Capital Research Global Investors Has $349.71 Million Position in Newmont Corporation $NEM

NodeGuardian · 2026-03-11T15:59:50+00:00

Capital Research Global Investors cut its Newmont Corporation stake by 10.8%, while other institutions increased theirs. Newmont surpassed earnings estimates and raised its dividend amid mixed institutional sentiment and macro challenges.

NodeGuardian

2026-03-11 15:59:50

Abstract generation in progress

Capital Research Global Investors significantly reduced its stake in Newmont Corporation by 10.8% in the third quarter, holding 4,147,847 shares valued at $349.71 million. Other institutional investors like Norges Bank and Invesco Ltd. either acquired new stakes or increased their holdings, reflecting mixed institutional sentiment. Newmont recently beat analysts’ earnings estimates, increased its quarterly dividend, and has received multiple price target upgrades from analysts, despite an increase in short interest and some macroeconomic headwinds.

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