Moody National Bank Trust Division Has $2.03 Million Stock Holdings in Newmont Corporation $NEM

Moody National Bank Trust Division cut its holdings in shares of Newmont Corporation (NYSE:NEM) by 21.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 20,373 shares of the basic materials company’s stock after selling 5,427 shares during the period. Moody National Bank Trust Division’s holdings in Newmont were worth $2,034,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. GoalVest Advisory LLC bought a new position in Newmont in the fourth quarter valued at about $25,000. Physician Wealth Advisors Inc. boosted its stake in shares of Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock valued at $26,000 after purchasing an additional 236 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Newmont during the 3rd quarter valued at approximately $27,000. Capital A Wealth Management LLC increased its position in Newmont by 1,648.3% during the 2nd quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock worth $30,000 after purchasing an additional 478 shares in the last quarter. Finally, Caldwell Trust Co bought a new position in Newmont in the 2nd quarter valued at approximately $31,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Newmont Stock Performance

Shares of NEM stock opened at $98.96 on Wednesday. The stock has a market capitalization of $107.66 billion, a PE ratio of 15.49, a PEG ratio of 0.76 and a beta of 0.39. The business’s 50 day simple moving average is $117.82 and its 200 day simple moving average is $100.06. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. Newmont Corporation has a one year low of $42.93 and a one year high of $134.88.

Newmont (NYSE:NEM) last released its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.71. The firm had revenue of $6.82 billion during the quarter, compared to analyst estimates of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The company’s revenue was up 20.6% compared to the same quarter last year. During the same quarter last year, the business earned $1.40 EPS. As a group, research analysts forecast that Newmont Corporation will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

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

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Zacks compares NEM favorably to Kinross, noting both companies are executing projects, generating stronger cash flow and seeing upward earnings revisions — a constructive fundamental backdrop for Newmont. NEM vs. KGC: Which Gold Mining Stock Is a Better Pick Now?
• Positive Sentiment: Zacks highlights stocks with positive earnings momentum and promotes its Earnings ESP screening — NEM appears in coverage as a name benefiting from upward earnings revisions, which supports valuation and investor interest. Looking for Stocks with Positive Earnings Momentum? Check Out These 2 Basic Materials Names
• Neutral Sentiment: Zacks runs a broader piece urging investors to use the Earnings ESP tool to spot potential surprises; useful for traders but not a specific catalyst for NEM on its own. Why Investors Need to Take Advantage of These 2 Basic Materials Stocks Now
• Neutral Sentiment: Increased search and attention on Newmont from retail and research audiences — elevated interest can raise liquidity and volatility but is not a direct fundamental change. Investors Heavily Search Newmont Corporation (NEM): Here is What You Need to Know
• Negative Sentiment: Macro/geopolitical headlines (escalation in the Middle East) plus market expectations for higher rates have coincided with weaker gold prices and have pressured Newmont’s share performance in recent weeks. The article notes notable 7- and 30-day declines in the stock. A Look At Newmont (NEM) Valuation As Geopolitics And Rate Expectations Pressure Gold Miners
• Negative Sentiment: Barron’s highlights that plunging gold prices have erased YTD gains and are weighing on mining stocks, reinforcing downside risk to earnings and cash flow if metal prices remain weak. Newmont, Freeport Stocks Drop. Diving Gold Prices Will Continue to Smash Miners.
• Negative Sentiment: An NEM executive sold ~$324,000 of stock — an insider sale that can be perceived negatively by some investors, though size and context matter. Newmont (NYSE:NEM) EVP Sells $324,000.00 in Stock
• Negative Sentiment: Scotiabank trimmed its price target for Newmont to $151, a reduction in forward sentiment that could weigh on investor expectations (the new PT remains above current levels but reflects moderated upside). Scotiabank Cuts Newmont (NYSE:NEM) Price Target to $151.00

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, March 18th. The shares were sold at an average price of $108.00, for a total transaction of $324,000.00. Following the completion of the sale, the executive vice president owned 55,315 shares in the company, valued at $5,974,020. This trade represents a 5.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider David James Fry sold 18,394 shares of Newmont stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the completion of the sale, the insider directly owned 17,147 shares in the company, valued at $1,911,033.15. This trade represents a 51.75% decrease in their position. The SEC filing for this sale provides additional information. 0.05% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on NEM. Weiss Ratings reiterated a “buy (b-)” rating on shares of Newmont in a report on Monday, December 29th. Canadian Imperial Bank of Commerce cut their price target on Newmont from $71.00 to $67.00 in a research note on Friday, February 27th. Wall Street Zen upgraded Newmont from a “hold” rating to a “buy” rating in a report on Sunday, March 8th. BMO Capital Markets dropped their price objective on shares of Newmont from $145.00 to $140.00 and set an “outperform” rating for the company in a report on Friday, February 20th. Finally, Bank of America lifted their target price on shares of Newmont from $134.00 to $151.00 and gave the stock a “buy” rating in a research report on Thursday, February 26th. Three investment 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 stock. According to data from MarketBeat.com, Newmont presently has an average rating of “Buy” and a consensus price target 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.