Newmont Corporation $NEM Shares Purchased by Equitable Holdings Inc.

Key Points

• Equitable Holdings increased its Newmont stake by 22.8% in the second quarter, bringing its holdings to 44,892 shares valued at approximately $4.2 million. Institutional investors collectively own 68.85% of Newmont.
• Analysts remain broadly positive, with a consensus rating of “Moderate Buy” and an average price target of $132.73, although some firms lowered targets or downgraded the stock after its strong rally.
• Newmont reported quarterly EPS of $2.10, ahead of estimates, and declared a quarterly dividend of $0.26. However, potential 2026 production declines and higher costs could limit upside if gold prices weaken.

Equitable Holdings Inc. raised its stake in Newmont Corporation (NYSE:NEM - Free Report) by 22.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 44,892 shares of the basic materials company's stock after purchasing an additional 8,348 shares during the quarter. Equitable Holdings Inc.'s holdings in Newmont were worth $4,193,000 at the end of the most recent reporting period.

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

Analyst Ratings Changes

Several research firms recently issued reports on NEM. TD increased their price target on shares of Newmont from $127.00 to $133.00 and gave the stock a "buy" rating in a report on Wednesday, August 12th. BNP Paribas Exane dropped their target price on Newmont from $111.00 to $102.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. Barclays cut their target price on Newmont from $125.00 to $124.00 and set an "overweight" rating for the company in a research note on Tuesday, July 28th. Bank of America reduced their price target on Newmont from $157.00 to $132.00 and set a "buy" rating for the company in a report on Thursday, July 9th. Finally, Zacks Research downgraded Newmont from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, July 14th. Two investment 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 stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $132.73.

Insider Activity at Newmont

In related news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction 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 transaction, the chief financial officer directly owned 29,324 shares of the company's stock, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Peter Toth sold 3,000 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $93.45, for a total value of $280,350.00. Following the sale, the executive vice president owned 40,315 shares in the company, valued at approximately $3,767,436.75. The trade was a 6.93% decrease in their ownership of the stock. 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 sold 32,091 shares of company stock valued at $3,292,513 in the last ninety days. Corporate insiders own 0.06% of the company's stock.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong liquidity, cash flows and debt reduction give it flexibility to fund expansion projects while continuing shareholder returns. This strengthens the company’s balance sheet and supports the longer-term investment case. Will Newmont's Liquidity Strength Unlock Growth and Value?
• Positive Sentiment: Recent operating results highlighted 1.29 million ounces of gold production, $2.2 billion in adjusted net income, record quarterly free cash flow of $2.2 billion and $1.9 billion returned to shareholders. Management also reaffirmed its 2026 guidance, reinforcing confidence in execution. Newmont: Investors Punished Barrick For This Deal
• Positive Sentiment: Analysts and market commentary point to record free cash flow, a net-cash balance sheet, long-life Tier 1 assets and institutional buying as reasons investors have favored NEM. Its shares were reported to be up 57.8% since an October 2025 institutional-inflow signal. Newmont Shares Shine on Production, Record Free Cash Flow
• Neutral Sentiment: Comparisons with Barrick indicate that both gold miners benefit from higher bullion prices, but investors are weighing Newmont’s growth projects, costs, valuation and earnings outlook against its peer. Newmont vs. Barrick Mining: Which Gold Giant Is Shining Brighter?
• Negative Sentiment: After the strong rally, one analysis downgraded Newmont, arguing that the market may have already priced in much of the improvement. Other commentary warned that the rally could be premature, increasing the risk of profit-taking or valuation compression. Newmont: The Market Has Finally Caught Up
• Negative Sentiment: Newmont faces a potential 2026 production trough, with output guidance of approximately 5.3 million ounces and all-in sustaining costs potentially rising to $1,680 per ounce. Those pressures could limit upside if gold prices weaken. Newmont: The Risks Associated With A Premature Share Price Rally

Newmont Stock Up 0.7%

NEM stock opened at $132.50 on Friday. The company has a market cap of $139.61 billion, a P/E ratio of 16.73, a P/E/G ratio of 1.36 and a beta of 0.47. Newmont Corporation has a 52 week low of $72.23 and a 52 week high of $135.29. The company's 50-day moving average price is $103.75 and its 200 day moving average price is $109.44. The company has a current ratio of 2.55, a quick ratio of 2.26 and a debt-to-equity ratio of 0.15.

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

Newmont Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be issued a $0.26 dividend. The ex-dividend date 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 is currently 13.13%.

About Newmont

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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