Newmont (NYSE:NEM) CEO Sells $419,411.28 in Stock

Newmont Corporation (NYSE:NEM) CEO Natascha Viljoen sold 3,882 shares of the stock in a transaction on Monday, November 2nd. The shares were sold at an average price of $108.04, for a total value of $419,411.28. Following the completion of the transaction, the chief executive officer owned 101,691 shares of the company’s stock, valued at $10,986,695.64. This trade represents a 3.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 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.

Natascha Viljoen also recently made the following trade(s):

• On Thursday, October 1st, Natascha Viljoen sold 3,882 shares of Newmont stock. The stock was sold at an average price of $114.81, for a total value of $445,692.42.
• On Tuesday, September 1st, Natascha Viljoen sold 3,882 shares of Newmont stock. The stock was sold at an average price of $123.00, for a total value of $477,486.00.
• On Wednesday, August 5th, Natascha Viljoen sold 7,764 shares of Newmont stock. The stock was sold at an average price of $104.00, for a total value of $807,456.00.

Newmont Price Performance

NEM stock opened at $119.74 on Friday. The company has a current ratio of 2.45, a quick ratio of 2.16 and a debt-to-equity ratio of 0.15. Newmont Corporation has a one year low of $81.34 and a one year high of $135.29. The firm has a market capitalization of $124.43 billion, a PE ratio of 13.92, a P/E/G ratio of 2.15 and a beta of 0.56. The firm has a 50-day moving average of $119.10 and a two-hundred day moving average of $112.47.

Newmont (NYSE:NEM) last released its earnings results on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share for the quarter, topping the consensus estimate of $1.94 by $0.26. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The business had revenue of $6.36 billion for the quarter, compared to the consensus estimate of $6.27 billion. During the same period last year, the firm posted $1.71 earnings per share. The firm’s quarterly revenue was up 15.2% compared to the same quarter last year. On average, analysts forecast that Newmont Corporation will post 9.14 earnings per share for the current year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, December 21st. Investors of record on Wednesday, November 25th will be paid a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, November 25th. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s dividend payout ratio (DPR) is currently 12.09%.

Newmont News Summary

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s strong third-quarter performance—higher sales and net income, lower reported costs, and upgraded full-year production guidance—supports the bullish view. The report also points to a recent sharp rise in the shares. Article: Is Newmont Still Undervalued?
• Positive Sentiment: Scotiabank raised its 2026 EPS estimate to $9.23 from $8.96 and maintained a Sector Outperform rating with a $148 price target, signaling confidence in near-term earnings. Article: Scotiabank raises Newmont 2026 EPS estimate
• Positive Sentiment: Newmont’s free cash flow is helping fund growth projects and additional shareholder returns, potentially supporting longer-term value. Article: Can Newmont’s Free Cash Flow Momentum Carry Into Q4?
• Neutral Sentiment: Scotiabank lowered its 2027 EPS estimate to $9.03 from $9.14, though it retained its Sector Outperform rating and $148 target. The adjustment tempers, but does not overturn, its positive stance. Article: Scotiabank adjusts Newmont EPS estimates
• Neutral Sentiment: A Zacks article highlighted Newmont as a potential long-term growth stock, but provided no company-specific new catalyst in the supplied summary. Article: Newmont as a Long-Term Growth Stock
• Negative Sentiment: EVP Peter Toth sold 3,000 shares, a modest potential sentiment overhang; the sale was made under a prearranged trading plan. Article: Newmont EVP Sells Shares

Institutional Trading of Newmont

Hedge funds have recently made changes to their positions in the stock. Accel Wealth Management boosted its stake in shares of Newmont by 0.8% during the 2nd quarter. Accel Wealth Management now owns 14,744 shares of the basic materials company’s stock valued at $1,377,000 after buying an additional 115 shares during the period. Compound Planning Inc. increased its stake in shares of Newmont by 0.6% in the first quarter. Compound Planning Inc. now owns 21,192 shares of the basic materials company’s stock worth $2,294,000 after acquiring an additional 121 shares during the last quarter. Center for Financial Planning Inc. increased its stake in shares of Newmont by 6.7% in the third quarter. Center for Financial Planning Inc. now owns 1,921 shares of the basic materials company’s stock worth $222,000 after acquiring an additional 121 shares during the last quarter. Zhang Financial LLC increased its stake in shares of Newmont by 0.8% in the first quarter. Zhang Financial LLC now owns 15,768 shares of the basic materials company’s stock worth $1,707,000 after acquiring an additional 124 shares during the last quarter. Finally, Heartland Bank & Trust Co raised its holdings in shares of Newmont by 3.0% during the first quarter. Heartland Bank & Trust Co now owns 4,331 shares of the basic materials company’s stock worth $469,000 after acquiring an additional 127 shares in the last quarter. 68.85% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

NEM has been the topic of several research analyst reports. Barclays lowered their price objective on shares of Newmont from $124.00 to $123.00 and set an “overweight” rating on the stock in a research report on Monday, October 19th. Zacks Research lowered Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Canaccord Genuity Group decreased their target price on Newmont from $160.00 to $130.00 and set a “buy” rating for the company in a research report on Thursday, July 23rd. National Bank Financial decreased their target price on Newmont from $140.00 to $135.00 and set a “sector perform” rating for the company in a research report on Tuesday, October 20th. Finally, Citigroup lifted their price target on Newmont from $125.00 to $140.00 and gave the company a “buy” rating in a report on Tuesday, October 20th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Newmont currently has an average rating of “Moderate Buy” and an average target price of $137.20.

Newmont Company Profile

Newmont Corporation (NYSE:NEM) is a global mining company primarily engaged in the exploration, development, and production of gold. The company also produces copper, silver, zinc, and lead as byproducts of its mining operations. Its activities span the full mining life cycle, including resource discovery, project development, mine operations, processing, reclamation, and closure.

Founded in 1921, Newmont has grown into one of the world’s largest gold producers. The company operates and develops mines across several regions, including North America, South America, Australia, Africa, and Papua New Guinea.