Expressive Wealth LLC Acquires Shares of 7,660 Newmont Corporation $NEM

Key Points

• Expressive Wealth LLC acquired 7,660 Newmont shares worth approximately $715,000 in the second quarter. Institutional investors collectively own 68.85% of Newmont.
• Newmont reported quarterly EPS of $2.10, beating estimates of $2.05, while gold prices reaching record levels and strong cash flow supported investor sentiment. The stock was trading near its 52-week high.
• Analysts maintain a generally positive outlook, with a consensus “Moderate Buy” rating and a $132.59 price target. Newmont also declared a quarterly dividend of $0.26 per share, while recent insider activity consisted entirely of reported sales.

Expressive Wealth LLC acquired a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 7,660 shares of the basic materials company's stock, valued at approximately $715,000.

Several other large investors also recently modified their holdings of the business. Parkside Financial Bank & Trust lifted its holdings in Newmont by 1.4% in the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company's stock worth $714,000 after buying an additional 96 shares during the period. Coston McIsaac & Partners increased its stake in shares of Newmont by 28.6% during the fourth quarter. Coston McIsaac & Partners now owns 450 shares of the basic materials company's stock valued at $44,000 after buying an additional 100 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in shares of Newmont by 6.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,647 shares of the basic materials company's stock valued at $164,000 after acquiring an additional 100 shares in the last quarter. Blue Trust Inc. lifted its stake in Newmont by 0.6% in the first quarter. Blue Trust Inc. now owns 17,194 shares of the basic materials company's stock worth $1,861,000 after acquiring an additional 100 shares during the period. Finally, Townsquare Capital LLC boosted its holdings in Newmont by 4.2% in the fourth quarter. Townsquare Capital LLC now owns 2,523 shares of the basic materials company's stock valued at $252,000 after acquiring an additional 102 shares in the last quarter. 68.85% of the stock is owned by institutional investors.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Gold reached record levels. Spot gold traded above $4,500 an ounce and was on track for a third consecutive weekly gain. A softer U.S. dollar, bond-market volatility and inflation concerns increased demand for gold as a safe-haven asset, improving the potential revenue and cash-flow outlook for Newmont. Why Is Newmont Stock Surging Friday?
• Positive Sentiment: Strong operating performance and capital returns supported sentiment. Newmont reported record second-quarter free cash flow of $2.2 billion and operating cash flow of $2.9 billion, remains on track to produce 5.3 million attributable gold ounces in 2026, and has returned approximately $1.9 billion through dividends and share repurchases since its prior earnings report.
• Positive Sentiment: Scotiabank raised its earnings forecast. The firm increased its FY2026 EPS estimate to $8.96 from $8.83, maintained an “Outperform” rating and set a $149 price target. The median target among 10 analysts is reported at $145.50, suggesting analysts generally see additional upside.
• Neutral Sentiment: Newmont appointed Peter Beaven as an independent director. Effective September 1, Beaven is expected to join the Audit Committee, adding finance and global mining experience. The appointment is strategically supportive but is unlikely to materially change near-term earnings. Newmont Appoints Peter Beaven to Board of Directors
• Neutral Sentiment: Newmont agreed to sell a Nevada gold project to StrikePoint for $70 million. The transaction may help streamline the portfolio and monetize a noncore asset, although the immediate earnings impact was not provided. StrikePoint to Buy Nevada Gold Project from Newmont
• Negative Sentiment: Reported insider trading was a potential cautionary signal. Company insiders recorded 15 open-market sales and no purchases during the past six months, though such transactions may reflect compensation or personal financial planning rather than a view on Newmont’s business.

Newmont Trading Up 3.2%

NYSE:NEM opened at $131.76 on Friday. The stock has a market cap of $138.83 billion, a price-to-earnings ratio of 16.64, a PEG ratio of 1.32 and a beta of 0.47. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. The company's 50 day moving average price is $101.60 and its 200-day moving average price is $108.96. Newmont Corporation has a 52 week low of $69.05 and a 52 week high of $134.88.

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

Newmont Announces Dividend

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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on NEM. Canaccord Genuity Group reduced their price objective on shares of Newmont from $160.00 to $130.00 and set a "buy" rating on the stock in a research report on Thursday, July 23rd. Scotiabank boosted their price target on shares of Newmont from $147.00 to $149.00 and gave the company an "outperform" rating in a research report on Wednesday, August 12th. TD Securities upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a report on Tuesday, July 14th. Bank of America cut their price objective on Newmont from $157.00 to $132.00 and set a "buy" rating on the stock in a research report on Thursday, July 9th. Finally, National Bank Financial decreased their target price on Newmont from $140.00 to $125.00 and set a "sector perform" rating for the company in a research report on Tuesday, July 14th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued 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 $132.59.

Insider Transactions at Newmont

In other news, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction dated Monday, August 3rd. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00. Following the sale, the executive vice president owned 40,315 shares of the company's stock, valued at $3,767,436.75. This trade represents a 6.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. 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 that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the completion of the sale, the chief financial officer owned 29,324 shares in the company, valued at $3,081,659.16. This represents a 28.07% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 32,091 shares of company stock worth $3,292,513 over the last quarter. 0.06% of the stock is currently owned by insiders.

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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