5,439 Shares in Newmont Corporation $NEM Purchased by QTR Family Wealth LLC

QTR Family Wealth LLC bought a new stake in shares of Newmont Corporation (NYSE:NEM) during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 5,439 shares of the basic materials company’s stock, valued at approximately $627,000.

Several other hedge funds also recently bought and sold shares of the stock. Cedar Mountain Advisors LLC purchased a new stake in shares of Newmont in the first quarter valued at $25,000. Clearstead Trust LLC acquired a new stake in shares of Newmont during the second quarter valued at $25,000. Kilter Group LLC acquired a new stake in shares of Newmont during the second quarter valued at $26,000. GoalVest Advisory LLC purchased a new stake in Newmont during the 3rd quarter worth about $28,000. Finally, Financial Management Professionals Inc. purchased a new stake in Newmont during the 3rd quarter worth about $30,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Insider Transactions at Newmont

In other Newmont news, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $108.04, for a total value of $419,411.28. Following the sale, the chief executive officer directly owned 101,691 shares of the company’s stock, valued at approximately $10,986,695.64. This trade represents a 3.68% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 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 company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $108.04, for a total transaction of $324,120.00. Following the transaction, the executive vice president directly owned 31,315 shares of the company’s stock, valued at approximately $3,383,272.60. This represents a 8.74% decrease in their position. 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. Over the last three months, insiders sold 20,646 shares of company stock worth $2,380,140. 0.06% of the stock is owned by corporate insiders.

Newmont Price Performance

NEM stock opened at $119.74 on Friday. Newmont Corporation has a 52-week low of $81.34 and a 52-week high of $135.29. The stock’s fifty day simple moving average is $119.10 and its 200-day simple moving average is $112.47. The company has a quick ratio of 2.16, a current ratio of 2.45 and a debt-to-equity ratio of 0.15. The stock has a market capitalization of $124.43 billion, a price-to-earnings ratio of 13.92, a price-to-earnings-growth ratio of 2.15 and a beta of 0.56.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.26. The business had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.27 billion. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The business’s revenue for the quarter was up 15.2% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.71 earnings per share. Equities research analysts expect that Newmont Corporation will post 9.14 EPS for the current year.

Newmont Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 21st. Investors of record on Wednesday, November 25th will be given a dividend of $0.26 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont’s dividend payout ratio is 12.09%.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong third-quarter performance—higher sales and net income, lower reported costs, and upgraded full-year production guidance—supports the bullish view. The report also points to a recent sharp rise in the shares. Article: Is Newmont Still Undervalued?
• Positive Sentiment: Scotiabank raised its 2026 EPS estimate to $9.23 from $8.96 and maintained a Sector Outperform rating with a $148 price target, signaling confidence in near-term earnings. Article: Scotiabank raises Newmont 2026 EPS estimate
• Positive Sentiment: Newmont’s free cash flow is helping fund growth projects and additional shareholder returns, potentially supporting longer-term value. Article: Can Newmont’s Free Cash Flow Momentum Carry Into Q4?
• Neutral Sentiment: Scotiabank lowered its 2027 EPS estimate to $9.03 from $9.14, though it retained its Sector Outperform rating and $148 target. The adjustment tempers, but does not overturn, its positive stance. Article: Scotiabank adjusts Newmont EPS estimates
• Neutral Sentiment: A Zacks article highlighted Newmont as a potential long-term growth stock, but provided no company-specific new catalyst in the supplied summary. Article: Newmont as a Long-Term Growth Stock
• Negative Sentiment: EVP Peter Toth sold 3,000 shares, a modest potential sentiment overhang; the sale was made under a prearranged trading plan. Article: Newmont EVP Sells Shares

Analyst Ratings Changes

Several research analysts recently weighed in on NEM shares. BNP Paribas Exane boosted their target price on shares of Newmont from $102.00 to $112.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. TD Securities raised shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, July 14th. National Bank Financial decreased their price target on shares of Newmont from $140.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 20th. The Goldman Sachs Group lowered their price target on shares of Newmont from $127.50 to $119.00 in a report on Thursday, October 8th. Finally, TD Cowen cut their price objective on shares of Newmont from $133.00 to $131.00 in a research report on Tuesday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Newmont has an average rating of “Moderate Buy” and an average price target of $137.20.

Newmont Profile

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.