Cetera Investment Advisers Purchases 39,663 Shares of Newmont Corporation $NEM

Cetera Investment Advisers lifted its position in shares of Newmont Corporation (NYSE:NEM) by 14.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 314,447 shares of the basic materials company’s stock after purchasing an additional 39,663 shares during the period. Cetera Investment Advisers’ holdings in Newmont were worth $34,039,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Cedar Mountain Advisors LLC purchased a new stake in Newmont in the 1st quarter worth approximately $25,000. Pinnacle Bancorp Inc. bought a new stake in shares of Newmont in the 1st quarter worth approximately $25,000. Swiss RE Ltd. purchased a new position in shares of Newmont during the fourth quarter valued at approximately $26,000. Cornerstone Planning Group LLC increased its stake in shares of Newmont by 312.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after buying an additional 206 shares during the period. Finally, Lodestone Wealth Management LLC bought a new position in shares of Newmont during the fourth quarter valued at approximately $28,000. 68.85% of the stock is owned by institutional investors.

Newmont Trading Down 1.7%

NYSE NEM opened at $93.16 on Friday. The firm has a market capitalization of $99.45 billion, a PE ratio of 11.76, a P/E/G ratio of 1.11 and a beta of 0.46. The stock’s 50 day moving average is $99.93 and its 200 day moving average is $109.95. Newmont Corporation has a twelve month low of $61.76 and a twelve month high of $134.88. 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) last posted its quarterly earnings data on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.05 by $0.05. The business had revenue of $6.12 billion during the quarter, compared to the consensus estimate of $6.35 billion. Newmont had a return on equity of 29.36% and a net margin of 33.36%.During the same quarter in the prior year, the company earned $1.43 earnings per share. Research analysts forecast that Newmont Corporation will post 8.9 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, September 28th. Investors of record on Thursday, September 3rd will be paid a $0.26 dividend. This represents a $1.04 annualized dividend and a dividend yield of 1.1%. The ex-dividend date is Thursday, September 3rd. Newmont’s dividend payout ratio (DPR) is presently 13.49%.

Wall Street Analyst Weigh In

NEM has been the subject of a number of research analyst reports. Jefferies Financial Group dropped their price target on Newmont from $158.00 to $146.00 and set a “buy” rating for the company in a research note on Monday, July 6th. Royal Bank Of Canada reduced their price objective on shares of Newmont from $140.00 to $135.00 and set an “outperform” rating on the stock in a research report on Thursday, July 9th. National Bank Financial decreased their price objective on shares of Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a report on Tuesday, July 14th. TD Cowen reaffirmed a “buy” rating on shares of Newmont in a research report on Monday, April 27th. Finally, Scotiabank cut their target price on shares of Newmont from $151.00 to $147.00 and set a “sector outperform” rating on the stock in a research note on Tuesday, July 14th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $136.26.

Key Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont beat Q2 adjusted earnings estimates, reporting $2.10 per share versus $2.05 expected, and delivered record second-quarter free cash flow of about $2.2 billion. Article Title
• Positive Sentiment: Management reaffirmed 2026 guidance and emphasized strong production, cash generation, and capital returns, which supports confidence in the company’s operating outlook. Article Title
• Positive Sentiment: Newmont declared a quarterly dividend of $0.26 per share, reinforcing its appeal as a cash-return story for income-focused investors.
• Positive Sentiment: Several analysts and market commentaries pointed to a stronger balance sheet, robust free cash flow, and aggressive buybacks as reasons to remain constructive on the shares. Article Title
• Neutral Sentiment: Revenue came in below Wall Street estimates at $6.12 billion versus $6.36 billion expected, reflecting lower volumes even as realized gold prices helped earnings.
• Neutral Sentiment: Newmont also outlined a Lihir nearshore barrier project that could unlock more than 5 million ounces starting in 2028, a longer-term growth catalyst rather than an immediate driver. Article Title
• Negative Sentiment: Some commentary flagged lower gold prices and a bearish technical setup as headwinds that may be limiting near-term upside despite the earnings beat. Article Title

Insider Buying and Selling at Newmont

In related news, insider David John Thornton sold 2,296 shares of Newmont stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $252,812.56. Following the completion of the transaction, the insider directly owned 23,163 shares of the company’s stock, valued at $2,550,477.93. This trade represents a 9.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Natascha Viljoen sold 3,882 shares of the business’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $105.32, for a total transaction of $408,852.24. Following the sale, the chief executive officer directly owned 142,999 shares in the company, valued at $15,060,654.68. The trade was a 2.64% 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. Insiders have sold 28,556 shares of company stock valued at $3,058,146 in the last quarter. 0.06% of the stock is owned by insiders.

About Newmont

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.