Freeport-McMoRan Inc. $FCX Stock Sold by PKO BP BANKOWY Universal Pension Society JSC

PKO BP BANKOWY Universal Pension Society JSC trimmed its position in Freeport-McMoRan Inc. (NYSE:FCX) by 16.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 440,626 shares of the natural resource company’s stock after selling 87,129 shares during the quarter. Freeport-McMoRan makes up approximately 9.1% of PKO BP BANKOWY Universal Pension Society JSC’s portfolio, making the stock its 3rd largest position. PKO BP BANKOWY Universal Pension Society JSC’s holdings in Freeport-McMoRan were worth $30,844,000 at the end of the most recent reporting period.

Other large investors have also made changes to their positions in the company. Fifth Third Bancorp lifted its position in Freeport-McMoRan by 34.5% during the 1st quarter. Fifth Third Bancorp now owns 1,062,916 shares of the natural resource company’s stock worth $62,478,000 after acquiring an additional 272,726 shares during the last quarter. Iowa State Bank raised its stake in shares of Freeport-McMoRan by 50.7% in the 3rd quarter. Iowa State Bank now owns 50,144 shares of the natural resource company’s stock valued at $3,510,000 after buying an additional 16,868 shares in the last quarter. Barrow Hanley Mewhinney & Strauss LLC lifted its stake in Freeport-McMoRan by 1.4% during the second quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 9,970,872 shares of the natural resource company’s stock worth $627,068,000 after purchasing an additional 141,738 shares during the period. HighTower Advisors LLC grew its position in Freeport-McMoRan by 17.1% in the second quarter. HighTower Advisors LLC now owns 1,249,858 shares of the natural resource company’s stock valued at $78,604,000 after acquiring an additional 182,714 shares during the period. Finally, Robinhood Asset Management LLC acquired a new stake in shares of Freeport-McMoRan during the 2nd quarter worth about $16,746,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

More Freeport-McMoRan News

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

• Positive Sentiment: JPMorgan Chase raised its price target for Freeport-McMoRan from $77 to $92 and maintained an “overweight” rating, implying substantial potential upside. The higher target supports the bullish case for FCX and is likely the most significant catalyst in the recent coverage. Freeport-McMoRan Stock Gets Price Target Bump from JPMorgan Chase & Co.
• Positive Sentiment: A Morgan Stanley analyst said Freeport-McMoRan’s stock is expected to rise, adding another favorable Wall Street view and reinforcing investor optimism around the copper and mining company. Freeport-McMoRan Stock Price Expected to Rise, Morgan Stanley Analyst Says
• Neutral Sentiment: FCX remains a closely watched stock among Zacks users, suggesting elevated investor interest. However, the report does not provide a new operating or valuation catalyst. Is Trending Stock Freeport-McMoRan Inc. (FCX) a Buy Now?
• Negative Sentiment: Zacks Research lowered EPS estimates across several periods, including Q3 2026 to $0.61 from $0.63, FY2026 to $2.50 from $2.52, FY2027 to $3.47 from $3.54, and FY2028 to $3.41 from $3.52. Estimates for multiple 2027 and 2028 quarters were also reduced, signaling somewhat softer expected earnings momentum. Freeport-McMoRan Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Freeport-McMoRan recently underperformed the broader market in a session that ended lower, highlighting short-term volatility despite the more constructive analyst price targets.

Freeport-McMoRan Trading Up 3.4%

Shares of FCX stock traded up $2.40 on Friday, reaching $73.54. 3,627,516 shares of the stock were exchanged, compared to its average volume of 16,246,257. The stock has a market cap of $105.60 billion, a PE ratio of 36.22, a P/E/G ratio of 0.69 and a beta of 1.39. Freeport-McMoRan Inc. has a one year low of $38.54 and a one year high of $80.24. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.07 and a quick ratio of 0.92. The stock has a 50 day moving average price of $71.56 and a 200 day moving average price of $66.05.

Freeport-McMoRan (NYSE:FCX) last issued its quarterly earnings results on Thursday, July 23rd. The natural resource company reported $0.74 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.62 by $0.12. The business had revenue of $7.03 billion for the quarter, compared to analyst estimates of $6.62 billion. Freeport-McMoRan had a return on equity of 10.63% and a net margin of 11.39%.The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. Equities research analysts forecast that Freeport-McMoRan Inc. will post 2.87 EPS for the current fiscal year.

Freeport-McMoRan Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, November 2nd. Stockholders of record on Thursday, October 15th will be paid a $0.0750 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, October 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is 14.78%.

Insider Buying and Selling at Freeport-McMoRan

In related news, Director Lydia Kennard sold 3,798 shares of the business’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $79.11, for a total transaction of $300,459.78. Following the completion of the sale, the director directly owned 122,702 shares of the company’s stock, valued at $9,706,955.22. The trade was a 3.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CAO Stephen Higgins sold 14,277 shares of the stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $69.50, for a total transaction of $992,251.50. Following the completion of the transaction, the chief accounting officer owned 54,618 shares in the company, valued at $3,795,951. This represents a 20.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 110,398 shares of company stock worth $8,387,271 in the last 90 days. Corporate insiders own 0.73% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. UBS Group boosted their target price on Freeport-McMoRan from $77.00 to $88.00 and gave the stock a “buy” rating in a report on Thursday. Royal Bank Of Canada boosted their price objective on Freeport-McMoRan from $73.00 to $85.00 and gave the stock a “sector perform” rating in a research note on Wednesday, September 16th. Citigroup increased their target price on Freeport-McMoRan from $66.00 to $84.00 and gave the stock a “buy” rating in a report on Monday. Erste Group Bank started coverage on Freeport-McMoRan in a research note on Thursday, August 27th. They issued a “buy” rating for the company. Finally, BMO Capital Markets lifted their price target on Freeport-McMoRan from $78.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday, September 29th. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $76.22.

About Freeport-McMoRan

Freeport-McMoRan Inc (NYSE: FCX) is a leading international mining company focused primarily on the exploration, development and production of copper, gold and molybdenum. Copper is its principal product and is used in electrical systems, construction, transportation, renewable energy infrastructure and other industrial applications. The company also produces copper cathodes and concentrates, gold, molybdenum products and certain quantities of silver and other byproducts.

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