Park Avenue Securities LLC Acquires 9,833 Shares of Newmont Corporation $NEM

Park Avenue Securities LLC lifted its stake in Newmont Corporation (NYSE:NEM) by 15.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,295 shares of the basic materials company’s stock after purchasing an additional 9,833 shares during the period. Park Avenue Securities LLC’s holdings in Newmont were worth $7,318,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in NEM. GoalVest Advisory LLC bought a new position in Newmont in the 4th quarter worth about $25,000. Physician Wealth Advisors Inc. raised its stake in shares of Newmont by 327.8% during the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 236 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Newmont during the third quarter valued at approximately $27,000. Capital A Wealth Management LLC boosted its holdings in shares of Newmont by 1,648.3% in the second quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock valued at $30,000 after purchasing an additional 478 shares during the period. Finally, Caldwell Trust Co bought a new position in Newmont in the second quarter worth approximately $31,000. Institutional investors own 68.85% of the company’s stock.

Newmont Stock Down 3.5%

NYSE:NEM opened at $95.74 on Friday. 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 Corporation has a twelve month low of $42.93 and a twelve month high of $134.88. The company has a market cap of $104.16 billion, a PE ratio of 14.98, a P/E/G ratio of 0.77 and a beta of 0.39. The company’s 50 day moving average is $118.43 and its two-hundred day moving average is $99.40.

Newmont (NYSE:NEM) last posted its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. 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 firm posted $1.40 earnings per share. Analysts anticipate that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Tuesday, March 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 1.1%. This is an increase from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is presently 16.28%.

Insider Transactions at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Wednesday, March 18th. The stock was sold at an average price of $108.00, for a total transaction of $324,000.00. Following the sale, the executive vice president owned 55,315 shares in the company, valued at approximately $5,974,020. The trade was a 5.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider David James Fry sold 18,394 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the transaction, the insider directly owned 17,147 shares in the company, valued at $1,911,033.15. This represents a 51.75% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.05% of the company’s stock.

Key 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.

Wall Street Analyst Weigh In

NEM has been the topic of several research reports. DZ Bank upgraded Newmont to a “strong-buy” rating in a report on Monday, January 19th. Citigroup increased their price target on Newmont from $118.00 to $150.00 and gave the stock a “buy” rating in a research report on Tuesday, March 3rd. Stifel Nicolaus raised their price target on Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Weiss Ratings restated a “buy (b-)” rating on shares of Newmont in a report on Monday, December 29th. Finally, Macquarie Infrastructure upped their price objective on shares of Newmont from $115.00 to $126.00 and gave the stock an “outperform” rating in a research note 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 company’s stock. Based on data from MarketBeat, Newmont has a consensus rating of “Buy” and an average target price of $134.10.

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.