denkapparat Operations GmbH Makes New Investment in Newmont Corporation $NEM

Key Points

• denkapparat Operations GmbH acquired 21,636 Newmont shares worth approximately $452,000 in the second quarter. Institutional investors collectively own 68.85% of the company.
• Newmont reported quarterly EPS of $2.10, exceeding estimates, while highlighting strong cash generation and maintaining a $0.26 quarterly dividend, equivalent to a 0.8% yield.
• Analysts maintain a consensus “Moderate Buy” rating with a $132.73 target price, though insider selling, elevated Treasury yields and potential mining-cost pressures remain risks.

denkapparat Operations GmbH purchased a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 21,636 shares of the basic materials company's stock, valued at approximately $452,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. bought a new stake in shares of Newmont in the second quarter worth $11,289,753,000. State Street Corp raised its position in Newmont by 1.0% during the 4th quarter. State Street Corp now owns 49,959,850 shares of the basic materials company's stock worth $4,988,491,000 after purchasing an additional 480,223 shares during the last quarter. Van ECK Associates Corp acquired a new position in Newmont during the 2nd quarter worth about $671,197,000. Geode Capital Management LLC lifted its holdings in Newmont by 3.6% during the 4th quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company's stock worth $2,738,756,000 after buying an additional 946,824 shares during the period. Finally, Norges Bank acquired a new stake in shares of Newmont in the fourth quarter valued at about $1,443,128,000. Institutional investors and hedge funds own 68.85% of the company's stock.

Insider Activity at Newmont

In other news, CEO Natascha Viljoen sold 3,882 shares of the 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 completion of the sale, the chief executive officer owned 131,353 shares in the company, valued at $16,156,419. This represents a 2.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the firm's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the transaction, the chief financial officer directly owned 29,324 shares in the company, valued at $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 32,091 shares of company stock valued at $3,414,187. 0.06% of the stock is owned by insiders.

Key Stories Impacting Newmont

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

Newmont Price Performance

Shares of NYSE NEM opened at $128.09 on Friday. Newmont Corporation has a fifty-two week low of $75.21 and a fifty-two week high of $135.29. The stock has a market cap of $134.97 billion, a price-to-earnings ratio of 16.17, a PEG ratio of 1.84 and a beta of 0.52. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. The firm's 50-day simple moving average is $107.18 and its 200 day simple moving average is $109.72.

Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, topping analysts' consensus estimates of $2.05 by $0.05. Newmont had a return on equity of 29.10% and a net margin of 33.36%.The firm had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.35 billion. During the same period in the previous year, the company posted $1.43 EPS. As a group, research analysts anticipate that Newmont Corporation will post 9.01 earnings per share for the current fiscal year.

Newmont Dividend Announcement

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

Analysts Set New Price Targets

A number of research firms recently commented on NEM. Zacks Research lowered Newmont from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 14th. BNP Paribas Exane decreased their target price on shares of Newmont from $111.00 to $102.00 and set a "neutral" rating for the company in a research report on Tuesday, July 21st. Jefferies Financial Group lowered their price target on shares of Newmont from $158.00 to $146.00 and set a "buy" rating for the company in a report on Monday, July 6th. BMO Capital Markets dropped their price target on shares of Newmont from $145.00 to $135.00 and set an "outperform" rating on the stock in a research report on Tuesday, June 23rd. Finally, TD Securities upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the company's stock. Based on data from MarketBeat, Newmont has a consensus rating of "Moderate Buy" and a consensus target price of $132.73.

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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