Sociedad Quimica y Minera (NYSE:SQM) Price Target Raised to $100.00

Sociedad Quimica y Minera (NYSE:SQM) had its price target lifted by Scotiabank from $90.00 to $100.00 in a research note published on Wednesday,Benzinga reports. The brokerage currently has a sector outperform rating on the basic materials company’s stock. Scotiabank also issued estimates for Sociedad Quimica y Minera’s Q1 2026 earnings at $1.22 EPS, FY2026 earnings at $6.24 EPS and FY2027 earnings at $7.52 EPS.

Several other research firms have also recently issued reports on SQM. JPMorgan Chase & Co. lifted their price objective on shares of Sociedad Quimica y Minera from $79.00 to $93.00 and gave the company an “overweight” rating in a research report on Tuesday, January 20th. Deutsche Bank Aktiengesellschaft lifted their price target on shares of Sociedad Quimica y Minera from $88.00 to $91.00 and gave the company a “buy” rating in a report on Wednesday, January 21st. The Goldman Sachs Group restated a “neutral” rating and set a $63.00 price target (up from $45.00) on shares of Sociedad Quimica y Minera in a report on Thursday, December 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Sociedad Quimica y Minera in a report on Monday, December 29th. Finally, Citigroup downgraded shares of Sociedad Quimica y Minera from a “buy” rating to a “neutral” rating and upped their price objective for the company from $51.00 to $74.00 in a report on Friday, December 12th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $70.63.

Sociedad Quimica y Minera Stock Down 0.3%

Sociedad Quimica y Minera stock opened at $70.44 on Wednesday. Sociedad Quimica y Minera has a one year low of $29.36 and a one year high of $86.13. The stock has a fifty day moving average of $75.24 and a 200 day moving average of $59.62. The company has a debt-to-equity ratio of 0.52, a quick ratio of 1.88 and a current ratio of 3.27. The stock has a market cap of $20.12 billion, a PE ratio of 34.36 and a beta of 0.99.

Sociedad Quimica y Minera (NYSE:SQM) last released its earnings results on Friday, February 27th. The basic materials company reported $0.64 earnings per share for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.11). Sociedad Quimica y Minera had a net margin of 12.85% and a return on equity of 9.69%. The firm had revenue of $1.32 billion for the quarter, compared to analysts’ expectations of $1.24 billion. During the same quarter last year, the firm posted $0.42 EPS. The firm’s quarterly revenue was up 23.3% compared to the same quarter last year. As a group, sell-side analysts predict that Sociedad Quimica y Minera will post -1.31 EPS for the current year.

Sociedad Quimica y Minera Announces Dividend

The company also recently disclosed a special dividend, which was paid on Monday, January 5th. Shareholders of record on Tuesday, December 30th were issued a dividend of $0.1236 per share. The ex-dividend date of this dividend was Tuesday, December 30th. Sociedad Quimica y Minera’s dividend payout ratio (DPR) is presently 5.85%.

Institutional Investors Weigh In On Sociedad Quimica y Minera

Several large investors have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd purchased a new position in Sociedad Quimica y Minera in the fourth quarter worth $29,000. GAMMA Investing LLC boosted its holdings in Sociedad Quimica y Minera by 138.4% during the fourth quarter. GAMMA Investing LLC now owns 441 shares of the basic materials company’s stock worth $30,000 after buying an additional 256 shares in the last quarter. Fulcrum Asset Management LLP acquired a new position in Sociedad Quimica y Minera during the third quarter worth about $43,000. Signaturefd LLC grew its position in Sociedad Quimica y Minera by 37.0% during the fourth quarter. Signaturefd LLC now owns 656 shares of the basic materials company’s stock worth $45,000 after buying an additional 177 shares during the period. Finally, Triumph Capital Management purchased a new position in Sociedad Quimica y Minera in the 3rd quarter valued at approximately $49,000. 12.41% of the stock is owned by institutional investors and hedge funds.

About Sociedad Quimica y Minera

Sociedad Química y Minera de Chile SA (NYSE: SQM) is a leading global producer of specialty chemicals and minerals headquartered in Santiago, Chile. The company focuses on the extraction and processing of key inputs for the agricultural, industrial and high?tech sectors. Its core business activities include the mining of lithium, potassium and iodine, as well as the manufacture of value?added products derived from these raw materials.

SQM’s product portfolio spans lithium carbonate and lithium hydroxide used in electric vehicle batteries and energy storage systems; potassium chloride and potassium nitrate fertilizers designed for precision agriculture; and iodine and its derivatives for pharmaceutical, food and electronics applications.