NewEdge Advisors LLC Lowers Position in Newmont Corporation $NEM

Posted by Geri Gentry on Aug 12th, 2026

NewEdge Advisors LLC trimmed its position in shares of Newmont Corporation (NYSE:NEM – Free Report) by 22.0% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,821 shares of the basic materials company’s stock after selling 12,928 shares during the quarter. NewEdge Advisors LLC’s holdings in Newmont were worth $4,960,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Norges Bank acquired a new position in Newmont in the 4th quarter worth about $1,443,128,000. Van ECK Associates Corp grew its holdings in Newmont by 23.4% in the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock valued at $2,973,539,000 after purchasing an additional 5,643,496 shares during the period. Arrowstreet Capital Limited Partnership increased its holdings in Newmont by 110.4% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 8,743,228 shares of the basic materials company’s stock worth $873,011,000 after acquiring an additional 4,588,018 shares in the last quarter. AQR Capital Management LLC increased its holdings in Newmont by 82.5% in the 4th quarter. AQR Capital Management LLC now owns 7,402,278 shares of the basic materials company’s stock worth $739,117,000 after acquiring an additional 3,345,543 shares in the last quarter. Finally, Assetmark Inc. raised its position in Newmont by 398.3% during the fourth quarter. Assetmark Inc. now owns 2,870,495 shares of the basic materials company’s stock worth $286,619,000 after acquiring an additional 2,294,396 shares during the period. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Newmont Price Performance

Newmont stock opened at $117.17 on Wednesday. The company has a fifty day simple moving average of $98.25 and a 200-day simple moving average of $109.01. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The firm has a market capitalization of $123.46 billion, a price-to-earnings ratio of 14.79, a PEG ratio of 1.31 and a beta of 0.47. Newmont Corporation has a 52-week low of $67.20 and a 52-week high of $134.88.

Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. During the same period in the previous year, the business posted $1.43 earnings per share. On average, equities analysts anticipate that Newmont Corporation will post 9 EPS for the current fiscal year.

Newmont Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is currently 13.13%.

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $93.45, for a total value of $280,350.00. Following the completion of the sale, the executive vice president directly owned 40,315 shares in the company, valued at $3,767,436.75. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the sale, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. This represents a 28.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 32,091 shares of company stock worth $3,292,513 in the last ninety days. Insiders own 0.06% of the company’s stock.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Nevada dispute settled: Newmont and Barrick agreed to resolve their longstanding Nevada Gold Mines disagreements through a deal reportedly valued at approximately $1.95 billion. The agreement includes the contribution of previously excluded properties and eliminates outstanding disputes, reducing legal and operational uncertainty for Newmont. Barrick, Newmont settle dispute with $1.95B deal
Positive Sentiment: Cash and strategic flexibility: The settlement provides Newmont with a significant financial benefit while restructuring the joint venture to potentially maximize the value of its Nevada assets. Newmont also consented to Barrick’s proposed North American gold IPO, removing a major obstacle to the transaction. Barrick and Newmont Reach Agreement Regarding Nevada Gold Mines Joint Venture
Neutral Sentiment: Analyst view remains constructive: Newmont received a consensus “Moderate Buy” rating, indicating that analysts generally see upside potential, though the rating is not uniformly bullish. Newmont Receives Consensus Rating of Moderate Buy
Negative Sentiment: Near-term earnings concern: Zacks issued a bearish estimate for Newmont’s third-quarter results. That outlook could limit gains if investors begin pricing in weaker production, costs, or profitability despite the favorable Nevada settlement. Zacks Research Has Bearish Estimate for Newmont Q3 Earnings

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on NEM shares. Scotiabank dropped their target price on shares of Newmont from $151.00 to $147.00 and set a “sector outperform” rating on the stock in a research report on Tuesday, July 14th. Weiss Ratings downgraded shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 17th. BNP Paribas Exane decreased their price target on shares of Newmont from $111.00 to $102.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Zacks Research cut Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group cut their price objective on Newmont from $122.50 to $111.40 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Newmont currently has a consensus rating of “Moderate Buy” and a consensus price target of $132.11.

View Our Latest Analysis on NEM

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.