Newmont Corporation $NEM Position Increased by Meiji Yasuda Asset Management Co Ltd.

Key Points

• Meiji Yasuda Asset Management increased its stake in Newmont by 80.4% in Q3 to 47,180 shares (about $3.98M), while other institutions—most notably Robeco (now ~4.30M shares, +172.2%) and AustralianSuper—also made large additions, leaving institutional ownership at 68.85%.
• Analysts are broadly bullish: the consensus rating is Buy with an average target of $134.15, and several brokers (including Jefferies, National Bank, Canaccord and Citigroup) have recently raised price targets.
• Newmont reported a strong quarter, beating EPS estimates ($2.52 vs. $1.81) and revenue ($6.82B vs. $6.18B), and raised its quarterly dividend to $0.26 (annualized $1.04; yield ~0.9%).

Meiji Yasuda Asset Management Co Ltd. boosted its stake in shares of Newmont Corporation (NYSE:NEM - Free Report) by 80.4% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 47,180 shares of the basic materials company's stock after purchasing an additional 21,023 shares during the quarter. Meiji Yasuda Asset Management Co Ltd.'s holdings in Newmont were worth $3,978,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Estate Counselors LLC acquired a new stake in shares of Newmont in the third quarter valued at approximately $4,182,000. AustralianSuper Pty Ltd increased its position in Newmont by 124.8% in the 3rd quarter. AustralianSuper Pty Ltd now owns 330,250 shares of the basic materials company's stock valued at $27,843,000 after acquiring an additional 183,360 shares during the period. Knights of Columbus Asset Advisors LLC raised its stake in Newmont by 286.5% during the 3rd quarter. Knights of Columbus Asset Advisors LLC now owns 60,499 shares of the basic materials company's stock valued at $5,101,000 after acquiring an additional 44,846 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its position in Newmont by 172.2% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 4,304,215 shares of the basic materials company's stock worth $362,888,000 after acquiring an additional 2,723,044 shares during the period. Finally, Live Oak Investment Partners acquired a new position in Newmont during the 3rd quarter worth $2,232,000. 68.85% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on NEM. National Bank Financial upped their price objective on shares of Newmont from $120.00 to $140.00 and gave the stock an "outperform" rating in a report on Wednesday, February 4th. Jefferies Financial Group raised their target price on shares of Newmont from $158.00 to $162.00 and gave the company a "buy" rating in a research note on Monday, March 2nd. Zacks Research upgraded shares of Newmont from a "hold" rating to a "strong-buy" rating in a research report on Thursday. Canaccord Genuity Group increased their price objective on shares of Newmont from $115.00 to $140.00 and gave the company a "buy" rating in a report on Friday, January 23rd. Finally, Raymond James Financial raised their price objective on shares of Newmont from $111.00 to $130.00 and gave the company an "outperform" rating in a research note on Thursday, January 15th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $134.15.

Newmont Price Performance

NYSE:NEM opened at $116.37 on Monday. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The business's 50-day moving average price is $117.25 and its 200 day moving average price is $97.14. Newmont Corporation has a 52-week low of $42.03 and a 52-week high of $134.88. The firm has a market cap of $126.60 billion, a P/E ratio of 18.21, a PEG ratio of 0.92 and a beta of 0.39.

Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, beating analysts' consensus estimates of $1.81 by $0.71. The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. Newmont's revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the company earned $1.40 EPS. As a group, sell-side analysts predict that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 0.9%. This is a positive change from Newmont's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. Newmont's dividend payout ratio (DPR) is presently 16.28%.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Zacks upgraded NEM to a Zacks Rank #1 (Strong Buy), which typically attracts buying interest and can lift near-term sentiment among retail and model-driven investors. Newmont (NEM) Upgraded to Strong Buy: Here's What You Should Know
• Positive Sentiment: Zacks Research has raised near-term EPS estimates for Newmont (Q3 and Q4 2026), lifting fundamentals expectations—this supports higher earnings-per-share forecasts and improves the stock’s forward valuation (consensus full-year EPS ~ $3.45).
• Positive Sentiment: Citigroup raised its price target on NEM to $150, signaling bullish conviction from a major bank and giving investors a higher upside reference point. Citigroup Increases Newmont NYSE: NEM Price Target to $150.00
• Positive Sentiment: Geopolitical tensions pushed gold toward record highs, a clear tailwind for gold miners’ revenues and margins—this macro driver supports Newmont’s commodity-linked upside. With Iran Sending Gold Over $5,000, the Best Gold Stocks and ETFs to Buy Now
• Neutral Sentiment: Several pieces discuss whether Wall Street’s optimistic broker recommendations are meaningful; coverage may drive short-term flows but analysts’ consensus is mixed, so impact is uncertain. Is Newmont (NEM) a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: TD Securities reduced its expectations for Newmont, which pressures sentiment from institutional investors and can weigh on short-term performance. TD Securities Has Lowered Expectations for Newmont NYSE: NEM Stock Price
• Negative Sentiment: Earlier analyst downgrades triggered a sharp intraday sell-off (reported trading down ~8% after a downgrade), creating lingering volatility and a stubborn headline risk. Newmont NYSE: NEM Trading Down 8% After Analyst Downgrade
• Negative Sentiment: Recent write-ups noted material intraday dips (around 2.7–2.8% in prior sessions), reflecting that selling pressure can reappear despite positive analyst notes. Why Newmont Corporation (NEM) Dipped More Than Broader Market Today

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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