Newmont Corporation $NEM Shares Newly Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. purchased a new position in shares of Newmont Corporation (NYSE:NEM) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 1,238,025 shares of the basic materials company’s stock, valued at approximately $143,153,000. Eurizon Capital SGR S.p.A. owned about 0.12% of Newmont at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of the business. Hourglass Capital LLC acquired a new position in Newmont during the third quarter worth $13,066,000. Hennessy Advisors Inc. purchased a new stake in Newmont in the 3rd quarter valued at $2,491,000. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new stake in shares of Newmont in the 3rd quarter worth $814,000. Greenleaf Trust acquired a new stake in shares of Newmont in the 3rd quarter worth $3,043,000. Finally, Fifth Third Wealth Advisors LLC purchased a new position in shares of Newmont during the 3rd quarter worth $1,769,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont Price Performance

NEM stock opened at $112.57 on Friday. The business has a fifty day moving average of $118.36 and a two-hundred day moving average of $112.40. 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 cap of $116.98 billion, a price-to-earnings ratio of 13.09, a price-to-earnings-growth ratio of 2.58 and a beta of 0.56. Newmont Corporation has a 52-week low of $81.34 and a 52-week high of $135.29.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, beating the consensus estimate of $1.94 by $0.26. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The business had revenue of $6.36 billion for the quarter, compared to analyst estimates of $6.27 billion. During the same quarter in the prior year, the company posted $1.71 EPS. The company’s quarterly revenue was up 15.2% on a year-over-year basis. As a group, research analysts anticipate that Newmont Corporation will post 9.18 earnings per share for the current year.

Newmont Announces Dividend

The firm also recently disclosed 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. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 25th. Newmont’s dividend payout ratio (DPR) is presently 12.09%.

Insider Activity

In other Newmont news, 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 value of $324,120.00. Following the transaction, the executive vice president owned 31,315 shares of the company’s stock, valued at $3,383,272.60. This represents a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 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 $419,411.28. Following the completion of the transaction, the chief executive officer directly owned 101,691 shares in the company, valued at $10,986,695.64. The trade was a 3.68% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last 90 days, insiders sold 20,646 shares of company stock worth $2,380,140. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

Several brokerages have recently weighed in on NEM. Weiss Ratings raised shares of Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. Barclays cut their price objective on shares of Newmont from $124.00 to $123.00 and set an “overweight” rating for the company in a research report on Monday, October 19th. Bank of America lifted their target price on shares of Newmont from $135.00 to $145.00 in a research note on Monday, August 17th. Canadian Imperial Bank of Commerce set a $154.00 target price on shares of Newmont in a report on Friday, October 16th. Finally, Wall Street Zen lowered shares of Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Two analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $137.20.

Newmont Company Profile

Newmont Corporation is a gold-focused mining company that explores for, develops, and operates mines. Its products include gold as well as copper, silver, zinc, and lead, which are produced at some of its mining operations. Founded in 1921, Newmont has grown through exploration and acquisitions into an international mining company. Its operations and projects span North America, South America, Australia, and Africa. Newmont is headquartered in Denver, Colorado. Natascha Viljoen became the company’s chief executive officer in 2025, succeeding Tom Palmer.