Swiss Life Asset Management Ltd Buys 10,465 Shares of Newmont Corporation $NEM

Swiss Life Asset Management Ltd raised its stake in shares of Newmont Corporation (NYSE:NEM) by 3.4% in the 3rd quarter, Holdings Channel reports. The firm owned 316,208 shares of the basic materials company’s stock after acquiring an additional 10,465 shares during the period. Swiss Life Asset Management Ltd’s holdings in Newmont were worth $26,659,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the company. CMC Financial Group bought a new position in Newmont during the third quarter valued at approximately $342,000. Cambria Investment Management L.P. increased its stake in Newmont by 1,187.2% in the 3rd quarter. Cambria Investment Management L.P. now owns 120,031 shares of the basic materials company’s stock worth $10,120,000 after acquiring an additional 110,706 shares during the last quarter. CIBC Bancorp USA Inc. bought a new stake in Newmont in the 3rd quarter worth approximately $37,661,000. Achmea Investment Management B.V. raised its holdings in shares of Newmont by 254.6% during the 3rd quarter. Achmea Investment Management B.V. now owns 472,867 shares of the basic materials company’s stock worth $39,868,000 after acquiring an additional 339,526 shares in the last quarter. Finally, Centaurus Financial Inc. purchased a new stake in shares of Newmont during the 3rd quarter worth approximately $188,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on the stock. BNP Paribas Exane raised their target price on shares of Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. UBS Group lowered their price objective on shares of Newmont from $160.00 to $150.00 and set a “buy” rating for the company in a research report on Monday, February 23rd. DZ Bank raised shares of Newmont to a “strong-buy” rating in a research note on Monday, January 19th. Stifel Nicolaus upped their target price on shares of Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research report on Tuesday, February 10th. Finally, Jefferies Financial Group lifted their price target on Newmont from $158.00 to $162.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, Newmont presently has a consensus rating of “Buy” and an average price target of $134.15.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Wall Street support and price targets: Several analysts have maintained buy/outperform ratings and the median price target in recent updates sits above the current price, giving a cushion for upside if bullion stabilizes. QuiverQuant: Newmont falls 3.2%
• Positive Sentiment: Dividend reaffirmation: Management reaffirmed the quarterly dividend in recent disclosures, which supports the company’s income profile for investors focused on yield. Yahoo Finance: Newmont Is Down 5.8%
• Neutral Sentiment: Planned, routine 10b5‑1 sale: Newmont disclosed an officer’s scheduled sale under a 10b5‑1 plan (small block), which is typically pre‑arranged and not an immediate red flag. TipRanks: Executive schedules routine sale
• Neutral Sentiment: Market reporting of the drop: Coverage notes Newmont’s share decline versus the broader market, summarizing the same drivers below as context for traders. Zacks: Newmont suffers larger drop
• Negative Sentiment: Gold weakness and 2026 guidance: Analysts and market writeups point to a softer gold backdrop (dollar strength and Fed rate expectations) and investor focus on Newmont’s 2026 outlook — which flags lower production and higher AISC — making the stock more sensitive on down days for bullion. QuiverQuant: Gold cools and investors refocus
• Negative Sentiment: Insider open‑market sale: A senior insider (David James Fry) sold ~18,394 shares (~$2.05M) recently, cutting his stake materially — transactions of this size can amplify negative sentiment, especially alongside broader selling. SEC Form 4: Insider sale
• Negative Sentiment: Macro/inflation pressure: Coverage highlights that recent U.S. inflation prints and market reaction pressured gold and raised questions about the resilience of Newmont’s cash returns under a weaker gold price scenario. Yahoo Finance: Inflation-driven gold weakness

Insiders Place Their Bets

In related news, insider David James Fry sold 18,394 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total value of $2,050,011.30. Following the sale, the insider directly owned 17,147 shares of the company’s stock, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.05% of the stock is owned by company insiders.

Newmont Stock Down 4.3%

Shares of NEM opened at $106.29 on Thursday. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The business has a fifty day moving average of $118.86 and a 200 day moving average of $99.25. The company has a market cap of $115.63 billion, a PE ratio of 16.63, a P/E/G ratio of 0.86 and a beta of 0.39. Newmont Corporation has a 52-week low of $42.93 and a 52-week high of $134.88.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter in the previous year, the business posted $1.40 earnings per share. The business’s revenue was up 20.6% compared to the same quarter last year. On average, sell-side analysts expect that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.0%. The ex-dividend date is Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is currently 16.28%.

Newmont Profile

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.