XML Financial LLC Invests $468,000 in Newmont Corporation $NEM

Key Points

• XML Financial LLC acquired 22,370 Newmont shares during the second quarter, valued at approximately $468,000. Institutional investors collectively own 68.85% of the company.
• Analysts maintain a generally positive outlook, with Newmont receiving a “Moderate Buy” consensus rating and an average price target of $132.73, despite several recent target-price reductions.
• Newmont reported quarterly EPS of $2.10, exceeding estimates, and declared a quarterly dividend of $0.26 per share. The stock opened at $130.59, near its 52-week high of $135.29, while company insiders have recently reported stock sales.

XML Financial LLC acquired a new stake in shares of Newmont Corporation (NYSE:NEM - Free Report) in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 22,370 shares of the basic materials company's stock, valued at approximately $468,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Beacon Financial Advisory LLC bought a new position in Newmont in the 2nd quarter valued at $47,000. Laidlaw Wealth Management LLC purchased a new stake in shares of Newmont in the second quarter worth $50,000. Symphony Financial Ltd. Co. bought a new stake in Newmont during the second quarter valued at $64,000. Secure Asset Management LLC bought a new stake in Newmont during the second quarter valued at $444,000. Finally, Nan Shan Life Insurance Co. Ltd. purchased a new position in Newmont during the second quarter worth about $9,090,000. Institutional investors own 68.85% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on the company. Macquarie Infrastructure decreased their target price on Newmont from $133.00 to $123.00 and set an "outperform" rating on the stock in a research note on Monday, June 15th. Canaccord Genuity Group cut their price objective on Newmont from $160.00 to $130.00 and set a "buy" rating for the company in a report on Thursday, July 23rd. Canadian Imperial Bank of Commerce set a $170.00 target price on shares of Newmont in a research note on Friday, August 14th. BMO Capital Markets dropped their target price on shares of Newmont from $145.00 to $135.00 and set an "outperform" rating for the company in a research report on Tuesday, June 23rd. Finally, TD Securities raised shares of Newmont from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $132.73.

Newmont Stock Performance

NYSE:NEM opened at $130.59 on Friday. The company has a market capitalization of $137.60 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.76 and a beta of 0.52. The business has a 50 day moving average of $106.54 and a 200 day moving average of $109.59. 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 Corporation has a 1-year low of $73.44 and a 1-year high of $135.29.

Newmont (NYSE:NEM - Get Free Report) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) 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 business had revenue of $6.12 billion during the quarter, compared to analyst estimates of $6.35 billion. During the same period in the prior year, the business posted $1.43 earnings per share. On average, sell-side analysts predict that Newmont Corporation will post 9.01 earnings per share for the current fiscal year.

Newmont Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be paid a $0.26 dividend. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. Newmont's dividend payout ratio (DPR) is presently 13.13%.

Insider Buying and Selling

In other news, CFO Brian Tabolt sold 11,445 shares of Newmont stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the sale, the chief financial officer owned 29,324 shares of the company's stock, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Natascha Viljoen sold 3,882 shares of Newmont stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total value of $477,486.00. Following the sale, the chief executive officer directly owned 131,353 shares in the company, valued at approximately $16,156,419. The trade was a 2.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 32,091 shares of company stock valued at $3,414,187 over the last quarter. 0.06% of the stock is owned by company insiders.

Newmont News Roundup

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

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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