Newmont Corporation $NEM Shares Sold by Stack Financial Management Inc

Key Points

• Stack Financial Management cut its Newmont stake by 42.9% in Q4, selling 83,492 shares and retaining 111,000 shares worth $11.083 million; institutional investors now own about 68.85% of the stock.
• Insiders have sold 43,068 shares over the past three months (≈$4.77M), including David James Fry (18,394 shares at $111.45) and EVP Peter Wexler (13,378 shares at $110.11), with Wexler’s sale executed under a pre‑arranged Rule 10b5‑1 plan to cover tax withholding.
• Newmont posted a strong Q1 beat — EPS $2.90 vs. $2.07 consensus and revenue $7.31B (+45.8% YoY) — and announced a $0.26 quarterly dividend and up to $6 billion in buybacks, though the buyback news triggered a short‑term share selloff.

Stack Financial Management Inc reduced its stake in shares of Newmont Corporation (NYSE:NEM - Free Report) by 42.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 111,000 shares of the basic materials company's stock after selling 83,492 shares during the period. Stack Financial Management Inc's holdings in Newmont were worth $11,083,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in NEM. Apella Capital LLC boosted 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 purchasing an additional 86 shares during the last quarter. New Wave Wealth Advisors LLC raised its position in shares of 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 worth $684,000 after acquiring an additional 88 shares during the period. Novem Group raised its position in shares of Newmont by 3.7% during the 4th quarter. Novem Group now owns 2,487 shares of the basic materials company's stock worth $248,000 after purchasing an additional 88 shares during the last quarter. Norden Group LLC raised its position in shares of Newmont by 0.7% during the 4th quarter. Norden Group LLC now owns 12,367 shares of the basic materials company's stock worth $1,235,000 after purchasing an additional 90 shares during the last quarter. Finally, Avidian Wealth Enterprises LLC raised its position in shares of Newmont by 1.2% during the 4th quarter. Avidian Wealth Enterprises LLC now owns 9,240 shares of the basic materials company's stock worth $923,000 after purchasing an additional 110 shares during the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Newmont

In related news, insider David James Fry sold 18,394 shares of the company's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $111.45, for a total transaction 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. This represents a 51.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Peter Wexler sold 13,378 shares of the company's stock in a transaction on Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $1,473,051.58. Following the completion of the transaction, the executive vice president owned 67,865 shares of the company's stock, valued at $7,472,615.15. This trade represents a 16.47% 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. 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. 0.06% of the stock is currently owned by company insiders.

Newmont Trading Down 0.4%

Shares of Newmont stock opened at $108.23 on Tuesday. Newmont Corporation has a 52-week low of $48.27 and a 52-week high of $134.88. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15. The company's 50-day simple moving average is $113.57 and its 200-day simple moving average is $105.57. The firm has a market cap of $115.54 billion, a price-to-earnings ratio of 14.04, a price-to-earnings-growth ratio of 1.55 and a beta of 0.43.

Newmont (NYSE:NEM - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The business had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same period in the previous year, the business posted $1.25 earnings per share. The business's revenue was up 45.8% compared to the same quarter last year. As a group, equities research analysts anticipate that Newmont Corporation will post 9.47 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. Stockholders of record on Wednesday, May 27th will be given a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, May 27th. Newmont's payout ratio is currently 13.49%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on NEM shares. Jefferies Financial Group increased their price objective on shares of Newmont from $162.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday, April 10th. Canadian Imperial Bank of Commerce cut their price target on shares of Newmont from $177.00 to $176.00 and set an "outperform" rating on the stock in a research note on Tuesday, April 21st. Macquarie Infrastructure lifted their price target on shares of Newmont from $130.00 to $133.00 and gave the stock an "outperform" rating in a research note on Monday, April 27th. TD lifted their price target on shares of Newmont from $116.00 to $129.00 and gave the stock a "hold" rating in a research note on Monday, April 27th. Finally, UBS Group cut their price target on shares of Newmont from $150.00 to $140.00 and set a "buy" rating on the stock in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Newmont currently has an average rating of "Moderate Buy" and an average target price of $142.51.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Q1/2026 beat and “record” results cited by Zacks reinforce the earnings momentum: Newmont's recent quarter showed sharply higher revenue and EPS versus year-ago levels, supporting the company's profitability story. These 3 Companies Reported Record Breaking Results
• Positive Sentiment: Zacks highlights Newmont as a long‑term growth name based on style scores and fundamentals, which may underpin longer‑term investor interest despite short‑term volatility. Why Newmont Corporation (NEM) is a Top Growth Stock for the Long-Term
• Positive Sentiment: Newmont appears on a list of top silver‑mining picks with projected upside (~35.7% in that screen), which could attract interest from precious‑metals and thematic investors. 5 Best Silver Mining Stocks to Buy
• Neutral Sentiment: Multiple executive share sales (Peter Wexler, David John Thornton, Peter Toth) were filed as Form 4s and executed under pre‑arranged Rule 10b5‑1 plans to cover tax withholding from vested awards — reduces insider ownership percentages but appears administrative rather than a signal of concern. SEC filings: Wexler Form 4 / Thornton Form 4 / Toth Form 4
• Negative Sentiment: Market reacted poorly in early May after Newmont authorized up to US$6 billion in buybacks despite a strong Q1 beat; one account notes a ~10% intraday decline, suggesting short‑term profit taking, gold‑price sensitivity, or investor re‑pricing of buyback timing/size. That selloff is driving today's weaker price action. Newmont (NEM) Is Down 10.0% After Authorizing US$6 Billion Buyback And Q1 Beat
• Neutral Sentiment: Commentary (e.g., Motley Fool) reminds investors that Newmont’s share moves are closely tied to gold prices; macro moves in commodities or rates can outweigh company‑level positives in the short term. Newmont Investors Should Have Expected It

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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