Southern Copper Corporation $SCCO Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. decreased its stake in Southern Copper Corporation (NYSE:SCCO) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 433,404 shares of the basic materials company’s stock after selling 7,868 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.05% of Southern Copper worth $87,825,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in SCCO. BlackRock Inc. purchased a new position in shares of Southern Copper during the 2nd quarter valued at about $1,729,500,000. Bank of America Corp DE purchased a new stake in Southern Copper in the 2nd quarter worth approximately $318,448,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Southern Copper by 2.2% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,290,648 shares of the basic materials company’s stock worth $224,908,000 after acquiring an additional 27,744 shares in the last quarter. Legal & General Group Plc bought a new stake in Southern Copper during the 2nd quarter worth approximately $149,739,000. Finally, Bollard Group LLC raised its stake in Southern Copper by 14.0% during the 1st quarter. Bollard Group LLC now owns 861,950 shares of the basic materials company’s stock worth $148,307,000 after acquiring an additional 105,763 shares during the period. Institutional investors own 7.94% of the company’s stock.

Insiders Place Their Bets

In other Southern Copper news, Director Luis Palomino Bonilla sold 202 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total transaction of $39,751.28. Following the completion of the sale, the director directly owned 1,723 shares of the company’s stock, valued at $339,066.65. This trade represents a 10.49% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. In the last ninety days, insiders sold 704 shares of company stock valued at $138,077. Corporate insiders own 0.07% of the company’s stock.

Key Southern Copper News

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Results substantially exceeded expectations. Third-quarter earnings were $2.15 per share versus estimates of approximately $2.00–$2.04, while revenue reached a record $4.70 billion, up 39.1% year over year. Net income rose 62.7% to $1.80 billion, supported by higher metal prices. Southern Copper Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Cash generation and shareholder returns improved. Operating cash flow increased 42.6% to $2.22 billion. The board approved a $1.30 quarterly cash dividend and a 1.06% stock dividend, payable November 19, 2026. Southern Copper Posts Record Third-Quarter Sales
• Positive Sentiment: Long-term copper growth remains a catalyst. Coverage highlighted Southern Copper’s plans to reach one million tonnes of annual production, while the ongoing copper bull market could support revenue and earnings if prices remain elevated. Southern Copper Sets Its Sights on One Million Tonnes of Annual Output
• Neutral Sentiment: Production was mixed. Third-quarter copper output declined 1.1% to 232,396 tonnes, although capital investment increased 47.7% to $515.8 million, indicating continued spending on expansion.
• Negative Sentiment: Valuation and execution risks are weighing on sentiment. Bank of America maintained a Sell rating, citing SCCO’s rich valuation and delays to development projects, with a $203 price target. Southern Copper Record Results but Valuation and Project Delays Drive Sell Rating
• Negative Sentiment: Some targets imply downside. JPMorgan raised its target to $154, still substantially below recent trading levels, reinforcing concerns that strong earnings may already be priced in. JPMorgan Raises Southern Copper Price Target

Southern Copper Stock Performance

NYSE SCCO opened at $197.74 on Thursday. The firm has a market cap of $164.98 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11. The company has a quick ratio of 4.56, a current ratio of 5.06 and a debt-to-equity ratio of 0.63. The business has a 50-day moving average price of $201.58 and a 200-day moving average price of $188.11. Southern Copper Corporation has a twelve month low of $119.25 and a twelve month high of $223.88.

Shares of Southern Copper are set to split on the morning of Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly minted shares will be distributed to shareholders after the closing bell on Monday, November 2nd.

Southern Copper (NYSE:SCCO) last issued its earnings results on Wednesday, October 21st. The basic materials company reported $2.15 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.02 by $0.13. The company had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.49 billion. Southern Copper had a return on equity of 49.04% and a net margin of 35.87%. As a group, equities research analysts predict that Southern Copper Corporation will post 7.92 EPS for the current fiscal year.

Southern Copper Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Shareholders of record on Tuesday, November 3rd will be paid a $1.30 dividend. This represents a $5.20 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, November 3rd. This is a positive change from Southern Copper’s previous quarterly dividend of $1.10. Southern Copper’s dividend payout ratio is currently 64.33%.

Analyst Ratings Changes

Several equities analysts have weighed in on the stock. Zacks Research downgraded shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a report on Friday, August 7th. Morgan Stanley reissued an “underweight” rating and issued a $170.00 price objective on shares of Southern Copper in a research note on Wednesday, October 7th. Wall Street Zen raised shares of Southern Copper from a “hold” rating to a “buy” rating in a research note on Saturday, October 10th. CICC Research downgraded shares of Southern Copper to a “market perform” rating in a research report on Sunday, July 26th. Finally, Citigroup restated a “positive” rating on shares of Southern Copper in a research report on Wednesday, July 15th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Reduce” and a consensus target price of $160.95.

About Southern Copper

Southern Copper Corporation (NYSE:SCCO) is a mining and metals company engaged primarily in the exploration, development, extraction, processing and production of copper. The company also produces molybdenum, zinc, silver and lead, along with related byproducts. Its operations include open-pit mines, underground mines, concentrators, smelters, refineries and other processing facilities.

Southern Copper operates mainly in Peru and Mexico. Its Peruvian assets include the Toquepala and Cuajone copper mines, while its Mexican operations include the Buenavista del Cobre and La Caridad mines, as well as associated processing and infrastructure facilities.