Nordea Investment Management AB Boosts Stock Position in Newmont Corporation $NEM

Nordea Investment Management AB increased its stake in shares of Newmont Corporation (NYSE:NEM) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 4,784,777 shares of the basic materials company’s stock after buying an additional 447,904 shares during the quarter. Nordea Investment Management AB owned about 0.44% of Newmont worth $482,162,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Brighton Jones LLC raised its holdings in shares of Newmont by 15.7% during the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after acquiring an additional 1,847 shares during the period. Woodline Partners LP grew its holdings in shares of Newmont by 40.7% in the first quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after purchasing an additional 27,813 shares during the period. Sivia Capital Partners LLC acquired a new stake in Newmont during the second quarter worth about $240,000. Avantax Advisory Services Inc. raised its stake in Newmont by 94.2% during the second quarter. Avantax Advisory Services Inc. now owns 40,086 shares of the basic materials company’s stock worth $2,335,000 after purchasing an additional 19,443 shares during the period. Finally, Wealthspire Advisors LLC purchased a new position in Newmont during the second quarter worth about $240,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Stock Performance

Shares of NEM stock opened at $95.74 on Friday. The firm has a 50 day moving average of $118.43 and a two-hundred day moving average of $99.56. The stock has a market capitalization of $104.16 billion, a PE ratio of 14.98, a P/E/G ratio of 0.74 and a beta of 0.39. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. 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, topping analysts’ consensus estimates of $1.81 by $0.71. The business had revenue of $6.82 billion for the quarter, compared to analyst estimates of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The company’s revenue was up 20.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.40 earnings per share. On average, research analysts predict that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be issued a dividend of $0.26 per share. This is a positive change from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. This represents a $1.04 annualized dividend and a yield of 1.1%. Newmont’s dividend payout ratio (DPR) is currently 16.28%.

Insider Activity

In other Newmont news, 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total value of $324,000.00. Following the completion of the transaction, 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 SEC filing for this sale provides additional information. 0.05% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on NEM shares. Citigroup increased their price target 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. Scotiabank decreased their price objective on Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a report on Friday. Stifel Nicolaus increased their price objective on Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Raymond James Financial raised their target price on Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a research note on Thursday, January 15th. Finally, National Bank Financial lifted their target price on Newmont from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Wednesday, February 4th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Newmont presently has a consensus rating of “Buy” and a consensus target price of $134.10.

More Newmont News

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.

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.