United Capital Management of KS Inc. Raises Holdings in Newmont Corporation $NEM

06 Mar 2026, 09:24 by Scott Moore · The Cerbat Gem

United Capital Management of KS Inc. boosted its stake in Newmont Corporation (NYSE:NEM – Free Report) by 5.0% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 118,068 shares of the basic materials company’s stock after buying an additional 5,639 shares during the quarter. Newmont makes up about 1.4% of United Capital Management of KS Inc.’s holdings, making the stock its 24th biggest position. United Capital Management of KS Inc.’s holdings in Newmont were worth $9,954,000 as of its most recent filing with the SEC.

Several other hedge funds also recently bought and sold shares of the stock. Physician Wealth Advisors Inc. boosted its stake in shares of Newmont by 327.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares during the last quarter. Capital A Wealth Management LLC raised its position in shares of Newmont by 1,648.3% in the second quarter. Capital A Wealth Management LLC now owns 507 shares of the basic materials company’s stock valued at $30,000 after buying an additional 478 shares during the last quarter. Caldwell Trust Co purchased a new position in shares of Newmont during the second quarter valued at approximately $31,000. Country Trust Bank acquired a new stake in Newmont during the second quarter worth approximately $32,000. Finally, CoreFirst Bank & Trust purchased a new stake in Newmont in the 2nd quarter worth approximately $32,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the company. National Bank Financial raised their price objective on Newmont from $120.00 to $140.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. TD Securities dropped their price objective on shares of Newmont from $120.00 to $118.00 and set a “hold” rating for the company in a research note on Tuesday. DZ Bank raised shares of Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Royal Bank Of Canada boosted their target price on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a report on Tuesday, February 3rd. Finally, TD Cowen upped their price target on shares of Newmont from $89.00 to $120.00 and gave the stock a “hold” rating in a research report on Thursday, January 22nd. Two analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $133.68.

Read Our Latest Stock Report on NEM

Newmont Stock Down 2.7%

Shares of NYSE:NEM opened at $116.14 on Friday. Newmont Corporation has a 1 year low of $42.03 and a 1 year high of $134.88. The stock has a 50-day simple moving average of $117.04 and a 200-day simple moving average of $96.41. The company has a debt-to-equity ratio of 0.16, a quick ratio of 2.02 and a current ratio of 2.29. The stock has a market capitalization of $126.35 billion, a P/E ratio of 18.18, a PEG ratio of 0.96 and a beta of 0.39.

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, beating analysts’ consensus estimates of $1.81 by $0.71. The business 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 for the quarter was up 20.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.40 EPS. Equities analysts forecast 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 paid a dividend of $0.26 per share. This is a boost from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Tuesday, March 3rd. Newmont’s payout ratio is presently 16.28%.

Trending Headlines about Newmont

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Citigroup raised its price target for NEM to $150, providing a bullish valuation anchor that could support the stock on any renewed investor optimism. Article Title
Positive Sentiment: Zacks Research increased its Q3 and Q4 2026 EPS estimates for Newmont (Q3 to $1.73, Q4 to $1.84), signaling expectations for stronger near-term profitability that supports longer-term earnings guidance (Zacks still rates the stock a “Hold”).
Positive Sentiment: Zacks added NEM to its Rank #1 (Strong Buy) list on March 6, which may attract some momentum or model-driven buyers. Article Title
Positive Sentiment: Macro support for gold: reports of geopolitical tensions helped push gold sharply higher, which typically benefits major gold producers like Newmont. Article Title
Neutral Sentiment: Zacks’ EPS upgrades are paired with a “Hold” rating and the market consensus full‑year EPS of $3.45 — supportive but not an unequivocal buy signal for momentum traders.
Neutral Sentiment: Industry comparison pieces are highlighting Newmont’s performance vs. other miners; these provide context but are unlikely to move the stock without fresh company-specific catalysts. Article Title
Negative Sentiment: TD Securities lowered expectations for Newmont, creating nearer-term headwinds and contributing to investor caution. Article Title
Negative Sentiment: Recent analyst downgrade(s) triggered sharp intraday selling (reports show the stock traded down following the downgrade), amplifying volatility despite supportive fundamentals. Article Title
Negative Sentiment: Market write-ups explaining the share dip have likely reinforced short‑term selling pressure as momentum and positioning adjust. Article Title

Newmont Company Profile

(Free Report)

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.