Raiffeisen Bank International AG Takes Position in Newmont Corporation $NEM

Key Points

• Raiffeisen Bank International purchased 525,554 Newmont shares during the second quarter, valued at approximately $11.0 million. Institutional investors collectively own 68.85% of Newmont.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $132.73, although several brokerages recently lowered their targets.
• Newmont reported quarterly EPS of $2.10, above expectations, and declared a $0.26 quarterly dividend. However, insiders have reported stock sales without purchases in recent months, while gold prices, interest rates and mining costs remain key risks.

Raiffeisen Bank International AG purchased a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) during the second quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 525,554 shares of the basic materials company's stock, valued at approximately $10,984,000.

Several other institutional investors and hedge funds also recently bought and sold shares of NEM. Parkside Financial Bank & Trust lifted its holdings in Newmont by 1.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company's stock worth $714,000 after purchasing an additional 96 shares in the last quarter. Coston McIsaac & Partners increased its position in shares of Newmont by 28.6% during the fourth quarter. Coston McIsaac & Partners now owns 450 shares of the basic materials company's stock valued at $44,000 after buying an additional 100 shares during the period. Creative Financial Designs Inc. ADV increased its position in shares of Newmont by 6.5% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 1,647 shares of the basic materials company's stock valued at $164,000 after buying an additional 100 shares during the period. Blue Trust Inc. lifted 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 worth $1,861,000 after buying an additional 100 shares in the last quarter. Finally, Townsquare Capital LLC boosted its position in shares of Newmont by 4.2% in the fourth quarter. Townsquare Capital LLC now owns 2,523 shares of the basic materials company's stock valued at $252,000 after acquiring an additional 102 shares during the period. 68.85% of the stock is owned by institutional investors.

Insider Transactions at Newmont

In related news, CFO Brian Tabolt sold 11,445 shares of the business's stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the completion of the sale, the chief financial officer owned 29,324 shares in the company, valued at $3,081,659.16. The trade was a 28.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the company's stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total value of $369,000.00. Following the completion of the sale, the executive vice president directly owned 37,315 shares of the company's stock, valued at approximately $4,589,745. This represents a 7.44% 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. In the last three months, insiders sold 32,091 shares of company stock worth $3,414,187. 0.06% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several brokerages recently commented on NEM. The Goldman Sachs Group reduced their price objective on shares of Newmont from $122.50 to $111.40 and set a "buy" rating for the company in a research note on Wednesday, July 1st. Scotiabank raised their price target on shares of Newmont from $147.00 to $149.00 and gave the company an "outperform" rating in a report on Wednesday, August 12th. BNP Paribas Exane reduced their price target on shares of Newmont from $111.00 to $102.00 and set a "neutral" rating for the company in a research report on Tuesday, July 21st. Jefferies Financial Group dropped their price objective on Newmont from $158.00 to $146.00 and set a "buy" rating for the company in a research note on Monday, July 6th. Finally, Weiss Ratings cut Newmont from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $132.73.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s recent quarterly update continues to support investor sentiment: the company reported approximately 1.3 million attributable gold ounces, record quarterly free cash flow of $2.2 billion, maintained its 2026 production guidance and declared a $0.26-per-share dividend. Why Newmont Corporation Stock Is Up Today
• Positive Sentiment: A recent valuation analysis characterized Newmont as financially resilient, citing a net margin of roughly 33%, strong cash generation, low leverage and a forward P/E near 14.5. The company’s $1.95 billion payment to Barrick to finalize the Nevada Gold Mines joint-venture settlement also strengthens its control of a major production base. Newmont Stock Analysis
• Neutral Sentiment: Analysts’ recent price targets have a median of $140, suggesting potential upside from current levels, although targets range widely from $120 to $176 and remain sensitive to gold prices, interest rates and mining costs. Newmont Price Targets
• Negative Sentiment: Newmont CEO Natascha Viljoen sold 3,882 shares worth approximately $477,000, while EVP Peter Toth sold 3,000 shares worth about $369,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their holdings but not necessarily signaling a change in business outlook. Newmont Insider Transactions
• Negative Sentiment: Insider activity has been one-sided over the past six months, with reported sales and no purchases. High Treasury yields also remain a risk because they raise the opportunity cost of holding gold, while inflation and energy costs could pressure mining margins. Newmont Insider and Market Analysis

Newmont Price Performance

NEM stock opened at $130.59 on Friday. The firm has a 50 day simple moving average of $106.54 and a two-hundred day simple moving average of $109.59. The stock has a market cap of $137.60 billion, a PE ratio of 16.49, a P/E/G ratio of 1.76 and a beta of 0.52. Newmont Corporation has a one year low of $73.44 and a one year high of $135.29. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26.

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

Newmont Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd will be paid a dividend of $0.26 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 annualized dividend and a yield of 0.8%. Newmont's payout ratio is 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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