Southern Copper Corporation $SCCO Shares Sold by Commonwealth of Pennsylvania Public School Empls Retrmt SYS

Posted by George Bondi on Jul 14th, 2026

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its holdings in Southern Copper Corporation (NYSE:SCCO – Free Report) by 22.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,560 shares of the basic materials company’s stock after selling 18,559 shares during the quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Southern Copper were worth $11,108,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. SHP Wealth Management purchased a new stake in shares of Southern Copper in the fourth quarter valued at approximately $25,000. Lloyd Advisory Services LLC. acquired a new stake in shares of Southern Copper in the fourth quarter valued at approximately $29,000. Virtus Advisers LLC purchased a new position in Southern Copper during the fourth quarter worth approximately $29,000. Godfrey Financial Associates Inc. purchased a new position in Southern Copper during the fourth quarter worth approximately $30,000. Finally, IFP Advisors Inc boosted its stake in Southern Copper by 233.3% during the fourth quarter. IFP Advisors Inc now owns 230 shares of the basic materials company’s stock worth $33,000 after buying an additional 161 shares during the last quarter. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other news, Director Bonilla Luis Miguel Palomino sold 200 shares of the business’s stock in a transaction that occurred on Thursday, May 21st. The shares were sold at an average price of $177.82, for a total value of $35,564.00. Following the sale, the director directly owned 1,807 shares of the company’s stock, valued at approximately $321,320.74. The trade was a 9.97% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last quarter, insiders have sold 404 shares of company stock valued at $74,108. 0.07% of the stock is currently owned by insiders.

Southern Copper Stock Down 0.6%

Shares of NYSE:SCCO opened at $174.69 on Tuesday. The business has a 50-day moving average price of $181.20 and a 200 day moving average price of $181.37. The company has a current ratio of 4.38, a quick ratio of 3.89 and a debt-to-equity ratio of 0.57. The company has a market capitalization of $144.31 billion, a price-to-earnings ratio of 28.87, a PEG ratio of 1.54 and a beta of 1.11. Southern Copper Corporation has a 12-month low of $88.73 and a 12-month high of $223.88.

Southern Copper Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were given a dividend of $1.00 per share. The ex-dividend date was Wednesday, May 13th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. Southern Copper’s dividend payout ratio (DPR) is currently 66.12%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wells Fargo & Company upped their target price on Southern Copper from $171.00 to $172.00 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Barclays initiated coverage on Southern Copper in a report on Thursday, May 21st. They set an “underweight” rating and a $148.00 price target on the stock. The Goldman Sachs Group raised shares of Southern Copper from a “sell” rating to a “neutral” rating and set a $178.00 price target on the stock in a research report on Friday, April 10th. Zacks Research raised shares of Southern Copper from a “hold” rating to a “strong-buy” rating in a report on Thursday, July 9th. Finally, Scotiabank restated an “underperform” rating and set a $140.00 price objective (up from $135.00) on shares of Southern Copper in a research report on Monday, June 15th. One equities research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, three have given a Hold rating and eight have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $147.10.

Read Our Latest Research Report on SCCO

About Southern Copper

(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.