Transamerica Financial Advisors LLC Cuts Stock Position in Newmont Corporation $NEM

Transamerica Financial Advisors LLC cut its stake in shares of Newmont Corporation (NYSE:NEM) by 96.4% in the second quarter, HoldingsChannel.com reports. The fund owned 2,561 shares of the basic materials company’s stock after selling 68,301 shares during the period. Transamerica Financial Advisors LLC’s holdings in Newmont were worth $239,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. BlackRock Inc. acquired a new stake in Newmont in the 2nd quarter worth about $11,289,753,000. State Street Corp raised its holdings in shares of Newmont by 1.0% during the fourth quarter. State Street Corp now owns 49,959,850 shares of the basic materials company’s stock valued at $4,988,491,000 after acquiring an additional 480,223 shares during the last quarter. Van ECK Associates Corp lifted its position in shares of Newmont by 23.4% in the fourth quarter. Van ECK Associates Corp now owns 29,780,063 shares of the basic materials company’s stock valued at $2,973,539,000 after acquiring an additional 5,643,496 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Newmont by 3.6% in the fourth quarter. Geode Capital Management LLC now owns 27,011,084 shares of the basic materials company’s stock valued at $2,738,756,000 after acquiring an additional 946,824 shares in the last quarter. Finally, Norges Bank acquired a new stake in shares of Newmont in the fourth quarter worth approximately $1,443,128,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong liquidity, cash flows and debt reduction give it flexibility to fund expansion projects while continuing shareholder returns. This strengthens the company’s balance sheet and supports the longer-term investment case. Will Newmont’s Liquidity Strength Unlock Growth and Value?
• Positive Sentiment: Recent operating results highlighted 1.29 million ounces of gold production, $2.2 billion in adjusted net income, record quarterly free cash flow of $2.2 billion and $1.9 billion returned to shareholders. Management also reaffirmed its 2026 guidance, reinforcing confidence in execution. Newmont: Investors Punished Barrick For This Deal
• Positive Sentiment: Analysts and market commentary point to record free cash flow, a net-cash balance sheet, long-life Tier 1 assets and institutional buying as reasons investors have favored NEM. Its shares were reported to be up 57.8% since an October 2025 institutional-inflow signal. Newmont Shares Shine on Production, Record Free Cash Flow
• Neutral Sentiment: Comparisons with Barrick indicate that both gold miners benefit from higher bullion prices, but investors are weighing Newmont’s growth projects, costs, valuation and earnings outlook against its peer. Newmont vs. Barrick Mining: Which Gold Giant Is Shining Brighter?
• Negative Sentiment: After the strong rally, one analysis downgraded Newmont, arguing that the market may have already priced in much of the improvement. Other commentary warned that the rally could be premature, increasing the risk of profit-taking or valuation compression. Newmont: The Market Has Finally Caught Up
• Negative Sentiment: Newmont faces a potential 2026 production trough, with output guidance of approximately 5.3 million ounces and all-in sustaining costs potentially rising to $1,680 per ounce. Those pressures could limit upside if gold prices weaken. Newmont: The Risks Associated With A Premature Share Price Rally

Wall Street Analyst Weigh In

Several analysts recently commented on the company. TD boosted their price target on Newmont from $127.00 to $133.00 and gave the stock a “buy” rating in a research report on Wednesday, August 12th. Bank of America decreased their price objective on Newmont from $157.00 to $132.00 and set a “buy” rating on the stock in a report on Thursday, July 9th. Canaccord Genuity Group lowered their target price on shares of Newmont from $160.00 to $130.00 and set a “buy” rating on the stock in a research note on Thursday, July 23rd. Wall Street Zen lowered shares of Newmont from a “buy” rating to a “hold” rating in a report on Saturday, July 25th. Finally, Barclays reduced their target price on shares of Newmont from $125.00 to $124.00 and set an “overweight” rating for the company in a research report on Tuesday, July 28th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $132.73.

Newmont Price Performance

NYSE:NEM opened at $132.50 on Friday. Newmont Corporation has a one year low of $72.23 and a one year high of $135.29. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. The stock has a market cap of $139.61 billion, a PE ratio of 16.73, a P/E/G ratio of 1.36 and a beta of 0.47. The stock has a 50 day moving average price of $103.75 and a 200 day moving average price of $109.44.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 EPS for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The firm had revenue of $6.12 billion for the quarter, compared to the consensus estimate of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter last year, the business posted $1.43 earnings per share. Equities research analysts expect that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 3rd. Newmont’s payout ratio is currently 13.13%.

Insider Transactions at Newmont

In other news, CFO Brian Tabolt sold 11,445 shares of the business’s 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 transaction, 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 legal filing with the SEC, which can be accessed through this link. Also, CEO Natascha Viljoen sold 7,764 shares of the company’s stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $104.00, for a total transaction of $807,456.00. Following the completion of the sale, the chief executive officer directly owned 135,235 shares of the company’s stock, valued at $14,064,440. This represents a 5.43% decrease in their position. 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 32,091 shares of company stock worth $3,292,513 in the last quarter. Company insiders own 0.06% of the company’s stock.

Newmont Profile

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.