Freeport-McMoRan Inc. $FCX Shares Sold by D.A. Davidson & CO.

D.A. Davidson & CO. lowered its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 13.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 185,895 shares of the natural resource company’s stock after selling 28,841 shares during the period. D.A. Davidson & CO.’s holdings in Freeport-McMoRan were worth $7,291,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main raised its holdings in Freeport-McMoRan by 89.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 17,569,169 shares of the natural resource company’s stock valued at $761,623,000 after acquiring an additional 8,292,873 shares in the last quarter. Mizuho Markets Cayman LP purchased a new stake in shares of Freeport-McMoRan in the 2nd quarter valued at approximately $159,147,000. Crake Asset Management LLP raised its holdings in shares of Freeport-McMoRan by 60.6% in the 2nd quarter. Crake Asset Management LLP now owns 9,522,673 shares of the natural resource company’s stock valued at $412,808,000 after purchasing an additional 3,593,050 shares in the last quarter. Voya Investment Management LLC lifted its position in shares of Freeport-McMoRan by 289.0% during the 3rd quarter. Voya Investment Management LLC now owns 3,844,504 shares of the natural resource company’s stock worth $150,781,000 after purchasing an additional 2,856,302 shares during the last quarter. Finally, AQR Capital Management LLC lifted its position in shares of Freeport-McMoRan by 205.0% during the 2nd quarter. AQR Capital Management LLC now owns 4,186,621 shares of the natural resource company’s stock worth $181,490,000 after purchasing an additional 2,813,845 shares during the last quarter. 80.77% of the stock is owned by institutional investors and hedge funds.

Freeport-McMoRan News Summary

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

• Positive Sentiment: Analyst upgrade / earnings outlook — Jefferies updated models after Freeport’s provisional Q4 disclosure and expects fourth‑quarter results to beat consensus on stronger realized copper and gold prices, supporting upside to EPS estimates. Freeport EPS expected to outperform as Grasberg ramp-up delayed
• Positive Sentiment: Unusually large call buying — Tuesday’s options flow showed ~101,726 calls traded (≈29% above average), signalling sizable bullish bets that can amplify intraday upside and momentum in the equity.
• Positive Sentiment: Momentum / technicals — reports that FCX hit a 52‑week high are attracting momentum buyers and algorithmic flows, which can push the stock higher near key technical levels. Freeport McMoRan stock hits 52-week high
• Negative Sentiment: Widespread class‑action notices — multiple law firms have filed or announced securities‑class actions covering purchases from Feb 15, 2022 through Sept 24, 2025 and are soliciting lead‑plaintiff motions with a Jan 12 deadline; this creates potential litigation risk, headline volatility and possible settlement exposure. INVESTOR DEADLINE NEXT WEEK: Robbins Geller…
• Negative Sentiment: Allegations & investigation risk — at least one firm (Kuehn Law) flags claims that Freeport misrepresented safety controls at the Grasberg block‑cave mine and failed to disclose heightened regulatory, litigation and reputational risks; such allegations can prolong legal pressure and spur additional regulatory scrutiny. Kuehn Law Encourages Investors…

Insiders Place Their Bets

In other news, 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 value of $456,201.52. Following the completion of the sale, the chief accounting officer directly owned 38,761 shares of the company’s stock, valued at approximately $1,847,349.26. This represents a 19.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Stephen T. Higgins sold 28,423 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.99, for a total value of $1,364,019.77. Following the transaction, the chief accounting officer directly owned 105,294 shares in the company, valued at approximately $5,053,059.06. This represents a 21.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 0.79% of the company’s stock.

Freeport-McMoRan Trading Up 3.1%

NYSE:FCX opened at $56.07 on Wednesday. The company has a market capitalization of $80.52 billion, a PE ratio of 39.49, a P/E/G ratio of 0.92 and a beta of 1.45. Freeport-McMoRan Inc. has a 52-week low of $27.66 and a 52-week high of $57.12. The stock’s 50 day moving average price is $45.12 and its 200 day moving average price is $43.68. The company has a quick ratio of 1.19, a current ratio of 2.45 and a debt-to-equity ratio of 0.29.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings data 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. The business had revenue of $6.97 billion during the quarter, compared to the consensus estimate of $6.74 billion. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The company’s revenue was up 2.7% compared to the same quarter last year. During the same period in the prior year, the company earned $0.38 earnings per share. On average, research analysts anticipate that Freeport-McMoRan Inc. will post 1.68 EPS for the current year.

Freeport-McMoRan Cuts Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be paid a $0.075 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Freeport-McMoRan’s payout ratio is currently 21.13%.

Analyst Ratings Changes

FCX has been the topic of several recent analyst reports. Wells Fargo & Company increased their target price on Freeport-McMoRan from $47.00 to $55.00 and gave the company an “overweight” rating in a report on Tuesday, December 23rd. Clarkson Capital upgraded Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 price objective on the stock in a report on Wednesday, November 19th. Sanford C. Bernstein decreased their target price on Freeport-McMoRan from $48.50 to $45.00 and set an “outperform” rating for the company in a research note on Tuesday, October 14th. JPMorgan Chase & Co. upped their price target on Freeport-McMoRan from $50.00 to $58.00 and gave the company an “overweight” rating in a report on Friday, December 5th. Finally, Royal Bank Of Canada cut their price objective on shares of Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating on the stock in a report on Wednesday, October 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Freeport-McMoRan presently has an average rating of “Buy” and a consensus target price of $50.49.

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.