Ponta Wealth Partners LLC Purchases New Holdings in Newmont Corporation $NEM

Ponta Wealth Partners LLC acquired a new stake in shares of Newmont Corporation (NYSE:NEM) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 6,898 shares of the basic materials company’s stock, valued at approximately $689,000.

Other hedge funds and other institutional investors also recently modified their holdings of the company. GoalVest Advisory LLC acquired a new position in shares of Newmont in the fourth quarter valued at approximately $25,000. Physician Wealth Advisors Inc. lifted its holdings in shares of Newmont by 327.8% during the third quarter. Physician Wealth Advisors Inc. now owns 308 shares of the basic materials company’s stock worth $26,000 after purchasing an additional 236 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of Newmont by 312.1% during the fourth quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock worth $27,000 after purchasing an additional 206 shares during the period. JPL Wealth Management LLC purchased a new position in Newmont in the 3rd quarter valued at $27,000. Finally, Lodestone Wealth Management LLC purchased a new position in Newmont in the 4th quarter valued at $28,000. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Newmont

In other news, insider David James Fry sold 18,394 shares of Newmont stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $111.45, for a total transaction of $2,050,011.30. Following the completion of the sale, the insider directly owned 17,147 shares in the company, valued at approximately $1,911,033.15. This trade represents a 51.75% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Peter Wexler sold 13,378 shares of the business’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $110.11, for a total value of $1,473,051.58. Following the sale, the executive vice president directly owned 67,865 shares in the company, valued at $7,472,615.15. This trade represents a 16.47% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last ninety days, insiders sold 43,068 shares of company stock valued at $4,769,475. 0.06% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of brokerages have commented on NEM. Stifel Nicolaus upped their price objective on shares of Newmont from $120.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, February 10th. Macquarie Infrastructure lifted their target price on shares of Newmont from $130.00 to $133.00 and gave the company an “outperform” rating in a report on Monday, April 27th. UBS Group dropped their price target on shares of Newmont from $150.00 to $140.00 and set a “buy” rating on the stock in a research note on Friday, March 27th. Royal Bank Of Canada raised their price objective on shares of Newmont from $120.00 to $125.00 and gave the company an “outperform” rating in a research report on Tuesday, February 3rd. Finally, Citigroup lifted their price objective on Newmont from $118.00 to $150.00 and gave the company a “buy” rating in a report on Tuesday, March 3rd. One equities research analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $142.51.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Newmont’s blowout Q1 results and revenue/EPS beats have reinforced earnings momentum and underpinned upgrades and higher price targets from several firms (BMO, Citigroup, Scotiabank among others), which supports upside sentiment for the stock. Read More.
• Positive Sentiment: Scotiabank raised its FY2026/2027 EPS forecasts and maintains a Sector Outperform view with a $151 target, signaling improving analyst fundamentals that can lift investor expectations. Read More.
• Positive Sentiment: Newmont-funded exploration: Newmont fully funded Headwater Gold’s 2025–26 Lodestar drill program under an earn?in and the program identified a new “Meridian Zone” — positive for Newmont’s Nevada exploration pipeline and optionality. Read More.
• Positive Sentiment: Investor interest from thematic/precious?metals screens: Newmont is being highlighted in recent “best silver mining” and long?term growth lists after its strong quarter, which can attract new flows from sector ETFs and retail buyers. Read More.
• Neutral Sentiment: Insider share sales (executive filings including Rule 10b5?1 plans) were reported; filings show sales were largely to cover tax withholding on vested awards and executed under pre?arranged plans, which appears administrative rather than an outright negative signal. Read More.
• Neutral Sentiment: Newmont pays a modest quarterly dividend (recently announced), which supports income investors but is not the primary driver of large directional moves. Read More.
• Negative Sentiment: Earlier in May the market reacted negatively after Newmont authorized up to US$6 billion in buybacks despite the Q1 beat; that announcement triggered intra?day selling in some accounts—an example of how capital allocation timing/scale can prompt short?term profit?taking. Read More.

Newmont Price Performance

Shares of NYSE NEM opened at $114.97 on Thursday. The firm has a market capitalization of $122.74 billion, a P/E ratio of 14.91, a PEG ratio of 1.55 and a beta of 0.43. Newmont Corporation has a one year low of $48.27 and a one year high of $134.88. The company’s fifty day moving average is $113.12 and its two-hundred day moving average is $105.80. The company has a debt-to-equity ratio of 0.15, a quick ratio of 2.17 and a current ratio of 2.44.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, April 23rd. The basic materials company reported $2.90 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.07 by $0.83. Newmont had a net margin of 33.87% and a return on equity of 27.84%. The business had revenue of $7.31 billion during the quarter, compared to the consensus estimate of $6.83 billion. During the same quarter last year, the firm posted $1.25 EPS. The business’s revenue was up 45.8% compared to the same quarter last year. Analysts forecast that Newmont Corporation will post 9.5 EPS for the current fiscal year.

Newmont Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th will be issued a $0.26 dividend. The ex-dividend date of this dividend is Wednesday, May 27th. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s dividend payout ratio (DPR) is 13.49%.

Newmont 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.