Rep. Val T. Hoyle Sells Newmont Corporation (NYSE:NEM) Shares

Key Points

• Representative Val T. Hoyle sold shares of Newmont Corporation (NYSE:NEM) worth between $1,001 and $15,000 from her FIDELITY ROLLOVER IRA account on September 23rd.
• On July 24th, Newmont reported a strong earnings performance with $1.43 earnings per share, exceeding expectations and showcasing a 20.8% year-over-year revenue growth.
• Newmont recently announced a quarterly dividend of $0.25 per share, resulting in an annualized yield of 1.2% for investors.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Newmont Corporation NYSE: NEM. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Newmont stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Newmont Stock Performance

NEM opened at $85.07 on Friday. Newmont Corporation has a 52-week low of $36.86 and a 52-week high of $89.37. The firm has a market capitalization of $93.45 billion, a PE ratio of 15.27, a PEG ratio of 0.95 and a beta of 0.34. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.91 and a current ratio of 2.23. The business's 50-day simple moving average is $76.77 and its 200 day simple moving average is $62.44.

Newmont (NYSE:NEM - Get Free Report) last released its earnings results on Thursday, July 24th. The basic materials company reported $1.43 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.95 by $0.48. Newmont had a return on equity of 17.86% and a net margin of 30.50%.The business had revenue of $5.32 billion for the quarter, compared to analyst estimates of $4.70 billion. During the same quarter in the prior year, the company posted $0.72 earnings per share. Newmont's revenue was up 20.8% on a year-over-year basis. As a group, sell-side analysts expect that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Thursday, September 4th were issued a dividend of $0.25 per share. This represents a $1.00 annualized dividend and a yield of 1.2%. The ex-dividend date was Thursday, September 4th. Newmont's dividend payout ratio is presently 17.95%.

Wall Street Analyst Weigh In

NEM has been the topic of several analyst reports. Stifel Canada upgraded Newmont to a "strong-buy" rating in a report on Tuesday, July 8th. Raymond James Financial set a $96.00 price objective on Newmont in a research note on Friday. Stifel Nicolaus started coverage on Newmont in a research note on Wednesday, July 9th. They issued a "buy" rating and a $73.00 price objective on the stock. Zacks Research lowered Newmont from a "strong-buy" rating to a "hold" rating in a research note on Thursday, September 4th. Finally, BNP Paribas Exane upped their price objective on Newmont from $66.00 to $92.00 and gave the company an "outperform" rating in a research note on Monday, September 15th. Three analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Newmont currently has an average rating of "Moderate Buy" and an average price target of $81.10.

Institutional Investors Weigh In On Newmont

A number of large investors have recently added to or reduced their stakes in the stock. Summit Financial Wealth Advisors LLC grew its position in Newmont by 2.3% during the third quarter. Summit Financial Wealth Advisors LLC now owns 6,584 shares of the basic materials company's stock worth $566,000 after buying an additional 145 shares in the last quarter. Hemington Wealth Management grew its position in Newmont by 17.6% during the second quarter. Hemington Wealth Management now owns 1,135 shares of the basic materials company's stock worth $66,000 after buying an additional 170 shares in the last quarter. IVC Wealth Advisors LLC grew its position in Newmont by 1.3% during the second quarter. IVC Wealth Advisors LLC now owns 13,947 shares of the basic materials company's stock worth $813,000 after buying an additional 173 shares in the last quarter. L2 Asset Management LLC grew its position in Newmont by 3.6% during the second quarter. L2 Asset Management LLC now owns 4,987 shares of the basic materials company's stock worth $291,000 after buying an additional 174 shares in the last quarter. Finally, Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Newmont by 11.9% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 1,737 shares of the basic materials company's stock valued at $101,000 after purchasing an additional 185 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company's stock.

Insider Buying and Selling at Newmont

In other Newmont news, Director Bruce R. Brook sold 2,080 shares of the firm's stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $84.99, for a total value of $176,779.20. Following the sale, the director owned 36,869 shares of the company's stock, valued at approximately $3,133,496.31. This trade represents a 5.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction on Friday, August 1st. The shares were sold at an average price of $63.66, for a total value of $190,980.00. Following the completion of the sale, the executive vice president directly owned 58,736 shares in the company, valued at approximately $3,739,133.76. This represents a 4.86% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 16,249 shares of company stock valued at $1,132,065. 0.05% of the stock is currently owned by corporate insiders.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

Newmont Company Profile

Newmont Corporation engages in the production and exploration of gold. It also explores for copper, silver, zinc, and lead. The company has operations and/or assets in the United States, Canada, Mexico, Dominican Republic, Peru, Suriname, Argentina, Chile, Australia, Papua New Guinea, Ecuador, Fiji, and Ghana.

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