10,614 Shares of Newmont Corporation $NEM Acquired by Integrity Alliance LLC.

Key Points

• Integrity Alliance acquired 10,614 Newmont shares in the third quarter, valued at approximately $1.224 million. Institutional investors collectively own 68.85% of the company’s stock.
• Newmont reported quarterly earnings of $2.20 per share, beating the $1.94 consensus estimate, while revenue rose 15.2% year over year to $6.36 billion.
• Analysts have a consensus “Moderate Buy” rating and an average price target of $137.20; executives also sold 20,646 shares worth about $2.38 million over the past three months, with the reported sales made under pre-arranged trading plans.

Integrity Alliance LLC. bought a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 10,614 shares of the basic materials company's stock, valued at approximately $1,224,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NEM. BlackRock Inc. purchased a new stake in shares of Newmont in the 2nd quarter valued at about $11,289,753,000. Van ECK Associates Corp purchased a new position in shares of Newmont in the 2nd quarter worth about $671,197,000. Bank of New York Mellon Corp purchased a new position in shares of Newmont in the 2nd quarter worth about $1,219,505,000. First Eagle Investment Management LLC purchased a new position in shares of Newmont in the 2nd quarter worth about $241,820,000. Finally, Amundi bought a new position in shares of Newmont during the 2nd quarter valued at about $209,411,000. 68.85% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Newmont

In other news, CEO Natascha Viljoen sold 3,882 shares of the company's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total value of $477,486.00. Following the sale, the chief executive officer directly owned 131,353 shares of the company's stock, valued at $16,156,419. This represents a 2.87% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the stock in a transaction dated Monday, November 2nd. The stock was sold at an average price of $108.04, for a total transaction of $324,120.00. Following the completion of the transaction, the executive vice president owned 31,315 shares of the company's stock, valued at approximately $3,383,272.60. The trade was a 8.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 20,646 shares of company stock valued at $2,380,140 in the last three months. Insiders own 0.06% of the company's stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong third-quarter performance—higher sales and net income, lower reported costs, and upgraded full-year production guidance—supports the bullish view. The report also points to a recent sharp rise in the shares. Article: Is Newmont Still Undervalued?
• Positive Sentiment: Scotiabank raised its 2026 EPS estimate to $9.23 from $8.96 and maintained a Sector Outperform rating with a $148 price target, signaling confidence in near-term earnings. Article: Scotiabank raises Newmont 2026 EPS estimate
• Positive Sentiment: Newmont’s free cash flow is helping fund growth projects and additional shareholder returns, potentially supporting longer-term value. Article: Can Newmont’s Free Cash Flow Momentum Carry Into Q4?
• Neutral Sentiment: Scotiabank lowered its 2027 EPS estimate to $9.03 from $9.14, though it retained its Sector Outperform rating and $148 target. The adjustment tempers, but does not overturn, its positive stance. Article: Scotiabank adjusts Newmont EPS estimates
• Neutral Sentiment: A Zacks article highlighted Newmont as a potential long-term growth stock, but provided no company-specific new catalyst in the supplied summary. Article: Newmont as a Long-Term Growth Stock
• Negative Sentiment: EVP Peter Toth sold 3,000 shares, a modest potential sentiment overhang; the sale was made under a prearranged trading plan. Article: Newmont EVP Sells Shares

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Citigroup lifted their target price on shares of Newmont from $125.00 to $140.00 and gave the stock a "buy" rating in a research report on Tuesday, October 20th. Canaccord Genuity Group reduced their target price on Newmont from $160.00 to $130.00 and set a "buy" rating on the stock in a research note on Thursday, July 23rd. TD Cowen decreased their target price on Newmont from $133.00 to $131.00 in a report on Tuesday, October 20th. Wall Street Zen lowered Newmont from a "buy" rating to a "hold" rating in a research note on Saturday, July 25th. Finally, TD Securities upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $137.20.

Newmont Stock Up 1.4%

Shares of NYSE:NEM opened at $119.74 on Friday. Newmont Corporation has a 52-week low of $81.34 and a 52-week high of $135.29. The firm has a market capitalization of $124.43 billion, a P/E ratio of 13.92, a P/E/G ratio of 2.15 and a beta of 0.56. The stock has a 50 day moving average price of $119.10 and a 200-day moving average price of $112.47. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.16 and a current ratio of 2.45.

Newmont (NYSE:NEM - Get Free Report) last released its earnings results on Thursday, October 22nd. The basic materials company reported $2.20 EPS for the quarter, beating analysts' consensus estimates of $1.94 by $0.26. The company had revenue of $6.36 billion during the quarter, compared to analysts' expectations of $6.27 billion. Newmont had a return on equity of 29.81% and a net margin of 34.73%. The firm's revenue for the quarter was up 15.2% compared to the same quarter last year. During the same quarter last year, the business posted $1.71 EPS. As a group, equities research analysts anticipate that Newmont Corporation will post 9.14 EPS for the current fiscal year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Shareholders of record on Wednesday, November 25th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $1.04 annualized dividend and a yield of 0.9%. Newmont's dividend payout ratio (DPR) is currently 12.09%.

Newmont Profile

Newmont Corporation NYSE: NEM is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world's largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.

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