Villere ST Denis J & Co. LLC Trims Position in Freeport-McMoRan Inc. $FCX

Villere ST Denis J & Co. LLC trimmed its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 4.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 722,091 shares of the natural resource company’s stock after selling 33,973 shares during the quarter. Freeport-McMoRan accounts for about 3.7% of Villere ST Denis J & Co. LLC’s portfolio, making the stock its 5th largest position. Villere ST Denis J & Co. LLC’s holdings in Freeport-McMoRan were worth $36,675,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Steigerwald Gordon & Koch Inc. bought a new stake in Freeport-McMoRan during the 3rd quarter worth approximately $25,000. Salomon & Ludwin LLC grew its holdings in Freeport-McMoRan by 1,962.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 722 shares of the natural resource company’s stock worth $29,000 after acquiring an additional 687 shares during the last quarter. JPL Wealth Management LLC bought a new stake in Freeport-McMoRan during the 3rd quarter worth approximately $33,000. YANKCOM Partnership grew its holdings in Freeport-McMoRan by 83.3% during the 4th quarter. YANKCOM Partnership now owns 869 shares of the natural resource company’s stock worth $44,000 after acquiring an additional 395 shares during the last quarter. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in Freeport-McMoRan during the 3rd quarter worth approximately $36,000. 80.77% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FCX. Bank of America boosted their target price on shares of Freeport-McMoRan from $68.00 to $81.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Freeport-McMoRan from $58.00 to $72.00 and gave the company a “buy” rating in a research note on Wednesday, April 15th. Scotiabank reduced their price objective on shares of Freeport-McMoRan from $72.00 to $71.00 and set a “sector perform” rating on the stock in a research note on Tuesday, April 14th. HSBC upped their price objective on shares of Freeport-McMoRan from $69.00 to $72.00 and gave the company a “buy” rating in a research note on Tuesday, April 14th. Finally, UBS Group cut their target price on shares of Freeport-McMoRan from $70.00 to $66.00 and set a “buy” rating on the stock in a research note on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $66.26.

Freeport-McMoRan Stock Performance

Shares of FCX stock opened at $70.26 on Thursday. The firm has a 50-day moving average of $62.51 and a 200-day moving average of $53.58. The company has a market cap of $100.98 billion, a P/E ratio of 46.53, a P/E/G ratio of 0.78 and a beta of 1.48. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.29 and a quick ratio of 1.05. Freeport-McMoRan Inc. has a one year low of $34.45 and a one year high of $70.96.

Freeport-McMoRan (NYSE:FCX) last announced its earnings results on Thursday, January 22nd. The natural resource company reported $0.47 EPS for the quarter, beating the consensus estimate of $0.28 by $0.19. Freeport-McMoRan had a net margin of 8.50% and a return on equity of 8.50%. The company had revenue of $5.63 billion during the quarter, compared to the consensus estimate of $5.42 billion. During the same quarter in the prior year, the company posted $0.31 earnings per share. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. Equities research analysts forecast that Freeport-McMoRan Inc. will post 2.54 EPS for the current fiscal year.

Freeport-McMoRan Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 1st. Investors of record on Wednesday, April 15th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date is Wednesday, April 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is 19.87%.

Trending Headlines about Freeport-McMoRan

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

• Positive Sentiment: Deutsche Bank boosted its price target to $72 and kept a Buy rating, and several retail-oriented pieces named FCX a top “beginner” stock — a positive catalyst from the sell-side that supports upside expectations ahead of Q1 results. Is Freeport-McMoRan (FCX) the Best Beginner Stock to Buy Right Now?
• Positive Sentiment: Copper tailwinds and project execution: recent coverage comparing FCX with BHP highlights that strong copper prices and available cash flow are enabling growth projects — a structural demand story that supports higher longer?term valuation for miners like FCX. FCX vs. BHP: Which Copper Mining Giant Should You Invest in Now?
• Neutral Sentiment: Industry comparison coverage (duplicate analysis in Zacks) reiterates the same positives for FCX vs. major peers but adds emphasis on capital discipline and project timelines — helpful context but not an immediate catalyst. FCX vs. BHP (Zacks)
• Neutral Sentiment: Pre?earnings previews expect Q1 results to show benefits from higher realized copper prices, but warn of cost and volume pressures that could temper the beat-or-miss risk around the report. This keeps the earnings event a key short-term volatility driver. Should You Buy, Sell or Hold FCX Stock Ahead of Q1 Earnings?
• Negative Sentiment: Scotiabank trimmed its FY2026 and FY2027 EPS estimates slightly (now below consensus) and retained a Sector Perform rating with a ~$71 target — a modest downward revision that could cap near-term upside if other brokers follow suit. MarketBeat – FCX analyst note
• Neutral Sentiment: General company profile pages (Barron’s/company data) were updated but contain no new material company-specific news; useful for background but unlikely to move the stock. Barron’s – Freeport-McMoRan

Insider Buying and Selling at Freeport-McMoRan

In other news, CFO Maree E. Robertson sold 48,500 shares of Freeport-McMoRan stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $61.55, for a total value of $2,985,175.00. Following the completion of the transaction, the chief financial officer owned 79,894 shares in the company, valued at $4,917,475.70. This trade represents a 37.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Stephen T. Higgins sold 29,654 shares of Freeport-McMoRan stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $63.00, for a total transaction of $1,868,202.00. Following the completion of the transaction, the chief accounting officer owned 76,445 shares of the company’s stock, valued at $4,816,035. The trade was a 27.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 565,145 shares of company stock valued at $35,839,918 in the last three months. 0.75% of the stock is owned by corporate insiders.

Freeport-McMoRan Company Profile

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.