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

Key Points

  • Newmont CEO Natascha Viljoen sold 3,882 shares at an average price of $123, generating approximately $477,486. The sale, conducted under a pre-arranged Rule 10b5-1 plan, reduced her holdings by 2.87% to 131,353 shares.
  • Newmont reported quarterly EPS of $2.10, exceeding analyst expectations of $2.05, although revenue of $6.12 billion fell short of the $6.35 billion consensus estimate. The company also declared a quarterly dividend of $0.26 per share.
  • Analysts maintain a “Moderate Buy” consensus rating with an average price target of $132.73, while recent targets and ratings have varied. Shares opened at $130.59, near the company’s 12-month high of $135.29.

Newmont Corporation (NYSE:NEM - Get Free Report) EVP Peter Toth sold 3,000 shares of the firm's stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total value of $369,000.00. Following the transaction, the executive vice president owned 37,315 shares in the company, valued at approximately $4,589,745. This trade represents a 7.44% decrease in their ownership of the stock. 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.

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

  • On Monday, August 3rd, Peter Toth sold 3,000 shares of Newmont stock. The stock was sold at an average price of $93.45, for a total value of $280,350.00.
  • On Wednesday, July 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $92.38, for a total value of $277,140.00.

Newmont Stock Up 4.3%




Shares of NEM stock opened at $130.59 on Friday. The stock's 50 day simple moving average is $106.54 and its 200 day simple moving average is $109.59. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.26 and a current ratio of 2.55. Newmont Corporation has a twelve month low of $73.44 and a twelve month high of $135.29. The company has a market capitalization of $137.60 billion, a price-to-earnings ratio of 16.49, a PEG ratio of 1.76 and a beta of 0.52.

Newmont (NYSE:NEM - Get Free Report) last announced its earnings results 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 firm had revenue of $6.12 billion during the quarter, compared to analysts' expectations of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same quarter in the prior year, the business earned $1.43 earnings per share. As a group, research analysts predict that Newmont Corporation will post 9.01 EPS for the current year.

Newmont Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, September 28th. Stockholders of record on Thursday, September 3rd will be paid a $0.26 dividend. This represents a $1.04 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date is Thursday, September 3rd. Newmont's payout ratio is presently 13.13%.

Hedge Funds Weigh In On Newmont

Institutional investors and hedge funds have recently bought and sold shares of the stock. Range Advisory LLC grew its position in Newmont by 46.9% in the 2nd quarter. Range Advisory LLC now owns 3,698 shares of the basic materials company's stock worth $345,000 after purchasing an additional 1,181 shares during the last quarter. Corient Private Wealth LP acquired a new position in shares of Newmont during the second quarter valued at about $3,155,000. Tucker Asset Management LLC acquired a new position in shares of Newmont during the second quarter valued at about $361,000. Amundi bought a new stake in shares of Newmont in the second quarter valued at about $209,411,000. Finally, HighTower Advisors LLC bought a new stake in shares of Newmont in the second quarter valued at about $17,316,000. Institutional investors own 68.85% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on NEM shares. Macquarie Infrastructure dropped their target price on shares of Newmont from $133.00 to $123.00 and set an "outperform" rating on the stock in a report on Monday, June 15th. Citigroup decreased their price target on shares of Newmont from $150.00 to $125.00 and set a "buy" rating for the company in a report on Monday, July 20th. Weiss Ratings downgraded Newmont from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Wednesday, June 17th. The Goldman Sachs Group dropped their price objective on Newmont from $122.50 to $111.40 and set a "buy" rating on the stock in a research note on Wednesday, July 1st. Finally, TD boosted their price objective on Newmont from $127.00 to $133.00 and gave the stock a "buy" rating in a research report on Wednesday, August 12th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the company's stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $132.73.

Check Out Our Latest Report on Newmont

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

  • Positive Sentiment: Newmont’s recent quarterly update continues to support investor sentiment: the company reported approximately 1.3 million attributable gold ounces, record quarterly free cash flow of $2.2 billion, maintained its 2026 production guidance and declared a $0.26-per-share dividend. Why Newmont Corporation Stock Is Up Today
  • Positive Sentiment: A recent valuation analysis characterized Newmont as financially resilient, citing a net margin of roughly 33%, strong cash generation, low leverage and a forward P/E near 14.5. The company’s $1.95 billion payment to Barrick to finalize the Nevada Gold Mines joint-venture settlement also strengthens its control of a major production base. Newmont Stock Analysis
  • Neutral Sentiment: Analysts’ recent price targets have a median of $140, suggesting potential upside from current levels, although targets range widely from $120 to $176 and remain sensitive to gold prices, interest rates and mining costs. Newmont Price Targets
  • Negative Sentiment: Newmont CEO Natascha Viljoen sold 3,882 shares worth approximately $477,000, while EVP Peter Toth sold 3,000 shares worth about $369,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their holdings but not necessarily signaling a change in business outlook. Newmont Insider Transactions
  • Negative Sentiment: Insider activity has been one-sided over the past six months, with reported sales and no purchases. High Treasury yields also remain a risk because they raise the opportunity cost of holding gold, while inflation and energy costs could pressure mining margins. Newmont Insider and Market Analysis

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.

Further Reading

Insider Buying and Selling by Quarter for Newmont (NYSE:NEM)

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