Robinson Value Management Ltd. Acquires New Position in Newmont Corporation $NEM

Robinson Value Management Ltd. acquired a new stake in Newmont Corporation (NYSE:NEM) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 44,362 shares of the basic materials company’s stock, valued at approximately $5,117,000. Newmont comprises about 2.8% of Robinson Value Management Ltd.’s portfolio, making the stock its 6th largest position.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in NEM. Pinnacle Bancorp Inc. acquired a new position in Newmont during the first quarter valued at $25,000. Cedar Mountain Advisors LLC purchased a new stake in Newmont in the first quarter valued at $25,000. Clearstead Trust LLC purchased a new stake in Newmont in the second quarter valued at $25,000. Kilter Group LLC purchased a new stake in Newmont in the second quarter valued at $26,000. Finally, GoalVest Advisory LLC acquired a new stake in Newmont during the 3rd quarter worth about $28,000. Institutional investors and hedge funds own 68.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. National Bank Financial reduced their price objective on Newmont from $140.00 to $135.00 and set a “sector perform” rating for the company in a research note on Tuesday. Bank of America decreased their price objective on Newmont from $157.00 to $132.00 and set a “buy” rating for the company in a report on Thursday, July 9th. Sanford C. Bernstein decreased their price objective on Newmont from $147.00 to $144.00 and set an “outperform” rating for the company in a report on Wednesday, September 9th. Royal Bank Of Canada upped their target price on Newmont from $135.00 to $155.00 and gave the stock an “outperform” rating in a research note on Wednesday, September 16th. Finally, The Goldman Sachs Group dropped their target price on Newmont from $122.50 to $111.40 and set a “buy” rating on the stock in a report on Wednesday, July 1st. Two research analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $133.92.

Insider Buying and Selling at Newmont

In other news, CEO Natascha Viljoen sold 7,764 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $104.00, for a total transaction of $807,456.00. Following the sale, the chief executive officer directly owned 135,235 shares of the company’s stock, valued at $14,064,440. This represents a 5.43% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian Tabolt sold 11,445 shares of the stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $105.09, for a total transaction of $1,202,755.05. Following the sale, the chief financial officer directly owned 29,324 shares in the company, valued at approximately $3,081,659.16. The trade was a 28.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 35,973 shares of company stock valued at $3,927,169. Corporate insiders own 0.06% of the company’s stock.

Newmont Price Performance

NYSE:NEM opened at $116.75 on Wednesday. The company has a debt-to-equity ratio of 0.15, a current ratio of 2.55 and a quick ratio of 2.26. The firm has a market cap of $123.02 billion, a price-to-earnings ratio of 14.74, a price-to-earnings-growth ratio of 2.19 and a beta of 0.51. The company has a 50 day moving average price of $122.07 and a 200-day moving average price of $110.98. Newmont Corporation has a 1-year low of $76.05 and a 1-year high of $135.29.

Newmont (NYSE:NEM) last posted its earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.05 by $0.05. Newmont had a net margin of 33.36% and a return on equity of 29.10%. The firm had revenue of $6.12 billion during the quarter, compared to analysts’ expectations of $6.35 billion. During the same period in the previous year, the business posted $1.43 EPS. Equities research analysts forecast that Newmont Corporation will post 9.04 EPS for the current year.

Newmont Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, September 28th. Shareholders of record on Thursday, September 3rd were issued a $0.26 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s payout ratio is presently 13.13%.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Bernstein reportedly raised its Newmont price target to $150, signaling increased confidence in the gold producer’s valuation and potential upside. Bernstein raises Newmont price target
• Positive Sentiment: Citigroup lifted its Newmont price target to $140 from $125, adding to the constructive analyst view and suggesting potential appreciation from current levels. Citigroup adjusts Newmont price target
• Positive Sentiment: Newmont is included among gold stocks considered worth researching or buying after recent weakness, which could support investor interest if gold prices stabilize. Gold stocks worth buying on weakness
• Neutral Sentiment: Articles are highlighting Wall Street estimates for Newmont’s key third-quarter metrics for the quarter ended September 2026. The coverage may increase attention ahead of earnings, but it does not provide new reported results. Newmont Q3 performance estimates
• Neutral Sentiment: An options-focused article discusses using a naked put as an earnings strategy, reflecting elevated volatility and investor interest rather than a fundamental change in Newmont’s outlook. Newmont earnings options strategy
• Negative Sentiment: National Bank Financial lowered its price target to $135 from $140 and kept a “sector perform” rating, indicating more cautious expectations even though the revised target still implies upside. National Bank Financial rating update
• Negative Sentiment: Gold has retreated about 0.5% to roughly $4,120 an ounce as investors consider the possibility of higher interest rates. A stronger rate outlook can pressure non-yielding bullion and weigh on gold-mining shares, including NEM.

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.