Newmont Corporation $NEM Shares Purchased by Proficio Capital Partners LLC

Proficio Capital Partners LLC increased its stake in shares of Newmont Corporation (NYSE:NEM) by 55.9% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 12,719 shares of the basic materials company’s stock after acquiring an additional 4,558 shares during the quarter. Proficio Capital Partners LLC’s holdings in Newmont were worth $1,188,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Pinnacle Bancorp Inc. purchased a new position in shares of Newmont during the 1st quarter worth $25,000. Cedar Mountain Advisors LLC acquired a new stake in Newmont during the first quarter worth about $25,000. Clearstead Trust LLC purchased a new position in Newmont during the second quarter worth about $25,000. Kilter Group LLC acquired a new position in Newmont in the 2nd quarter valued at about $26,000. Finally, Swiss RE Ltd. acquired a new position in Newmont in the 4th quarter valued at about $26,000. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Record free cash flow and strong earnings support the stock. Newmont’s second-quarter 2026 results included 1.29 million ounces of gold production, $2.2 billion in adjusted net income, or $2.10 per share, and record free cash flow of $2.2 billion. The company returned $1.9 billion to shareholders and reaffirmed its 2026 guidance. Newmont Shares Shine on Production, Record Free Cash Flow
• Positive Sentiment: Elevated gold prices are boosting the outlook for gold miners. Gold’s rebound, supported by lower bond yields, a weaker dollar and Treasury-related buying, is increasing the potential value of Newmont’s production. The company’s Tier-1 assets, long mine lives and net-cash balance sheet further strengthen its investment case. Newmont Faces Gold Above $4,500
• Positive Sentiment: Valuation and sector comparisons remain favorable. One analysis characterizes Newmont as a moderate Buy, citing a forward P/E of about 9.6 times, shareholder returns and stronger cash flow. Newmont and Barrick Mining are both benefiting from higher bullion prices, although their growth and cost profiles differ. Newmont: Investors Punished Barrick For This Deal
• Neutral Sentiment: Newmont’s inclusion in discussions of gold-mining ETFs such as the VanEck Gold Miners ETF (GDX) may provide broader investor exposure, but ETF flows are not a company-specific catalyst. Gold and Bitcoin Are Rebounding
• Negative Sentiment: Higher costs and a production trough could limit upside. Newmont’s 2026 outlook calls for all-in sustaining costs of up to $1,680 per ounce and production of roughly 5.3 million ounces. Investors are questioning whether gold prices above $4,500 can continue to outpace cost inflation. Newmont: The Risks Associated With A Premature Share Price Rally

Insider Buying and Selling at Newmont

In related news, EVP Peter Toth sold 3,000 shares of the business’s stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00. Following the completion of the transaction, the executive vice president owned 40,315 shares in the company, valued at approximately $3,767,436.75. The trade was a 6.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the company’s stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total value of $1,202,755.05. Following the transaction, the chief financial officer directly owned 29,324 shares of the company’s stock, valued at approximately $3,081,659.16. This represents a 28.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 32,091 shares of company stock valued at $3,292,513 in the last quarter. Corporate insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

NEM has been the subject of a number of recent analyst reports. TD raised their price target on shares of Newmont from $127.00 to $133.00 and gave the stock a “buy” rating in a report on Wednesday, August 12th. Citigroup lowered their price objective on Newmont from $150.00 to $125.00 and set a “buy” rating for the company in a research report on Monday, July 20th. Royal Bank Of Canada cut their target price on Newmont from $140.00 to $135.00 and set an “outperform” rating for the company in a research note on Thursday, July 9th. Barclays decreased their target price on shares of Newmont from $125.00 to $124.00 and set an “overweight” rating on the stock in a research report on Tuesday, July 28th. Finally, Zacks Research cut shares of Newmont from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 14th. Two analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $132.73.

Newmont Trading Down 2.7%

Shares of NEM stock opened at $131.49 on Thursday. Newmont Corporation has a fifty-two week low of $71.49 and a fifty-two week high of $135.29. The company has a 50 day moving average price of $103.17 and a 200 day moving average price of $109.32. The stock has a market capitalization of $138.55 billion, a P/E ratio of 16.60, a price-to-earnings-growth ratio of 1.39 and a beta of 0.47. 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 (NYSE:NEM) last released 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. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The company had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. During the same period in the prior year, the business earned $1.43 EPS. Equities research analysts predict that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Announces Dividend

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

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.