Jones Financial Companies Lllp Grows Position in Newmont Corporation $NEM

Jones Financial Companies Lllp grew its holdings in Newmont Corporation (NYSE:NEM) by 27.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 42,928 shares of the basic materials company’s stock after buying an additional 9,243 shares during the period. Jones Financial Companies Lllp’s holdings in Newmont were worth $3,659,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Concord Wealth Partners boosted its holdings in shares of Newmont by 534.7% during the 2nd quarter. Concord Wealth Partners now owns 457 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 385 shares during the last quarter. Evermay Wealth Management LLC boosted its stake in Newmont by 408.2% during the second quarter. Evermay Wealth Management LLC now owns 498 shares of the basic materials company’s stock worth $29,000 after buying an additional 400 shares during the last quarter. Capital A Wealth Management LLC grew its holdings in Newmont by 1,648.3% in the 2nd quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock valued at $30,000 after buying an additional 478 shares in the last quarter. Caldwell Trust Co acquired a new stake in shares of Newmont in the 2nd quarter worth $31,000. Finally, Country Trust Bank acquired a new stake in shares of Newmont in the 2nd quarter worth $32,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Newmont Stock Up 6.2%

Newmont stock opened at $115.27 on Friday. The company has a market capitalization of $125.79 billion, a PE ratio of 17.90, a price-to-earnings-growth ratio of 0.88 and a beta of 0.40. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.74 and a current ratio of 2.04. Newmont Corporation has a fifty-two week low of $41.23 and a fifty-two week high of $134.88. The firm has a 50 day moving average price of $107.05 and a 200 day moving average price of $88.99.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on NEM. DZ Bank raised shares of Newmont to a “strong-buy” rating in a report on Monday, January 19th. Canaccord Genuity Group raised their price target on shares of Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. UBS Group reiterated a “buy” rating and issued a $160.00 price objective on shares of Newmont in a report on Friday, January 30th. BMO Capital Markets increased their price objective on Newmont from $114.00 to $145.00 and gave the stock an “outperform” rating in a research report on Wednesday, January 28th. Finally, The Goldman Sachs Group lifted their target price on Newmont from $99.90 to $123.90 and gave the company a “buy” rating in a research report on Monday, January 12th. Four research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus price target of $124.83.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s Ahafo North start in Ghana brings incremental production that supports the company’s growth story and near‑term supply outlook, giving investors confidence in organic volume gains. Newmont’s Ahafofo North Start Adds Ghana Output To Growth Story
• Positive Sentiment: Macquarie raised its price target on NEM to $126 and kept an “outperform” rating — analyst upward revisions typically provide near‑term buying support and signal expected upside versus the market. Macquarie Adjusts Price Target on Newmont to $126
• Positive Sentiment: National Bankshares published a bullish forecast for Newmont, flagging strong price appreciation potential — another confirmation from the sell‑side that can attract buyers. National Bankshares Forecasts Strong Price Appreciation for Newmont (NYSE:NEM) Stock
• Neutral Sentiment: Jim Cramer mentioned Newmont on air in the context of comparing gold miners; his comments were not a strong buy signal (he suggested a caller holding AEM might not need NEM), so this is market color rather than a major catalyst. Jim Cramer on Investing in Newmont While Holding AEM
• Neutral Sentiment: Zacks highlighted basic‑materials stocks that could beat earnings using its Earnings ESP tool; this broader sector attention can lift peers like Newmont around results season but isn’t a direct company catalyst. These 2 Basic Materials Stocks Could Beat Earnings
• Negative Sentiment: MarketBeat’s contrarian piece warns gold and precious‑metals miners may be due for a pullback and explicitly cautions against chasing miners including Newmont — that narrative can trigger profit‑taking from momentum traders. 3 Contrarian “Buy the Dip” Picks—and One Area to Avoid

Insider Buying and Selling at Newmont

In related news, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $92.36, for a total value of $192,108.80. Following the sale, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. The trade was a 5.98% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.05% of the company’s stock.

About Newmont

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.