Newmont Corporation $NEM Shares Purchased by ABN AMRO Bank N.V.

Key Points

• ABN AMRO Bank N.V. boosted its Newmont stake by 555.5% in the fourth quarter, ending with 300,395 shares valued at about $30.4 million.
• Newmont’s latest quarter showed strong operating performance, with EPS of $2.90 topping estimates and revenue of $7.31 billion, while management also announced a quarterly dividend of $0.26 per share.
• Analysts remain broadly positive: several firms raised price targets or ratings, and Newmont now carries a consensus Moderate Buy rating with an average target price of $142.51.

ABN AMRO Bank N.V. increased its stake in shares of Newmont Corporation (NYSE:NEM - Free Report) by 555.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 300,395 shares of the basic materials company's stock after purchasing an additional 254,567 shares during the quarter. ABN AMRO Bank N.V.'s holdings in Newmont were worth $30,393,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Apella Capital LLC lifted its holdings in Newmont by 4.1% in the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company's stock valued at $219,000 after acquiring an additional 86 shares during the period. New Wave Wealth Advisors LLC lifted its holdings in Newmont by 1.3% in the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company's stock valued at $684,000 after acquiring an additional 88 shares during the period. Novem Group lifted its holdings in Newmont by 3.7% in the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company's stock valued at $248,000 after acquiring an additional 88 shares during the period. Norden Group LLC lifted its holdings in Newmont by 0.7% in the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company's stock valued at $1,235,000 after acquiring an additional 90 shares during the period. Finally, Coston McIsaac & Partners lifted its holdings in Newmont by 28.6% in the fourth quarter. Coston McIsaac & Partners now owns 450 shares of the basic materials company's stock valued at $44,000 after acquiring an additional 100 shares during the period. 68.85% of the stock is owned by institutional investors and hedge funds.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s Q1 2026 results highlighted record free cash flow, stronger commodity prices, and an expanded $6 billion buyback, all of which reinforce the company’s ability to generate cash and reward shareholders. Assessing Newmont (NEM) Valuation After Record Free Cash Flow And Expanded US$6b Buyback
• Positive Sentiment: Zacks Research raised multiple future earnings estimates for Newmont, including FY2026, FY2027, and FY2028, signaling improved profit expectations over the coming years. MarketBeat Newmont Research Report
• Neutral Sentiment: Newmont is also being watched as a trending stock on Zacks, reflecting elevated investor interest rather than a clear new fundamental development. Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Despite the upgraded estimates, Zacks Research kept a Hold rating on Newmont, suggesting analysts see upside in earnings but are not yet ready to turn more bullish on the shares. MarketBeat Newmont Research Report

Insider Buying and Selling

In related news, insider David James Fry sold 18,394 shares of the business's stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the transaction, the insider owned 17,147 shares of the company's stock, valued at approximately $1,911,033.15. The trade was a 51.75% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Peter Toth sold 3,000 shares of the business's stock in a transaction dated Friday, May 1st. The shares were 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 directly owned 49,315 shares of the company's stock, valued at $5,430,074.65. The trade was a 5.73% 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. Insiders have sold a total of 43,068 shares of company stock worth $4,769,475 in the last 90 days. Corporate insiders own 0.06% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on NEM shares. Wall Street Zen raised Newmont from a "hold" rating to a "buy" rating in a report on Saturday, April 25th. Stifel Nicolaus raised their target price on Newmont from $120.00 to $175.00 and gave the company a "buy" rating in a report on Tuesday, February 10th. Bank of America raised their target price on Newmont from $134.00 to $151.00 and gave the company a "buy" rating in a report on Thursday, February 26th. Canadian Imperial Bank of Commerce reduced their target price on Newmont from $177.00 to $176.00 and set an "outperform" rating for the company in a report on Tuesday, April 21st. Finally, BMO Capital Markets raised their target price on Newmont from $140.00 to $145.00 and gave the company an "outperform" rating in a report on Friday, April 24th. One research analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $142.51.

Newmont Stock Down 0.1%

Shares of NYSE NEM opened at $116.45 on Monday. Newmont Corporation has a 12-month low of $48.27 and a 12-month high of $134.88. The company has a market capitalization of $124.32 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.62 and a beta of 0.43. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17. The firm's 50-day moving average is $112.91 and its two-hundred day moving average is $105.96.

Newmont (NYSE:NEM - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company had revenue of $7.31 billion for the quarter, compared to the consensus estimate of $6.83 billion. During the same quarter in the prior year, the firm earned $1.25 earnings per share. The company's revenue for the quarter was up 45.8% compared to the same quarter last year. Equities analysts anticipate that Newmont Corporation will post 9.72 EPS for the current fiscal year.

Newmont Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Wednesday, May 27th. Newmont's dividend payout ratio is 13.49%.

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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