Secured Retirement Advisors LLC Has $1.22 Million Position in Newmont Corporation $NEM

Secured Retirement Advisors LLC lessened its stake in Newmont Corporation (NYSE:NEM) by 33.9% in the 4th quarter, HoldingsChannel.com reports. The firm owned 12,246 shares of the basic materials company’s stock after selling 6,275 shares during the period. Secured Retirement Advisors LLC’s holdings in Newmont were worth $1,223,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of the company. Apella Capital LLC raised its position in shares of Newmont by 4.1% during the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock worth $219,000 after acquiring an additional 86 shares during the last quarter. New Wave Wealth Advisors LLC boosted its holdings in Newmont by 1.3% in the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company’s stock valued at $684,000 after acquiring an additional 88 shares during the last quarter. Novem Group increased its position in Newmont by 3.7% in the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company’s stock worth $248,000 after purchasing an additional 88 shares during the period. Norden Group LLC raised its holdings in Newmont by 0.7% during the 4th quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock worth $1,235,000 after purchasing an additional 90 shares during the last quarter. Finally, Brown Miller Wealth Management LLC raised its holdings in Newmont by 2.7% during the 4th quarter. Brown Miller Wealth Management LLC now owns 4,268 shares of the basic materials company’s stock worth $426,000 after purchasing an additional 113 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on NEM. TD Securities reaffirmed a “hold” rating and issued a $129.00 target price on shares of Newmont in a research note on Monday. DZ Bank raised shares of Newmont to a “strong-buy” rating in a research note on Monday, January 19th. TD increased their price objective on shares of Newmont from $116.00 to $129.00 and gave the company a “hold” rating in a report on Monday. Stifel Nicolaus raised their price objective on shares of Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, National Bank Financial upped their target price on shares of Newmont from $130.00 to $140.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat, Newmont currently has an average rating of “Moderate Buy” and an average target price of $142.51.

Insider Activity

In other Newmont news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total value of $339,270.00. Following the completion of the transaction, the executive vice president directly owned 52,315 shares of the company’s stock, valued at approximately $5,916,303.35. The trade was a 5.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David James Fry sold 18,394 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the sale, the insider owned 17,147 shares of the company’s stock, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 24,394 shares of company stock worth $2,713,281. Corporate insiders own 0.06% of the company’s stock.

Newmont Stock Up 3.4%

Shares of NYSE:NEM opened at $111.22 on Friday. Newmont Corporation has a 52 week low of $48.27 and a 52 week high of $134.88. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. The company has a market capitalization of $118.74 billion, a PE ratio of 14.43, a PEG ratio of 1.98 and a beta of 0.46. The company has a 50 day moving average price of $113.57 and a two-hundred day moving average price of $105.35.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, topping analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company had revenue of $7.31 billion for the quarter, compared to analysts’ expectations of $6.83 billion. During the same period last year, the firm posted $1.25 earnings per share. The business’s quarterly revenue was up 45.8% compared to the same quarter last year. Analysts forecast that Newmont Corporation will post 9.37 earnings per share for the current year.

Newmont Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.26 per share. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont’s payout ratio is currently 13.49%.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Strong Q1 operational and financial results — Newmont reported ~1.3M attributable gold ounces, a record ~$3.1B in quarterly free cash flow, plus revenue and EPS that beat estimates, underlining cash-generation strength that supports buybacks/dividends. This is Why Newmont Corporation (NEM) is Goldman Sachs Top Gold Stock Pick
• Positive Sentiment: Goldman Sachs named Newmont a top gold pick, increasing investor confidence in the company’s outlook and strategy. This is Why Newmont Corporation (NEM) is Goldman Sachs Top Gold Stock Pick
• Positive Sentiment: Analyst upgrades/price-target raises — Canaccord Genuity raised its target to $160 (maintained Buy), and TD Securities lifted its target to $129, signaling upside from current levels and reinforcing buy-side momentum. Canaccord Genuity adjusts price target on Newmont to $160
• Positive Sentiment: Large institutional interest — Vanguard disclosed a ~7.7% stake, which can be interpreted as a vote of confidence from a major passive/active manager and may increase investor demand. Vanguard Discloses 7.7% Stake in Newmont Corporation
• Neutral Sentiment: Published 2025 Sustainability and Taxes & Royalties reports — enhances ESG transparency and could support long-term investor interest, but is less likely to move near-term price than earnings/cash flow news. Newmont Publishes 2025 Sustainability and Taxes & Royalties Reports
• Neutral Sentiment: Valuation discussion — Commentary asks whether shares are expensive after a strong one‑year rally; useful for longer-term positioning but hasn’t outweighed positive fundamental/flow drivers this session. Is It Too Late To Consider Newmont (NEM) After Its 107% One Year Rally?
• Neutral Sentiment: Press coverage noting analyst bullishness across materials names — reinforces the positive narrative but is aggregate commentary rather than company-specific news. Analysts Are Bullish on Top Materials Stocks

Newmont Company 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.