Summit Securities Group LLC Invests $629,000 in Sociedad Quimica y Minera S.A. $SQM

Posted by Stanley Muller on Jul 10th, 2026

Summit Securities Group LLC bought a new stake in shares of Sociedad Quimica y Minera S.A. (NYSE:SQM – Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 7,774 shares of the basic materials company’s stock, valued at approximately $629,000.

A number of other hedge funds have also recently made changes to their positions in the stock. Signaturefd LLC increased its stake in Sociedad Quimica y Minera by 37.0% in the 4th quarter. Signaturefd LLC now owns 656 shares of the basic materials company’s stock worth $45,000 after buying an additional 177 shares during the period. GAMMA Investing LLC lifted its holdings in Sociedad Quimica y Minera by 138.4% during the 4th quarter. GAMMA Investing LLC now owns 441 shares of the basic materials company’s stock valued at $30,000 after buying an additional 256 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in Sociedad Quimica y Minera by 1.8% in the 4th quarter. PNC Financial Services Group Inc. now owns 14,363 shares of the basic materials company’s stock valued at $988,000 after buying an additional 257 shares during the period. Global Retirement Partners LLC boosted its position in Sociedad Quimica y Minera by 45.9% in the 4th quarter. Global Retirement Partners LLC now owns 1,122 shares of the basic materials company’s stock valued at $77,000 after buying an additional 353 shares during the period. Finally, Caitong International Asset Management Co. Ltd bought a new position in Sociedad Quimica y Minera in the 4th quarter worth about $29,000. 12.41% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Sociedad Quimica y Minera in a research report on Wednesday, June 24th. The Goldman Sachs Group set a $100.00 price target on Sociedad Quimica y Minera in a report on Tuesday, June 2nd. Scotiabank increased their price objective on Sociedad Quimica y Minera from $100.00 to $105.00 and gave the stock a “sector outperform” rating in a research note on Thursday, May 28th. Bank of America raised their price objective on Sociedad Quimica y Minera from $49.00 to $53.00 and gave the stock an “underperform” rating in a report on Wednesday, March 25th. Finally, Wall Street Zen lowered Sociedad Quimica y Minera from a “strong-buy” rating to a “buy” rating in a research report on Sunday, June 28th. One equities research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $75.50.

Read Our Latest Stock Analysis on Sociedad Quimica y Minera

Sociedad Quimica y Minera Stock Down 0.6%

Sociedad Quimica y Minera stock opened at $74.00 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.76 and a debt-to-equity ratio of 0.58. The firm has a market cap of $21.14 billion, a P/E ratio of 25.96, a P/E/G ratio of 0.21 and a beta of 0.97. The business has a fifty day moving average of $80.94 and a two-hundred day moving average of $78.81. Sociedad Quimica y Minera S.A. has a twelve month low of $35.67 and a twelve month high of $98.00.

Sociedad Quimica y Minera (NYSE:SQM – Get Free Report) last announced its quarterly earnings results on Saturday, May 16th. The basic materials company reported $1.28 earnings per share (EPS) for the quarter. The business had revenue of $1.76 billion for the quarter. Sociedad Quimica y Minera had a return on equity of 11.99% and a net margin of 15.38%. On average, analysts forecast that Sociedad Quimica y Minera S.A. will post 7.25 earnings per share for the current fiscal year.

About Sociedad Quimica y Minera

(Free Report)

Sociedad Química y Minera de Chile SA (NYSE: SQM) is a leading global producer of specialty chemicals and minerals headquartered in Santiago, Chile. The company focuses on the extraction and processing of key inputs for the agricultural, industrial and high‐tech sectors. Its core business activities include the mining of lithium, potassium and iodine, as well as the manufacture of value‐added products derived from these raw materials.

SQM’s product portfolio spans lithium carbonate and lithium hydroxide used in electric vehicle batteries and energy storage systems; potassium chloride and potassium nitrate fertilizers designed for precision agriculture; and iodine and its derivatives for pharmaceutical, food and electronics applications.