Southern Copper (NYSE:SCCO) Director Bonilla Luis Miguel Palomino Sells 100 Shares

Posted by Geri Gentry on Jun 3rd, 2026

Southern Copper Corporation (NYSE:SCCO – Get Free Report) Director Bonilla Luis Miguel Palomino sold 100 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The stock was sold at an average price of $200.00, for a total value of $20,000.00. Following the sale, the director directly owned 1,707 shares in the company, valued at $341,400. The trade was a 5.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Bonilla Luis Miguel Palomino also recently made the following trade(s):

On Thursday, May 21st, Bonilla Luis Miguel Palomino sold 200 shares of Southern Copper stock. The shares were sold at an average price of $177.82, for a total value of $35,564.00.
On Friday, May 15th, Bonilla Luis Miguel Palomino sold 100 shares of Southern Copper stock. The shares were sold at an average price of $178.20, for a total value of $17,820.00.
On Friday, March 13th, Bonilla Luis Miguel Palomino sold 193 shares of Southern Copper stock. The shares were sold at an average price of $174.60, for a total value of $33,697.80.
On Thursday, March 12th, Bonilla Luis Miguel Palomino sold 7 shares of Southern Copper stock. The shares were sold at an average price of $190.00, for a total value of $1,330.00.

Southern Copper Stock Up 3.5%

Shares of SCCO traded up $6.73 during midday trading on Tuesday, hitting $201.35. The stock had a trading volume of 1,230,886 shares, compared to its average volume of 1,847,703. The company has a 50 day simple moving average of $179.72 and a two-hundred day simple moving average of $171.94. Southern Copper Corporation has a twelve month low of $88.73 and a twelve month high of $223.88. The firm has a market cap of $164.92 billion, a price-to-earnings ratio of 33.28, a price-to-earnings-growth ratio of 1.89 and a beta of 1.07. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.38 and a quick ratio of 3.89.

Southern Copper (NYSE:SCCO – Get Free Report) last released its quarterly earnings results on Wednesday, April 29th. The basic materials company reported $1.92 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.88 by $0.04. Southern Copper had a return on equity of 45.63% and a net margin of 34.13%.The firm had revenue of $4.25 billion for the quarter, compared to the consensus estimate of $3.96 billion. On average, analysts anticipate that Southern Copper Corporation will post 6.93 EPS for the current year.

Southern Copper Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, May 13th. This represents a $4.00 annualized dividend and a dividend yield of 2.0%. Southern Copper’s dividend payout ratio (DPR) is currently 66.12%.

Hedge Funds Weigh In On Southern Copper

Several hedge funds have recently modified their holdings of SCCO. Hopwood Financial Services Inc. bought a new position in shares of Southern Copper in the 3rd quarter valued at about $25,000. SHP Wealth Management bought a new position in shares of Southern Copper in the 4th quarter valued at about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Southern Copper in the 4th quarter valued at about $29,000. Virtus Advisers LLC bought a new position in shares of Southern Copper in the 4th quarter valued at about $29,000. Finally, United Community Bank bought a new position in Southern Copper during the third quarter worth about $30,000. Institutional investors own 7.94% of the company’s stock.

Wall Street Analysts Forecast Growth

SCCO has been the topic of several recent research reports. Scotiabank reissued an “underperform” rating and issued a $135.00 price target (up from $133.00) on shares of Southern Copper in a research note on Friday, May 15th. JPMorgan Chase & Co. lifted their price target on Southern Copper from $117.50 to $127.00 and gave the company an “underweight” rating in a research note on Friday, April 10th. Wall Street Zen cut Southern Copper from a “buy” rating to a “hold” rating in a report on Saturday, May 16th. Morgan Stanley raised their price objective on Southern Copper from $155.00 to $160.00 and gave the company an “underweight” rating in a report on Thursday, April 9th. Finally, UBS Group raised their price objective on Southern Copper from $140.00 to $145.00 and gave the company a “sell” rating in a report on Thursday, May 21st. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and eight have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $145.14.

Check Out Our Latest Stock Analysis on SCCO

Southern Copper Company Profile

(Get Free Report)

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.