Peter Toth Sells 3,000 Shares of Newmont (NYSE:NEM) Stock

Newmont Corporation (NYSE:NEM) EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $93.45, for a total transaction of $280,350.00. Following the sale, the executive vice president directly owned 40,315 shares of the company’s stock, valued at approximately $3,767,436.75. This trade represents a 6.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Peter Toth also recently made the following trade(s):

• On Wednesday, July 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $92.38, for a total value of $277,140.00.
• On Monday, June 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $105.32, for a total value of $315,960.00.

Newmont Trading Up 1.1%

NYSE:NEM opened at $105.48 on Friday. Newmont Corporation has a 1 year low of $67.11 and a 1 year high of $134.88. The stock has a market cap of $111.14 billion, a P/E ratio of 13.32, a P/E/G ratio of 1.15 and a beta of 0.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. The stock has a 50-day simple moving average of $97.86 and a 200-day simple moving average of $109.05.

Newmont (NYSE:NEM) last issued its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, topping the consensus estimate of $2.05 by $0.05. The business had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter last year, the company earned $1.43 EPS. As a group, analysts anticipate that Newmont Corporation will post 9.06 earnings per share for the current fiscal year.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd will be issued a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. Newmont’s dividend payout ratio (DPR) is presently 13.13%.

Institutional Trading of Newmont

Institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC boosted its stake in shares of Newmont by 15.7% during the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after buying an additional 1,847 shares during the period. Woodline Partners LP increased its position in Newmont by 40.7% in the 1st quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after acquiring an additional 27,813 shares during the period. Sivia Capital Partners LLC acquired a new position in Newmont in the 2nd quarter valued at about $240,000. Cerity Partners LLC raised its stake in Newmont by 108.9% during the 2nd quarter. Cerity Partners LLC now owns 125,355 shares of the basic materials company’s stock valued at $7,303,000 after acquiring an additional 65,342 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in Newmont by 8.5% during the 2nd quarter. NewEdge Advisors LLC now owns 48,982 shares of the basic materials company’s stock valued at $2,854,000 after acquiring an additional 3,856 shares during the last quarter. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s recent quarterly update highlighted approximately 1.3 million attributable gold ounces of production, record quarterly free cash flow of about $2.2 billion, continued progress toward 2026 guidance, a $0.26 quarterly dividend and substantial share repurchases. These factors strengthen the investment case while gold prices remain elevated. Newmont gains as investors appear to respond to strong quarterly cash flow and a supportive gold backdrop
• Positive Sentiment: Coverage emphasizing record gold prices and Newmont’s exposure to the precious-metals sector likely supported buying interest. The company’s latest reported earnings also exceeded consensus, with EPS of $2.10 versus estimates of $2.05, despite revenue falling short of expectations. Newmont gains as record gold prices lift the sector
• Positive Sentiment: Analyst sentiment remains broadly favorable. Newmont carries a “Moderate Buy” consensus, while recently cited price targets generally remain above the current trading level, although several firms have reduced their targets. Brokers suggest investing in Newmont
• Neutral Sentiment: Awalé completed a $20.7 million strategic financing that included Newmont’s equity investment. Newmont retains approximately 8.2% ownership, preserving exposure to a potential exploration success but with limited immediate impact on NEM’s results. Awalé completes strategic financing
• Neutral Sentiment: An Australian-market filing reported changes in Newmont’s CHESS Depositary Interests and common-share counts from cross-market transfers. This appears administrative rather than a change in operating fundamentals. Newmont trims CDI and common stock count
• Negative Sentiment: EVP Peter Toth sold 3,000 shares worth $280,350 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by 6.93%, but the planned nature and relatively small size make it a limited negative signal. Newmont EVP sells stock

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on NEM. TD Cowen restated a “buy” rating on shares of Newmont in a report on Monday, April 27th. Zacks Research cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. The Goldman Sachs Group decreased their price objective on shares of Newmont from $122.50 to $111.40 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Raymond James Financial dropped their price objective on Newmont from $139.00 to $137.00 and set an “outperform” rating on the stock in a report on Tuesday, June 30th. Finally, Barclays cut their target price on Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 28th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Newmont presently has an average rating of “Moderate Buy” and a consensus target price of $132.11.

Newmont Company 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.