Robeco Institutional Asset Management B.V. Purchases 692,560 Shares of Newmont Corporation $NEM

Key Points

• Robeco Institutional Asset Management increased its Newmont stake by 16.1%, buying 692,560 shares to hold 4,996,775 shares (about 0.46% of Newmont) valued at roughly $498.9 million, making NEM its 17th-largest holding.
• Analyst sentiment is largely positive — Jefferies raised its target to $165 and several firms (Citigroup, RBC, Canaccord) lifted targets, leaving a MarketBeat consensus of "Moderate Buy" with an average price target of $133.91.
• Newmont beat quarterly expectations (EPS $2.52 vs. $1.81 est., revenue $6.82B vs. $6.18B), raised its quarterly dividend to $0.26 (annualized $1.04, ~0.9% yield), and carries a market cap of about $130.5 billion with a P/E near 18.9.

Robeco Institutional Asset Management B.V. grew its position in Newmont Corporation (NYSE:NEM - Free Report) by 16.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 4,996,775 shares of the basic materials company's stock after purchasing an additional 692,560 shares during the quarter. Newmont makes up approximately 0.7% of Robeco Institutional Asset Management B.V.'s portfolio, making the stock its 17th largest holding. Robeco Institutional Asset Management B.V. owned 0.46% of Newmont worth $498,928,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Legal & General Group Plc raised its position in shares of Newmont by 9.6% in the third 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 period. Boston Partners increased its position in 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 acquiring an additional 2,288,653 shares during the period. Victory Capital Management Inc. increased its position in 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 acquiring an additional 1,244,845 shares during the period. Nordea Investment Management AB increased its position in Newmont by 10.3% during the fourth quarter. Nordea Investment Management AB now owns 4,784,777 shares of the basic materials company's stock worth $482,162,000 after acquiring an additional 447,904 shares during the period. Finally, National Pension Service increased its position in Newmont by 2.7% during the third quarter. National Pension Service now owns 4,354,264 shares of the basic materials company's stock worth $367,108,000 after acquiring an additional 114,949 shares during the period. Institutional investors own 68.85% of the company's stock.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Jefferies raised its price target on NEM to $165 and maintained a Buy rating — a sizable upside view that supports further upside interest from investors. Jefferies Adjusts Price Target on Newmont to $165
• Positive Sentiment: Goldman Sachs nudged its price target higher and kept a Buy rating, providing incremental analyst support for the stock. Goldman Sachs Adjusts Price Target on Newmont
• Positive Sentiment: Macro/sector writeups point to higher gold prices (sovereign de‑dollarization, inflation) creating a structural floor for majors like Newmont — a tailwind for sentiment and multiples. Golden Ceasefires: Forget Fear, It's About the Global Reset
• Positive Sentiment: Barron's highlights that miners could rally if geopolitical copper fears fade and commodities recover — it cites potential upside for gold miners including Newmont in a recovery scenario. Copper Is a ‘Peace' Commodity. Own These Miners in a Market Recovery.
• Positive Sentiment: Several momentum/stock‑pick pieces (MSN, Zacks) profile NEM as a long‑term momentum/value candidate, which can attract retail and quant flows. Why Newmont Corporation (NEM) is a top momentum stock for the long term Zacks: Why Newmont Is a Top Momentum Stock
• Negative Sentiment: Covering the other side, Yahoo Finance/Zacks report falling gold production and rising costs in 2026 from mine transitions and lower volumes — this could weigh on FY26 margins and cap investor enthusiasm if realized. Will Falling Gold Production Weigh on Newmont's FY26 Performance? Zacks: Will Falling Gold Production Weigh on Newmont's FY26 Performance?

Newmont Stock Up 1.5%

NEM opened at $120.84 on Friday. Newmont Corporation has a fifty-two week low of $48.27 and a fifty-two week high of $134.88. The company has a debt-to-equity ratio of 0.16, a current ratio of 2.29 and a quick ratio of 2.02. The firm's fifty day moving average price is $115.34 and its two-hundred day moving average price is $102.76. The company has a market capitalization of $130.50 billion, a P/E ratio of 18.91, a P/E/G ratio of 0.92 and a beta of 0.46.

Newmont (NYSE:NEM - Get Free Report) last posted its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, topping analysts' consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business's revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.40 earnings per share. On average, analysts anticipate that Newmont Corporation will post 3.45 EPS for the current year.

Newmont Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd were paid a dividend of $0.26 per share. This is a positive change from Newmont's previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date was Tuesday, March 3rd. Newmont's dividend payout ratio is 16.28%.

Insider Transactions at Newmont

In other Newmont news, insider David James Fry sold 18,394 shares of the firm's stock in a transaction dated 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 in the company, valued at $1,911,033.15. This trade represents a 51.75% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total transaction of $339,270.00. Following the transaction, the executive vice president owned 52,315 shares of the company's stock, valued at approximately $5,916,303.35. This represents a 5.42% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 24,394 shares of company stock valued at $2,713,281. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on NEM shares. Jefferies Financial Group boosted their target price on shares of Newmont from $162.00 to $165.00 and gave the stock a "buy" rating in a research report on Friday. Citigroup boosted their target price on shares of Newmont from $118.00 to $150.00 and gave the stock a "buy" rating in a research report on Tuesday, March 3rd. Royal Bank Of Canada boosted their target price on shares of Newmont from $120.00 to $125.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 3rd. Canaccord Genuity Group boosted their target price on shares of Newmont from $115.00 to $140.00 and gave the stock a "buy" rating in a research report on Friday, January 23rd. Finally, Wall Street Zen lowered shares of Newmont from a "buy" rating to a "hold" rating in a research report on Saturday, April 4th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, Newmont has a consensus rating of "Moderate Buy" and an average price target of $133.91.

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.

Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.