WESPAC Advisors LLC Invests $670,000 in Newmont Corporation $NEM

WESPAC Advisors LLC bought a new position in shares of Newmont Corporation (NYSE:NEM) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 6,714 shares of the basic materials company’s stock, valued at approximately $670,000.

A number of other institutional investors and hedge funds also recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in Newmont during the fourth quarter worth approximately $25,000. Rosenberg Matthew Hamilton boosted its stake in shares of Newmont by 308.0% during the 4th quarter. Rosenberg Matthew Hamilton now owns 306 shares of the basic materials company’s stock worth $31,000 after acquiring an additional 231 shares during the period. Physician Wealth Advisors Inc. increased its holdings in shares of Newmont by 327.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after acquiring an additional 236 shares during the last quarter. PMV Capital Advisers LLC bought a new stake in Newmont in the 4th quarter valued at $32,000. Finally, JPL Wealth Management LLC acquired a new stake in Newmont during the 3rd quarter valued at $27,000. 68.85% of the stock is owned by institutional investors.

Newmont Price Performance

Newmont stock opened at $101.87 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29. Newmont Corporation has a 52 week low of $42.93 and a 52 week high of $134.88. The stock has a market capitalization of $110.02 billion, a P/E ratio of 15.94, a price-to-earnings-growth ratio of 0.79 and a beta of 0.39. The stock has a fifty day moving average of $117.03 and a 200-day moving average of $100.57.

Newmont (NYSE:NEM) last released its earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business’s revenue for the quarter was up 20.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.40 earnings per share. On average, sell-side 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 was paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd were issued a dividend of $0.26 per share. This is a boost from Newmont’s previous quarterly dividend of $0.25. The ex-dividend date of this dividend was Tuesday, March 3rd. This represents a $1.04 annualized dividend and a dividend yield of 1.0%. Newmont’s payout ratio is presently 16.28%.

Analyst Upgrades and Downgrades

Several equities analysts have commented on NEM shares. TD Securities decreased their price objective on shares of Newmont from $120.00 to $118.00 and set a “hold” rating on the stock in a report on Tuesday, March 3rd. Citigroup raised their target price on shares of Newmont from $118.00 to $150.00 and gave the stock a “buy” rating in a research note on Tuesday, March 3rd. Scotiabank decreased their price target on shares of Newmont from $152.00 to $151.00 and set a “sector outperform” rating on the stock in a research note on Friday, March 20th. Macquarie Infrastructure increased their price target on shares of Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Friday, February 6th. Finally, Royal Bank Of Canada boosted their price objective on Newmont from $120.00 to $125.00 and gave the stock an “outperform” rating in a report on Tuesday, February 3rd. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $133.57.

Insider Buying and Selling

In other news, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction 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 transaction, the executive vice president directly owned 55,315 shares in the company, valued at approximately $5,974,020. This represents a 5.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider David James Fry sold 18,394 shares of the firm’s stock in a transaction on 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 sale, the insider directly owned 17,147 shares in the company, valued at approximately $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 corporate insiders.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Macro/strategy pieces are recommending rotation into gold miners as a hedge amid market uncertainty, which boosts demand for large producers like Newmont; that thematic flow into miners is a direct positive for NEM. Sell, Hedge, Rotate: Victor Dergunov’s Strategy
• Positive Sentiment: Market commentary arguing the pullback in gold is a buying opportunity highlights Newmont as a high-quality, dividend-paying exposure to gold, supporting investor interest in NEM shares.
• Neutral Sentiment: UBS trimmed its price target from $150 to $140 but maintained a “Buy” rating and still projects meaningful upside (~37% from current levels), which provides analytical support for the rally even though the cut is modestly negative. UBS Lowers PT to $140
• Neutral Sentiment: Corporate filings: Newmont filed its 2026 proxy materials and has published its 2025 annual report — routine governance/disclosure updates that reduce uncertainty but are not immediate catalysts. Newmont Files 2026 Proxy Materials Newmont Files 2025 Annual Report
• Neutral Sentiment: Vanguard reported a change to “zero direct beneficial ownership” in Newmont after an internal realignment — likely an administrative reporting change rather than a vote of no confidence, but worth monitoring if it affects passive flows. Vanguard Reports Zero Direct Ownership
• Negative Sentiment: Geopolitical risk: Barron’s reports that the Iran conflict has been weighing on mining stocks broadly; such risk-driven selloffs can pressure Newmont despite company-specific positives. Why the Iran War Is Crippling Mining Stocks

About Newmont

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.