Voya Investment Management LLC Cuts Stock Position in Newmont Corporation $NEM

23 Dec 2025, 08:24 by Renee Jackson · The Cerbat Gem

Voya Investment Management LLC lessened its position in Newmont Corporation (NYSE:NEM – Free Report) by 16.9% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 188,583 shares of the basic materials company’s stock after selling 38,385 shares during the quarter. Voya Investment Management LLC’s holdings in Newmont were worth $15,899,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of NEM. Brighton Jones LLC lifted its stake in shares of Newmont by 15.7% in 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. Wellington Management Group LLP boosted its position in Newmont by 75.7% in the 1st quarter. Wellington Management Group LLP now owns 318,247 shares of the basic materials company’s stock valued at $15,365,000 after buying an additional 137,137 shares during the period. Summit Financial LLC acquired a new position in shares of Newmont in the first quarter worth $467,000. CW Advisors LLC acquired a new stake in shares of Newmont in the first quarter valued at $205,000. Finally, Ameriprise Financial Inc. raised its position in Newmont by 49.9% in the 1st quarter. Ameriprise Financial Inc. now owns 1,347,972 shares of the basic materials company’s stock valued at $65,061,000 after purchasing an additional 448,684 shares in the last quarter. Institutional investors and hedge funds own 68.85% of the company’s stock.

Insider Buying and Selling

In related news, Director Bruce R. Brook sold 2,080 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $92.36, for a total value of $192,108.80. Following the sale, the director owned 32,709 shares of the company’s stock, valued at $3,021,003.24. This trade represents a 5.98% 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, CEO Thomas Ronald Palmer sold 5,000 shares of the company’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $81.34, for a total transaction of $406,700.00. Following the completion of the transaction, the chief executive officer owned 279,923 shares of the company’s stock, valued at approximately $22,768,936.82. This trade represents a 1.75% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 11,240 shares of company stock worth $943,985 over the last quarter. Insiders own 0.05% of the company’s stock.

Analysts Set New Price Targets

NEM has been the subject of a number of research analyst reports. UBS Group upped their price target on Newmont from $105.50 to $125.00 and gave the company a “buy” rating in a report on Monday, December 1st. The Goldman Sachs Group set a $104.30 target price on Newmont and gave the company a “buy” rating in a research note on Sunday, October 12th. Macquarie upgraded shares of Newmont from a “hold” rating to a “strong-buy” rating in a research note on Friday, December 5th. CIBC set a $112.00 price objective on Newmont and gave the stock an “outperformer” rating in a research report on Friday, October 10th. Finally, Argus increased their target price on shares of Newmont from $75.00 to $94.00 in a report on Friday, November 21st. Five equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of $96.37.

View Our Latest Analysis on NEM

Newmont Price Performance

NEM stock opened at $104.69 on Tuesday. The firm has a market cap of $114.25 billion, a P/E ratio of 16.26, a price-to-earnings-growth ratio of 0.70 and a beta of 0.41. The stock has a 50-day simple moving average of $89.43 and a 200-day simple moving average of $76.19. Newmont Corporation has a 1 year low of $36.86 and a 1 year high of $105.68. The company has a debt-to-equity ratio of 0.17, a quick ratio of 1.74 and a current ratio of 2.04.

Newmont (NYSE:NEM – Get Free Report) last posted its quarterly earnings data on Thursday, October 23rd. The basic materials company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.27 by $0.44. Newmont had a return on equity of 20.35% and a net margin of 33.42%.The company had revenue of $5.52 billion for the quarter, compared to the consensus estimate of $5.14 billion. During the same period in the previous year, the business earned $0.81 EPS. Newmont’s revenue for the quarter was up 20.0% compared to the same quarter last year. On average, equities analysts predict that Newmont Corporation will post 3.45 earnings per share for the current fiscal year.

Newmont Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, December 22nd. Stockholders of record on Wednesday, November 26th were issued a dividend of $0.25 per share. The ex-dividend date of this dividend was Wednesday, November 26th. This represents a $1.00 annualized dividend and a dividend yield of 1.0%. Newmont’s dividend payout ratio is 15.53%.

Newmont Company Profile

(Free Report)

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.