Crossmark Global Holdings Inc. Acquires 12,597 Shares of Newmont Corporation $NEM

Crossmark Global Holdings Inc. boosted its holdings in Newmont Corporation (NYSE:NEM) by 15.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 92,639 shares of the basic materials company’s stock after purchasing an additional 12,597 shares during the period. Crossmark Global Holdings Inc.’s holdings in Newmont were worth $9,250,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in NEM. Assetmark Inc. lifted its stake in Newmont by 398.3% in the fourth quarter. Assetmark Inc. now owns 2,870,495 shares of the basic materials company’s stock worth $286,619,000 after purchasing an additional 2,294,396 shares during the last quarter. Boston Partners lifted its stake in Newmont by 49.3% in the third quarter. Boston Partners now owns 6,931,710 shares of the basic materials company’s stock worth $585,828,000 after purchasing an additional 2,288,653 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Newmont by 106.9% in the third quarter. Arrowstreet Capital Limited Partnership now owns 4,155,210 shares of the basic materials company’s stock worth $349,288,000 after purchasing an additional 2,146,905 shares during the last quarter. Ameriprise Financial Inc. lifted its stake in Newmont by 142.0% in the second quarter. Ameriprise Financial Inc. now owns 3,262,258 shares of the basic materials company’s stock worth $189,963,000 after purchasing an additional 1,914,286 shares during the last quarter. Finally, AQR Capital Management LLC lifted its stake in Newmont by 171.6% in the second quarter. AQR Capital Management LLC now owns 2,504,253 shares of the basic materials company’s stock worth $143,068,000 after purchasing an additional 1,582,324 shares during the last quarter. 68.85% of the stock is owned by institutional investors.

Insider Transactions at Newmont

In other news, insider David John Thornton sold 2,296 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $252,812.56. Following the transaction, the insider directly owned 23,163 shares of the company’s stock, valued at $2,550,477.93. This represents a 9.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 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 stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $330,330.00. Following the completion of the transaction, the executive vice president owned 49,315 shares in the company, valued at $5,430,074.65. The trade was a 5.73% decrease in their ownership of the stock. 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 43,068 shares of company stock valued at $4,769,475 over the last 90 days. 0.06% of the stock is owned by corporate insiders.

Newmont Price Performance

Shares of NEM opened at $116.45 on Friday. The stock has a market cap of $124.32 billion, a PE ratio of 15.10, a price-to-earnings-growth ratio of 1.62 and a beta of 0.43. 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 fifty-two week low of $48.27 and a fifty-two week high of $134.88. The firm’s 50-day simple moving average is $112.91 and its two-hundred day simple moving average is $105.96.

Newmont (NYSE:NEM) last issued its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, topping the consensus estimate 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 period in the previous year, the company earned $1.25 earnings per share. The business’s revenue for the quarter was up 45.8% compared to the same quarter last year. Analysts anticipate that Newmont Corporation will post 9.72 earnings per share for the current fiscal year.

Newmont Announces Dividend

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 issued a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a dividend yield of 0.9%. The ex-dividend date of this dividend is Wednesday, May 27th. Newmont’s dividend payout ratio is presently 13.49%.

Analyst Upgrades and Downgrades

Several equities analysts have recently commented on the stock. TD Cowen reaffirmed a “buy” rating on shares of Newmont in a research note on Monday, April 27th. Argus upped their price objective on shares of Newmont from $94.00 to $125.00 and gave the company a “buy” rating in a research note on Thursday, April 23rd. DZ Bank raised shares of Newmont to a “strong-buy” rating in a research note on Monday, January 19th. TD upped their price objective on shares of Newmont from $116.00 to $129.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Finally, Royal Bank Of Canada upped their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $142.51.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s Q1 2026 results highlighted record free cash flow, stronger commodity prices, and an expanded $6 billion buyback, all of which reinforce the company’s ability to generate cash and reward shareholders. Assessing Newmont (NEM) Valuation After Record Free Cash Flow And Expanded US$6b Buyback
• Positive Sentiment: Zacks Research raised multiple future earnings estimates for Newmont, including FY2026, FY2027, and FY2028, signaling improved profit expectations over the coming years. MarketBeat Newmont Research Report
• Neutral Sentiment: Newmont is also being watched as a trending stock on Zacks, reflecting elevated investor interest rather than a clear new fundamental development. Newmont Corporation (NEM) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: Despite the upgraded estimates, Zacks Research kept a Hold rating on Newmont, suggesting analysts see upside in earnings but are not yet ready to turn more bullish on the shares. MarketBeat Newmont Research Report

Newmont Company 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.