Peter Toth Sells 3,000 Shares of Newmont (NYSE:NEM) Stock

June 4, 2026 by InsiderTrades.com

Key Points

Newmont EVP Peter Toth sold 3,000 shares on June 1 at an average price of $105.32, totaling $315,960. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his direct holdings by about 6.08%.
Newmont reported strong quarterly results, with EPS of $2.90 beating estimates by $0.83 and revenue of $7.31 billion topping expectations. Revenue jumped 45.8% year over year, underscoring solid operating performance.
The company also declared a quarterly dividend of $0.26 per share, payable June 22, which annualizes to $1.04 per share and a 1.0% yield. Analysts remain broadly positive, with a consensus Moderate Buy rating and an average target price of $142.20.

Newmont Corporation (NYSE:NEM - Get Free Report) EVP Peter Toth sold 3,000 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $105.32, for a total transaction of $315,960.00. Following the completion of the sale, the executive vice president directly owned 46,315 shares of the company's stock, valued at $4,877,895.80. This trade represents a 6.08% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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Peter Toth also recently made the following trade(s):

On Friday, May 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $110.11, for a total transaction of $330,330.00.
On Wednesday, April 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $113.09, for a total value of $339,270.00.
On Wednesday, March 18th, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $108.00, for a total value of $324,000.00.

Newmont Stock Down 1.7%

Shares of Newmont stock opened at $107.62 on Thursday. The business has a 50-day moving average of $111.55 and a 200-day moving average of $109.47. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.44 and a quick ratio of 2.17. The company has a market capitalization of $114.89 billion, a PE ratio of 13.96, a P/E/G ratio of 1.82 and a beta of 0.42. Newmont Corporation has a 1-year low of $52.08 and a 1-year high of $134.88.

Why It's Not Time to Give Up on the Gold Trade

Newmont (NYSE:NEM - Get Free Report) last announced its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share for the quarter, beating the consensus estimate of $2.07 by $0.83. The company had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The company's revenue was up 45.8% on a year-over-year basis. During the same period last year, the firm earned $1.25 earnings per share. As a group, equities analysts forecast that Newmont Corporation will post 9.91 EPS for the current fiscal year.

Newmont Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be given a dividend of $0.26 per share. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 1.0%. Newmont's dividend payout ratio (DPR) is presently 13.49%.

Hedge Funds Weigh In On Newmont

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A number of hedge funds have recently added to or reduced their stakes in NEM. Apella Capital LLC boosted its holdings in shares of Newmont by 4.1% during the fourth quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company's stock valued at $219,000 after acquiring an additional 86 shares during the period. New Wave Wealth Advisors LLC boosted its holdings in shares of Newmont by 1.3% during the fourth quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company's stock valued at $684,000 after acquiring an additional 88 shares during the period. Novem Group boosted its holdings in shares of Newmont by 3.7% during the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company's stock valued at $248,000 after acquiring an additional 88 shares during the period. Norden Group LLC boosted its holdings in shares of Newmont by 0.7% during the fourth quarter. Norden Group LLC now owns 12,367 shares of the basic materials company's stock valued at $1,235,000 after acquiring an additional 90 shares during the period. Finally, Parkside Financial Bank & Trust boosted its holdings in shares of Newmont by 1.4% during the fourth quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company's stock valued at $714,000 after acquiring an additional 96 shares during the period. Institutional investors and hedge funds own 68.85% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. TD Cowen reissued a "buy" rating on shares of Newmont in a research report on Monday, April 27th. Royal Bank Of Canada decreased their price target on shares of Newmont from $160.00 to $140.00 and set an "outperform" rating for the company in a research report on Wednesday. BNP Paribas Exane raised their price target on shares of Newmont from $123.00 to $128.00 and gave the stock a "neutral" rating in a research report on Monday, March 2nd. National Bank Financial lifted their price target on Newmont from $130.00 to $140.00 and gave the stock a "sector perform" rating in a research note on Friday, April 24th. Finally, Weiss Ratings downgraded Newmont from a "buy (b)" rating to a "buy (b-)" rating in a research note on Wednesday, May 27th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $142.20.

Check Out Our Latest Stock Analysis on Newmont

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

Positive Sentiment: Seeking Alpha highlighted Newmont’s strong cash generation, saying its cash flow “explosion is just beginning,” supported by a new $6 billion buyback authorization, solid liquidity, and long-term gold price tailwinds. Newmont: Gold's Volatility Creates A Long-Term Opportunity
Positive Sentiment: Royal Bank of Canada kept an outperform rating on Newmont and still sees upside, even after lowering its price target to $140 from $160. RBC price target update
Neutral Sentiment: Newmont’s CEO Natascha Viljoen and EVP Peter Toth both sold shares, but the transactions were pre-planned under Rule 10b5-1 programs, which often makes them less concerning for investors.
Neutral Sentiment: Yahoo Finance articles noted that Newmont is trading near estimated fair value and that investors are reassessing whether there is still meaningful upside after the stock’s very strong 1-year surge. A Look At Newmont (NEM) Valuation As Shares Trade Near Estimated Fair Value
Neutral Sentiment: More recent market coverage says Newmont remains a trending stock, but this appears to reflect ongoing investor interest rather than a new fundamental catalyst. Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
Negative Sentiment: Some commentary warns that Newmont may have already priced in much of its recent upside, especially after a 96% one-year surge, which could limit near-term gains if gold or mining sentiment cools. Is It Too Late To Reassess Newmont (NEM) After Its 1 Year 96% Surge?

About Newmont

(Get 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.