B. Metzler seel. Sohn & Co. AG Acquires Shares of 112,658 Newmont Corporation $NEM

Key Points

• B. Metzler seel. Sohn & Co. acquired 112,658 Newmont shares worth approximately $2.36 million during the second quarter. Institutional investors collectively own 68.85% of the company, with BlackRock and other major firms holding substantial positions.
• Analyst sentiment remains favorable, with a consensus “Moderate Buy” rating and an average price target of $132.73, although several firms recently lowered their targets. Newmont also reported quarterly EPS of $2.10, exceeding estimates, and maintained a $0.26 quarterly dividend.
• Newmont shares opened at $128.09 after declining 1.8%; the stock has benefited from strong gold prices and cash generation but faces risks from elevated Treasury yields, mining costs and recent insider selling under pre-arranged trading plans.

B. Metzler seel. Sohn & Co. AG acquired a new stake in Newmont Corporation (NYSE:NEM - Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 112,658 shares of the basic materials company's stock, valued at approximately $2,355,000.

Several other institutional investors have also modified their holdings of the company. BlackRock Inc. acquired a new position in Newmont in the 2nd quarter valued at about $11,289,753,000. State Street Corp grew its holdings in Newmont by 1.0% during the fourth quarter. State Street Corp now owns 49,959,850 shares of the basic materials company's stock worth $4,988,491,000 after acquiring an additional 480,223 shares during the period. Van ECK Associates Corp acquired a new position in Newmont during the second quarter worth $671,197,000. Geode Capital Management LLC raised its position in Newmont by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company's stock worth $2,738,756,000 after acquiring an additional 946,824 shares in the last quarter. Finally, Norges Bank purchased a new position in Newmont in the fourth quarter worth $1,443,128,000. 68.85% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

NEM has been the topic of a number of recent analyst reports. Macquarie Infrastructure lowered their price target on shares of Newmont from $133.00 to $123.00 and set an "outperform" rating on the stock in a research note on Monday, June 15th. Raymond James Financial reaffirmed an "outperform" rating and issued a $140.00 target price on shares of Newmont in a report on Monday, August 24th. BMO Capital Markets reduced their price target on shares of Newmont from $145.00 to $135.00 and set an "outperform" rating for the company in a research report on Tuesday, June 23rd. BNP Paribas Exane dropped their price objective on Newmont from $111.00 to $102.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Finally, TD Securities raised Newmont from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 14th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $132.73.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Gold prices recently advanced as the U.S. dollar and Treasury yields eased, lifting gold-mining stocks. Newmont’s latest quarterly update also highlighted record free cash flow of approximately $2.2 billion, about 1.3 million attributable gold ounces, maintained 2026 production guidance and a declared $0.26-per-share dividend. Newmont stock analysis
• Positive Sentiment: Wall Street’s average recommendation remains equivalent to a Buy, while recent analyst targets generally imply additional upside. Newmont is also being presented as an income-producing gold hedge, supported by strong cash generation, low leverage and a roughly 0.8% dividend yield. Analyst outlook for Newmont
• Neutral Sentiment: Newmont’s $1.95 billion payment to Barrick finalized its Nevada Gold Mines joint-venture settlement, giving the company greater control of a major production base. The move may improve long-term operating flexibility but also represents a substantial capital outlay. Nevada Gold Mines agreement
• Negative Sentiment: CEO Natascha Viljoen sold 3,882 shares and EVP Peter Toth sold 3,000 shares at $123 per share. Both transactions were made under pre-arranged Rule 10b5-1 plans, limiting their signaling value, but reported insider activity has consisted of sales and no purchases over the past six months. Newmont insider sales
• Negative Sentiment: Elevated Treasury yields remain a headwind for gold because they increase the opportunity cost of holding a non-yielding asset. Analysts also caution that mining costs, energy prices and interest-rate volatility could pressure margins and valuation multiples. Gold-mining sector outlook

Insider Activity

In related news, EVP Peter Toth sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total transaction of $369,000.00. Following the transaction, the executive vice president owned 37,315 shares of the company's stock, valued at approximately $4,589,745. This represents a 7.44% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Natascha Viljoen sold 7,764 shares of the firm's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $104.00, for a total transaction of $807,456.00. Following the sale, the chief executive officer owned 135,235 shares in the company, valued at approximately $14,064,440. This trade represents a 5.43% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 32,091 shares of company stock valued at $3,414,187 over the last 90 days. Insiders own 0.06% of the company's stock.

Newmont Trading Down 1.8%

Shares of Newmont stock opened at $128.09 on Friday. Newmont Corporation has a 1 year low of $75.21 and a 1 year high of $135.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. The business has a 50 day moving average price of $107.18 and a 200 day moving average price of $109.72. The company has a market capitalization of $134.97 billion, a P/E ratio of 16.17, a P/E/G ratio of 1.80 and a beta of 0.52.

Newmont (NYSE:NEM - Get Free Report) last announced its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, beating analysts' consensus estimates of $2.05 by $0.05. The firm had revenue of $6.12 billion for the quarter, compared to analysts' expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter in the prior year, the firm earned $1.43 EPS. Sell-side analysts anticipate that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.26 per share. The ex-dividend date is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. Newmont's payout ratio is 13.13%.

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.

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