Newmont (NYSE:NEM) Stock Price Down 2.6% on Analyst Downgrade

Shares of Newmont Corporation (NYSE:NEM) fell 2.6% during mid-day trading on Friday after BMO Capital Markets lowered their price target on the stock from $145.00 to $140.00. BMO Capital Markets currently has an outperform rating on the stock. Newmont traded as low as $118.67 and last traded at $122.1590. 12,500,416 shares changed hands during mid-day trading, an increase of 24% from the average session volume of 10,060,032 shares. The stock had previously closed at $125.40.

Several other research firms have also issued reports on NEM. DZ Bank upgraded Newmont to a “strong-buy” rating in a research report on Monday, January 19th. UBS Group reaffirmed a “buy” rating and issued a $160.00 target price on shares of Newmont in a report on Friday, January 30th. Argus lifted their price objective on shares of Newmont from $75.00 to $94.00 in a research note on Friday, November 21st. TD Cowen boosted their target price on Newmont from $89.00 to $120.00 and gave the company a “hold” rating in a research report on Thursday, January 22nd. Finally, Zacks Research downgraded shares of Newmont from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 18th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, Newmont has a consensus rating of “Moderate Buy” and a consensus price target of $131.66.

Insider Buying and Selling at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of the business’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $92.36, for a total value of $192,108.80. Following the completion of the transaction, the director owned 32,709 shares of the company’s stock, valued at $3,021,003.24. The trade was a 5.98% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.05% of the stock is owned by insiders.

More Newmont News

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Q4 beats and strong 2025 results — Newmont reported upside to revenue and EPS, helped by much higher realized gold prices and margin expansion. Analysts and coverage note the company exceeded estimates on both top and bottom lines. NEM’s Earnings and Sales Top Estimates in Q4
• Positive Sentiment: Record free cash flow and margin strength — coverage highlights record free cash flow in 2025 and improved profitability, which supports the company’s balance sheet and capital allocation flexibility. Newmont Crushes Earnings With Record Free Cash Flow
• Positive Sentiment: Dividend increase — Newmont declared a quarterly dividend of $0.26 (4.0% sequential increase), modestly boosting income appeal. Q4 Results & Dividend Announcement
• Neutral Sentiment: Mineral reserves declined (to 118.2M attributable ounces) largely due to 2025 divestments — not a pure operating miss but reduces reported reserve base. 2025 Mineral Reserves Report
• Neutral Sentiment: Analyst action: BMO trimmed its price target slightly (to $140) but kept an outperform rating — mixed signal (still constructive but less bullish). BMO PT Lowered
• Negative Sentiment: 2026 guidance disappointed on production and costs — management guided to ~5.3M oz of attributable gold (below 2025) and AISC near ~$1,680/oz with sizable sustaining/development capex, which pressured the shares despite the beat. Guidance Reaction and Analysis
• Negative Sentiment: Investor positioning and insider/institutional flows weighed on the stock — headlines note a sell‑the‑news move, recent insider sales, and large institutional rebalances (notably UBS trimming exposure), amplifying downward pressure. Investor Flows & Insider Sales

Institutional Trading of Newmont

Several large investors have recently made changes to their positions in the company. Apella Capital LLC boosted its position in shares of Newmont by 4.1% during the 4th quarter. Apella Capital LLC now owns 2,198 shares of the basic materials company’s stock valued at $219,000 after acquiring an additional 86 shares during the last quarter. New Wave Wealth Advisors LLC lifted its stake in Newmont by 1.3% during the 4th quarter. New Wave Wealth Advisors LLC now owns 6,849 shares of the basic materials company’s stock worth $684,000 after acquiring an additional 88 shares in the last quarter. Novem Group boosted its stake in shares of Newmont by 3.7% in the fourth quarter. Novem Group now owns 2,487 shares of the basic materials company’s stock valued at $248,000 after purchasing an additional 88 shares during the period. Norden Group LLC boosted its position in Newmont by 0.7% in the 4th quarter. Norden Group LLC now owns 12,367 shares of the basic materials company’s stock valued at $1,235,000 after buying an additional 90 shares during the period. Finally, Parkside Financial Bank & Trust grew its stake in Newmont by 1.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 7,153 shares of the basic materials company’s stock worth $714,000 after purchasing an additional 96 shares in the last quarter. 68.85% of the stock is currently owned by hedge funds and other institutional investors.

Newmont Price Performance

The stock’s 50 day moving average is $112.64 and its two-hundred day moving average is $92.58. The stock has a market capitalization of $133.31 billion, a PE ratio of 18.97, a price-to-earnings-growth ratio of 1.04 and a beta of 0.40. The company has a debt-to-equity ratio of 0.17, a current ratio of 2.04 and a quick ratio of 1.74.

Newmont (NYSE:NEM) last announced its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.81 by $0.71. The firm had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a return on equity of 20.35% and a net margin of 33.42%.The firm’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.40 earnings per share. As a group, sell-side analysts forecast that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Tuesday, March 3rd will be given a $0.26 dividend. The ex-dividend date is Tuesday, March 3rd. This is an increase from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 dividend on an annualized basis and a yield of 0.9%. Newmont’s payout ratio is 15.53%.

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.