Park Avenue Securities LLC Raises Stock Position in Newmont Corporation $NEM

Park Avenue Securities LLC boosted its holdings in shares of Newmont Corporation (NYSE:NEM) by 15.5% in the fourth quarter, HoldingsChannel reports. The firm owned 73,295 shares of the basic materials company’s stock after buying an additional 9,833 shares during the period. Park Avenue Securities LLC’s holdings in Newmont were worth $7,318,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Newmont during the 2nd quarter worth about $919,170,000. Invesco Ltd. lifted its holdings in shares of Newmont by 45.0% in the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company’s stock valued at $908,152,000 after buying an additional 4,839,447 shares during the period. Boston Partners lifted its holdings in shares of Newmont by 4,090.7% in the 2nd quarter. Boston Partners now owns 4,643,057 shares of the basic materials company’s stock valued at $272,558,000 after buying an additional 4,532,263 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in shares of Newmont by 172.2% in the third quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company’s stock worth $362,888,000 after buying an additional 2,723,044 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Newmont by 106.9% in the third quarter. Arrowstreet Capital Limited Partnership now owns 4,155,210 shares of the basic materials company’s stock worth $349,288,000 after buying an additional 2,146,905 shares during the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.

Newmont Price Performance

NYSE:NEM opened at $95.74 on Friday. The stock has a 50 day moving average of $118.43 and a two-hundred day moving average of $99.40. Newmont Corporation has a 12 month low of $42.93 and a 12 month high of $134.88. The firm has a market cap of $104.16 billion, a P/E ratio of 14.98, a price-to-earnings-growth ratio of 0.77 and a beta of 0.39. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16.

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

Newmont Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be issued a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. The ex-dividend date is Tuesday, March 3rd. This is an increase from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is 16.28%.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont reported strong quarterly results and recently raised its quarterly dividend, underpinning cash flow and income appeal for long‑term investors.
• Positive Sentiment: Scotiabank maintained a “sector outperform” view on NEM (small trim to its price target), leaving a large implied upside from current levels — a sign some sell‑side support remains. Read More.
• Neutral Sentiment: Analyst coverage remains tilted positive overall (consensus rating = Buy and a high average price target), which could limit downside if bullion stabilizes.
• Neutral Sentiment: Company disclosures include routine 10b5‑1 sales by executives (planned program) — typically pre‑arranged and not an immediate operational red flag. Read More.
• Negative Sentiment: Macro fears that the Fed may delay rate cuts amid sticky inflation and higher oil prices have driven gold and silver lower; miners like Newmont are highly sensitive to bullion moves, pressuring the share price. Read More.
• Negative Sentiment: Rising fuel costs and weaker gold prices are being cited as squeezing miners’ margins and raising concerns about 2026 cost/volume outlook — a direct headwind to near‑term earnings expectations. Read More.
• Negative Sentiment: Recent open‑market insider selling (David James Fry sold ~18,394 shares, disclosed via SEC Form 4) has amplified negative sentiment during a broader sector pullback. Read More.
• Negative Sentiment: Multiple market write‑ups flagged sharp intraday declines after the Fed’s signal and weaker bullion; momentum selling in the sector has exacerbated Newmont’s drop. Read More.

Insider Buying and Selling at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total transaction of $324,000.00. Following the sale, the executive vice president owned 55,315 shares of the company’s stock, valued at $5,974,020. The trade was a 5.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 transaction 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 disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. DZ Bank upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Raymond James Financial upped their price objective on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Royal Bank Of Canada lifted their target price on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Citigroup boosted their target price on shares of Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Finally, Wall Street Zen raised shares of Newmont from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Buy” and an average target price of $134.10.

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.