Gryphon Financial Partners LLC Buys 10,443 Shares of Newmont Corporation $NEM

Posted by Geri Gentry on Nov 10th, 2026

Gryphon Financial Partners LLC bought a new position in shares of Newmont Corporation (NYSE:NEM – Free Report) during the 3rd quarter, Holdings Channel reports. The fund bought 10,443 shares of the basic materials company’s stock, valued at approximately $1,204,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. BlackRock Inc. purchased a new position in shares of Newmont in the 2nd quarter valued at about $11,289,753,000. State Street Corp boosted its position in Newmont by 3.1% during the second quarter. State Street Corp now owns 52,396,702 shares of the basic materials company’s stock worth $4,893,852,000 after acquiring an additional 1,565,716 shares during the last quarter. Van ECK Associates Corp purchased a new stake in Newmont in the 2nd quarter worth approximately $671,197,000. Bank of New York Mellon Corp purchased a new stake in Newmont in the 2nd quarter worth approximately $1,219,505,000. Finally, First Eagle Investment Management LLC acquired a new position in Newmont in the 2nd quarter valued at $241,820,000. 68.85% of the stock is owned by institutional investors and hedge funds.

Newmont Stock Performance

Shares of NEM stock opened at $125.13 on Tuesday. Newmont Corporation has a one year low of $81.34 and a one year high of $135.29. 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 company has a 50 day moving average price of $118.81 and a 200 day moving average price of $112.51. The firm has a market capitalization of $130.03 billion, a price-to-earnings ratio of 14.55, a price-to-earnings-growth ratio of 2.15 and a beta of 0.56.

Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings results on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.26. The company had revenue of $6.36 billion for 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%. Newmont’s revenue was up 15.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.71 earnings per share. Sell-side analysts anticipate that Newmont Corporation will post 9.14 EPS for the current year.

Newmont Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Wednesday, November 25th. Newmont’s dividend payout ratio is presently 12.09%.

Insiders Place Their Bets

In other Newmont news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $108.04, for a total transaction of $324,120.00. Following the completion of the sale, the executive vice president owned 31,315 shares of the company’s stock, valued at approximately $3,383,272.60. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 shares of the company’s stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $108.04, for a total value of $419,411.28. Following the sale, the chief executive officer owned 101,691 shares of the company’s stock, valued at $10,986,695.64. This represents a 3.68% decrease in their ownership of the stock. 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. Over the last 90 days, insiders have sold 20,646 shares of company stock valued at $2,380,140. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on NEM. Wall Street Zen cut Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Freedom Broker downgraded Newmont from a “buy” rating to a “hold” rating and lowered their price objective for the company from $130.00 to $116.00 in a research report on Thursday, October 22nd. Weiss Ratings upgraded Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, October 16th. Barclays reduced their target price on Newmont from $124.00 to $123.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Finally, Jefferies Financial Group raised their price target on Newmont from $146.00 to $155.00 in a research note on Friday, October 9th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Newmont presently has an average rating of “Moderate Buy” and an average price target of $137.20.

Check Out Our Latest Report on Newmont