Newmont Corporation $NEM Shares Acquired by Diversify Advisory Services LLC

Key Points

• Diversify Advisory Services LLC raised its stake in Newmont by 53.5% in Q4 to 27,900 shares after acquiring an additional 9,727 shares, worth about $2.79 million.
• Institutional investors own 68.85% of Newmont, with large funds — including Legal & General (8.16M shares) and Boston Partners (6.93M shares) — adding to positions in recent quarters.
• Analyst sentiment is broadly positive: Newmont carries a Moderate Buy consensus with an average price target of $133.91 (several firms raised targets to as high as $175), and the company recently beat quarterly EPS estimates and raised its quarterly dividend to $0.26.

Diversify Advisory Services LLC raised its position in shares of Newmont Corporation (NYSE:NEM - Free Report) by 53.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,900 shares of the basic materials company's stock after acquiring an additional 9,727 shares during the quarter. Diversify Advisory Services LLC's holdings in Newmont were worth $2,786,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Legal & General Group Plc raised its position in shares of Newmont by 9.6% in the third quarter. Legal & General Group Plc now owns 8,156,669 shares of the basic materials company's stock valued at $687,223,000 after buying an additional 711,940 shares during the last quarter. Boston Partners raised its position in shares of Newmont by 49.3% in the third quarter. Boston Partners now owns 6,931,710 shares of the basic materials company's stock valued at $585,828,000 after buying an additional 2,288,653 shares during the last quarter. Victory Capital Management Inc. raised its position in shares of Newmont by 33.8% in the third quarter. Victory Capital Management Inc. now owns 4,925,237 shares of the basic materials company's stock valued at $414,270,000 after buying an additional 1,244,845 shares during the last quarter. Nordea Investment Management AB raised its position in shares of Newmont by 10.3% in the fourth quarter. Nordea Investment Management AB now owns 4,784,777 shares of the basic materials company's stock valued at $482,162,000 after buying an additional 447,904 shares during the last quarter. Finally, National Pension Service raised its position in shares of Newmont by 2.7% in the third quarter. National Pension Service now owns 4,354,264 shares of the basic materials company's stock valued at $367,108,000 after buying an additional 114,949 shares during the last quarter. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Newmont

In other Newmont news, insider David James Fry sold 18,394 shares of the firm's stock in a transaction on Monday, March 16th. The stock was 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 owned 17,147 shares of the company's stock, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total value of $339,270.00. Following the sale, the executive vice president directly owned 52,315 shares of the company's stock, valued at approximately $5,916,303.35. This trade represents a 5.42% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 24,394 shares of company stock valued at $2,713,281. 0.06% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on NEM. Zacks Research cut shares of Newmont from a "strong-buy" rating to a "hold" rating in a research report on Friday, April 3rd. Jefferies Financial Group increased their price target on Newmont from $162.00 to $165.00 and gave the company a "buy" rating in a report on Friday. Macquarie Infrastructure increased their price target on Newmont from $126.00 to $130.00 and gave the company an "outperform" rating in a report on Friday, March 27th. The Goldman Sachs Group increased their price target on Newmont from $122.30 to $123.20 and gave the company a "buy" rating in a report on Thursday. Finally, Stifel Nicolaus increased their price target on Newmont from $120.00 to $175.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company's stock. According to MarketBeat, Newmont has a consensus rating of "Moderate Buy" and an average price target of $133.91.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Jefferies raised its price target on NEM to $165 and maintained a Buy rating — a sizable upside view that supports further upside interest from investors. Jefferies Adjusts Price Target on Newmont to $165
• Positive Sentiment: Goldman Sachs nudged its price target higher and kept a Buy rating, providing incremental analyst support for the stock. Goldman Sachs Adjusts Price Target on Newmont
• Positive Sentiment: Macro/sector writeups point to higher gold prices (sovereign de‑dollarization, inflation) creating a structural floor for majors like Newmont — a tailwind for sentiment and multiples. Golden Ceasefires: Forget Fear, It's About the Global Reset
• Positive Sentiment: Barron's highlights that miners could rally if geopolitical copper fears fade and commodities recover — it cites potential upside for gold miners including Newmont in a recovery scenario. Copper Is a ‘Peace' Commodity. Own These Miners in a Market Recovery.
• Positive Sentiment: Several momentum/stock‑pick pieces (MSN, Zacks) profile NEM as a long‑term momentum/value candidate, which can attract retail and quant flows. Why Newmont Corporation (NEM) is a top momentum stock for the long term Zacks: Why Newmont Is a Top Momentum Stock
• Negative Sentiment: Covering the other side, Yahoo Finance/Zacks report falling gold production and rising costs in 2026 from mine transitions and lower volumes — this could weigh on FY26 margins and cap investor enthusiasm if realized. Will Falling Gold Production Weigh on Newmont's FY26 Performance? Zacks: Will Falling Gold Production Weigh on Newmont's FY26 Performance?

Newmont Price Performance

Newmont stock opened at $120.84 on Friday. Newmont Corporation has a 12-month low of $48.27 and a 12-month high of $134.88. The stock has a market cap of $130.50 billion, a P/E ratio of 18.91, a PEG ratio of 0.92 and a beta of 0.46. The company has a 50-day moving average price of $115.34 and a 200 day moving average price of $102.76. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16.

Newmont (NYSE:NEM - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.81 by $0.71. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The firm had revenue of $6.82 billion during the quarter, compared to analysts' expectations of $6.18 billion. During the same period last year, the business earned $1.40 earnings per share. Newmont's revenue was up 20.6% compared to the same quarter last year. Sell-side analysts anticipate that Newmont Corporation will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were paid a dividend of $0.26 per share. 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 of this dividend was Tuesday, March 3rd. Newmont's payout ratio is 16.28%.

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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