Barings LLC Acquires 114,959 Shares of Freeport-McMoRan Inc. $FCX

Posted by Francis Steltz on Jun 12th, 2026

Barings LLC raised its stake in Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 95.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 235,039 shares of the natural resource company’s stock after buying an additional 114,959 shares during the quarter. Barings LLC’s holdings in Freeport-McMoRan were worth $11,938,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FCX. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Freeport-McMoRan in the fourth quarter valued at about $38,000. Modus Advisors LLC bought a new stake in shares of Freeport-McMoRan in the fourth quarter valued at about $40,000. Key Financial Inc lifted its holdings in shares of Freeport-McMoRan by 32.3% in the fourth quarter. Key Financial Inc now owns 828 shares of the natural resource company’s stock valued at $42,000 after purchasing an additional 202 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Freeport-McMoRan in the third quarter valued at about $33,000. Finally, Laurel Wealth Advisors LLC bought a new stake in shares of Freeport-McMoRan in the fourth quarter valued at about $43,000. Institutional investors own 80.77% of the company’s stock.

Analyst Ratings Changes

FCX has been the topic of a number of research reports. Weiss Ratings raised shares of Freeport-McMoRan from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. JPMorgan Chase & Co. cut their price objective on shares of Freeport-McMoRan from $76.00 to $73.00 and set an “overweight” rating on the stock in a research report on Monday, April 27th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Freeport-McMoRan in a research report on Friday, May 15th. Barclays initiated coverage on shares of Freeport-McMoRan in a research report on Thursday, May 21st. They issued an “overweight” rating and a $77.00 price objective on the stock. Finally, Wall Street Zen lowered shares of Freeport-McMoRan from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $66.72.

Check Out Our Latest Analysis on FCX

Freeport-McMoRan Price Performance

Shares of FCX opened at $66.32 on Friday. The firm has a market capitalization of $95.34 billion, a PE ratio of 35.28, a PEG ratio of 0.75 and a beta of 1.35. The company’s 50-day moving average is $64.10 and its 200-day moving average is $58.98. Freeport-McMoRan Inc. has a fifty-two week low of $35.15 and a fifty-two week high of $72.09. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.39 and a quick ratio of 1.13.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last issued its quarterly earnings data on Thursday, April 23rd. The natural resource company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.10. The company had revenue of $6.23 billion for the quarter, compared to analyst estimates of $5.73 billion. Freeport-McMoRan had a net margin of 10.34% and a return on equity of 9.88%. The company’s revenue was up 8.8% on a year-over-year basis. During the same period in the prior year, the firm earned $0.24 earnings per share. Equities analysts forecast that Freeport-McMoRan Inc. will post 2.56 EPS for the current year.

Freeport-McMoRan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Wednesday, April 15th were given 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 of this dividend was Wednesday, April 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is currently 15.96%.

Freeport-McMoRan Profile

(Free Report)

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.