550,477.93. The trade was a 9.02% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 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. Also, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $330,330.00. Following the sale, the executive vice president owned 49,315 shares of the company’s stock, valued at $5,430,074.65. This represents a 5.73% 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. In the last ninety days, insiders have sold 43,068 shares of company stock valued at $4,769,475. Corporate insiders own 0.06% of the company’s stock.

Newmont Stock Up 5.5%

Shares of NYSE NEM opened at $114.97 on Thursday. The stock has a market capitalization of $122.74 billion, a P/E ratio of 14.91, a PEG ratio of 1.55 and a beta of 0.43. Newmont Corporation has a one year low of $48.27 and a one year high of $134.88. The firm’s 50 day simple moving average is $113.12 and its two-hundred day simple moving average is $105.80. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17.

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, topping analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The firm had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same period in the previous year, the business posted $1.25 EPS. The business’s quarterly revenue was up 45.8% on a year-over-year basis. As a group, analysts expect that Newmont Corporation will post 9.5 EPS for the current fiscal year.

Newmont Dividend Announcement

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

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s blowout Q1 results and revenue/EPS beats have reinforced earnings momentum and underpinned upgrades and higher price targets from several firms (BMO, Citigroup, Scotiabank among others), which supports upside sentiment for the stock. Read More.
• Positive Sentiment: Scotiabank raised its FY2026/2027 EPS forecasts and maintains a Sector Outperform view with a $151 target, signaling improving analyst fundamentals that can lift investor expectations. Read More.
• Positive Sentiment: Newmont-funded exploration: Newmont fully funded Headwater Gold’s 2025–26 Lodestar drill program under an earn‑in and the program identified a new “Meridian Zone” — positive for Newmont’s Nevada exploration pipeline and optionality. Read More.
• Positive Sentiment: Investor interest from thematic/precious‑metals screens: Newmont is being highlighted in recent “best silver mining” and long‑term growth lists after its strong quarter, which can attract new flows from sector ETFs and retail buyers. Read More.
• Neutral Sentiment: Insider share sales (executive filings including Rule 10b5‑1 plans) were reported; filings show sales were largely to cover tax withholding on vested awards and executed under pre‑arranged plans, which appears administrative rather than an outright negative signal. Read More.
• Neutral Sentiment: Newmont pays a modest quarterly dividend (recently announced), which supports income investors but is not the primary driver of large directional moves. Read More.
• Negative Sentiment: Earlier in May the market reacted negatively after Newmont authorized up to US$6 billion in buybacks despite the Q1 beat; that announcement triggered intra‑day selling in some accounts—an example of how capital allocation timing/scale can prompt short‑term profit‑taking. Read More.

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.