Canada Pension Plan Investment Board Invests $170.59 Million in Newmont Corporation $NEM

Canada Pension Plan Investment Board bought a new stake in shares of Newmont Corporation (NYSE:NEM) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,826,487 shares of the basic materials company’s stock, valued at approximately $170,594,000. Canada Pension Plan Investment Board owned 0.17% of Newmont as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NEM. Parkside Financial Bank & Trust boosted its holdings in Newmont by 1.4% in the fourth quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company’s stock valued at $714,000 after acquiring an additional 96 shares in the last quarter. Coston McIsaac & Partners lifted its position in shares of Newmont by 28.6% in the 4th quarter. Coston McIsaac & Partners now owns 450 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 100 shares during the period. Creative Financial Designs Inc. ADV lifted its position in shares of Newmont by 6.5% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 1,647 shares of the basic materials company’s stock worth $164,000 after purchasing an additional 100 shares during the period. Blue Trust Inc. boosted its stake in shares of Newmont by 0.6% during the 1st quarter. Blue Trust Inc. now owns 17,194 shares of the basic materials company’s stock valued at $1,861,000 after purchasing an additional 100 shares in the last quarter. Finally, Townsquare Capital LLC boosted its stake in shares of Newmont by 4.2% during the 4th quarter. Townsquare Capital LLC now owns 2,523 shares of the basic materials company’s stock valued at $252,000 after purchasing an additional 102 shares in the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont Stock Down 2.7%

Shares of Newmont stock opened at $131.49 on Thursday. Newmont Corporation has a 1 year low of $71.49 and a 1 year high of $135.29. The firm 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. The company has a 50-day moving average of $103.17 and a 200 day moving average of $109.32. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share 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 for the quarter, compared to analysts’ expectations of $6.35 billion. During the same quarter in the prior year, the company earned $1.43 earnings per share. As a group, sell-side analysts anticipate that Newmont Corporation will post 9.01 earnings per share for the current fiscal year.

Newmont Dividend Announcement

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

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. TD increased their price target on shares of Newmont from $127.00 to $133.00 and gave the stock a “buy” rating in a research note on Wednesday, August 12th. Canadian Imperial Bank of Commerce set a $170.00 price objective on Newmont in a research report on Friday, August 14th. Scotiabank upped their target price on Newmont from $147.00 to $149.00 and gave the stock an “outperform” rating in a report on Wednesday, August 12th. Jefferies Financial Group decreased their target price on Newmont from $158.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Finally, TD Securities upgraded Newmont from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, Newmont currently has an average rating of “Moderate Buy” and an average price target of $132.73.

Insider Buying and Selling

In related news, CFO Brian Tabolt sold 11,445 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the completion of the transaction, the chief financial officer owned 29,324 shares of the company’s stock, valued at $3,081,659.16. This trade represents a 28.07% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 40,315 shares in the company, valued at $3,767,436.75. This trade represents a 6.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 32,091 shares of company stock worth $3,292,513 in the last 90 days. Insiders own 0.06% of the company’s stock.

Key Newmont News

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 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.