21,400 Freeport-McMoRan Inc. $FCX Shares Acquired by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. increased its position in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 26.8% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,270 shares of the natural resource company’s stock after acquiring an additional 21,400 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in Freeport-McMoRan were worth $7,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the company. Bell Investment Advisors Inc increased its stake in shares of Freeport-McMoRan by 111.8% during the 3rd quarter. Bell Investment Advisors Inc now owns 1,080 shares of the natural resource company’s stock worth $76,000 after purchasing an additional 570 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in Freeport-McMoRan in the third quarter worth $26,179,000. ARQ Wealth Advisors LLC bought a new stake in Freeport-McMoRan in the third quarter worth $390,000. Vise Technologies Inc. increased its position in Freeport-McMoRan by 6.0% during the third quarter. Vise Technologies Inc. now owns 100,898 shares of the natural resource company’s stock worth $7,063,000 after buying an additional 5,698 shares during the last quarter. Finally, Moss Adams Wealth Advisors LLC increased its position in Freeport-McMoRan by 17.9% during the third quarter. Moss Adams Wealth Advisors LLC now owns 4,903 shares of the natural resource company’s stock worth $343,000 after buying an additional 746 shares during the last quarter. Institutional investors and hedge funds own 80.77% of the company’s stock.

Freeport-McMoRan Stock Down 0.0%

Shares of FCX stock opened at $62.44 on Monday. Freeport-McMoRan Inc. has a 12 month low of $38.54 and a 12 month high of $80.24. The company has a quick ratio of 0.91, a current ratio of 2.02 and a debt-to-equity ratio of 0.23. The firm has a market cap of $89.67 billion, a PE ratio of 26.24, a price-to-earnings-growth ratio of 0.57 and a beta of 1.38. The stock has a 50 day moving average of $71.59 and a 200-day moving average of $65.24.

Freeport-McMoRan (NYSE:FCX) last announced its earnings results on Tuesday, October 27th. The natural resource company reported $0.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.82 by $0.06. Freeport-McMoRan had a net margin of 13.03% and a return on equity of 12.09%. The business had revenue of $7.55 billion for the quarter, compared to analyst estimates of $7.36 billion. During the same quarter in the previous year, the firm posted $0.50 earnings per share. Freeport-McMoRan’s revenue was up 8.2% compared to the same quarter last year. On average, equities analysts predict that Freeport-McMoRan Inc. will post 3.04 EPS for the current year.

Freeport-McMoRan Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Investors of record on Thursday, October 15th will be given a dividend of $0.0750 per share. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio (DPR) is 12.61%.

Key Headlines Impacting Freeport-McMoRan

Here are the key news stories impacting Freeport-McMoRan this week:

• Positive Sentiment: Freeport-McMoRan’s third-quarter results exceeded expectations, with earnings per share of roughly $0.81–$0.88 on $7.55 billion in revenue, supported by stronger copper economics and year-over-year revenue growth. The company’s Grasberg recovery is also advancing, which could improve production and cash flow over time. Freeport-McMoRan Q3 2026 Earnings
• Positive Sentiment: Wells Fargo reportedly maintained a Buy view on FCX, while UBS retained its Buy rating despite reducing its price target to $85 from $88. The targets remain above the recent trading level, indicating analysts still see potential upside if copper prices and Grasberg operations remain favorable. Freeport-McMoRan Receives a Buy from Wells Fargo UBS Adjusts Freeport-McMoRan Price Target
• Neutral Sentiment: FCX was included among non-ferrous mining stocks worth watching despite a weak near-term industry outlook. The list highlights the company’s growth potential but also underscores the challenging backdrop for metal producers. 5 Non-Ferrous Metal Mining Stocks to Watch
• Negative Sentiment: Freeport reduced its copper-sales outlook even as Grasberg recovery progresses. That combination raises concerns about near-term production, shipment timing and the pace at which the mine will contribute to results. Freeport Trims Copper Sales Outlook
• Negative Sentiment: UBS and Wells Fargo lowered their expectations for FCX’s share price, adding pressure after the stock’s strong run. A separate analysis argued that the anticipated Grasberg recovery may already be reflected in the valuation, with a relatively high earnings multiple leaving less room for disappointment. UBS Forecast for Freeport-McMoRan Freeport-McMoRan Q3 Analysis

Analyst Ratings Changes

A number of brokerages have weighed in on FCX. Barclays boosted their price target on Freeport-McMoRan from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Monday, October 19th. Royal Bank Of Canada increased their price objective on Freeport-McMoRan from $73.00 to $85.00 and gave the company a “sector perform” rating in a report on Wednesday, September 16th. Morgan Stanley boosted their target price on Freeport-McMoRan from $70.00 to $75.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 7th. Wells Fargo & Company dropped their price target on shares of Freeport-McMoRan from $87.00 to $79.00 and set an “overweight” rating on the stock in a research report on Wednesday, October 28th. Finally, Weiss Ratings cut shares of Freeport-McMoRan from a “buy (b)” rating to a “buy (b-)” rating in a research note on Friday. One analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, Freeport-McMoRan currently has an average rating of “Moderate Buy” and a consensus target price of $75.67.

Insider Transactions at Freeport-McMoRan

In other news, Director Lydia H. Kennard sold 3,798 shares of Freeport-McMoRan stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $79.11, for a total transaction of $300,459.78. Following the sale, the director directly owned 122,702 shares in the company, valued at approximately $9,706,955.22. The trade was a 3.00% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Douglas N. Currault II sold 80,000 shares of the company’s stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $78.56, for a total transaction of $6,284,800.00. Following the completion of the sale, the executive vice president directly owned 211,016 shares in the company, valued at approximately $16,577,416.96. The trade was a 27.49% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 102,848 shares of company stock valued at $7,911,621. Company insiders own 0.73% of the company’s stock.

About Freeport-McMoRan

Freeport-McMoRan Inc (NYSE: FCX) is a global mining company primarily engaged in the exploration, development, and production of copper. Copper is used extensively in electrical wiring, construction, transportation, renewable energy systems, and other industrial applications. The company also produces gold and molybdenum, a metal used in steelmaking and other industrial processes, as well as certain other byproducts.

Freeport-McMoRan operates a portfolio of mining and processing assets in North America, South America, and Indonesia.