M&T Bank Corp Decreases Stock Holdings in Newmont Corporation $NEM

M&T Bank Corp decreased its position in shares of Newmont Corporation (NYSE:NEM) by 84.8% in the fourth quarter, HoldingsChannel reports. The fund owned 8,841 shares of the basic materials company’s stock after selling 49,168 shares during the quarter. M&T Bank Corp’s holdings in Newmont were worth $883,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of NEM. Brighton Jones LLC boosted its holdings in Newmont by 15.7% in the fourth quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock worth $506,000 after acquiring an additional 1,847 shares in the last quarter. Woodline Partners LP boosted its stake in Newmont by 40.7% in the 1st quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock worth $4,644,000 after purchasing an additional 27,813 shares in the last quarter. Sivia Capital Partners LLC acquired a new stake in Newmont in the 2nd quarter worth approximately $240,000. Cerity Partners LLC increased its stake in Newmont by 108.9% during the 2nd quarter. Cerity Partners LLC now owns 125,355 shares of the basic materials company’s stock valued at $7,303,000 after purchasing an additional 65,342 shares in the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Newmont by 8.5% in the second quarter. NewEdge Advisors LLC now owns 48,982 shares of the basic materials company’s stock worth $2,854,000 after buying an additional 3,856 shares during the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Strong Q1 operational and financial results — Newmont reported ~1.3M attributable gold ounces, a record ~$3.1B in quarterly free cash flow, plus revenue and EPS that beat estimates, underlining cash-generation strength that supports buybacks/dividends. This is Why Newmont Corporation (NEM) is Goldman Sachs Top Gold Stock Pick
• Positive Sentiment: Goldman Sachs named Newmont a top gold pick, increasing investor confidence in the company’s outlook and strategy. This is Why Newmont Corporation (NEM) is Goldman Sachs Top Gold Stock Pick
• Positive Sentiment: Analyst upgrades/price-target raises — Canaccord Genuity raised its target to $160 (maintained Buy), and TD Securities lifted its target to $129, signaling upside from current levels and reinforcing buy-side momentum. Canaccord Genuity adjusts price target on Newmont to $160
• Positive Sentiment: Large institutional interest — Vanguard disclosed a ~7.7% stake, which can be interpreted as a vote of confidence from a major passive/active manager and may increase investor demand. Vanguard Discloses 7.7% Stake in Newmont Corporation
• Neutral Sentiment: Published 2025 Sustainability and Taxes & Royalties reports — enhances ESG transparency and could support long-term investor interest, but is less likely to move near-term price than earnings/cash flow news. Newmont Publishes 2025 Sustainability and Taxes & Royalties Reports
• Neutral Sentiment: Valuation discussion — Commentary asks whether shares are expensive after a strong one?year rally; useful for longer-term positioning but hasn’t outweighed positive fundamental/flow drivers this session. Is It Too Late To Consider Newmont (NEM) After Its 107% One Year Rally?
• Neutral Sentiment: Press coverage noting analyst bullishness across materials names — reinforces the positive narrative but is aggregate commentary rather than company-specific news. Analysts Are Bullish on Top Materials Stocks

Insider Activity at Newmont

In related news, insider David James Fry sold 18,394 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $111.45, for a total value of $2,050,011.30. Following the completion of the transaction, the insider directly owned 17,147 shares of the company’s stock, valued at approximately $1,911,033.15. This represents a 51.75% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $113.09, for a total transaction of $339,270.00. Following the completion of the transaction, the executive vice president directly owned 52,315 shares in the company, valued at approximately $5,916,303.35. This represents a 5.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 24,394 shares of company stock valued at $2,713,281 over the last quarter. 0.06% of the stock is owned by company insiders.

Newmont Price Performance

Newmont stock opened at $111.22 on Friday. The stock has a market capitalization of $118.74 billion, a P/E ratio of 14.43, a P/E/G ratio of 1.98 and a beta of 0.46. The company’s fifty day moving average price is $113.57 and its 200 day moving average price is $105.35. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44. Newmont Corporation has a 1 year low of $48.27 and a 1 year high of $134.88.

Newmont (NYSE:NEM) last released its earnings results 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. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The business had revenue of $7.31 billion during the quarter, compared to analysts’ expectations of $6.83 billion. During the same quarter in the previous year, the company earned $1.25 earnings per share. The company’s quarterly revenue was up 45.8% on a year-over-year basis. As a group, equities research analysts anticipate that Newmont Corporation will post 9.37 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, June 22nd. Stockholders of record on Wednesday, May 27th will be paid a $0.26 dividend. 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 0.9%. Newmont’s payout ratio is currently 13.49%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on NEM shares. National Bank Financial upped their target price on Newmont from $130.00 to $140.00 and gave the company a “sector perform” rating in a research report on Friday, April 24th. Canadian Imperial Bank of Commerce dropped their price target on Newmont from $177.00 to $176.00 and set an “outperform” rating on the stock in a research note on Tuesday, April 21st. Wall Street Zen raised Newmont from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. DZ Bank upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 19th. Finally, Macquarie Infrastructure raised their price target on shares of Newmont from $130.00 to $133.00 and gave the stock an “outperform” rating in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $142.51.

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.