Towarzystwo Funduszy Inwestycyjnych PZU SA Sells 21,395 Shares of Newmont Corporation $NEM

Towarzystwo Funduszy Inwestycyjnych PZU SA lowered its stake in shares of Newmont Corporation (NYSE:NEM) by 31.2% in the third quarter, Holdings Channel reports. The institutional investor owned 47,170 shares of the basic materials company’s stock after selling 21,395 shares during the period. Newmont accounts for approximately 0.9% of Towarzystwo Funduszy Inwestycyjnych PZU SA’s holdings, making the stock its 16th biggest position. Towarzystwo Funduszy Inwestycyjnych PZU SA’s holdings in Newmont were worth $3,977,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in NEM. Brighton Jones LLC grew 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 purchasing an additional 1,847 shares in the last quarter. Woodline Partners LP increased its position in shares of Newmont by 40.7% during 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 position in shares of Newmont in the second quarter valued at $240,000. Allworth Financial LP lifted its position in Newmont by 100.3% in the second quarter. Allworth Financial LP now owns 12,090 shares of the basic materials company’s stock worth $704,000 after purchasing an additional 6,053 shares during the period. Finally, CENTRAL TRUST Co lifted its position in Newmont by 10.5% in the second quarter. CENTRAL TRUST Co now owns 4,103 shares of the basic materials company’s stock worth $239,000 after purchasing an additional 390 shares during the period. Institutional investors own 68.85% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on NEM. Canaccord Genuity Group boosted their price target on shares of Newmont from $115.00 to $140.00 and gave the company a “buy” rating in a report on Friday, January 23rd. Jefferies Financial Group raised their price objective on shares of Newmont from $158.00 to $162.00 and gave the stock a “buy” rating in a report on Monday, March 2nd. National Bank Financial upped their target price on shares of Newmont from $120.00 to $140.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Raymond James Financial increased their price target on shares of Newmont from $111.00 to $130.00 and gave the stock an “outperform” rating in a research report on Thursday, January 15th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a research note on Monday, December 29th. 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.com, the company presently has a consensus rating of “Buy” and an average target price of $134.15.

Newmont Stock Down 4.3%

Shares of NYSE NEM opened at $109.54 on Friday. Newmont Corporation has a 12-month low of $42.93 and a 12-month high of $134.88. The firm’s 50-day simple moving average is $118.73 and its 200 day simple moving average is $98.32. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company has a market cap of $119.16 billion, a price-to-earnings ratio of 17.14, a price-to-earnings-growth ratio of 0.89 and a beta of 0.39.

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, beating the consensus estimate of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The firm had revenue of $6.82 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same quarter last year, the company posted $1.40 EPS. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. On average, research analysts expect that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be issued a $0.26 dividend. This is an increase from Newmont’s previous quarterly dividend of $0.25. 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 Tuesday, March 3rd. Newmont’s dividend payout ratio (DPR) is 16.28%.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Record free-cash-flow print and outlook — Newmont reported a record $7.3 billion of free cash flow in 2025 and management expects continued strong cash generation as high gold prices support margins; this underpins valuations and buyback/dividend capacity. Can Newmont Continue Its Strong Free Cash Flow Momentum?
• Positive Sentiment: Analyst backing — Consensus analyst coverage remains constructive (consensus “Buy”), which supports demand for the stock amid volatility. Newmont Receives Consensus Recommendation of “Buy”
• Positive Sentiment: Safe-haven narrative — Multiple industry write-ups highlight Newmont as a core gold-mining play as Iran tensions lift safe-haven demand for gold, which can support NEM over time if bullion stays elevated. 3 Gold Stocks to Watch as the Iran Conflict Drives Safe-Haven Demand
• Positive Sentiment: Long-term bull case highlighted — Analyst pieces argue NEM remains a buy after a large rally, citing strong cash flow, high-return assets and projects that could sustain upside. That narrative can attract dip buyers. Is Newmont Stock a Screaming Buy After a 155% Rally in a Year?
• Neutral Sentiment: Royalty/asset monetization at Saddle North — A Summit Royalties NSR deal on Newmont’s Saddle North reflects evolving project economics and monetization options; could be neutral-to-moderately positive depending on terms and proceeds. Summit Royalties clinches NSR deal on Newmont’s Saddle North
• Negative Sentiment: Sector pressure from geopolitical shock — The metals & mining ETF has fallen since the Iran conflict began as higher oil costs and fears of a growth slowdown weigh on metals demand; that sector pressure is a headwind for miners’ sentiment. This Surprising Sector Has Slid During the Iran War
• Negative Sentiment: Macro data and inflation gauge move — Revised GDP figures and a rise in the Fed’s preferred inflation gauge triggered risk-off movement that Benzinga cites as a proximate reason shares slid on Friday; investors are trimming positions into macro uncertainty. Why Newmont Shares Are Sliding On Friday
• Negative Sentiment: Recent intraday weakness / profit-taking — Coverage of recent sessions notes NEM dipping more than the broader market, consistent with volatile profit-taking after a large run-up; this magnifies pullbacks when macro headlines turn negative. Why Newmont Corporation (NEM) Dipped More Than Broader Market Today

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.