New Mountain Finance Corporation $NMFC Stock Holdings Boosted by Legal & General Group Plc

Posted by George Bondi on Jun 7th, 2026

Legal & General Group Plc raised its position in shares of New Mountain Finance Corporation (NASDAQ:NMFC – Free Report) by 13.5% in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 742,423 shares of the company’s stock after purchasing an additional 88,441 shares during the quarter. Legal & General Group Plc owned about 0.72% of New Mountain Finance worth $6,827,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LSV Asset Management boosted its stake in New Mountain Finance by 13.4% during the 4th quarter. LSV Asset Management now owns 2,986,718 shares of the company’s stock valued at $27,508,000 after purchasing an additional 353,062 shares in the last quarter. Van ECK Associates Corp boosted its stake in New Mountain Finance by 4.6% during the 3rd quarter. Van ECK Associates Corp now owns 2,589,798 shares of the company’s stock valued at $24,966,000 after purchasing an additional 115,004 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in New Mountain Finance by 29.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,595,646 shares of the company’s stock valued at $15,382,000 after purchasing an additional 363,443 shares in the last quarter. UBS Group AG boosted its stake in New Mountain Finance by 33.4% during the 4th quarter. UBS Group AG now owns 1,541,128 shares of the company’s stock valued at $14,194,000 after purchasing an additional 385,891 shares in the last quarter. Finally, Invesco Ltd. boosted its stake in New Mountain Finance by 18.5% during the 3rd quarter. Invesco Ltd. now owns 1,219,813 shares of the company’s stock valued at $11,759,000 after purchasing an additional 190,152 shares in the last quarter. 32.08% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the company. Wall Street Zen raised New Mountain Finance from a “sell” rating to a “hold” rating in a research note on Sunday, April 5th. Weiss Ratings lowered New Mountain Finance from a “hold (c-)” rating to a “sell (d+)” rating in a research note on Monday, May 18th. Wells Fargo & Company reduced their price objective on New Mountain Finance from $10.00 to $8.00 and set an “equal weight” rating for the company in a research note on Thursday, February 26th. B. Riley Financial reduced their price objective on New Mountain Finance from $10.00 to $7.50 and set a “neutral” rating for the company in a research note on Tuesday, March 3rd. Finally, Zacks Research raised New Mountain Finance from a “strong sell” rating to a “hold” rating in a research note on Wednesday, May 6th. Five research analysts have rated the stock with a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $9.25.

View Our Latest Analysis on NMFC

New Mountain Finance Stock Performance

NMFC opened at $7.83 on Friday. The firm has a market cap of $739.54 million, a PE ratio of -13.50 and a beta of 0.54. The company has a quick ratio of 2.02, a current ratio of 2.02 and a debt-to-equity ratio of 1.26. The business has a fifty day simple moving average of $8.08 and a 200-day simple moving average of $8.53. New Mountain Finance Corporation has a fifty-two week low of $7.47 and a fifty-two week high of $11.04.

New Mountain Finance (NASDAQ:NMFC – Get Free Report) last issued its earnings results on Monday, May 4th. The company reported $0.32 EPS for the quarter, hitting the consensus estimate of $0.32. The business had revenue of $41.27 million during the quarter, compared to analysts’ expectations of $67.76 million. New Mountain Finance had a positive return on equity of 11.14% and a negative net margin of 18.65%.New Mountain Finance’s revenue was down 19.7% compared to the same quarter last year. During the same quarter last year, the firm posted $0.32 earnings per share. As a group, equities analysts predict that New Mountain Finance Corporation will post 1.11 EPS for the current fiscal year.

New Mountain Finance Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 30th. Stockholders of record on Tuesday, June 16th will be given a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 12.8%. The ex-dividend date of this dividend is Tuesday, June 16th. New Mountain Finance’s dividend payout ratio (DPR) is -220.69%.

Insider Buying and Selling at New Mountain Finance

In other New Mountain Finance news, Director Steven B. Klinsky bought 276,242 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was acquired at an average price of $8.05 per share, with a total value of $2,223,748.10. Following the completion of the transaction, the director directly owned 5,370,858 shares in the company, valued at approximately $43,235,406.90. This represents a 5.42% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Adam B. Weinstein bought 12,900 shares of the firm’s stock in a transaction dated Tuesday, March 17th. The stock was acquired at an average cost of $7.61 per share, with a total value of $98,169.00. Following the transaction, the executive vice president owned 751,756 shares of the company’s stock, valued at $5,720,863.16. This trade represents a 1.75% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last ninety days, insiders bought 512,900 shares of company stock valued at $4,123,169. 14.90% of the stock is currently owned by insiders.

New Mountain Finance Profile

(Free Report)

New Mountain Finance Corp. is a closed-end, externally managed business development company (BDC) that provides customized debt and equity capital solutions to U.S. middle-market companies. As a BDC organized under the Investment Company Act of 1940, New Mountain Finance invests in sponsor-backed and founder-led businesses that span a range of industry sectors, with a focus on companies demonstrating resilient growth and recurring revenue streams.

The company’s investment portfolio typically includes first-lien senior secured loans, second-lien and junior debt instruments, mezzanine financing and equity co-investments.