Newmont Corporation $NEM Shares Purchased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC raised its position in Newmont Corporation (NYSE:NEMFree Report) by 4.5% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 126,525 shares of the basic materials company’s stock after buying an additional 5,397 shares during the period. Janney Montgomery Scott LLC’s holdings in Newmont were worth $13,696,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of NEM. GoalVest Advisory LLC acquired a new position in shares of Newmont in the fourth quarter worth about $25,000. Swiss RE Ltd. acquired a new stake in Newmont during the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC increased its holdings in Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 206 shares during the last quarter. JPL Wealth Management LLC acquired a new position in shares of Newmont in the 3rd quarter valued at approximately $27,000. Finally, Lodestone Wealth Management LLC acquired a new position in shares of Newmont in the 4th quarter valued at approximately $28,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Newmont Price Performance

Shares of NYSE NEM opened at $93.16 on Thursday. Newmont Corporation has a twelve month low of $55.37 and a twelve month high of $134.88. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. The company has a market capitalization of $99.45 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 1.55 and a beta of 0.46. The business has a 50 day simple moving average of $106.66 and a 200-day simple moving average of $110.89.

Newmont (NYSE:NEMGet Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.83. The firm had revenue of $7.31 billion for the quarter, compared to analysts’ expectations of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The firm’s revenue for the quarter was up 45.8% on a year-over-year basis. During the same period last year, the business posted $1.25 earnings per share. As a group, equities research analysts expect that Newmont Corporation will post 9.91 earnings per share for the current year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th were given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date was Wednesday, May 27th. Newmont’s dividend payout ratio (DPR) is presently 13.49%.

Key Newmont News

Here are the key news stories impacting Newmont this week:

  • Positive Sentiment: UBS and Goldman Sachs both kept bullish ratings on Newmont while lowering price targets, indicating analysts still see meaningful upside from current levels. Article Title
  • Positive Sentiment: Raymond James also reiterated an outperform view on Newmont, reinforcing optimism despite weaker gold prices. Article Title
  • Positive Sentiment: Newmont was highlighted as a potential long-haul beneficiary if gold prices rebound after their steep recent selloff. Article Title
  • Positive Sentiment: Newmont’s upcoming second-quarter 2026 earnings release could be a catalyst if results show strong cash flow and resilience versus softer gold prices. Article Title
  • Neutral Sentiment: An insider sale filing by executive Peter Toth under a trading plan may create some headline noise, but the transaction is small and does not necessarily signal a change in outlook. Article Title

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the company. BMO Capital Markets decreased their price target on shares of Newmont from $145.00 to $135.00 and set an “outperform” rating for the company in a research report on Tuesday, June 23rd. Barclays began coverage on shares of Newmont in a report on Thursday, May 21st. They issued an “overweight” rating and a $133.00 price target on the stock. National Bank Financial increased their price objective on shares of Newmont from $130.00 to $140.00 and gave the company a “sector perform” rating in a research note on Friday, April 24th. Weiss Ratings lowered shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 17th. Finally, TD Cowen reissued a “buy” rating on shares of Newmont in a research report on Monday, April 27th. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $139.35.

View Our Latest Stock Report on NEM

Insider Buying and Selling at Newmont

In related news, insider David John Thornton sold 2,296 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $252,812.56. Following the sale, the insider owned 23,163 shares in the company, valued at $2,550,477.93. This represents a 9.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 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. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $105.32, for a total transaction of $315,960.00. Following the completion of the transaction, the executive vice president directly owned 46,315 shares in the company, valued at $4,877,895.80. This represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 25,556 shares of company stock valued at $2,781,006. Corporate insiders own 0.06% of the company’s stock.

Newmont Company Profile

(Free Report)

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.

Further Reading

Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEMFree Report).

Institutional Ownership by Quarter for Newmont (NYSE:NEM)

Receive News & Ratings for Newmont Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newmont and related companies with MarketBeat.com's FREE daily email newsletter.