Newmont (NYSE:NEM) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of Newmont (NYSE:NEM) from a buy rating to a hold rating in a research note issued to investors on Saturday morning.

NEM has been the subject of several other reports. Scotiabank upped their price objective on Newmont from $114.00 to $152.00 and gave the stock an “outperform” rating in a research report on Monday, January 26th. Sanford C. Bernstein raised shares of Newmont from a “market perform” rating to an “outperform” rating and increased their target price for the stock from $121.00 to $157.00 in a report on Friday. Stifel Nicolaus raised their price target on shares of Newmont from $120.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, February 10th. The Goldman Sachs Group upped their price objective on shares of Newmont from $99.90 to $123.90 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Canaccord Genuity Group raised their target price on shares of Newmont from $115.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Two analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $129.73.

Newmont Stock Performance

NYSE NEM opened at $130.03 on Friday. The firm’s 50 day simple moving average is $115.77 and its 200 day simple moving average is $95.15. The firm has a market capitalization of $141.45 billion, a price-to-earnings ratio of 20.35, a P/E/G ratio of 1.11 and a beta of 0.40. The company has a current ratio of 2.29, a quick ratio of 2.02 and a debt-to-equity ratio of 0.16. Newmont has a 1 year low of $41.23 and a 1 year high of $134.88.

Newmont (NYSE:NEM) last announced its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 EPS for the quarter, beating the consensus estimate of $1.81 by $0.71. The business had revenue of $6.82 billion during the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a net margin of 31.25% and a return on equity of 23.28%. The company’s revenue was up 20.6% on a year-over-year basis. During the same period in the previous year, the business earned $1.40 earnings per share. As a group, research analysts expect that Newmont will post 3.45 earnings per share for the current fiscal 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 issued a dividend of $0.26 per share. This represents a $1.04 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date of this dividend is Tuesday, March 3rd. This is a positive change from Newmont’s previous quarterly dividend of $0.25. Newmont’s payout ratio is presently 15.65%.

Insider Activity

In other news, Director Bruce R. Brook sold 2,080 shares of Newmont stock in a transaction on Monday, December 1st. The shares were sold at an average price of $92.36, for a total transaction of $192,108.80. Following the transaction, the director owned 32,709 shares in the company, valued at approximately $3,021,003.24. The trade was a 5.98% 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. Insiders own 0.05% of the company’s stock.

Institutional Investors Weigh In On Newmont

Institutional investors have recently made changes to their positions in the stock. Groupama Asset Managment raised its position in shares of Newmont by 7.8% during the fourth quarter. Groupama Asset Managment now owns 71,350 shares of the basic materials company’s stock worth $7,024,000 after acquiring an additional 5,192 shares during the last quarter. Oak Grove Capital LLC bought a new stake in Newmont in the fourth quarter valued at approximately $1,677,000. Banque Transatlantique SA increased its position in Newmont by 37.7% during the 4th quarter. Banque Transatlantique SA now owns 4,110 shares of the basic materials company’s stock valued at $410,000 after purchasing an additional 1,125 shares during the period. Astoria Portfolio Advisors LLC. bought a new position in Newmont during the 4th quarter worth approximately $165,000. Finally, SG Trading Solutions LLC acquired a new position in shares of Newmont in the 4th quarter worth approximately $1,676,000. Institutional investors own 68.85% of the company’s stock.

Newmont News Summary

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

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.