Manning & Napier Advisors LLC Has $11.35 Million Holdings in Newmont Corporation $NEM

Manning & Napier Advisors LLC lessened its position in Newmont Corporation (NYSE:NEM) by 11.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 111,471 shares of the basic materials company’s stock after selling 14,467 shares during the quarter. Manning & Napier Advisors LLC’s holdings in Newmont were worth $11,354,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Apella Capital LLC lifted its holdings in shares of Newmont by 4.1% in the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock valued at $219,000 after purchasing an additional 86 shares in the last quarter. New Wave Wealth Advisors LLC grew its holdings in shares of Newmont by 1.3% during the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company’s stock valued at $684,000 after buying an additional 88 shares in the last quarter. Novem Group grew its holdings in shares of Newmont by 3.7% during the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company’s stock valued at $248,000 after buying an additional 88 shares in the last quarter. Norden Group LLC raised its position in Newmont by 0.7% during the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock valued at $1,235,000 after buying an additional 90 shares during the period. Finally, Coston McIsaac & Partners raised its position in Newmont by 28.6% during the fourth quarter. Coston McIsaac & Partners now owns 450 shares of the basic materials company’s stock valued at $44,000 after buying an additional 100 shares during the period. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Price Performance

NEM opened at $116.45 on Friday. The stock has a fifty day moving average price of $112.91 and a 200 day moving average price of $105.96. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 1 year low of $48.27 and a 1 year high of $134.88. The stock has a market cap of $124.32 billion, a price-to-earnings ratio of 15.10, a PEG ratio of 1.58 and a beta of 0.43.

Newmont (NYSE:NEM) last issued its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, topping the consensus estimate of $2.07 by $0.83. The company had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The business’s revenue was up 45.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.25 EPS. Analysts forecast that Newmont Corporation will post 9.72 EPS for the current fiscal year.

Newmont Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Investors of record on Wednesday, May 27th will be issued a $0.26 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s dividend payout ratio is currently 13.49%.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. BMO Capital Markets raised their price objective on Newmont from $140.00 to $145.00 and gave the stock an “outperform” rating in a research report on Friday, April 24th. Jefferies Financial Group upped their target price on Newmont from $162.00 to $165.00 and gave the company a “buy” rating in a report on Friday, April 10th. DZ Bank raised shares of Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Citigroup raised their price target on shares of Newmont from $118.00 to $150.00 and gave the stock a “buy” rating in a report on Tuesday, March 3rd. Finally, Canaccord Genuity Group boosted their price objective on shares of Newmont from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, April 29th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $142.51.

Insider Buying and Selling at Newmont

In other Newmont news, EVP Peter Wexler sold 13,378 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $1,473,051.58. Following the completion of the sale, the executive vice president directly owned 67,865 shares of the company’s stock, valued at $7,472,615.15. The trade was a 16.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at 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 stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $330,330.00. Following the transaction, the executive vice president owned 49,315 shares in the company, valued at approximately $5,430,074.65. This trade represents a 5.73% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 43,068 shares of company stock worth $4,769,475 in the last ninety days. Insiders own 0.06% of the company’s stock.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s Q1 2026 results highlighted record free cash flow, stronger commodity prices, and an expanded $6 billion buyback, all of which reinforce the company’s ability to generate cash and reward shareholders. Assessing Newmont (NEM) Valuation After Record Free Cash Flow And Expanded US$6b Buyback
• Positive Sentiment: Zacks Research raised multiple future earnings estimates for Newmont, including FY2026, FY2027, and FY2028, signaling improved profit expectations over the coming years. MarketBeat Newmont Research Report
• Neutral Sentiment: Newmont is also being watched as a trending stock on Zacks, reflecting elevated investor interest rather than a clear new fundamental development. Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Despite the upgraded estimates, Zacks Research kept a Hold rating on Newmont, suggesting analysts see upside in earnings but are not yet ready to turn more bullish on the shares. MarketBeat Newmont Research Report

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.