Newmont Corporation $NEM Shares Newly Purchased by Valeo Financial Advisors LLC

Posted by Brenda Bartman on Oct 10th, 2026

Valeo Financial Advisors LLC acquired a new stake in shares of Newmont Corporation (NYSE:NEM – Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,452 shares of the basic materials company’s stock, valued at approximately $744,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Pinnacle Bancorp Inc. bought a new stake in shares of Newmont in the 1st quarter worth approximately $25,000. Cedar Mountain Advisors LLC bought a new stake in Newmont in the first quarter valued at $25,000. Clearstead Trust LLC acquired a new position in shares of Newmont during the second quarter valued at $25,000. Kilter Group LLC bought a new position in shares of Newmont during the second quarter worth about $26,000. Finally, GoalVest Advisory LLC acquired a new stake in shares of Newmont in the 3rd quarter worth about $28,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction on 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 transaction, the chief financial officer owned 29,324 shares in the company, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $114.81, for a total value of $344,430.00. Following the sale, the executive vice president owned 34,315 shares of the company’s stock, valued at $3,939,705.15. The trade was a 8.04% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 35,973 shares of company stock valued at $3,927,169. 0.06% of the stock is owned by corporate insiders.

Newmont Price Performance

Shares of NYSE NEM opened at $117.93 on Friday. Newmont Corporation has a twelve month low of $76.05 and a twelve month high of $135.29. The company has a current ratio of 2.55, a quick ratio of 2.26 and a debt-to-equity ratio of 0.15. The firm has a 50-day moving average of $120.83 and a two-hundred day moving average of $110.29. The company has a market capitalization of $124.26 billion, a price-to-earnings ratio of 14.89, a PEG ratio of 1.62 and a beta of 0.51.

Newmont (NYSE:NEM – Get Free Report) last released its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, beating the consensus estimate of $2.05 by $0.05. The business had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.35 billion. Newmont had a net margin of 33.36% and a return on equity of 29.10%. During the same period in the prior year, the business earned $1.43 earnings per share. As a group, analysts expect that Newmont Corporation will post 9.06 earnings per share for the current fiscal year.

Newmont Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd were 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 of this dividend was Thursday, September 3rd. Newmont’s dividend payout ratio is currently 13.13%.

Analysts Set New Price Targets

NEM has been the subject of several recent analyst reports. Canaccord Genuity Group decreased their target price on shares of Newmont from $160.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. Scotiabank raised their target price on Newmont from $147.00 to $149.00 and gave the company an “outperform” rating in a research report on Wednesday, August 12th. Bank of America reduced their price target on Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a research report on Thursday, July 9th. UBS Group reduced their price objective on shares of Newmont from $140.00 to $120.00 and set a “buy” rating for the company in a report on Tuesday, June 30th. Finally, Barclays lowered their target price on shares of Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research note on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $134.26.

View Our Latest Report on Newmont

Newmont Profile

(Free Report)

Newmont Corporation is a global mining company focused primarily on the exploration, development and production of gold. Its portfolio also includes operations and projects involving copper, silver, zinc and lead. The company’s activities span the mining life cycle, including exploration, mine development, production, processing, reclamation and related environmental management.

Founded in 1921, Newmont is headquartered in Denver, Colorado, and has built a long history in the gold-mining industry through organic development, acquisitions and joint ventures.