81,191 Shares in Newmont Corporation $NEM Purchased by Abacus FCF Advisors LLC

Key Points

• Abacus FCF Advisors LLC opened a new stake in Newmont by purchasing 81,191 shares in the fourth quarter, valued at about $8.11 million.
• Strong Q1 results: Newmont reported EPS of $2.90 (vs. $2.07 est.) and revenue of $7.31B, generated record quarterly free cash flow (~$3.1B) and the board authorized an additional $6B share buyback while maintaining the quarterly dividend.
• Market view mixed: Analysts rate NEM a consensus "Moderate Buy" with a $140.56 target, institutional ownership is high (~68.85%), but insiders sold ~24,394 shares (~$2.7M) in the past 90 days.

Abacus FCF Advisors LLC acquired a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund acquired 81,191 shares of the basic materials company's stock, valued at approximately $8,107,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its position in Newmont by 13.5% during the fourth quarter. Sanctuary Advisors LLC now owns 73,002 shares of the basic materials company's stock valued at $7,289,000 after buying an additional 8,655 shares during the period. Quent Capital LLC boosted its holdings in shares of Newmont by 25.7% during the 4th quarter. Quent Capital LLC now owns 2,312 shares of the basic materials company's stock valued at $231,000 after buying an additional 472 shares in the last quarter. Vanguard Group Inc. grew its position in shares of Newmont by 0.5% in the 4th quarter. Vanguard Group Inc. now owns 134,107,293 shares of the basic materials company's stock worth $13,390,613,000 after buying an additional 637,996 shares during the period. Munich Reinsurance Co Stock Corp in Munich increased its stake in shares of Newmont by 506.7% in the 4th quarter. Munich Reinsurance Co Stock Corp in Munich now owns 11,491 shares of the basic materials company's stock worth $1,170,000 after acquiring an additional 9,597 shares in the last quarter. Finally, Sava Infond d.o.o. increased its stake in shares of Newmont by 11.4% in the 4th quarter. Sava Infond d.o.o. now owns 42,170 shares of the basic materials company's stock worth $4,211,000 after acquiring an additional 4,300 shares in the last quarter. Hedge funds and other institutional investors own 68.85% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on NEM. Bank of America boosted their price objective on shares of Newmont from $134.00 to $151.00 and gave the stock a "buy" rating in a research note on Thursday, February 26th. TD decreased their target price on shares of Newmont from $118.00 to $116.00 and set a "hold" rating for the company in a research note on Tuesday, April 21st. Macquarie Infrastructure lifted their target price on shares of Newmont from $126.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, March 27th. Zacks Research cut Newmont from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 3rd. Finally, National Bank Financial upped their price target on Newmont from $130.00 to $140.00 and gave the stock a "sector perform" rating in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $140.56.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Beat on earnings and revenue — Newmont delivered Q1 EPS of $2.90 and revenue of $7.31B, well above estimates, driven by higher realized gold prices that lifted margins and year-over-year revenue growth. NEM's Q1 Earnings and Sales Trounce Estimates on Higher Gold Prices
• Positive Sentiment: Record cash flow and buyback boost — Newmont reported a record quarterly free cash flow (~$3.1B) and the board approved an additional $6B share repurchase authorization after prior programs were exhausted, signaling stronger capital returns ahead. Newmont jumps after record Q1 cash flow and expanded buyback plan
• Positive Sentiment: Dividend maintained/declared — The company declared a quarterly dividend (USD 0.261 per share), underlining a predictable cash-return policy alongside the buyback program. Newmont Generates Record Quarterly Earnings and Free Cash Flow, Reports First Quarter 2026 Results and Announces Increased Share Repurchase Authorization
• Positive Sentiment: Analyst support — Several firms raised price targets or maintained outperform/buy ratings following Q1 results (examples: BMO and Argus), providing further validation for upside. BMO raises Newmont price target
• Neutral Sentiment: Macro/metal price context — Gold has pulled back from its highs this week, which could mute upside if bullion weakens, but Newmont’s results show operating resilience that may offset short-term metal volatility. Gold Faces Headwinds From Calmer Markets, Yet Newmont's Record Cash Flow Tells Another Story
• Negative Sentiment: Regulatory risk in Ghana — Reuters reports Ghana’s regulator told Newmont and peers to transition mining operations to local contractors by December 2026 or face sanctions, creating potential cost, operational and timing uncertainty for African operations. Ghana directs Newmont, AngloGold to shift mining ops to local firms by December - Reuters
• Negative Sentiment: Insider selling and mixed institutional flows — Recent disclosures show notable insider sales and large institutional portfolio moves, which investors may watch as a potential signal of near-term positioning shifts. Newmont jumps after record Q1 cash flow and expanded buyback plan (insider/holder activity)

Insider Buying and Selling at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of the business's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total value of $339,270.00. Following the completion of the transaction, the executive vice president owned 52,315 shares of the company's stock, valued at approximately $5,916,303.35. The trade was a 5.42% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider David James Fry sold 18,394 shares of the company's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the transaction, the insider owned 17,147 shares in the company, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 24,394 shares of company stock valued at $2,713,281 in the last 90 days. Company insiders own 0.06% of the company's stock.

Newmont Trading Up 8.7%

NYSE:NEM opened at $120.71 on Friday. The stock has a market cap of $130.36 billion, a price-to-earnings ratio of 15.66, a PEG ratio of 0.85 and a beta of 0.46. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company's 50 day moving average price is $114.65 and its 200-day moving average price is $104.79. Newmont Corporation has a 52 week low of $48.27 and a 52 week high of $134.88.

Newmont (NYSE:NEM - Get Free Report) last announced its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, topping analysts' consensus estimates of $2.07 by $0.83. The company had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. Newmont had a net margin of 33.87% and a return on equity of 28.23%. The firm's revenue for the quarter was up 45.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.25 EPS. On average, equities research analysts forecast that Newmont Corporation will post 8.94 earnings per share for the current fiscal year.

Newmont Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be paid a $0.26 dividend. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. Newmont's payout ratio is currently 13.49%.

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.

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