Empirical Financial Services LLC d.b.a. Empirical Wealth Management Acquires 32,639 Shares of Newmont Corporation $NEM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management increased its stake in Newmont Corporation (NYSE:NEM - Free Report) by 83.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 71,714 shares of the basic materials company's stock after purchasing an additional 32,639 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management's holdings in Newmont were worth $6,046,000 at the end of the most recent quarter.3 Contrarian "Buy the Dip" Picks—and One Area to AvoidSeveral other hedge funds have also bought and sold shares of the stock. Brighton Jones LLC lifted its position 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 buying an additional 1,847 shares in the last quarter. Woodline Partners LP lifted its holdings in Newmont by 40.7% during the first quarter. Woodline Partners LP now owns 96,182 shares of the basic materials company's stock valued at $4,644,000 after purchasing an additional 27,813 shares in the last quarter. Sivia Capital Partners LLC bought a new position in shares of Newmont in the second quarter worth approximately $240,000. Chicago Partners Investment Group LLC purchased a new stake in shares of Newmont in the second quarter worth $304,000. Finally, Brookstone Capital Management raised its position in shares of Newmont by 173.4% during the 2nd quarter. Brookstone Capital Management now owns 12,248 shares of the basic materials company's stock valued at $714,000 after purchasing an additional 7,768 shares during the period. Institutional investors own 68.85% of the company's stock. Insider Activity at NewmontIn other news, Director Bruce R. Brook sold 2,080 shares of the business's 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 directly owned 32,709 shares in the company, valued at $3,021,003.24. The trade was a 5.98% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.05% of the stock is owned by insiders. Newmont Price PerformanceGold at $5,000—3 Mining Stocks for the Next Gold RushShares of Newmont stock opened at $122.16 on Friday. The firm has a market cap of $133.31 billion, a PE ratio of 19.12, a PEG ratio of 1.02 and a beta of 0.40. The stock has a 50 day moving average of $113.12 and a 200 day moving average of $93.15. The company has a current ratio of 2.04, a quick ratio of 1.74 and a debt-to-equity ratio of 0.17. Newmont Corporation has a 12 month low of $41.23 and a 12 month high of $134.88. Newmont (NYSE:NEM - Get Free Report) last released its quarterly earnings data on Thursday, February 19th. The basic materials company reported $2.52 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.81 by $0.71. The business had revenue of $6.82 billion for the quarter, compared to the consensus estimate of $6.18 billion. Newmont had a return on equity of 23.58% and a net margin of 31.25%.The company's revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.40 EPS. On average, research analysts expect that Newmont Corporation will post 3.45 EPS for the current fiscal year. Newmont Increases DividendCan't Choose Between Silver and Gold? These ETFs Hold BothThe firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Tuesday, March 3rd will be given a dividend of $0.26 per share. This represents a $1.04 annualized dividend and a yield of 0.9%. This is an increase from Newmont's previous quarterly dividend of $0.25. The ex-dividend date is Tuesday, March 3rd. Newmont's dividend payout ratio (DPR) is 15.65%. Key Stories Impacting NewmontHere are the key news stories impacting Newmont this week: Positive Sentiment: Beat expectations: Q4 EPS of $2.52 and revenue of $6.82B topped estimates, driven by higher realized gold prices and margin expansion. Read More. Positive Sentiment: Record free cash flow and strong profitability in 2025 supported balance sheet and capital flexibility — a reason some investors remain constructive. Read More. Positive Sentiment: Dividend increase: the company raised the quarterly payout to $0.26 (4% increase), signaling continued shareholder returns. Read More. Neutral Sentiment: Mineral reserves declined to 118.2M attributable gold ounces at year‑end 2025 versus 134.1M in 2024 — management attributes the drop mainly to divestments rather than operating shortfalls. Read More. Neutral Sentiment: Analyst framing remains mixed-to-favorable: many firms still rate NEM buy/outperform and Zacks highlights it as a strong growth stock based on style scores, leaving upside potential for longer‑term investors. Read More. Negative Sentiment: 2026 guidance disappointed: management forecast ~5.3M oz attributable gold production (below 2025), AISC around ~$1,680/oz and sizable sustaining/development capital spending — the softer outlook is the main near‑term headwind. Read More. Negative Sentiment: “Sell‑the‑news” reaction: after the strong quarter, investors focused on the muted 2026 outlook and the stock pulled back as a result. Read More. Negative Sentiment: Analyst/pricing moves and insider/institutional flows: BMO trimmed its price target (from $145 to $140) and filings show notable insider sales and large institutional reallocations (some big holders reduced positions), which likely added selling pressure. Read More. Negative Sentiment: Median analyst targets and positioning: recent medians/targets (Quiver/other services) show some targets below the current price, reinforcing mixed near‑term sentiment. Read More. Analysts Set New Price TargetsSeveral research analysts recently weighed in on the stock. Canaccord Genuity Group upped their target price on shares of Newmont from $115.00 to $140.00 and gave the stock a "buy" rating in a report on Friday, January 23rd. National Bank Financial upped their price objective on Newmont from $120.00 to $140.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 4th. Canadian Imperial Bank of Commerce reissued an "outperform" rating and set a $177.00 target price on shares of Newmont in a research note on Wednesday, February 4th. Scotiabank upped their price target on Newmont from $114.00 to $152.00 and gave the stock an "outperform" rating in a research note on Monday, January 26th. Finally, Citigroup reaffirmed a "buy" rating on shares of Newmont in a report on Monday, January 12th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $132.88.Check Out Our Latest Research Report on NewmontNewmont 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.See AlsoFive stocks we like better than Newmont~$1.5T SpaceX IPO: Pre-IPO OpportunityGold $5,000: The 2026 Gold & Silver Summit is LIVE March 4How a Family Trust May Be Able To Help Preserve Your WealthThis makes me furiousElon Musk: This Could Turn $100 into $100,000Want to see what other hedge funds are holding NEM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Newmont Corporation (NYSE:NEM - Free Report).This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Newmont Right Now?Before you consider Newmont, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Newmont wasn't on the list.While Newmont currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here