Beacon Harbor Wealth Advisors Inc. Makes New Investment in Newmont Corporation $NEM

Key Points

• Beacon Harbor Wealth Advisors acquired 76,957 shares of Newmont in Q4, a new position worth about $7.68 million that represents roughly 1.7% of its portfolio and is its 22nd largest holding.
• Newmont posted a Q4 earnings beat (EPS $2.52 vs. $1.81) with revenue $6.82B (+20.6% YoY); the company has a $130.5B market cap, P/E ~18.9 and raised its quarterly dividend to $0.26 (annualized $1.04, 0.9% yield).
• Analyst sentiment is largely positive—several firms have raised targets (e.g., Jefferies to $165, BofA to $151) with a MarketBeat average target of $133.91—while institutional investors hold ~68.9% of shares amid recent insider sales totaling ~24,394 shares (~$2.7M) in the last quarter.

Beacon Harbor Wealth Advisors Inc. acquired a new position in shares of Newmont Corporation (NYSE:NEM - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm acquired 76,957 shares of the basic materials company's stock, valued at approximately $7,684,000. Newmont comprises approximately 1.7% of Beacon Harbor Wealth Advisors Inc.'s investment portfolio, making the stock its 22nd biggest holding.

Several other hedge funds have also made changes to their positions in NEM. GoalVest Advisory LLC acquired a new stake in shares of Newmont during the fourth quarter worth about $25,000. Physician Wealth Advisors Inc. boosted its stake in shares of Newmont by 327.8% during the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company's stock worth $26,000 after buying an additional 236 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Newmont during the third quarter worth about $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Newmont during the fourth quarter worth about $28,000. Finally, Capital A Wealth Management LLC boosted its stake in shares of Newmont by 1,648.3% during the second quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company's stock worth $30,000 after buying an additional 478 shares during the period. Institutional investors and hedge funds own 68.85% of the company's stock.

Newmont Price Performance

NEM stock opened at $120.84 on Friday. The firm has a 50 day moving average of $115.34 and a 200-day moving average of $102.76. Newmont Corporation has a 12-month low of $48.27 and a 12-month high of $134.88. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. The company has a market cap of $130.50 billion, a price-to-earnings ratio of 18.91, a PEG ratio of 0.92 and a beta of 0.46.

Newmont (NYSE:NEM - Get Free Report) last posted its quarterly 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. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period last year, the firm earned $1.40 EPS. The company's revenue for the quarter was up 20.6% on a year-over-year basis. As a group, equities analysts expect that Newmont Corporation will post 3.45 EPS for the current fiscal year.

Newmont Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Tuesday, March 3rd were given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date was Tuesday, March 3rd. This is a positive change from Newmont's previous quarterly dividend of $0.25. Newmont's payout ratio is 16.28%.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Jefferies raised its price target on NEM to $165 and maintained a Buy rating — a sizable upside view that supports further upside interest from investors. Jefferies Adjusts Price Target on Newmont to $165
• Positive Sentiment: Goldman Sachs nudged its price target higher and kept a Buy rating, providing incremental analyst support for the stock. Goldman Sachs Adjusts Price Target on Newmont
• Positive Sentiment: Macro/sector writeups point to higher gold prices (sovereign de‑dollarization, inflation) creating a structural floor for majors like Newmont — a tailwind for sentiment and multiples. Golden Ceasefires: Forget Fear, It's About the Global Reset
• Positive Sentiment: Barron's highlights that miners could rally if geopolitical copper fears fade and commodities recover — it cites potential upside for gold miners including Newmont in a recovery scenario. Copper Is a ‘Peace' Commodity. Own These Miners in a Market Recovery.
• Positive Sentiment: Several momentum/stock‑pick pieces (MSN, Zacks) profile NEM as a long‑term momentum/value candidate, which can attract retail and quant flows. Why Newmont Corporation (NEM) is a top momentum stock for the long term Zacks: Why Newmont Is a Top Momentum Stock
• Negative Sentiment: Covering the other side, Yahoo Finance/Zacks report falling gold production and rising costs in 2026 from mine transitions and lower volumes — this could weigh on FY26 margins and cap investor enthusiasm if realized. Will Falling Gold Production Weigh on Newmont's FY26 Performance? Zacks: Will Falling Gold Production Weigh on Newmont's FY26 Performance?

Insider Buying and Selling

In other news, insider David James Fry sold 18,394 shares of Newmont stock in a transaction that occurred on 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 completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $113.09, for a total transaction of $339,270.00. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 24,394 shares of company stock valued at $2,713,281. Insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on NEM shares. Bank of America increased their target price 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. Royal Bank Of Canada raised their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an "outperform" rating in a research report on Tuesday, February 3rd. Sanford C. Bernstein upgraded shares of Newmont from a "market perform" rating to an "outperform" rating and raised their price objective for the company from $121.00 to $157.00 in a research report on Friday, February 27th. Macquarie Infrastructure raised their price objective on shares of Newmont from $126.00 to $130.00 and gave the company an "outperform" rating in a research report on Friday, March 27th. Finally, TD Cowen raised their price objective on shares of Newmont from $89.00 to $120.00 and gave the company a "hold" rating in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Newmont currently has an average rating of "Moderate Buy" and an average price target of $133.91.

Newmont Company 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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