Freeport-McMoRan Inc. $FCX Shares Bought by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC lifted its position in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 1.6% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,052,252 shares of the natural resource company’s stock after purchasing an additional 79,344 shares during the period. Allspring Global Investments Holdings LLC owned about 0.35% of Freeport-McMoRan worth $197,493,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Callan Family Office LLC boosted its stake in Freeport-McMoRan by 229.9% during the 2nd quarter. Callan Family Office LLC now owns 26,983 shares of the natural resource company’s stock valued at $1,170,000 after acquiring an additional 18,803 shares during the last quarter. New York Life Investment Management LLC grew its position in shares of Freeport-McMoRan by 11.8% during the second quarter. New York Life Investment Management LLC now owns 215,058 shares of the natural resource company’s stock worth $9,323,000 after acquiring an additional 22,766 shares during the last quarter. Arrow Capital Pty Ltd boosted its position in shares of Freeport-McMoRan by 88.5% during the second quarter. Arrow Capital Pty Ltd now owns 113,100 shares of the natural resource company’s stock worth $4,903,000 after buying an additional 53,100 shares during the period. Bourgeon Capital Management LLC grew its stake in shares of Freeport-McMoRan by 8.1% in the second quarter. Bourgeon Capital Management LLC now owns 331,549 shares of the natural resource company’s stock worth $14,373,000 after purchasing an additional 24,803 shares in the last quarter. Finally, Foster Victor Wealth Advisors LLC increased its holdings in shares of Freeport-McMoRan by 5.7% during the third quarter. Foster Victor Wealth Advisors LLC now owns 383,488 shares of the natural resource company’s stock valued at $15,213,000 after purchasing an additional 20,586 shares during the period. 80.77% of the stock is currently owned by hedge funds and other institutional investors.

Freeport-McMoRan News Roundup

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

• Positive Sentiment: Recent commodity-led gains: Copper strength and progress at the Grasberg mine have helped push FCX sharply higher over the last quarter, underpinning the stock’s multi‑month rally. Freeport Stock Rises 35% in 3 Months
• Positive Sentiment: Cyclicals and metals tailwinds: Coverage highlighting surging copper, gold and silver sees Freeport as a primary beneficiary of higher metal prices and long‑term demand — a core bullish fundamental for investors targeting miners. Gold, Silver, and Copper Are Surging—Here Are 3 Smart Ways to Play It
• Positive Sentiment: Short‑term momentum: Week‑end reports show FCX among top performers after copper hit fresh highs, supporting near‑term momentum for the stock. Freeport Climbs on Copper Jump
• Neutral Sentiment: Market context: Broader futures and index swings are keeping trading volatile; headline risk in the tape is influencing intraday moves rather than company fundamentals alone. Stock Market Today: Futures Mixed
• Negative Sentiment: Multiple securities‑fraud class actions and lead‑plaintiff deadlines: Several law firms have filed or announced investigations and are urging investors to seek lead‑plaintiff roles with a Jan. 12, 2026 deadline — a persistent legal overhang that can pressure the stock and increase event risk. Glancy Prongay & Murray Deadline Alert
• Negative Sentiment: Additional law‑firm actions: Multiple firms (Faruqi & Faruqi; Levi & Korsinsky; Schall; Frank R. Cruz) have issued notices about the same class period — consolidation of suits, discovery and legal costs could create headline volatility and potential financial exposure. Faruqi & Faruqi Investigation
• Negative Sentiment: Insider selling: Recent filings show roughly US$2.2M of insider share sales, which some investors interpret as management/insider hedging or hesitancy and can dampen sentiment. Insider Sales Report
• Negative Sentiment: Technical/resistance risk and legacy safety issues: Technical commentary flags resistance near ~$53 and the potential for a short‑term pullback; investors remain mindful of the earlier Grasberg mine disaster and ongoing operational/PR risks despite recovery progress. Technical Analysis: Is FCX About To Sell-off?

Insider Activity

In related news, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.66, for a total transaction of $456,201.52. Following the sale, the chief accounting officer directly owned 38,761 shares of the company’s stock, valued at $1,847,349.26. This trade represents a 19.80% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Stephen T. Higgins sold 28,423 shares of the company’s stock in a transaction on 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 $5,053,059.06. The trade was a 21.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.79% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on FCX. Raymond James Financial reiterated an “outperform” rating on shares of Freeport-McMoRan in a research note on Monday, December 15th. Royal Bank Of Canada dropped their price target on Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating on the stock in a research note on Wednesday, October 1st. Dbs Bank cut their price objective on Freeport-McMoRan from $51.00 to $48.00 in a report on Thursday, October 2nd. Bank of America upgraded shares of Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $42.00 target price for the company in a report on Tuesday, September 30th. Finally, BNP Paribas Exane decreased their price objective on Freeport-McMoRan from $58.00 to $56.00 and set an “outperform” rating for the company in a research report on Friday, December 5th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Freeport-McMoRan presently has a consensus rating of “Buy” and an average price target of $49.49.

Freeport-McMoRan Stock Down 0.2%

FCX opened at $51.40 on Wednesday. The firm has a market cap of $73.80 billion, a P/E ratio of 36.20, a price-to-earnings-growth ratio of 1.16 and a beta of 1.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45. The business has a 50 day moving average price of $43.95 and a 200 day moving average price of $43.27. Freeport-McMoRan Inc. has a twelve month low of $27.66 and a twelve month high of $53.76.

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

Freeport-McMoRan Cuts Dividend

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

About Freeport-McMoRan

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.