Robinson Value Management Ltd. Cuts Stock Position in Newmont Corporation $NEM

Robinson Value Management Ltd. reduced its stake in shares of Newmont Corporation (NYSE:NEM) by 31.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 47,627 shares of the basic materials company’s stock after selling 21,874 shares during the period. Newmont makes up approximately 2.9% of Robinson Value Management Ltd.’s holdings, making the stock its 5th biggest holding. Robinson Value Management Ltd.’s holdings in Newmont were worth $5,156,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of NEM. Cedar Mountain Advisors LLC bought a new stake in Newmont in the 1st quarter valued at $25,000. Pinnacle Bancorp Inc. acquired a new stake in shares of Newmont in the 1st quarter valued at about $25,000. GoalVest Advisory LLC acquired a new stake in shares of Newmont in the 4th quarter valued at about $25,000. Swiss RE Ltd. bought a new stake in shares of Newmont in the fourth quarter valued at about $26,000. Finally, Cornerstone Planning Group LLC lifted its holdings in shares of Newmont by 312.1% in the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after purchasing an additional 206 shares in the last quarter. Institutional investors own 68.85% of the company’s stock.

Insider Buying and Selling

In other news, EVP Peter Wexler sold 13,378 shares of Newmont stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $110.11, for a total value of $1,473,051.58. Following the transaction, the executive vice president owned 67,865 shares of the company’s stock, valued at $7,472,615.15. This trade represents a 16.47% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through 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, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $92.38, for a total value of $277,140.00. Following the transaction, the executive vice president directly owned 43,315 shares of the company’s stock, valued at $4,001,439.70. This 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. Insiders sold 28,556 shares of company stock worth $3,058,146 over the last ninety days. 0.06% of the stock is currently owned by corporate insiders.

Newmont Stock Up 0.5%

NYSE:NEM opened at $95.18 on Thursday. The business’s fifty day moving average price is $103.30 and its 200 day moving average price is $110.45. The firm has a market capitalization of $101.61 billion, a price-to-earnings ratio of 12.35, a PEG ratio of 1.08 and a beta of 0.46. The company has a current ratio of 2.44, a quick ratio of 2.17 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 1-year low of $56.73 and a 1-year high of $134.88.

Newmont (NYSE:NEM) last announced 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. The firm had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The business’s quarterly revenue was up 45.8% compared to the same quarter last year. During the same period last year, the company posted $1.25 EPS. On average, sell-side analysts forecast that Newmont Corporation will post 9.32 earnings per share for the current fiscal year.

Newmont Announces Dividend

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

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: TD Securities upgraded Newmont from hold to strong-buy, while TD Cowen also raised the stock to buy on attractive valuation after its pullback, reinforcing the view that shares may be oversold. Analyst upgrade coverage
• Positive Sentiment: Several research notes still point to meaningful upside, including price targets near or above the current share price, which suggests Wall Street sees value despite recent weakness. Yahoo Finance article on cheap blue chip stock view
• Positive Sentiment: Newmont’s long-term investment case remains supported by growth projects, strong cash flow, and share buybacks, which could help the stock if gold prices stabilize. Zacks article on Newmont stock slides
• Neutral Sentiment: One note highlighted Newmont as an important gold-sector bellwether, keeping the stock closely tied to broader moves in bullion and mining sentiment. Kalkine Media article
• Negative Sentiment: Recent articles emphasize that NEM has fallen about 16% over the past three months as gold prices weakened, weighing on near-term sentiment. Zacks article on recent stock decline
• Negative Sentiment: Another Zacks note warned that Newmont may face higher 2026 unit costs due to lower production, royalties, sustaining capital, and inventory changes, which could pressure margins. Zacks article on margins and costs

Analyst Ratings Changes

NEM has been the subject of a number of research reports. National Bank Financial decreased their price objective on Newmont from $140.00 to $125.00 and set a “sector perform” rating for the company in a report on Tuesday. Jefferies Financial Group reduced their price target on Newmont from $158.00 to $146.00 and set a “buy” rating for the company in a research report on Monday, July 6th. Bank of America decreased their price target on shares of Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a research note on Thursday, July 9th. BNP Paribas Exane lowered their price objective on shares of Newmont from $128.00 to $111.00 and set a “neutral” rating on the stock in a report on Thursday, June 18th. Finally, Canaccord Genuity Group boosted their price objective on shares of Newmont from $150.00 to $160.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Newmont has an average rating of “Buy” and an average target price of $136.26.

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.