TrinityBridge Ltd Makes New $1.35 Million Investment in Newmont Corporation $NEM

Posted by Francis Steltz on Nov 4th, 2026

TrinityBridge Ltd purchased a new stake in Newmont Corporation (NYSE:NEM – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 11,740 shares of the basic materials company’s stock, valued at approximately $1,354,000.

Several other institutional investors have also recently made changes to their positions in the stock. Integrity Alliance LLC. acquired a new position in Newmont during the 3rd quarter worth approximately $1,224,000. Heathbridge Capital Management Ltd. acquired a new stake in Newmont in the third quarter valued at approximately $568,000. Oregon Public Employees Retirement Fund acquired a new stake in Newmont in the third quarter valued at approximately $14,938,000. Aware Super Pty Ltd as trustee of Aware Super bought a new stake in shares of Newmont during the third quarter valued at approximately $42,408,000. Finally, Tucker Asset Management LLC increased its holdings in shares of Newmont by 27.0% during the third quarter. Tucker Asset Management LLC now owns 4,902 shares of the basic materials company’s stock valued at $565,000 after acquiring an additional 1,041 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Stock Performance

Shares of NEM opened at $107.48 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45. The stock has a 50 day moving average price of $119.68 and a two-hundred day moving average price of $112.42. The firm has a market capitalization of $111.70 billion, a P/E ratio of 12.50, a P/E/G ratio of 1.99 and a beta of 0.56. Newmont Corporation has a 52 week low of $78.60 and a 52 week high of $135.29.

Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, topping the consensus estimate of $1.94 by $0.26. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The firm had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.27 billion. During the same period in the prior year, the business posted $1.71 earnings per share. The company’s quarterly revenue was up 15.2% compared to the same quarter last year. Equities analysts forecast that Newmont Corporation will post 9.11 earnings per share for the current fiscal year.

Newmont Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, December 21st. Investors of record on Wednesday, November 25th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, November 25th. This represents a $1.04 annualized dividend and a yield of 1.0%. Newmont’s dividend payout ratio is 12.09%.

Insider Buying and Selling at Newmont

In related news, EVP Peter Toth sold 3,000 shares of the stock in a transaction on Monday, November 2nd. The stock was sold at an average price of $108.04, for a total value of $324,120.00. Following the completion of the sale, the executive vice president directly owned 31,315 shares of the company’s stock, valued at approximately $3,383,272.60. This represents a 8.74% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $108.04, for a total value of $419,411.28. Following the transaction, the chief executive officer owned 101,691 shares in the company, valued at approximately $10,986,695.64. This trade represents a 3.68% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 20,646 shares of company stock valued at $2,380,140 in the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

NEM has been the topic of a number of research reports. Weiss Ratings raised Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. The Goldman Sachs Group reduced their price target on shares of Newmont from $127.50 to $119.00 in a research report on Thursday, October 8th. Wall Street Zen lowered shares of Newmont from a “buy” rating to a “hold” rating in a research note on Saturday, July 25th. Bank of America boosted their price target on shares of Newmont from $135.00 to $145.00 in a research note on Monday, August 17th. Finally, TD Securities upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Newmont currently has an average rating of “Moderate Buy” and a consensus price target of $137.20.

Read Our Latest Research Report on Newmont

Newmont Profile

(Free Report)

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.