Newmont Corporation $NEM Shares Newly Purchased by Walled Lake Planning & Wealth Management LLC

Posted by Stanley Muller on Nov 2nd, 2026

Walled Lake Planning & Wealth Management LLC acquired a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 5,194 shares of the basic materials company’s stock, valued at approximately $599,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hourglass Capital LLC acquired a new stake in Newmont in the 3rd quarter valued at $13,066,000. FARMERS & MERCHANTS TRUST Co OF LONG BEACH acquired a new position in shares of Newmont during the 3rd quarter worth about $814,000. Northwestern Mutual Wealth Management Co. acquired a new position in shares of Newmont during the 2nd quarter worth about $36,180,000. Fifth Third Wealth Advisors LLC acquired a new position in shares of Newmont during the 3rd quarter worth about $1,769,000. Finally, Asset One Wealth Management LLC bought a new position in shares of Newmont in the 2nd quarter valued at about $2,866,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Stock Performance

Shares of NEM stock opened at $106.60 on Monday. The stock has a market cap of $110.78 billion, a P/E ratio of 12.40, a P/E/G ratio of 1.95 and a beta of 0.51. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.45 and a quick ratio of 2.16. The company has a fifty day moving average price of $120.62 and a two-hundred day moving average price of $112.48. Newmont Corporation has a one year low of $78.60 and a one year high of $135.29.

Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, beating analysts’ consensus estimates of $1.94 by $0.26. The company had revenue of $6.36 billion during the quarter, compared to the consensus estimate of $6.27 billion. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The company’s quarterly revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 EPS. As a group, equities analysts predict that Newmont Corporation will post 9.11 EPS for the current year.

Newmont Announces Dividend

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

Insider Activity at Newmont

In related news, CEO Natascha Viljoen sold 3,882 shares of Newmont stock in a transaction dated Thursday, October 1st. The stock was sold at an average price of $114.81, for a total transaction of $445,692.42. Following the completion of the transaction, the chief executive officer owned 127,471 shares in the company, valued at approximately $14,634,945.51. This trade represents a 2.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible 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 Newmont stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the transaction, the chief financial officer owned 29,324 shares of the company’s stock, valued at $3,081,659.16. The trade was a 28.07% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 32,973 shares of company stock worth $3,646,819. Insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

NEM has been the topic of a number of recent research reports. Scotiabank lowered their target price on Newmont from $149.00 to $148.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 27th. Royal Bank Of Canada increased their price target on Newmont from $135.00 to $155.00 and gave the company an “outperform” rating in a research report on Wednesday, September 16th. Canadian Imperial Bank of Commerce set a $154.00 price target on Newmont in a research note on Friday, October 16th. BNP Paribas Exane raised their price target on Newmont from $102.00 to $112.00 and gave the company a “neutral” rating in a research note on Monday, August 17th. Finally, RBC Dominion Securities set a $155.00 price target on Newmont and gave the stock an “outperform” rating in a research report on Thursday, October 22nd. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Newmont presently has a consensus rating of “Moderate Buy” and a consensus price target of $137.20.

Read Our Latest Analysis 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.