US Bancorp DE Boosts Stock Position in Newmont Corporation $NEM

US Bancorp DE grew its holdings in shares of Newmont Corporation (NYSE:NEM) by 5.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 183,948 shares of the basic materials company’s stock after buying an additional 8,993 shares during the quarter. US Bancorp DE’s holdings in Newmont were worth $15,509,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Catalyst Financial Partners LLC raised its holdings in Newmont by 6.2% in the third quarter. Catalyst Financial Partners LLC now owns 3,978 shares of the basic materials company’s stock valued at $335,000 after acquiring an additional 232 shares in the last quarter. Hager Investment Management Services LLC increased its position in shares of Newmont by 133.6% in the 3rd quarter. Hager Investment Management Services LLC now owns 7,841 shares of the basic materials company’s stock worth $661,000 after purchasing an additional 4,485 shares during the last quarter. Empirical Asset Management LLC acquired a new stake in shares of Newmont in the 3rd quarter valued at about $840,000. Colonial Trust Advisors lifted its position in shares of Newmont by 20.8% during the third quarter. Colonial Trust Advisors now owns 684 shares of the basic materials company’s stock worth $58,000 after purchasing an additional 118 shares during the last quarter. Finally, Waddell & Associates LLC lifted its position in shares of Newmont by 22.7% during the third quarter. Waddell & Associates LLC now owns 13,381 shares of the basic materials company’s stock worth $1,128,000 after purchasing an additional 2,474 shares during the last quarter. Institutional investors own 68.85% of the company’s stock.

Insider Transactions at Newmont

In other Newmont news, Director Bruce R. Brook sold 2,080 shares of the company’s stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the transaction, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. This represents a 5.98% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.05% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several brokerages recently weighed in on NEM. UBS Group lowered their price objective on Newmont from $160.00 to $150.00 and set a “buy” rating for the company in a report on Monday, February 23rd. BMO Capital Markets lowered their price target on Newmont from $145.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, February 20th. TD Cowen upped their price target on Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Raymond James Financial lifted their price objective on shares of Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a report on Thursday, January 15th. Finally, BNP Paribas Exane boosted their target price on shares of Newmont from $97.00 to $123.00 and gave the company a “neutral” rating in a research note on Thursday, February 12th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, Newmont presently has an average rating of “Moderate Buy” and an average target price of $129.73.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

Newmont Trading Up 2.0%

Shares of NYSE NEM opened at $130.03 on Friday. The company has a market cap of $141.45 billion, a price-to-earnings ratio of 20.35, a price-to-earnings-growth ratio of 1.11 and a beta of 0.40. Newmont Corporation has a 12-month low of $41.23 and a 12-month high of $134.88. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. The stock’s 50 day simple moving average is $115.77 and its 200 day simple moving average is $95.15.

Newmont (NYSE:NEM) last issued its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The firm’s revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the business earned $1.40 EPS. Equities research analysts expect that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be given a $0.26 dividend. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a yield of 0.8%. This is a boost from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is 15.65%.

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.