KBC Group NV Raises Stake in Newmont Corporation $NEM

Posted by Mitch Edgeman on Jul 22nd, 2026

KBC Group NV lifted its position in Newmont Corporation (NYSE:NEM – Free Report) by 8.0% in the first quarter, HoldingsChannel.com reports. The firm owned 254,032 shares of the basic materials company’s stock after purchasing an additional 18,761 shares during the quarter. KBC Group NV’s holdings in Newmont were worth $27,499,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Cedar Mountain Advisors LLC purchased a new stake in shares of Newmont during the first quarter worth about $25,000. Pinnacle Bancorp Inc. purchased a new position in Newmont in the 1st quarter worth approximately $25,000. Swiss RE Ltd. bought a new position in Newmont in the 4th quarter worth approximately $26,000. Cornerstone Planning Group LLC boosted its stake in 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 purchasing an additional 206 shares during the period. Finally, Lodestone Wealth Management LLC purchased a new stake in Newmont during the 4th quarter valued at approximately $28,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Newmont Trading Up 3.6%

Shares of NEM opened at $92.45 on Wednesday. The stock has a market capitalization of $98.70 billion, a PE ratio of 11.99, a P/E/G ratio of 1.04 and a beta of 0.46. The company’s fifty day moving average is $101.15 and its 200 day moving average is $110.14. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. Newmont Corporation has a fifty-two week low of $59.96 and a fifty-two week high of $134.88.

Newmont (NYSE:NEM – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, topping analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The business had revenue of $7.31 billion during the quarter, compared to analysts’ expectations of $6.83 billion. During the same period last year, the company posted $1.25 EPS. The business’s revenue was up 45.8% on a year-over-year basis. Sell-side analysts expect that Newmont Corporation will post 9.07 earnings per share for the current fiscal year.

Newmont Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th were paid a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend was Wednesday, May 27th. Newmont’s payout ratio is presently 13.49%.

Insider Buying and Selling

In other Newmont news, CEO Natascha Viljoen sold 3,882 shares of Newmont 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 transaction, the chief executive officer directly owned 142,999 shares of the company’s stock, valued at $15,060,654.68. The trade was a 2.64% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available 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 business’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $92.38, for a total transaction of $277,140.00. Following the transaction, the executive vice president owned 43,315 shares in the company, valued at $4,001,439.70. This trade represents a 6.48% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 28,556 shares of company stock valued at $3,058,146. 0.06% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Canaccord Genuity Group boosted their target price on shares of Newmont from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Macquarie Infrastructure cut their target price on shares of Newmont from $133.00 to $123.00 and set an “outperform” rating for the company in a research note on Monday, June 15th. Scotiabank reduced their price target on shares of Newmont from $151.00 to $147.00 and set a “sector outperform” rating on the stock in a report on Tuesday, July 14th. Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Finally, Citigroup restated a “positive” rating on shares of Newmont in a research report on Wednesday, July 15th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $136.26.

View Our Latest Analysis on Newmont

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Wall Street brokerage sentiment remains upbeat on Newmont, which can support the stock as investors look for analyst confidence ahead of earnings. Wall Street Bulls Look Optimistic About Newmont (NEM): Should You Buy?
Positive Sentiment: Strong gold prices remain a key tailwind for Newmont, helping offset some operational pressure and reinforcing the investment case for the gold producer. Here’s How to Play Newmont Stock Before Q2 Earnings Release
Neutral Sentiment: Several recent articles focus on how to trade or value Newmont ahead of earnings, reflecting heightened attention but not a clear new fundamental catalyst. Here’s How to Play Newmont Stock Before Q2 Earnings Release
Neutral Sentiment: Some market commentary says Newmont could be volatile around earnings due to U.S.-Iran tensions and the upcoming report, which may increase trading activity without clearly favoring direction. Newmont Stock Suddenly Offers a Double-Sided Debit Trade on U.S.-Iran Tensions and Upcoming Earnings
Negative Sentiment: Expectations for lower production, rising costs, and weaker margins in Q2 could pressure shares if Newmont’s earnings or guidance come in below hopes. Here’s How to Play Newmont Stock Before Q2 Earnings Release
Negative Sentiment: Scotiabank’s negative outlook for FY2027 earnings adds another cautionary note for investors focused on longer-term profitability. Scotiabank Has Negative Outlook for Newmont FY2027 Earnings

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.