Newmont (NYSE:NEM) Rating Increased to Outperform at Sanford C. Bernstein

Sanford C. Bernstein upgraded shares of Newmont (NYSE:NEM) from a market perform rating to an outperform rating in a report released on Friday morning, MarketBeat.com reports. They currently have $157.00 target price on the basic materials company’s stock, up from their prior target price of $121.00.

A number of other research analysts have also commented on the company. Macquarie Infrastructure upped their price objective on Newmont from $115.00 to $126.00 and gave the company an “outperform” rating in a report on Friday, February 6th. UBS Group restated a “buy” rating and issued a $160.00 price target on shares of Newmont in a research note on Friday, January 30th. Citigroup reiterated a “buy” rating on shares of Newmont in a research note on Monday, January 12th. Canaccord Genuity Group increased their target price on shares of Newmont from $115.00 to $140.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Finally, Jefferies Financial Group raised their target price on shares of Newmont from $136.00 to $158.00 and gave the stock a “buy” rating in a report on Tuesday, February 17th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.73.

Newmont Stock Performance

Shares of NYSE NEM traded up $2.56 during mid-day trading on Friday, reaching $130.03. 15,009,122 shares of the company were exchanged, compared to its average volume of 9,446,080. The stock has a market capitalization of $141.45 billion, a P/E ratio of 20.35, a P/E/G ratio of 1.09 and a beta of 0.40. The company has a quick ratio of 2.02, a current ratio of 2.29 and a debt-to-equity ratio of 0.16. The company’s 50-day simple moving average is $115.77 and its 200-day simple moving average is $94.97. Newmont has a twelve month low of $41.23 and a twelve month high of $134.88.

Newmont (NYSE:NEM) last released its quarterly earnings results on Thursday, February 19th. The basic materials company reported $2.52 earnings per share for the quarter, beating the consensus estimate of $1.81 by $0.71. The firm had revenue of $6.82 billion for the quarter, compared to analysts’ expectations of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The business’s revenue was up 20.6% on a year-over-year basis. During the same period in the prior year, the firm earned $1.40 EPS. As a group, research analysts predict that Newmont will post 3.45 earnings per share for the current year.

Newmont Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be paid a dividend of $0.26 per share. The ex-dividend date is Tuesday, March 3rd. This is a boost from Newmont’s previous quarterly dividend of $0.25. This represents a $1.04 annualized dividend and a yield of 0.8%. Newmont’s dividend payout ratio is currently 15.65%.

Insider Buying and Selling at Newmont

In other news, Director Bruce R. Brook sold 2,080 shares of Newmont stock in a transaction on Monday, December 1st. The stock was sold at an average price of $92.36, for a total value of $192,108.80. Following the transaction, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. This trade represents a 5.98% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.05% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Brighton Jones LLC grew its holdings in shares of Newmont by 15.7% during the 4th quarter. Brighton Jones LLC now owns 13,606 shares of the basic materials company’s stock valued at $506,000 after purchasing an additional 1,847 shares during the last quarter. Woodline Partners LP boosted its position in Newmont by 40.7% in the first quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company’s stock valued at $4,644,000 after buying an additional 27,813 shares in the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Newmont during the second quarter worth $240,000. Envestnet Asset Management Inc. increased its holdings in shares of Newmont by 176.4% during the second quarter. Envestnet Asset Management Inc. now owns 447,960 shares of the basic materials company’s stock worth $26,098,000 after buying an additional 285,897 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of Newmont by 9.7% in the 2nd quarter. Bessemer Group Inc. now owns 12,934 shares of the basic materials company’s stock valued at $753,000 after acquiring an additional 1,143 shares during the last quarter. Institutional investors own 68.85% of the company’s stock.

Key Stories Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: Sanford C. Bernstein upgraded NEM from “market perform” to “outperform” and raised its price target to $157 (from $121), signaling analyst confidence and implying roughly 20% upside versus recent levels. Bernstein Upgrade
• Positive Sentiment: Newmont posted strong Q4 results: adjusted EPS $2.52 vs. $1.81 consensus and revenue ~$6.82B vs. $6.18B expected; management cited higher realized gold prices and effective cost control, and Forbes reports roughly $2.8B of free cash flow in Q4—supporting buybacks, dividend capacity, or further portfolio actions. Newmont Ends 2025 Strong — 2026 In Focus
• Positive Sentiment: Market reaction: coverage notes NEM gained (~+2.1% on the cited session) as investors priced in the earnings beat and brighter outlook. Why the Market Dipped But Newmont Gained
• Neutral Sentiment: Longer-form investor commentary explores whether to buy NEM today—arguments center on its stronger portfolio of Tier‑1 assets and cash generation versus valuation and exposure to gold price moves. Should You Invest $1,000 in Newmont?
• Neutral Sentiment: Company profile and personnel/resources page (reference material). Newmont Company Page

About Newmont

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.