Newmont Corporation $NEM Shares Sold by Capital Research Global Investors

08 Jun 2026, 08:01 by Sarita Garza · The Markets Daily

Capital Research Global Investors reduced its stake in Newmont Corporation (NYSE:NEM – Free Report) by 12.9% in the fourth quarter, HoldingsChannel reports. The fund owned 3,613,450 shares of the basic materials company’s stock after selling 534,397 shares during the quarter. Capital Research Global Investors’ holdings in Newmont were worth $360,803,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in NEM. GoalVest Advisory LLC acquired a new stake in shares of Newmont in the 4th quarter worth approximately $25,000. Cornerstone Planning Group LLC lifted its stake in shares of Newmont by 312.1% in the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after acquiring an additional 206 shares during the period. JPL Wealth Management LLC acquired a new stake in shares of Newmont in the 3rd quarter worth approximately $27,000. Lodestone Wealth Management LLC acquired a new stake in shares of Newmont in the 4th quarter worth approximately $28,000. Finally, Laurel Wealth Advisors LLC acquired a new stake in shares of Newmont in the 4th quarter worth approximately $30,000. 68.85% of the stock is owned by institutional investors and hedge funds.

Newmont Stock Performance

Shares of NEM opened at $99.77 on Monday. The company’s fifty day moving average is $111.70 and its 200-day moving average is $109.71. Newmont Corporation has a 12 month low of $52.08 and a 12 month high of $134.88. The firm has a market cap of $106.51 billion, a price-to-earnings ratio of 12.94, a price-to-earnings-growth ratio of 1.65 and a beta of 0.42. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15.

Newmont (NYSE:NEM – Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, topping the consensus estimate of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The company had revenue of $7.31 billion for the quarter, compared to analyst estimates of $6.83 billion. During the same quarter in the prior year, the business posted $1.25 EPS. Newmont’s quarterly revenue was up 45.8% on a year-over-year basis. Equities analysts expect that Newmont Corporation will post 9.91 EPS for the current fiscal year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be paid a dividend of $0.26 per share. The ex-dividend date is Wednesday, May 27th. This represents a $1.04 annualized dividend and a dividend yield of 1.0%. Newmont’s dividend payout ratio is 13.49%.

Insider Activity at Newmont

In related news, CEO Natascha Viljoen sold 3,882 shares of the company’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $105.32, for a total transaction of $408,852.24. Following the completion of the sale, the chief executive officer directly owned 142,999 shares of the company’s stock, valued at approximately $15,060,654.68. This represents a 2.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of the company’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $105.32, for a total transaction of $315,960.00. Following the sale, the executive vice president directly owned 46,315 shares of the company’s stock, valued at approximately $4,877,895.80. This represents a 6.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 49,950 shares of company stock worth $5,494,288 over the last quarter. 0.06% of the stock is currently owned by corporate insiders.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Analysts and commentators continue to highlight Newmont’s strong fundamentals, including robust free cash flow, higher gold prices, a large buyback program, and improving operational efficiency as the company divests lower-yield assets. Newmont Corporation: Consider Hedging Against Global Economic Uncertainty With This Stock
Positive Sentiment: RBC Capital kept an outperform view on Newmont even after trimming its price target, suggesting Wall Street still sees upside from current levels. Newmont (NEM) Is Among Gold Equities Trading At A Premium Valuation Relative To Peers, Says RBC Capital

Analysts Set New Price Targets

Several analysts recently commented on NEM shares. Citigroup increased their target price on shares of Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, March 3rd. Sanford C. Bernstein raised shares of Newmont from a “market perform” rating to an “outperform” rating and increased their target price for the company from $121.00 to $157.00 in a research note on Friday, February 27th. BNP Paribas Exane increased their target price on shares of Newmont from $123.00 to $128.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Stifel Nicolaus increased their target price on shares of Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. Finally, Argus increased their target price on shares of Newmont from $94.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $142.07.

Get Our Latest Stock Analysis on NEM

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.

Founded in 1921 and headquartered in Greenwood Village, Colorado, Newmont has grown through organic development and strategic acquisitions.

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