Newmont (NYSE:NEM) EVP Peter Toth Sells 3,000 Shares of Stock

Newmont Corporation (NYSE:NEM) EVP Peter Toth sold 3,000 shares of the firm’s stock in a transaction dated Tuesday, September 1st. The stock was sold at an average price of $123.00, for a total transaction of $369,000.00. Following the completion of the transaction, the executive vice president owned 37,315 shares of the company’s stock, valued at approximately $4,589,745. The trade was a 7.44% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Peter Toth also recently made the following trade(s):

• On Monday, August 3rd, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $93.45, for a total transaction of $280,350.00.
• On Wednesday, July 1st, Peter Toth sold 3,000 shares of Newmont stock. The shares were sold at an average price of $92.38, for a total value of $277,140.00.

Newmont Stock Performance

Shares of Newmont stock opened at $130.59 on Friday. The stock has a market cap of $137.60 billion, a PE ratio of 16.49, a price-to-earnings-growth ratio of 1.76 and a beta of 0.52. The business has a fifty day simple moving average of $106.54 and a 200-day simple moving average of $109.59. The company has a quick ratio of 2.26, a current ratio of 2.55 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 12 month low of $73.44 and a 12 month high of $135.29.

Newmont (NYSE:NEM) last posted its quarterly earnings results on Thursday, July 23rd. The basic materials company reported $2.10 earnings per share for the quarter, beating the consensus estimate of $2.05 by $0.05. The firm had revenue of $6.12 billion for the quarter, compared to analyst estimates of $6.35 billion. Newmont had a return on equity of 29.10% and a net margin of 33.36%.During the same period in the previous year, the firm earned $1.43 earnings per share. On average, sell-side analysts anticipate that Newmont Corporation will post 9.01 EPS for the current fiscal year.

Newmont Dividend Announcement

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

Institutional Investors Weigh In On Newmont

Several institutional investors have recently made changes to their positions in the company. Pinnacle Bancorp Inc. bought a new position in Newmont during the first quarter valued at approximately $25,000. Cedar Mountain Advisors LLC acquired a new stake in Newmont in the first quarter valued at approximately $25,000. Clearstead Trust LLC bought a new stake in Newmont in the second quarter worth approximately $25,000. Kilter Group LLC bought a new stake in Newmont in the second quarter worth approximately $26,000. Finally, Swiss RE Ltd. acquired a new position in shares of Newmont during the 4th quarter worth $26,000. 68.85% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently commented on NEM shares. Barclays decreased their price target on shares of Newmont from $125.00 to $124.00 and set an “overweight” rating for the company in a report on Tuesday, July 28th. Bank of America dropped their price objective on shares of Newmont from $157.00 to $132.00 and set a “buy” rating on the stock in a research note on Thursday, July 9th. Wall Street Zen downgraded shares of Newmont from a “buy” rating to a “hold” rating in a research report on Saturday, July 25th. Royal Bank Of Canada cut their target price on shares of Newmont from $140.00 to $135.00 and set an “outperform” rating for the company in a research report on Thursday, July 9th. Finally, The Goldman Sachs Group decreased their target price on shares of Newmont from $122.50 to $111.40 and set a “buy” rating for the company in a research note on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, Newmont presently has an average rating of “Moderate Buy” and an average price target of $132.73.

Newmont News Roundup

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s recent quarterly update continues to support investor sentiment: the company reported approximately 1.3 million attributable gold ounces, record quarterly free cash flow of $2.2 billion, maintained its 2026 production guidance and declared a $0.26-per-share dividend. Why Newmont Corporation Stock Is Up Today
• Positive Sentiment: A recent valuation analysis characterized Newmont as financially resilient, citing a net margin of roughly 33%, strong cash generation, low leverage and a forward P/E near 14.5. The company’s $1.95 billion payment to Barrick to finalize the Nevada Gold Mines joint-venture settlement also strengthens its control of a major production base. Newmont Stock Analysis
• Neutral Sentiment: Analysts’ recent price targets have a median of $140, suggesting potential upside from current levels, although targets range widely from $120 to $176 and remain sensitive to gold prices, interest rates and mining costs. Newmont Price Targets
• Negative Sentiment: Newmont CEO Natascha Viljoen sold 3,882 shares worth approximately $477,000, while EVP Peter Toth sold 3,000 shares worth about $369,000. Both transactions were executed under pre-arranged Rule 10b5-1 plans, reducing their holdings but not necessarily signaling a change in business outlook. Newmont Insider Transactions
• Negative Sentiment: Insider activity has been one-sided over the past six months, with reported sales and no purchases. High Treasury yields also remain a risk because they raise the opportunity cost of holding gold, while inflation and energy costs could pressure mining margins. Newmont Insider and Market Analysis

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.