Corient Private Wealth LLC Sells 33,545 Shares of Freeport-McMoRan Inc. $FCX

Corient Private Wealth LLC decreased its holdings in Freeport-McMoRan Inc. (NYSE:FCX) by 21.2% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 124,354 shares of the natural resource company’s stock after selling 33,545 shares during the period. Corient Private Wealth LLC’s holdings in Freeport-McMoRan were worth $5,391,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings in Freeport-McMoRan by 24.2% during the fourth quarter. Brighton Jones LLC now owns 14,807 shares of the natural resource company’s stock worth $564,000 after buying an additional 2,882 shares during the period. Bison Wealth LLC boosted its stake in shares of Freeport-McMoRan by 5.6% in the fourth quarter. Bison Wealth LLC now owns 9,616 shares of the natural resource company’s stock worth $366,000 after buying an additional 507 shares during the last quarter. Capital Analysts LLC grew its position in shares of Freeport-McMoRan by 12.5% during the 1st quarter. Capital Analysts LLC now owns 2,550 shares of the natural resource company’s stock valued at $96,000 after acquiring an additional 284 shares during the period. Summit Financial LLC grew its position in shares of Freeport-McMoRan by 1.0% in the first quarter. Summit Financial LLC now owns 51,151 shares of the natural resource company’s stock valued at $1,937,000 after purchasing an additional 493 shares during the period. Finally, CW Advisors LLC boosted its stake in Freeport-McMoRan by 38.4% during the 1st quarter. CW Advisors LLC now owns 14,378 shares of the natural resource company’s stock worth $553,000 after purchasing an additional 3,986 shares during the last quarter. 80.77% of the stock is currently owned by institutional investors.

Freeport-McMoRan Trading Up 2.5%

Shares of Freeport-McMoRan stock opened at $49.14 on Friday. The company has a 50-day moving average of $42.56 and a two-hundred day moving average of $42.76. The stock has a market cap of $70.56 billion, a PE ratio of 34.60, a price-to-earnings-growth ratio of 1.11 and a beta of 1.49. Freeport-McMoRan Inc. has a 12-month low of $27.66 and a 12-month high of $49.64. The company has a current ratio of 2.45, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29.

Freeport-McMoRan (NYSE:FCX) last posted its earnings results on Thursday, October 23rd. The natural resource company reported $0.50 earnings per share for the quarter, beating the consensus estimate of $0.41 by $0.09. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The company had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.74 billion. During the same quarter in the prior year, the company earned $0.38 earnings per share. Freeport-McMoRan’s revenue was up 2.7% compared to the same quarter last year. On average, research analysts anticipate that Freeport-McMoRan Inc. will post 1.68 EPS for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 15th. Freeport-McMoRan’s payout ratio is 21.13%.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Wall Street Zen lowered shares of Freeport-McMoRan from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Raymond James Financial reaffirmed an “outperform” rating on shares of Freeport-McMoRan in a research report on Monday, December 15th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Freeport-McMoRan in a report on Wednesday, November 26th. Morgan Stanley restated an “overweight” rating and set a $53.00 price objective on shares of Freeport-McMoRan in a research report on Monday, December 15th. Finally, CICC Research decreased their target price on Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating for the company in a research report on Friday, September 26th. Four research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Freeport-McMoRan presently has an average rating of “Buy” and an average target price of $49.11.

Freeport-McMoRan News Roundup

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

• Positive Sentiment: Stock has reached a fresh 52‑week high, reflecting strong momentum and bullish investor sentiment around copper fundamentals. Read More.
• Positive Sentiment: Unusual/options “whale” activity shows concentrated bullish bets, which can amplify upside intraday and signal institutional conviction. Read More.
• Positive Sentiment: Analyst commentary (BMO cited) and MarketBeat coverage point to a recovery after operational news (Grasberg closure) and higher copper prices as a multi‑quarter tailwind for earnings. Read More. • Read More.
• Positive Sentiment: Company announced a quarterly cash dividend (small yield) — supports income investors and signals free‑cash‑flow availability. (Record/ex‑dividend dates disclosed in the release)
• Neutral Sentiment: Mixed short‑term market signals: some outlets report moderately bullish intraday activity while others note mixed options sentiment — suggests short‑term volatility remains likely. Read More. • Read More.
• Neutral Sentiment: Sector commentary flagged a couple of materials names as potential Q4 downside — worth monitoring for broader sector flows, but impact on FCX is uncertain. Read More.
• Negative Sentiment: Multiple law firms have filed or issued investor alerts about securities‑fraud class actions (alleged misstatements covering Feb 15, 2022–Sept 24, 2025) and are soliciting lead plaintiffs — elevated legal overhang could pressure the stock if filings lead to a major settlement or increased litigation costs. Representative filing/notice: Read More.

Insider Buying and Selling at Freeport-McMoRan

In related news, CAO Stephen T. Higgins sold 28,423 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.99, for a total value of $1,364,019.77. Following the completion of the transaction, the chief accounting officer owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. The trade was a 21.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Ellie L. Mikes sold 9,572 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.66, for a total transaction of $456,201.52. Following the completion of the transaction, the chief accounting officer owned 38,761 shares in the company, valued at approximately $1,847,349.26. This trade represents a 19.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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.