Stance Capital LLC Sells 21,933 Shares of Newmont Corporation $NEM

Key Points

• Stance Capital LLC cut its Newmont holding by 97.7%, selling 21,933 shares and leaving just 510 shares worth about $43,000.
• Insider David James Fry sold ~18,394 shares for roughly $2.05 million, reducing his stake by 51.75%, a move that could amplify negative sentiment.
• Newmont beat quarterly expectations and raised its quarterly dividend to $0.26, and analysts maintain a consensus Buy rating with a $134.15 target, although concerns persist around gold weakness and the company’s 2026 cost/volume outlook.

Stance Capital LLC decreased its position in Newmont Corporation (NYSE:NEM - Free Report) by 97.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 510 shares of the basic materials company's stock after selling 21,933 shares during the quarter. Stance Capital LLC's holdings in Newmont were worth $43,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of NEM. Norges Bank bought a new position in shares of Newmont during the second quarter worth about $919,170,000. Invesco Ltd. raised its position in Newmont by 45.0% in the 2nd quarter. Invesco Ltd. now owns 15,587,917 shares of the basic materials company's stock valued at $908,152,000 after buying an additional 4,839,447 shares during the last quarter. 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 acquiring an additional 711,940 shares in the last quarter. Boston Partners boosted its position in Newmont by 49.3% during the 3rd 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 last quarter. Finally, Victory Capital Management Inc. boosted its position in Newmont by 33.8% during the 3rd 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 last quarter. 68.85% of the stock is currently owned by institutional investors.

Insider Activity at Newmont

In other news, insider David James Fry sold 18,394 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $111.45, for a total value of $2,050,011.30. Following the transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.05% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of analysts have recently issued reports on the stock. Weiss Ratings reiterated a "buy (b-)" rating on shares of Newmont in a report on Monday, December 29th. DZ Bank upgraded shares of Newmont to a "strong-buy" rating in a report on Monday, January 19th. BNP Paribas Exane raised their target price on shares of Newmont from $123.00 to $128.00 and gave the company a "neutral" rating in a research report on Monday, March 2nd. BMO Capital Markets lowered their price target on shares of Newmont from $145.00 to $140.00 and set an "outperform" rating on the stock in a research note on Friday, February 20th. Finally, Royal Bank Of Canada boosted their price target 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. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of $134.15.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Wall Street support and price targets: Several analysts have maintained buy/outperform ratings and the median price target in recent updates sits above the current price, giving a cushion for upside if bullion stabilizes. QuiverQuant: Newmont falls 3.2%
• Positive Sentiment: Dividend reaffirmation: Management reaffirmed the quarterly dividend in recent disclosures, which supports the company’s income profile for investors focused on yield. Yahoo Finance: Newmont Is Down 5.8%
• Neutral Sentiment: Planned, routine 10b5‑1 sale: Newmont disclosed an officer’s scheduled sale under a 10b5‑1 plan (small block), which is typically pre‑arranged and not an immediate red flag. TipRanks: Executive schedules routine sale
• Neutral Sentiment: Market reporting of the drop: Coverage notes Newmont’s share decline versus the broader market, summarizing the same drivers below as context for traders. Zacks: Newmont suffers larger drop
• Negative Sentiment: Gold weakness and 2026 guidance: Analysts and market writeups point to a softer gold backdrop (dollar strength and Fed rate expectations) and investor focus on Newmont’s 2026 outlook — which flags lower production and higher AISC — making the stock more sensitive on down days for bullion. QuiverQuant: Gold cools and investors refocus
• Negative Sentiment: Insider open‑market sale: A senior insider (David James Fry) sold ~18,394 shares (~$2.05M) recently, cutting his stake materially — transactions of this size can amplify negative sentiment, especially alongside broader selling. SEC Form 4: Insider sale
• Negative Sentiment: Macro/inflation pressure: Coverage highlights that recent U.S. inflation prints and market reaction pressured gold and raised questions about the resilience of Newmont’s cash returns under a weaker gold price scenario. Yahoo Finance: Inflation-driven gold weakness

Newmont Price Performance

NYSE:NEM opened at $106.29 on Thursday. Newmont Corporation has a 12-month low of $42.93 and a 12-month high of $134.88. The firm has a market capitalization of $115.63 billion, a price-to-earnings ratio of 16.63, a P/E/G ratio of 0.86 and a beta of 0.39. The stock's 50 day moving average price is $118.86 and its two-hundred day moving average price is $99.25. 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 issued its earnings results on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, topping the consensus estimate of $1.81 by $0.71. Newmont had a return on equity of 23.28% and a net margin of 31.25%.The company had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. During the same period in the previous year, the company posted $1.40 EPS. The firm's revenue for the quarter was up 20.6% compared to the same quarter last year. On average, analysts anticipate that Newmont Corporation will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 1.0%. This is a positive change from Newmont's previous quarterly dividend of $0.25. The ex-dividend date of this dividend is Tuesday, March 3rd. Newmont's dividend payout ratio (DPR) is presently 16.28%.

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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