10,976 Shares in Newmont Corporation $NEM Purchased by TFB Advisors LLC

TFB Advisors LLC purchased a new position in Newmont Corporation (NYSE:NEM) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 10,976 shares of the basic materials company’s stock, valued at approximately $1,266,000.

Several other institutional investors also recently added to or reduced their stakes in NEM. Accel Wealth Management increased its position in Newmont by 0.8% during the second quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock worth $1,377,000 after acquiring an additional 115 shares during the period. Compound Planning Inc. boosted its holdings in Newmont by 0.6% in the 1st quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company’s stock valued at $2,294,000 after purchasing an additional 121 shares during the period. Center for Financial Planning Inc. boosted its holdings in Newmont by 6.7% in the 3rd quarter. Center for Financial Planning Inc. now owns 1,921 shares of the basic materials company’s stock valued at $222,000 after purchasing an additional 121 shares during the period. Zhang Financial LLC boosted its holdings in Newmont by 0.8% in the 1st quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company’s stock valued at $1,707,000 after purchasing an additional 124 shares during the period. Finally, Heartland Bank & Trust Co boosted its holdings in Newmont by 3.0% in the 1st quarter. Heartland Bank & Trust Co now owns 4,331 shares of the basic materials company’s stock valued at $469,000 after purchasing an additional 127 shares during the period. 68.85% of the stock is owned by institutional investors.

Insider Transactions at Newmont

In related news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $108.04, for a total value of $324,120.00. Following the sale, the executive vice president owned 31,315 shares of the company’s stock, valued at $3,383,272.60. The trade was a 8.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 3,882 shares of the stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total transaction of $477,486.00. Following the completion of the transaction, the chief executive officer directly owned 131,353 shares of the company’s stock, valued at $16,156,419. This trade represents a 2.87% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 20,646 shares of company stock valued at $2,380,140 over the last ninety days. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have recently issued reports on NEM shares. BNP Paribas Exane boosted their price objective on shares of Newmont from $102.00 to $112.00 and gave the stock a “neutral” rating in a report on Monday, August 17th. BMO Capital Markets upped their price objective on shares of Newmont from $135.00 to $145.00 and gave the company an “outperform” rating in a research report on Tuesday, September 29th. Citigroup increased their target price on shares of Newmont from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Tuesday, October 20th. Raymond James Financial restated an “outperform” rating and set a $140.00 price target (up from $131.00) on shares of Newmont in a research note on Monday, August 24th. Finally, Weiss Ratings raised Newmont from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday, October 16th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $137.20.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong third-quarter performance—higher sales and net income, lower reported costs, and upgraded full-year production guidance—supports the bullish view. The report also points to a recent sharp rise in the shares. Article: Is Newmont Still Undervalued?
• Positive Sentiment: Scotiabank raised its 2026 EPS estimate to $9.23 from $8.96 and maintained a Sector Outperform rating with a $148 price target, signaling confidence in near-term earnings. Article: Scotiabank raises Newmont 2026 EPS estimate
• Positive Sentiment: Newmont’s free cash flow is helping fund growth projects and additional shareholder returns, potentially supporting longer-term value. Article: Can Newmont’s Free Cash Flow Momentum Carry Into Q4?
• Neutral Sentiment: Scotiabank lowered its 2027 EPS estimate to $9.03 from $9.14, though it retained its Sector Outperform rating and $148 target. The adjustment tempers, but does not overturn, its positive stance. Article: Scotiabank adjusts Newmont EPS estimates
• Neutral Sentiment: A Zacks article highlighted Newmont as a potential long-term growth stock, but provided no company-specific new catalyst in the supplied summary. Article: Newmont as a Long-Term Growth Stock
• Negative Sentiment: EVP Peter Toth sold 3,000 shares, a modest potential sentiment overhang; the sale was made under a prearranged trading plan. Article: Newmont EVP Sells Shares

Newmont Stock Up 1.4%

Shares of NEM stock opened at $119.74 on Friday. The stock has a market cap of $124.43 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 2.15 and a beta of 0.56. Newmont Corporation has a one year low of $81.34 and a one year high of $135.29. The stock has a fifty day moving average price of $119.10 and a 200 day moving average price of $112.47. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.45 and a quick ratio of 2.16.

Newmont (NYSE:NEM) last posted its quarterly earnings results on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.94 by $0.26. The firm had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.27 billion. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The business’s revenue was up 15.2% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.71 earnings per share. Analysts predict that Newmont Corporation will post 9.14 earnings per share for the current year.

Newmont Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Stockholders of record on Wednesday, November 25th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 25th. Newmont’s dividend payout ratio (DPR) is presently 12.09%.

Newmont Profile

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.