Concurrent Investment Advisors LLC Boosts Holdings in Newmont Corporation $NEM

Key Points

• Concurrent Investment Advisors LLC boosted its Newmont stake by 155.8% in Q4, owning 32,552 shares after purchasing 19,825 more, worth about $3.25 million per its 13F filing.
• Newmont reported a strong quarter, delivering $2.90 EPS versus $2.07 expected and $7.31 billion in revenue (vs. $6.83 billion), with revenue up 45.8% year‑over‑year and a 33.87% net margin.
• Several analysts raised price targets and maintain positive ratings, leaving a consensus rating of Moderate Buy and an average price target of $141.91.

Concurrent Investment Advisors LLC lifted its stake in Newmont Corporation (NYSE:NEM - Free Report) by 155.8% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 32,552 shares of the basic materials company's stock after purchasing an additional 19,825 shares during the period. Concurrent Investment Advisors LLC's holdings in Newmont were worth $3,250,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of NEM. GoalVest Advisory LLC purchased a new stake in shares of Newmont in the 4th quarter worth about $25,000. Physician Wealth Advisors Inc. lifted its position in shares of Newmont by 327.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company's stock worth $26,000 after purchasing an additional 236 shares during the period. JPL Wealth Management LLC purchased a new stake in shares of Newmont in the 3rd quarter worth about $27,000. Lodestone Wealth Management LLC purchased a new stake in shares of Newmont in the 4th quarter worth about $28,000. Finally, Rosenberg Matthew Hamilton lifted its position in shares of Newmont by 308.0% in the 4th quarter. Rosenberg Matthew Hamilton now owns 306 shares of the basic materials company's stock worth $31,000 after purchasing an additional 231 shares during the period. 68.85% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

NEM has been the subject of several research analyst reports. Jefferies Financial Group raised their target price on shares of Newmont from $162.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, April 10th. Stifel Nicolaus raised their target price on shares of Newmont from $120.00 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, February 10th. Macquarie Infrastructure increased their price target on shares of Newmont from $130.00 to $133.00 and gave the stock an "outperform" rating in a research note on Monday. Citigroup increased their price target 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. Finally, BNP Paribas Exane increased their price target on shares of Newmont from $123.00 to $128.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $141.91.

Newmont Stock Down 3.8%

Shares of Newmont stock opened at $116.11 on Tuesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17. The company has a 50-day moving average of $114.45 and a 200 day moving average of $105.12. The firm has a market cap of $123.95 billion, a price-to-earnings ratio of 15.06, a PEG ratio of 0.92 and a beta of 0.46. Newmont Corporation has a 1 year low of $48.27 and a 1 year high of $134.88.

Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate 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 27.84%. Newmont's quarterly revenue was up 45.8% compared to the same quarter last year. During the same period last year, the business earned $1.25 EPS. As a group, sell-side analysts anticipate that Newmont Corporation will post 8.91 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be paid a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, May 27th. Newmont's dividend payout ratio (DPR) is currently 13.49%.

Insider Transactions at Newmont

In other Newmont news, insider David James Fry sold 18,394 shares of the firm'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 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 document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction dated 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. This represents a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 24,394 shares of company stock valued at $2,713,281. 0.06% of the stock is owned by company insiders.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: TD raised its price target on NEM to $129 (from $116) and kept a "hold" rating — a signal of analyst conviction that supports upside. TD raises price target on Newmont
• Positive Sentiment: Macquarie lifted its price target to $133 and maintained an "outperform" rating, adding further analyst support for shares. Macquarie adjusts price target on Newmont
• Positive Sentiment: Zacks published bullish coverage calling Newmont a "strong momentum stock," which can attract momentum-oriented flows and retail interest. Here's Why Newmont is a Strong Momentum Stock
• Positive Sentiment: Coverage highlighting Newmont as a top copper play supports a longer-term growth narrative tied to base metals demand (positive fundamental angle beyond gold). Why Newmont is One of the Best Copper Stocks
• Neutral Sentiment: Increased search and attention on Newmont from Zacks/Yahoo indicates heightened investor interest, but not a clear directional catalyst by itself. Investors Heavily Search Newmont
• Neutral Sentiment: ETF reconstitution coverage (VictoryShares GFLW) that mentions free-cash-flow leaders can affect index/ETF flows if Newmont is in scope, but impact depends on inclusion decisions. Metal, Chips, & Cash: Q1 ‘26 Additions to VictoryShares GFLW
• Negative Sentiment: Ghana directed a shift to local contractors by Dec‑2026, which could raise operating costs, complicate local partnerships and pressure margins/ESG narratives for Newmont's Ghana operations. Ghana contractor shift tests Newmont
• Negative Sentiment: A pullback in gold and the XAU index reduces near-term revenue/price tailwinds for gold miners, creating downward pressure on Newmont despite company- and analyst-level positives. Gold's worst pullback in months

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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