David James Fry Sells 18,394 Shares of Newmont (NYSE:NEM) Stock

Newmont Corporation (NYSE:NEM) insider David James Fry sold 18,394 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the sale, the insider directly owned 17,147 shares of the company’s stock, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Newmont Stock Down 7.1%

NEM opened at $98.93 on Friday. The company has a market cap of $107.63 billion, a PE ratio of 15.48, a price-to-earnings-growth ratio of 0.82 and a beta of 0.39. Newmont Corporation has a twelve month low of $42.93 and a twelve month high of $134.88. The company has a 50-day moving average price of $118.70 and a 200 day moving average price of $99.25. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The company had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the previous year, the firm posted $1.40 EPS. Newmont’s revenue was up 20.6% compared to the same quarter last year. Sell-side analysts expect that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd will be paid a $0.26 dividend. This is a boost from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont’s dividend payout ratio is presently 16.28%.

Hedge Funds Weigh In On Newmont

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its stake in shares of Newmont by 15.7% in the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after acquiring an additional 1,847 shares during the last quarter. Woodline Partners LP boosted its position in shares of Newmont by 40.7% during the 1st quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after acquiring an additional 27,813 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Newmont during the 2nd quarter valued at about $240,000. Creative Planning grew its holdings in shares of Newmont by 16.0% in the second quarter. Creative Planning now owns 155,637 shares of the basic materials company’s stock valued at $9,067,000 after purchasing an additional 21,508 shares during the period. Finally, Avantax Advisory Services Inc. increased its position in Newmont by 94.2% during the second quarter. Avantax Advisory Services Inc. now owns 40,086 shares of the basic materials company’s stock worth $2,335,000 after purchasing an additional 19,443 shares during the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on NEM. BNP Paribas Exane raised their price objective on Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. UBS Group dropped their target price on shares of Newmont from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 23rd. Wall Street Zen raised shares of Newmont from a “hold” rating to a “buy” rating in a research note on Sunday, March 8th. Zacks Research upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research report on Thursday, March 5th. Finally, Macquarie Infrastructure upped their price objective on shares of Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a research note on Friday, February 6th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average target price of $134.15.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Analyst support and price targets remain constructive — several firms maintain buy/outperform ratings and elevated price targets that suggest upside if bullion stabilizes. Read More.
• Positive Sentiment: Long-term value narrative persists — recent write-ups (Zacks, MSN) highlight Newmont’s cash flow profile, dividend and scale as attractive for long-term investors despite current volatility. Read More. Read More.
• Neutral Sentiment: Planned executive 10b5‑1 sale disclosed — routine, pre‑arranged plan announced for a small scheduled sale, typically neutral for fundamentals but noted by traders. Read More.
• Neutral Sentiment: Market reports are emphasizing the stock’s larger-than-market drop and high intraday volume as context — coverage consolidates the same drivers for traders. Read More.
• Negative Sentiment: Rising fuel and input costs plus softer bullion are putting pressure on margins — Benzinga reports fuel-cost headwinds while gold weakness reduces per‑ounce profitability. Read More.
• Negative Sentiment: Macro backdrop: Fed signaling fewer cuts and dollar strength have softened gold, amplifying downside for gold miners on risk-off days. Coverage links the Fed outlook to the stock’s move. Read More.
• Negative Sentiment: Company guidance and 2026 outlook increase sensitivity — investors are revisiting guidance that implies lower attributable gold volumes and higher all‑in sustaining costs for 2026, which magnifies downside when gold weakens. Read More.
• Negative Sentiment: Insider selling: a recent open‑market sale by a senior insider (~18,394 shares) is being flagged by the market and can worsen sentiment during a selloff. 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.