Cassia Capital Partners LLC Buys Shares of 10,690 Newmont Corporation $NEM

Cassia Capital Partners LLC bought a new position in shares of Newmont Corporation (NYSE:NEM) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 10,690 shares of the basic materials company’s stock, valued at approximately $1,157,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. GoalVest Advisory LLC purchased a new position in shares of Newmont during the 4th quarter worth approximately $25,000. Pinnacle Bancorp Inc. acquired a new position in shares of Newmont during the 1st quarter worth approximately $25,000. Swiss RE Ltd. purchased a new stake in Newmont in the 4th quarter valued at approximately $26,000. Cornerstone Planning Group LLC grew its holdings in Newmont by 312.1% during the 4th quarter. Cornerstone Planning Group LLC now owns 272 shares of the basic materials company’s stock valued at $27,000 after buying an additional 206 shares during the last quarter. Finally, JPL Wealth Management LLC acquired a new stake in Newmont during the 3rd quarter valued at $27,000. Hedge funds and other institutional investors own 68.85% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the company. Zacks Research raised Newmont from a “hold” rating to a “strong-buy” rating in a report on Monday, June 15th. TD increased their price objective on Newmont from $116.00 to $129.00 and gave the company a “hold” rating in a research note on Monday, April 27th. TD Cowen reiterated a “buy” rating on shares of Newmont in a research report on Monday, April 27th. Scotiabank cut their target price on shares of Newmont from $152.00 to $151.00 and set a “sector outperform” rating for the company in a research note on Friday, March 20th. Finally, Weiss Ratings lowered shares of Newmont from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, June 17th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, Newmont has an average rating of “Moderate Buy” and an average target price of $139.35.

Key Headlines Impacting Newmont

Here are the key news stories impacting Newmont this week:

• Positive Sentiment: UBS and Goldman Sachs both kept bullish ratings on Newmont while lowering price targets, indicating analysts still see meaningful upside from current levels. Article Title
• Positive Sentiment: Raymond James also reiterated an outperform view on Newmont, reinforcing optimism despite weaker gold prices. Article Title
• Positive Sentiment: Newmont was highlighted as a potential long-haul beneficiary if gold prices rebound after their steep recent selloff. Article Title
• Positive Sentiment: Newmont’s upcoming second-quarter 2026 earnings release could be a catalyst if results show strong cash flow and resilience versus softer gold prices. Article Title
• Neutral Sentiment: An insider sale filing by executive Peter Toth under a trading plan may create some headline noise, but the transaction is small and does not necessarily signal a change in outlook. Article Title

Insider Activity at Newmont

In other news, EVP Peter Wexler sold 13,378 shares of the stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $110.11, for a total transaction of $1,473,051.58. Following the transaction, the executive vice president directly owned 67,865 shares in the company, valued at $7,472,615.15. This represents a 16.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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. Also, insider David John Thornton sold 2,296 shares of the stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $110.11, for a total transaction of $252,812.56. Following the transaction, the insider owned 23,163 shares in the company, valued at approximately $2,550,477.93. The trade was a 9.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 quarter, insiders sold 25,556 shares of company stock worth $2,781,006. 0.06% of the stock is owned by insiders.

Newmont Price Performance

NEM stock opened at $93.16 on Thursday. The stock has a market capitalization of $99.45 billion, a price-to-earnings ratio of 12.08, a price-to-earnings-growth ratio of 1.55 and a beta of 0.46. The company has a quick ratio of 2.17, a current ratio of 2.44 and a debt-to-equity ratio of 0.15. Newmont Corporation has a 52-week low of $55.37 and a 52-week high of $134.88. The stock’s fifty day simple moving average is $106.66 and its 200-day simple moving average is $110.89.

Newmont (NYSE:NEM) last released its earnings results on Thursday, April 23rd. The basic materials company reported $2.90 EPS for the quarter, beating the consensus estimate of $2.07 by $0.83. Newmont had a return on equity of 27.84% and a net margin of 33.87%.The firm had revenue of $7.31 billion during the quarter, compared to analyst estimates of $6.83 billion. During the same period in the prior year, the firm posted $1.25 earnings per share. The business’s quarterly revenue was up 45.8% compared to the same quarter last year. Equities research analysts expect that Newmont Corporation will post 9.91 EPS for the current year.

Newmont Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 22nd. Shareholders of record on Wednesday, May 27th were issued a $0.26 dividend. The ex-dividend date was Wednesday, May 27th. This represents a $1.04 annualized dividend and a yield of 1.1%. Newmont’s payout ratio is 13.49%.

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.