Intact Investment Management Inc. Sells 49,100 Shares of Newmont Corporation $NEM

Intact Investment Management Inc. reduced its holdings in shares of Newmont Corporation (NYSE:NEM - Free Report) by 97.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,400 shares of the basic materials company's stock after selling 49,100 shares during the period. Intact Investment Management Inc.'s holdings in Newmont were worth $140,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. GoalVest Advisory LLC bought a new position in shares of Newmont in the fourth quarter worth approximately $25,000. Cornerstone Planning Group LLC grew its holdings in shares of Newmont by 312.1% in the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company's stock worth $27,000 after purchasing an additional 206 shares during the last quarter. Lodestone Wealth Management LLC bought a new position in shares of Newmont in the fourth quarter worth approximately $28,000. Laurel Wealth Advisors LLC bought a new position in shares of Newmont in the fourth quarter worth approximately $30,000. Finally, Rosenberg Matthew Hamilton grew its holdings in shares of Newmont by 308.0% in the fourth 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 last quarter. Institutional investors own 68.85% of the company's stock.

Newmont Stock Performance

Shares of NEM stock opened at $109.01 on Wednesday. The stock has a fifty day moving average of $113.30 and a 200 day moving average of $105.68. Newmont Corporation has a 52 week low of $48.27 and a 52 week high of $134.88. The firm has a market capitalization of $116.38 billion, a price-to-earnings ratio of 14.14, a PEG ratio of 1.54 and a beta of 0.43. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15.

Newmont (NYSE:NEM - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, topping analysts' consensus estimates of $2.07 by $0.83. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The company had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same quarter last year, the firm posted $1.25 earnings per share. The firm's revenue was up 45.8% on a year-over-year basis. As a group, research analysts expect that Newmont Corporation will post 9.5 earnings per share for the current year.

Newmont Announces Dividend

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 given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.04 annualized dividend and a yield of 1.0%. Newmont's dividend payout ratio (DPR) is currently 13.49%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the stock. Royal Bank Of Canada raised their target price on shares of Newmont from $120.00 to $125.00 and gave the stock an "outperform" rating in a report on Tuesday, February 3rd. TD raised their target price on shares of Newmont from $116.00 to $129.00 and gave the stock a "hold" rating in a report on Monday, April 27th. Raymond James Financial raised their price target on Newmont from $111.00 to $130.00 and gave the stock an "outperform" rating in a research note on Thursday, January 15th. TD Securities reaffirmed a "hold" rating and issued a $129.00 price target on shares of Newmont in a research note on Monday, April 27th. Finally, BMO Capital Markets raised their price target on Newmont from $140.00 to $145.00 and gave the stock an "outperform" rating in a research note on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $142.51.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Q1 2026 “blowout” results (big revenue and EPS beat) are underpinning earnings momentum and supporting valuation re-rates by analysts. These 3 Companies Reported Record Breaking Results
• Positive Sentiment: Analysts have raised estimates and price targets (examples: BMO to $145, Scotiabank raised FY2026/27 EPS and carries a $151 target, Citi previously raised target to $150) — this adds institutional support for the stock. MarketBeat NEM Coverage
• Positive Sentiment: Newmont is being highlighted in recent “best silver‑mining” and long‑term growth screens, which may attract thematic and precious‑metals flows after the strong quarter. Why Newmont (NEM) Is Among the 8 Best Silver Mining Stocks to Buy
• Neutral Sentiment: Several executives sold shares (Wexler, Thornton, Toth) under pre‑arranged Rule 10b5‑1 plans to cover taxes on vested awards — reduces insider percentages but appears administrative rather than a governance red flag. Insider Selling: Newmont (NEM) Insider Sells
• Neutral Sentiment: Company pays a modest quarterly dividend (annualized ~$1.04) — income element is supportive but not a major driver versus commodity and earnings moves. MarketBeat NEM Coverage
• Negative Sentiment: A prior market reaction to Newmont’s authorization of up to $6B in buybacks triggered sharp intraday selling (~10% decline in one account), illustrating short‑term sensitivity to buyback timing, gold/commodity moves and profit‑taking — that volatility still influences sentiment. Newmont (NEM) Is Down 10.0% After Authorizing US$6 Billion Buyback And Q1 Beat

Insider Transactions at Newmont

In other Newmont news, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $330,330.00. Following the completion of the transaction, the executive vice president owned 49,315 shares of the company's stock, valued at approximately $5,430,074.65. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Wexler sold 13,378 shares of the firm's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $1,473,051.58. Following the transaction, the executive vice president directly owned 67,865 shares of the company's stock, valued at $7,472,615.15. This represents a 16.47% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 43,068 shares of company stock worth $4,769,475. Corporate insiders own 0.06% of the company's stock.

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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