Freeport-McMoRan Inc. $FCX Shares Purchased by Alps Advisors Inc.

Alps Advisors Inc. raised its holdings in Freeport-McMoRan Inc. (NYSE:FCX) by 35.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 311,122 shares of the natural resource company’s stock after purchasing an additional 81,049 shares during the quarter. Alps Advisors Inc.’s holdings in Freeport-McMoRan were worth $12,202,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Steigerwald Gordon & Koch Inc. purchased a new position in Freeport-McMoRan during the third quarter worth $25,000. Twin Peaks Wealth Advisors LLC purchased a new stake in Freeport-McMoRan during the 2nd quarter worth about $28,000. Salomon & Ludwin LLC raised its stake in Freeport-McMoRan by 1,962.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 722 shares of the natural resource company’s stock valued at $29,000 after purchasing an additional 687 shares during the last quarter. Pilgrim Partners Asia Pte Ltd purchased a new position in Freeport-McMoRan in the 3rd quarter valued at about $36,000. Finally, Proffitt & Goodson Inc. lifted its holdings in Freeport-McMoRan by 39.8% in the 3rd quarter. Proffitt & Goodson Inc. now owns 977 shares of the natural resource company’s stock valued at $38,000 after purchasing an additional 278 shares in the last quarter. 80.77% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Freeport-McMoRan

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

• Positive Sentiment: Zacks Research materially raised EPS forecasts across several quarters and years — upgrades include higher Q4 2026/Q4 2027 and FY2026/FY2027 estimates (Zacks now sees FY2027 at ~$2.71 and FY2028 at ~$2.84), signaling analysts expect stronger earnings leverage if commodity prices hold.
• Positive Sentiment: Major price‑target bump: an analyst raise lifted FCX’s target (reported +10.45% to $62.23), which supports near‑term upside and helps explain bullish flow into the stock. Freeport-McMoRan (FCX) price target increased by 10.45% to 62.23
• Positive Sentiment: Commodity backdrop: coverage highlights Freeport benefiting from record/high copper prices and management’s focus on disciplined growth — a supportive macro/industry tailwind for revenue and margins if prices persist. Freeport-McMoRan Rides Record Copper Prices With Disciplined Growth Focus
• Neutral Sentiment: Valuation and earnings context: analysts and writeups are debating valuation after the recent run and the latest quarterly results — supportive earnings beats but valuations now reflect optimism, so outperformance may require continued strong copper and execution. Freeport-McMoRan (FCX) Valuation Check After Earnings And Copper Demand Optimism
• Negative Sentiment: Cautionary note after the rally: a recent analysis warns that despite a ~47% six‑month gain, higher operating costs and lower volumes in some periods could temper upside and argues for caution on further rallies absent improving fundamentals. Should You Buy, Sell or Hold FCX Stock After a 47% Rally in 6 Months?

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on FCX shares. Scotiabank lifted their price target on shares of Freeport-McMoRan from $63.00 to $70.00 and gave the stock an “outperform” rating in a report on Monday, January 26th. JPMorgan Chase & Co. boosted their price target on Freeport-McMoRan from $58.00 to $68.00 and gave the company an “overweight” rating in a report on Thursday, January 8th. BMO Capital Markets raised their price objective on Freeport-McMoRan from $55.00 to $68.00 and gave the stock an “outperform” rating in a report on Wednesday, January 14th. Jefferies Financial Group reiterated a “buy” rating and issued a $68.00 target price on shares of Freeport-McMoRan in a research note on Monday, January 5th. Finally, Wells Fargo & Company raised their price target on Freeport-McMoRan from $55.00 to $64.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, Freeport-McMoRan has an average rating of “Moderate Buy” and a consensus target price of $58.40.

Freeport-McMoRan Price Performance

FCX stock opened at $60.60 on Monday. The company has a market cap of $87.02 billion, a PE ratio of 40.13, a price-to-earnings-growth ratio of 0.70 and a beta of 1.47. The company has a current ratio of 2.29, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The stock has a 50-day moving average price of $54.01 and a two-hundred day moving average price of $46.18. Freeport-McMoRan Inc. has a 12-month low of $27.66 and a 12-month high of $69.44.

Freeport-McMoRan (NYSE:FCX) last released its quarterly earnings data on Thursday, January 22nd. The natural resource company reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.28 by $0.19. Freeport-McMoRan had a return on equity of 8.50% and a net margin of 8.50%.The company had revenue of $5.63 billion for the quarter, compared to the consensus estimate of $5.42 billion. During the same period last year, the business posted $0.31 EPS. The company’s quarterly revenue was down 1.5% compared to the same quarter last year. As a group, research analysts predict 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 was paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th were paid a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.5%. The ex-dividend date was Thursday, January 15th. Freeport-McMoRan’s payout ratio is currently 19.87%.

Insider Buying and Selling at Freeport-McMoRan

In other news, CAO Stephen T. Higgins sold 28,423 shares of the firm’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 transaction, the chief accounting officer owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. This trade represents a 21.26% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $47.66, for a total transaction of $456,201.52. Following the transaction, the chief accounting officer owned 38,761 shares in the company, valued at $1,847,349.26. The trade was a 19.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 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.