Royal London Asset Management Ltd. Buys Shares of 650,583 Newmont Corporation $NEM

Posted by Brenda Bartman on Sep 1st, 2026

Royal London Asset Management Ltd. bought a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) in the 2nd quarter, Holdings Channel.com reports. The institutional investor bought 650,583 shares of the basic materials company’s stock, valued at approximately $13,597,000.

A number of other institutional investors and hedge funds have also made changes to their positions in NEM. Leonteq Securities AG acquired a new position in Newmont during the 4th quarter worth $9,018,000. ARS Investment Partners LLC increased its holdings in shares of Newmont by 3.6% during the fourth quarter. ARS Investment Partners LLC now owns 697,063 shares of the basic materials company’s stock valued at $69,602,000 after purchasing an additional 23,900 shares during the period. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Newmont during the second quarter valued at about $36,180,000. Asset One Wealth Management LLC acquired a new stake in Newmont in the second quarter worth about $2,866,000. Finally, Private Advisory Group LLC acquired a new stake in Newmont in the second quarter worth about $10,430,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Newmont news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00. Following the completion of the sale, the executive vice president directly owned 40,315 shares of the company’s stock, valued at approximately $3,767,436.75. This represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the firm’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the completion of the transaction, the chief financial officer owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 25,209 shares of company stock worth $2,567,701. Company insiders own 0.06% of the company’s stock.

Newmont Price Performance

Shares of NYSE:NEM opened at $125.87 on Tuesday. Newmont Corporation has a one year low of $72.78 and a one year high of $135.29. The stock has a fifty day moving average of $104.71 and a 200-day moving average of $109.53. The company has a market capitalization of $132.63 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 1.32 and a beta of 0.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55.

Newmont (NYSE:NEM – Get Free Report) last issued its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The business had revenue of $6.12 billion for the quarter, compared to analysts’ expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same period in the previous year, the firm posted $1.43 EPS. As a group, equities analysts anticipate that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be paid a $0.26 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. Newmont’s dividend payout ratio (DPR) is currently 13.13%.

Analyst Upgrades and Downgrades

Several research firms have commented on NEM. Weiss Ratings cut shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, June 17th. Raymond James Financial reiterated an “outperform” rating and issued a $140.00 price objective on shares of Newmont in a report on Monday, August 24th. Royal Bank Of Canada lowered their price objective on shares of Newmont from $140.00 to $135.00 and set an “outperform” rating on the stock in a research note on Thursday, July 9th. TD Securities raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Finally, The Goldman Sachs Group lowered their price target on Newmont from $122.50 to $111.40 and set a “buy” rating on the stock in a research report on Wednesday, July 1st. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $132.73.

View Our Latest Report on NEM

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.