Maree Robertson Sells 48,500 Shares of Freeport-McMoRan (NYSE:FCX) Stock

Freeport-McMoRan Inc. (NYSE:FCX) CFO Maree Robertson sold 48,500 shares of Freeport-McMoRan stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $61.55, for a total value of $2,985,175.00. Following the completion of the transaction, the chief financial officer directly owned 79,894 shares in the company, valued at approximately $4,917,475.70. This represents a 37.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Freeport-McMoRan Stock Performance

Shares of FCX stock opened at $62.51 on Friday. The stock has a market capitalization of $89.76 billion, a PE ratio of 41.40, a PEG ratio of 0.68 and a beta of 1.47. The business’s 50 day simple moving average is $57.24 and its 200 day simple moving average is $47.42. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.29 and a quick ratio of 1.05. Freeport-McMoRan Inc. has a one year low of $27.66 and a one year high of $69.44.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings data on Thursday, January 22nd. The natural resource company reported $0.47 EPS for the quarter, beating analysts’ consensus estimates of $0.28 by $0.19. Freeport-McMoRan had a net margin of 8.50% and a return on equity of 8.50%. The company had revenue of $5.63 billion for the quarter, compared to analyst estimates of $5.42 billion. During the same period in the prior year, the firm posted $0.31 EPS. The company’s quarterly revenue was down 1.5% on a year-over-year basis. As a group, research analysts forecast that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current year.

Freeport-McMoRan Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th were issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date was Thursday, January 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is presently 19.87%.

Hedge Funds Weigh In On Freeport-McMoRan

Large investors have recently added to or reduced their stakes in the business. Steigerwald Gordon & Koch Inc. purchased a new stake in shares of Freeport-McMoRan in the third quarter worth approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in Freeport-McMoRan during the second quarter worth $28,000. Salomon & Ludwin LLC raised its position 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 buying an additional 687 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in Freeport-McMoRan during the 4th quarter valued at $29,000. Finally, JPL Wealth Management LLC purchased a new position in Freeport-McMoRan during the 3rd quarter worth $33,000. Institutional investors own 80.77% of the company’s stock.

More Freeport-McMoRan News

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

• Positive Sentiment: Freeport reached a Memorandum of Understanding with the Indonesian government to amend PT Freeport Indonesia’s license for a life‑of‑resource extension at the Grasberg minerals district — this materially reduces tenure/regulatory risk at one of the world’s largest copper/gold assets and supports long‑term production and cash‑flow visibility. FCX Announces Agreement for Life of Resource Extension of Operating Rights in Grasberg Minerals District
• Positive Sentiment: Jefferies bumped its price target to $76 (from $68) and kept a Buy rating — a high‑profile analyst upgrade that can attract flows and reinforces upside expectations versus current levels. Jefferies adjusts Freeport McMoran PT to $76 from $68, maintains buy rating
• Positive Sentiment: Sector momentum — investors rotating into copper (driven by AI/data‑center and electrification infrastructure demand) is lifting mining peers and supports a favorable demand backdrop for FCX over the medium term. Forget Chips, Buy Wires: BHP Hits Highs as Copper Overtakes Iron
• Neutral Sentiment: Analysts and commentators are re‑examining valuation after a strong rally; some see continued upside while others warn multiples have expanded — useful context for investors deciding whether to add on strength or take profits. A Look At Freeport McMoRan (FCX) Valuation After A Strong Three Month Share Price Run
• Neutral Sentiment: Industry outlook pieces (e.g., Zacks) list FCX among non‑ferrous miners likely to benefit from persistent copper demand — a supportive thematic tailwind but not an immediate company‑specific catalyst. 4 Non‑Ferrous Metal Mining Stocks to Watch From a Prospering Industry
• Negative Sentiment: Insider selling: CFO Maree Robertson and CAO Ellie Mikes disclosed sizable stock sales this week — such sales can be viewed negatively by some investors even if they are routine or diversification‑driven. SEC filing — CFO sale
• Negative Sentiment: Operational risk remains: commentary notes Grasberg’s 2025 mudflow aftermath has constrained near‑term production — that limits how quickly Freeport can capitalize on a copper rally and is a key near‑term risk to earnings and free cash flow. Freeport signs agreement with Indonesia to extend Grasberg mining rights through 2041

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Freeport-McMoRan in a research note on Thursday, January 22nd. Wall Street Zen downgraded shares of Freeport-McMoRan from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Clarkson Capital upgraded shares of Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 target price on the stock in a research report on Wednesday, November 19th. HSBC increased their target price on shares of Freeport-McMoRan from $48.00 to $69.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Finally, Raymond James Financial lifted their price target on shares of Freeport-McMoRan from $53.00 to $66.00 and gave the company an “outperform” rating in a research note on Thursday, January 15th. One analyst has 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 currently has an average rating of “Moderate Buy” and an average target price of $60.64.

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.