WESPAC Advisors LLC Takes $670,000 Position in Newmont Corporation $NEM

WESPAC Advisors LLC bought a new position in shares of Newmont Corporation (NYSE:NEM) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 6,714 shares of the basic materials company’s stock, valued at approximately $670,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Brighton Jones LLC grew its stake in shares of Newmont by 15.7% in the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after purchasing an additional 1,847 shares during the last quarter. Woodline Partners LP increased its stake in 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 in the last quarter. Sivia Capital Partners LLC acquired a new position in shares of Newmont during the second quarter valued at about $240,000. Global Retirement Partners LLC bought a new position in shares of Newmont during the 2nd quarter worth about $446,000. Finally, XTX Topco Ltd acquired a new stake in shares of Newmont in the 2nd quarter valued at about $905,000. 68.85% of the stock is owned by institutional investors.

Newmont Stock Down 0.2%

NEM stock opened at $101.87 on Monday. Newmont Corporation has a 1-year low of $42.93 and a 1-year high of $134.88. The stock has a market cap of $110.02 billion, a P/E ratio of 15.94, a P/E/G ratio of 0.79 and a beta of 0.39. The stock’s fifty day simple moving average is $117.03 and its two-hundred day simple moving average is $100.57. 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 EPS for the quarter, topping analysts’ consensus estimates of $1.81 by $0.71. The company had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business’s revenue for the quarter was up 20.6% compared to the same quarter last year. During the same period in the previous year, the business posted $1.40 EPS. Analysts expect that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were paid a $0.26 dividend. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. Newmont’s dividend payout ratio is presently 16.28%.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on NEM shares. Sanford C. Bernstein upgraded Newmont from a “market perform” rating to an “outperform” rating and increased their price target for the stock from $121.00 to $157.00 in a report on Friday, February 27th. Zacks Research upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a report on Thursday, March 5th. UBS Group dropped their price target on shares of Newmont from $150.00 to $140.00 and set a “buy” rating on the stock in a research report on Friday. BMO Capital Markets decreased their price objective on Newmont from $145.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Finally, Macquarie Infrastructure raised their target price on Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $133.57.

Insider Buying and Selling

In other news, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at $1,911,033.15. This trade represents a 51.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $108.00, for a total transaction of $324,000.00. Following the completion of the sale, the executive vice president directly owned 55,315 shares in the company, valued at $5,974,020. This trade represents 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.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Macro/strategy pieces are recommending rotation into gold miners as a hedge amid market uncertainty, which boosts demand for large producers like Newmont; that thematic flow into miners is a direct positive for NEM. Sell, Hedge, Rotate: Victor Dergunov’s Strategy
• Positive Sentiment: Market commentary arguing the pullback in gold is a buying opportunity highlights Newmont as a high-quality, dividend-paying exposure to gold, supporting investor interest in NEM shares.
• Neutral Sentiment: UBS trimmed its price target from $150 to $140 but maintained a “Buy” rating and still projects meaningful upside (~37% from current levels), which provides analytical support for the rally even though the cut is modestly negative. UBS Lowers PT to $140
• Neutral Sentiment: Corporate filings: Newmont filed its 2026 proxy materials and has published its 2025 annual report — routine governance/disclosure updates that reduce uncertainty but are not immediate catalysts. Newmont Files 2026 Proxy Materials Newmont Files 2025 Annual Report
• Neutral Sentiment: Vanguard reported a change to “zero direct beneficial ownership” in Newmont after an internal realignment — likely an administrative reporting change rather than a vote of no confidence, but worth monitoring if it affects passive flows. Vanguard Reports Zero Direct Ownership
• Negative Sentiment: Geopolitical risk: Barron’s reports that the Iran conflict has been weighing on mining stocks broadly; such risk-driven selloffs can pressure Newmont despite company-specific positives. Why the Iran War Is Crippling Mining Stocks

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.