Fideuram Intesa Sanpaolo Private Banking S.P.A. Takes Position in Newmont Corporation $NEM

Posted by Brenda Bartman on May 20th, 2026

Fideuram Intesa Sanpaolo Private Banking S.P.A. acquired a new stake in Newmont Corporation (NYSE:NEM – Free Report) in the 4th quarter, Holdings Channel reports. The firm acquired 219,263 shares of the basic materials company’s stock, valued at approximately $21,893,000. Newmont comprises 0.8% of Fideuram Intesa Sanpaolo Private Banking S.P.A.’s investment portfolio, making the stock its 26th biggest position.

Several other hedge funds also recently modified their holdings of the business. Apella Capital LLC boosted its position in shares of Newmont by 4.1% in the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock valued at $219,000 after acquiring an additional 86 shares during the period. New Wave Wealth Advisors LLC boosted its position in shares of 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 acquiring an additional 88 shares during the period. Novem Group boosted its position in shares of 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 acquiring an additional 88 shares during the period. Norden Group LLC lifted its position in Newmont by 0.7% in the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock worth $1,235,000 after purchasing an additional 90 shares during the period. Finally, Coston McIsaac & Partners lifted its position in Newmont by 28.6% in the fourth 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. 68.85% of the stock is owned by institutional investors.

Newmont Stock Performance

Newmont stock opened at $104.94 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17. The stock has a fifty day moving average price of $111.60 and a two-hundred day moving average price of $107.63. Newmont Corporation has a 52-week low of $50.79 and a 52-week high of $134.88. The firm has a market capitalization of $112.03 billion, a P/E ratio of 13.61, a P/E/G ratio of 1.57 and a beta of 0.43.

Newmont (NYSE:NEM – Get Free Report) last released its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.83. Newmont had a return on equity of 27.84% and a net margin of 33.87%.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 prior year, the company posted $1.25 earnings per share. The business’s revenue for the quarter was up 45.8% compared to the same quarter last year. As a group, analysts anticipate that Newmont Corporation will post 9.47 EPS for the current fiscal year.

Newmont Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. Newmont’s payout ratio is 13.49%.

Insiders Place Their Bets

In related news, insider David James Fry sold 18,394 shares of the stock in a transaction that occurred on 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 in the company, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Peter Wexler sold 13,378 shares of the stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $110.11, for a total value of $1,473,051.58. Following the sale, the executive vice president owned 67,865 shares in the company, valued at approximately $7,472,615.15. This trade represents a 16.47% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 43,068 shares of company stock valued at $4,769,475 over the last quarter. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts recently commented on the company. Jefferies Financial Group raised their target price on Newmont from $162.00 to $165.00 and gave the stock a “buy” rating in a research report on Friday, April 10th. Canadian Imperial Bank of Commerce reduced their target price on Newmont from $177.00 to $176.00 and set an “outperform” rating for the company in a research report on Tuesday, April 21st. TD raised their target price on Newmont from $116.00 to $129.00 and gave the stock a “hold” rating in a research report on Monday, April 27th. BMO Capital Markets raised their target price on Newmont from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Finally, Royal Bank Of Canada raised their target price on Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $142.51.

Get Our Latest Stock Analysis on Newmont

Newmont Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Newmont (NYSE:NEM)

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