Severin Investments LLC Grows Position in Newmont Corporation $NEM

Posted by on May 28th, 2026

Severin Investments LLC increased its stake in Newmont Corporation (NYSE:NEM – Free Report) by 76.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 11,086 shares of the basic materials company’s stock after buying an additional 4,818 shares during the quarter. Newmont comprises 1.0% of Severin Investments LLC’s portfolio, making the stock its 20th largest position. Severin Investments LLC’s holdings in Newmont were worth $1,107,000 as of its most recent filing with the SEC.

A number of other large investors have also modified their holdings of NEM. Vanguard Group Inc. lifted its holdings in Newmont by 0.5% during the 4th quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company’s stock worth $13,390,613,000 after buying an additional 637,996 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Newmont by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company’s stock worth $2,738,756,000 after buying an additional 946,824 shares during the last quarter. Legal & General Group Plc lifted its holdings in Newmont by 9.6% during the 3rd quarter. Legal & General Group Plc now owns 8,156,669 shares of the basic materials company’s stock worth $687,223,000 after buying an additional 711,940 shares during the last quarter. Boston Partners lifted its holdings in Newmont by 49.3% during the 3rd quarter. Boston Partners now owns 6,931,710 shares of the basic materials company’s stock worth $585,828,000 after buying an additional 2,288,653 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. lifted its holdings in Newmont by 16.1% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 4,996,775 shares of the basic materials company’s stock worth $498,928,000 after buying an additional 692,560 shares during the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Insider Buying and Selling

In related news, EVP Peter Wexler sold 13,378 shares of Newmont stock in a transaction 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 transaction, the executive vice president directly owned 67,865 shares in the company, valued at $7,472,615.15. The trade was a 16.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total value of $252,812.56. Following the completion of the transaction, the insider owned 23,163 shares in the company, valued at $2,550,477.93. The trade was a 9.02% 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. Over the last quarter, insiders have sold 43,068 shares of company stock valued at $4,769,475. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

Several analysts recently issued reports on NEM shares. Bank of America raised their price target on Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Scotiabank cut their price target on Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a report on Friday, March 20th. Barclays started coverage on Newmont in a report on Thursday, May 21st. They issued an “overweight” rating and a $133.00 price target on the stock. UBS Group cut their price target on Newmont from $150.00 to $140.00 and set a “buy” rating on the stock in a report on Friday, March 27th. Finally, TD raised their price target on Newmont from $116.00 to $129.00 and gave the stock a “hold” rating in a report on Monday, April 27th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $141.53.

View Our Latest Research Report on Newmont

Newmont Price Performance

Shares of Newmont stock opened at $107.17 on Thursday. Newmont Corporation has a 52 week low of $51.80 and a 52 week high of $134.88. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. The stock has a market cap of $114.41 billion, a PE ratio of 13.90 and a beta of 0.43. The company’s 50-day moving average price is $110.88 and its two-hundred day moving average price is $108.78.

Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. During the same period in the prior year, the company earned $1.25 EPS. Newmont’s revenue was up 45.8% on a year-over-year basis. As a group, sell-side analysts anticipate that Newmont Corporation will post 9.72 EPS for the current fiscal year.

Newmont Announces Dividend

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

Newmont 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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