7,120 Shares in Newmont Corporation $NEM Acquired by Providence First Trust Co

Posted by Geri Gentry on May 6th, 2026

Providence First Trust Co purchased a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 7,120 shares of the basic materials company’s stock, valued at approximately $711,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. GoalVest Advisory LLC bought a new stake in shares of Newmont during the 4th quarter worth $25,000. Cornerstone Planning Group LLC boosted its stake in shares of Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Lodestone Wealth Management LLC acquired a new stake in shares of Newmont in the 4th quarter valued at approximately $28,000. Laurel Wealth Advisors LLC bought a new stake in shares of Newmont during the 4th quarter valued at approximately $30,000. Finally, Rosenberg Matthew Hamilton increased its position in Newmont by 308.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 306 shares of the basic materials company’s stock worth $31,000 after purchasing an additional 231 shares in the last quarter. 68.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, insider David James Fry sold 18,394 shares of Newmont stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the transaction, the insider directly owned 17,147 shares of the company’s stock, valued at $1,911,033.15. The trade was a 51.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Peter Wexler sold 13,378 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $1,473,051.58. Following the sale, the executive vice president directly owned 67,865 shares of the company’s stock, valued at $7,472,615.15. This represents a 16.47% decrease in their position. The SEC filing for this sale provides additional information. 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 43,068 shares of company stock valued at $4,769,475 over the last three months. 0.06% of the stock is owned by insiders.

Newmont Price Performance

Shares of NYSE:NEM opened at $109.01 on Wednesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. Newmont Corporation has a 52 week low of $48.27 and a 52 week high of $134.88. The firm has a market cap of $116.38 billion, a PE ratio of 14.14, a price-to-earnings-growth ratio of 1.54 and a beta of 0.43. The firm’s fifty day moving average is $113.30 and its 200-day moving average is $105.68.

Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.Newmont’s quarterly revenue was up 45.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.25 earnings per share. Sell-side analysts predict that Newmont Corporation will post 9.5 earnings per share for the current year.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.26 per share. 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 dividend payout ratio (DPR) is 13.49%.

Analyst Ratings Changes

Several research analysts have recently issued reports on the stock. Macquarie Infrastructure upped their price target on shares of Newmont from $130.00 to $133.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. BNP Paribas Exane raised their price objective on Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Scotiabank lowered their target price on Newmont from $152.00 to $151.00 and set a “sector outperform” rating for the company in a report on Friday, March 20th. Bank of America increased their target price on Newmont from $134.00 to $151.00 and gave the company a “buy” rating in a research report on Thursday, February 26th. Finally, Raymond James Financial lifted their price target on Newmont from $111.00 to $130.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $142.51.

Check Out Our Latest Stock Analysis on NEM

More Newmont News

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Q1 2026 “blowout” results (big revenue and EPS beat) are underpinning earnings momentum and supporting valuation re-rates by analysts. These 3 Companies Reported Record Breaking Results
Positive Sentiment: Analysts have raised estimates and price targets (examples: BMO to $145, Scotiabank raised FY2026/27 EPS and carries a $151 target, Citi previously raised target to $150) — this adds institutional support for the stock. MarketBeat NEM Coverage
Positive Sentiment: Newmont is being highlighted in recent “best silver‑mining” and long‑term growth screens, which may attract thematic and precious‑metals flows after the strong quarter. Why Newmont (NEM) Is Among the 8 Best Silver Mining Stocks to Buy
Neutral Sentiment: Several executives sold shares (Wexler, Thornton, Toth) under pre‑arranged Rule 10b5‑1 plans to cover taxes on vested awards — reduces insider percentages but appears administrative rather than a governance red flag. Insider Selling: Newmont (NEM) Insider Sells
Neutral Sentiment: Company pays a modest quarterly dividend (annualized ~$1.04) — income element is supportive but not a major driver versus commodity and earnings moves. MarketBeat NEM Coverage
Negative Sentiment: A prior market reaction to Newmont’s authorization of up to $6B in buybacks triggered sharp intraday selling (~10% decline in one account), illustrating short‑term sensitivity to buyback timing, gold/commodity moves and profit‑taking — that volatility still influences sentiment. Newmont (NEM) Is Down 10.0% After Authorizing US$6 Billion Buyback And Q1 Beat

About Newmont

(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.