Vise Technologies Inc. Takes Position in Southern Copper Corporation $SCCO

Posted by Geri Gentry on Aug 21st, 2026

Vise Technologies Inc. purchased a new stake in shares of Southern Copper Corporation (NYSE:SCCO – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 24,264 shares of the basic materials company’s stock, valued at approximately $4,228,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. BlackRock Inc. bought a new position in Southern Copper in the 2nd quarter worth $1,729,500,000. Bank of New York Mellon Corp purchased a new position in shares of Southern Copper during the second quarter valued at approximately $696,621,000. Norges Bank bought a new stake in shares of Southern Copper in the 4th quarter worth approximately $97,645,000. Capital Research Global Investors purchased a new stake in shares of Southern Copper in the 4th quarter worth approximately $81,039,000. Finally, Healthcare of Ontario Pension Plan Trust Fund bought a new position in Southern Copper during the 1st quarter valued at approximately $85,342,000. Institutional investors own 7.94% of the company’s stock.

Southern Copper Stock Up 2.5%

SCCO stock opened at $199.45 on Friday. Southern Copper Corporation has a 1-year low of $92.57 and a 1-year high of $223.88. The business has a fifty day moving average price of $181.66 and a 200-day moving average price of $182.97. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.06 and a quick ratio of 4.56. The stock has a market capitalization of $166.41 billion, a P/E ratio of 29.16, a P/E/G ratio of 1.67 and a beta of 1.11.

Southern Copper (NYSE:SCCO – Get Free Report) last issued its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported $1.99 earnings per share for the quarter, beating analysts’ consensus estimates of $1.93 by $0.06. The company had revenue of $4.29 billion for the quarter, compared to the consensus estimate of $4.37 billion. Southern Copper had a net margin of 35.87% and a return on equity of 49.04%. The company’s revenue for the quarter was up 40.6% on a year-over-year basis. Equities analysts forecast that Southern Copper Corporation will post 7.61 earnings per share for the current fiscal year.

Southern Copper Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Tuesday, August 11th will be paid a $1.10 dividend. This is a boost from Southern Copper’s previous quarterly dividend of $1.00. The ex-dividend date is Tuesday, August 11th. This represents a $4.40 annualized dividend and a dividend yield of 2.2%. Southern Copper’s dividend payout ratio (DPR) is currently 64.33%.

Insiders Place Their Bets

In other news, Director Bonilla Luis Miguel Palomino sold 202 shares of Southern Copper stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total transaction of $39,751.28. Following the transaction, the director owned 1,723 shares in the company, valued at $339,066.65. This trade represents a 10.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders have sold 509 shares of company stock valued at $97,753 in the last 90 days. 0.07% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on SCCO shares. Weiss Ratings upgraded Southern Copper from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, July 28th. Barclays set a $164.03 target price on Southern Copper and gave the stock an “underweight” rating in a research note on Thursday, July 23rd. Wells Fargo & Company raised their price target on Southern Copper from $168.97 to $169.96 and gave the company an “equal weight” rating in a report on Thursday, July 9th. Morgan Stanley lifted their price target on Southern Copper from $144.27 to $156.13 and gave the stock an “underweight” rating in a research report on Wednesday, July 8th. Finally, Zacks Research cut shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and an average target price of $146.84.

Get Our Latest Stock Analysis 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.