Rakuten Securities Inc. Has $6.07 Million Stake in Newmont Corporation $NEM

Key Points

• Rakuten Securities raised its stake in Newmont by 244.5% in Q4 to 60,805 shares worth about $6.07 million, representing roughly 2.0% of its portfolio and its 11th largest position.
• Newmont beat Q1 expectations with adjusted EPS of $2.90 (vs. $2.07 est.) and revenue of $7.31B, generated record quarterly free cash flow (~$3.1B), and announced a quarterly dividend ($0.26/share) plus a $6B repurchase authorization.
• Institutional ownership is high (~68.9%) and analysts show a consensus "Moderate Buy" with a ~$139.81 target, though opinions and price targets remain mixed and regulatory risk in Ghana could weigh on the stock.

Rakuten Securities Inc. raised its stake in Newmont Corporation (NYSE:NEM - Free Report) by 244.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 60,805 shares of the basic materials company's stock after acquiring an additional 43,157 shares during the quarter. Newmont makes up approximately 2.0% of Rakuten Securities Inc.'s investment portfolio, making the stock its 11th largest position. Rakuten Securities Inc.'s holdings in Newmont were worth $6,071,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Legal & General Group Plc lifted its stake in Newmont by 9.6% in the 3rd quarter. Legal & General Group Plc now owns 8,156,669 shares of the basic materials company's stock valued at $687,223,000 after purchasing an additional 711,940 shares during the last quarter. Boston Partners grew its stake in shares of Newmont by 49.3% during the third quarter. Boston Partners now owns 6,931,710 shares of the basic materials company's stock worth $585,828,000 after buying an additional 2,288,653 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Newmont by 16.1% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 4,996,775 shares of the basic materials company's stock worth $498,928,000 after buying an additional 692,560 shares in the last quarter. Victory Capital Management Inc. increased its holdings in shares of Newmont by 33.8% during the third quarter. Victory Capital Management Inc. now owns 4,925,237 shares of the basic materials company's stock worth $414,270,000 after buying an additional 1,244,845 shares in the last quarter. Finally, Nordea Investment Management AB lifted its stake in shares of Newmont by 10.3% in the 4th quarter. Nordea Investment Management AB now owns 4,784,777 shares of the basic materials company's stock valued at $482,162,000 after acquiring an additional 447,904 shares during the last quarter. 68.85% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on NEM shares. TD Cowen cut their price objective on Newmont from $118.00 to $116.00 and set a "hold" rating on the stock in a report on Tuesday. BNP Paribas Exane increased their target price on Newmont from $123.00 to $128.00 and gave the company a "neutral" rating in a research report on Monday, March 2nd. National Bank Financial set a $130.00 price target on Newmont and gave the company a "sector perform" rating in a research note on Thursday, April 16th. Argus boosted their price target on Newmont from $94.00 to $125.00 and gave the stock a "buy" rating in a report on Thursday. Finally, TD lowered their price objective on Newmont from $118.00 to $116.00 and set a "hold" rating for the company in a research note on Tuesday. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $139.81.

Newmont Stock Performance

NYSE NEM opened at $111.00 on Friday. The company has a market capitalization of $119.87 billion, a price-to-earnings ratio of 17.37, a PEG ratio of 0.85 and a beta of 0.46. Newmont Corporation has a twelve month low of $48.27 and a twelve month high of $134.88. The stock has a fifty day simple moving average of $114.75 and a 200 day simple moving average of $104.44. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16.

Newmont (NYSE:NEM - Get Free Report) last announced its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.07 by $0.83. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The business had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same period last year, the company earned $1.25 EPS. Newmont's revenue for the quarter was up 45.8% compared to the same quarter last year. Sell-side analysts expect that Newmont Corporation will post 8.92 EPS for the current year.

Newmont Announces Dividend

The business 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 dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, May 27th. Newmont's dividend payout ratio (DPR) is 16.28%.

Insider Buying and Selling

In related news, EVP Peter Toth sold 3,000 shares of the company's stock in a transaction that occurred 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 in the company, valued at $5,916,303.35. This represents a 5.42% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider David James Fry sold 18,394 shares of the 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 sale, the insider directly owned 17,147 shares of the company's stock, valued at $1,911,033.15. This represents a 51.75% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 24,394 shares of company stock worth $2,713,281. 0.06% of the stock is owned by insiders.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Q1 results materially beat expectations — adjusted EPS $2.90 vs. ~$2.07 est. and revenue $7.31B — and management says performance is on track for 2026 guidance; strong operational execution underpins upside. Newmont Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Record free cash flow of ~$3.1B in Q1 gives Newmont flexibility — management flagged enhanced capital allocation: a predictable quarterly dividend, ongoing buybacks and a new $6B repurchase authorization. That materially improves shareholder return prospects. Kitco: Newmont rides record gold prices to $3.1B in free cash flow
• Positive Sentiment: Quarterly dividend declared (USD $0.261 per share) and management reiterated predictable dividend policy as part of its capital allocation framework — supports income-oriented holders. Press Release: Q1 results and dividend
• Neutral Sentiment: Several analyst firms adjusted price targets and ratings post-results — BMO raised its target to $140 (Outperform) and Argus increased its target to $125 — indicating upside but with varied conviction. MarketScreener: BMO raises price target MarketScreener: Argus raises price target
• Neutral Sentiment: Management commentary (earnings call/transcript) emphasized operational consistency and capital returns — helpful for predictability but already priced in by some investors. Earnings call transcript
• Negative Sentiment: Regulatory risk in Ghana: Reuters reports Ghana has directed Newmont (and peers) to shift mining operations to local firms by year-end — this introduces execution and timeline uncertainty for key African assets. Seeking Alpha / Reuters: Ghana directs Newmont to shift ops
• Negative Sentiment: Some broker notes and market pieces (TD/TD Cowen coverage) flagged lower expectations or pessimistic near-term outlooks — these notes can cap upside and prompt profit-taking despite strong Q1 results. AmericanBankingNews: TD pessimistic forecast
• Negative Sentiment: Sector/market backdrop: gold and miners can be sensitive to macro/geopolitical moves and a firmer USD; intraday weakness in the gold complex and broader market risk likely weighed on the stock despite company-level positives. 247WallSt: Gold market context

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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