5,000 Shares in Newmont Corporation $NEM Bought by O Brien Greene & Co. Inc

O Brien Greene & Co. Inc purchased a new stake in Newmont Corporation (NYSE:NEM) during the 3rd quarter, HoldingsChannel.com reports. The fund purchased 5,000 shares of the basic materials company’s stock, valued at approximately $577,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Knights of Columbus Asset Advisors LLC bought a new position in Newmont during the third quarter worth $2,512,000. Philadelphia Trust Co. acquired a new stake in Newmont in the third quarter worth $15,768,000. Confluence Wealth Services Inc. acquired a new stake in Newmont in the third quarter worth $566,000. AMG National Trust Bank bought a new stake in Newmont in the third quarter valued at $967,000. Finally, Moneco Advisors LLC bought a new stake in Newmont in the third quarter valued at $1,230,000. 68.85% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO Natascha Viljoen sold 3,882 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The shares were sold at an average price of $123.00, for a total value of $477,486.00. Following the transaction, the chief executive officer owned 131,353 shares of the company’s stock, valued at approximately $16,156,419. This trade represents a 2.87% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Peter Toth sold 3,000 shares of Newmont stock in a transaction dated Monday, November 2nd. The shares were sold at an average price of $108.04, for a total value of $324,120.00. Following the transaction, the executive vice president owned 31,315 shares of the company’s stock, valued at $3,383,272.60. This trade represents a 8.74% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 20,646 shares of company stock worth $2,380,140. 0.06% of the stock is owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the stock. Zacks Research lowered shares of Newmont from a “strong-buy” rating to a “hold” rating in a report on Tuesday, July 14th. Bank of America raised their target price on Newmont from $135.00 to $145.00 in a research note on Monday, August 17th. Weiss Ratings raised Newmont from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, October 16th. BNP Paribas Exane boosted their target price on Newmont from $102.00 to $112.00 and gave the company a “neutral” rating in a research report on Monday, August 17th. Finally, National Bank Financial dropped their price target on Newmont from $140.00 to $135.00 and set a “sector perform” rating on the stock in a research note on Tuesday, October 20th. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Newmont has a consensus rating of “Moderate Buy” and an average price target of $137.20.

Newmont Stock Performance

NEM opened at $119.83 on Wednesday. Newmont Corporation has a 1-year low of $81.34 and a 1-year high of $135.29. The company has a market cap of $124.52 billion, a price-to-earnings ratio of 13.93, a PEG ratio of 2.28 and a beta of 0.56. The company’s fifty day moving average price is $118.69 and its two-hundred day moving average price is $112.50. 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 (NYSE:NEM) last issued its quarterly earnings data on Thursday, October 22nd. The basic materials company reported $2.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.94 by $0.26. The firm had revenue of $6.36 billion during the quarter, compared to analysts’ expectations of $6.27 billion. Newmont had a net margin of 34.73% and a return on equity of 29.81%. The business’s revenue was up 15.2% on a year-over-year basis. During the same period last year, the company earned $1.71 earnings per share. On average, analysts expect that Newmont Corporation will post 9.14 EPS for the current fiscal year.

Newmont Announces Dividend

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

Newmont Profile

Newmont Corporation is a gold-focused mining company that explores for, develops, and operates mines. Its products include gold as well as copper, silver, zinc, and lead, which are produced at some of its mining operations. Founded in 1921, Newmont has grown through exploration and acquisitions into an international mining company. Its operations and projects span North America, South America, Australia, and Africa. Newmont is headquartered in Denver, Colorado. Natascha Viljoen became the company’s chief executive officer in 2025, succeeding Tom Palmer.