Cauble & Harre Wealth Management Inc. Takes $490,000 Position in Southern Copper Corporation $SCCO

Posted by Francis Steltz on Aug 22nd, 2026

Cauble & Harre Wealth Management Inc. bought a new stake in shares of Southern Copper Corporation (NYSE:SCCO – Free Report) in the 2nd quarter, Holdings Channel.com reports. The fund bought 2,814 shares of the basic materials company’s stock, valued at approximately $490,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bell Investment Advisors Inc acquired a new position in shares of Southern Copper during the 2nd quarter worth approximately $26,000. SHP Wealth Management acquired a new stake in Southern Copper during the 4th quarter valued at $25,000. Lloyd Advisory Services LLC. acquired a new stake in Southern Copper during the 4th quarter valued at $29,000. Virtus Advisers LLC purchased a new position in Southern Copper during the fourth quarter worth $29,000. Finally, Godfrey Financial Associates Inc. purchased a new position in Southern Copper during the fourth quarter worth $30,000. Institutional investors and hedge funds own 7.94% of the company’s stock.

Analyst Ratings Changes

SCCO has been the topic of several recent research reports. Weiss Ratings upgraded Southern Copper from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, July 28th. Morgan Stanley lifted their price objective on Southern Copper from $144.27 to $156.13 and gave the stock an “underweight” rating in a research report on Wednesday, July 8th. CICC Research downgraded shares of Southern Copper to a “market perform” rating in a research note on Sunday, July 26th. Barclays set a $164.03 target price on shares of Southern Copper and gave the company an “underweight” rating in a report on Thursday, July 23rd. Finally, Scotiabank reaffirmed an “underperform” rating and set a $138.34 price target (up from $133.40) on shares of Southern Copper in a research note on Monday, June 15th. Three investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, Southern Copper presently has a consensus rating of “Reduce” and a consensus target price of $146.84.

View Our Latest Stock Report on Southern Copper

Southern Copper Price Performance

Southern Copper stock opened at $216.30 on Friday. Southern Copper Corporation has a 1 year low of $92.94 and a 1 year high of $223.88. The firm has a 50 day moving average price of $182.23 and a 200 day moving average price of $183.20. The company has a market cap of $180.47 billion, a price-to-earnings ratio of 31.62, a PEG ratio of 1.70 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a quick ratio of 4.56 and a current ratio of 5.06.

Southern Copper (NYSE:SCCO – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $1.99 earnings per share for the quarter, topping 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 quarterly revenue was up 40.6% on a year-over-year basis. Sell-side analysts predict that Southern Copper Corporation will post 7.61 earnings per share for the current year.

Southern Copper Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Tuesday, August 11th will be issued a dividend of $1.10 per share. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date is Tuesday, August 11th. This is a positive change from Southern Copper’s previous quarterly dividend of $1.00. Southern Copper’s payout ratio is currently 64.33%.

Insider Activity at Southern Copper

In related news, Director Bonilla Luis Miguel Palomino sold 202 shares of the stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $196.79, for a total value of $39,751.28. Following the transaction, the director directly owned 1,723 shares of the company’s stock, valued at approximately $339,066.65. This trade represents a 10.49% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 509 shares of company stock worth $97,753. Corporate insiders own 0.07% of the company’s stock.

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.