New York State Common Retirement Fund Has $23.82 Million Stock Holdings in Southern Copper Corporation $SCCO

New York State Common Retirement Fund grew its position in shares of Southern Copper Corporation (NYSE:SCCO) by 43.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 196,261 shares of the basic materials company’s stock after buying an additional 59,597 shares during the quarter. New York State Common Retirement Fund’s holdings in Southern Copper were worth $23,818,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Southern Copper by 42.1% during the first quarter. Royal Bank of Canada now owns 44,879 shares of the basic materials company’s stock worth $4,194,000 after purchasing an additional 13,293 shares in the last quarter. Empowered Funds LLC increased its stake in shares of Southern Copper by 17.9% in the 1st quarter. Empowered Funds LLC now owns 6,705 shares of the basic materials company’s stock valued at $627,000 after acquiring an additional 1,020 shares during the last quarter. Focus Partners Wealth increased its stake in Southern Copper by 21.5% in the first quarter. Focus Partners Wealth now owns 5,944 shares of the basic materials company’s stock valued at $556,000 after purchasing an additional 1,052 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in shares of Southern Copper by 2.7% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 184,110 shares of the basic materials company’s stock valued at $18,626,000 after buying an additional 4,865 shares in the last quarter. Finally, Pure Financial Advisors LLC increased its holdings in shares of Southern Copper by 8.0% in the second quarter. Pure Financial Advisors LLC now owns 2,566 shares of the basic materials company’s stock worth $260,000 after acquiring an additional 189 shares in the last quarter. Institutional investors own 7.94% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the stock. JPMorgan Chase & Co. reissued an “underweight” rating and set a $117.50 price objective (down previously from $119.50) on shares of Southern Copper in a research report on Friday, January 23rd. Weiss Ratings restated a “buy (b)” rating on shares of Southern Copper in a research note on Monday, December 29th. Morgan Stanley restated an “underweight” rating and set a $156.00 price objective on shares of Southern Copper in a research note on Friday. Itau BBA Securities downgraded Southern Copper from a “market perform” rating to an “underperform” rating and set a $126.00 target price for the company. in a research note on Monday, December 22nd. Finally, Zacks Research downgraded shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a report on Monday, December 8th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average target price of $137.45.

Insiders Place Their Bets

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 400 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $139.00, for a total transaction of $55,600.00. Following the sale, the director owned 1,265 shares of the company’s stock, valued at approximately $175,835. The trade was a 24.02% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Insiders have sold a total of 748 shares of company stock valued at $103,260 in the last quarter. Company insiders own 0.07% of the company’s stock.

Key Stories Impacting Southern Copper

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Copper rally and sector rotation — Copper’s run (driven by South American supply disruptions, China stimulus and EV/AI-driven demand) is lifting major producers, giving SCCO macro support. 3 Top Copper Stocks to Watch as Copper Prices Skyrocket: BHP, FCX, SCCO
• Positive Sentiment: Strong Q4/2025 results — Southern Copper reported hefty revenue and EPS gains (double‑digit YoY increases, improved margins and strong cash generation), supporting the rally. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings
• Positive Sentiment: Dividend boost + stock dividend — Management declared a larger cash dividend ($1.00) plus a 0.0085 stock dividend, a dual payout that supports income demand and likely attracted yield-focused buyers. Southern Copper (SCCO) Is Up 17.9% After Record 2025 Earnings and Dual Cash-and-Stock Dividend
• Positive Sentiment: Project progress and reserve position — Tía María is under construction (~25% complete) and SCCO has among the largest reserves of any public miner, strengthening its long‑term supply optionality. Digging Into Demand: Copper’s Scarcity Premium Is Rising
• Neutral Sentiment: Index move and stock split — Recent Russell 1000 activity and an announced 1.0085‑for‑1 stock dividend/split can increase liquidity and retail/institutional flows, but the economic impact is modest. What Next For Southern Copper Corporation After Russell 1000 index Jump
• Negative Sentiment: Near‑term production risk and guidance — Management flagged lower output in 2027–28, a potential headwind to forward supply expectations and near‑term free cash flow. Southern Copper rises after posting Q4 earnings beat; sees lower output in 2027-28
• Negative Sentiment: Mixed analyst views and hefty valuation swings — Several sell/underweight calls and a median 6‑month target below current levels highlight profit‑taking and valuation concerns despite strong results. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings (analyst/target summary)
• Negative Sentiment: Drawdown risk noted by some analysts — Commentary warns that elevated multiples and commodity volatility could produce significant pullbacks if copper weakens or company‑level issues arise. Southern Copper: Keep Holding, But Drawdown Risk Is Significant

Southern Copper Price Performance

SCCO stock opened at $190.22 on Friday. The company’s 50-day moving average price is $156.59 and its two-hundred day moving average price is $128.57. The firm has a market cap of $154.49 billion, a P/E ratio of 39.88, a P/E/G ratio of 1.76 and a beta of 1.06. The company has a quick ratio of 3.91, a current ratio of 4.52 and a debt-to-equity ratio of 0.64. Southern Copper Corporation has a 12 month low of $74.84 and a 12 month high of $218.81.

Southern Copper shares are going to split on Tuesday, February 10th. The 1.0085-1 split was recently announced. The newly issued shares will be distributed to shareholders after the closing bell on Monday, February 9th.

Southern Copper Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 10th will be paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Tuesday, February 10th. This is an increase from Southern Copper’s previous quarterly dividend of $0.90. Southern Copper’s dividend payout ratio is 75.47%.

Southern Copper Profile

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.