Sociedad Quimica y Minera (NYSE:SQM) Trading Down 3.8% – What’s Next?

Posted by Stanley Muller on Aug 27th, 2026

Shares of Sociedad Quimica y Minera S.A. (NYSE:SQM – Get Free Report) dropped 3.8% during mid-day trading on Tuesday . The stock traded as low as $78.89 and last traded at $79.19. Approximately 384,680 shares traded hands during trading, a decline of 69% from the average daily volume of 1,255,945 shares. The stock had previously closed at $82.33.

Analyst Ratings Changes

Several analysts have commented on the company. JPMorgan Chase & Co. cut Sociedad Quimica y Minera from an “overweight” rating to a “neutral” rating and lifted their price target for the company from $94.00 to $100.00 in a report on Tuesday, June 2nd. Scotiabank upped their price target on shares of Sociedad Quimica y Minera from $93.00 to $104.00 and gave the stock a “sector outperform” rating in a research report on Monday. CLSA raised shares of Sociedad Quimica y Minera to an “outperform” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group raised their price target on shares of Sociedad Quimica y Minera from $64.00 to $82.00 and gave the company a “neutral” rating in a report on Wednesday, July 15th. Finally, Deutsche Bank Aktiengesellschaft reduced their price target on Sociedad Quimica y Minera from $105.00 to $98.00 and set a “buy” rating for the company in a report on Tuesday, July 14th. One analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $76.27.

Check Out Our Latest Research Report on Sociedad Quimica y Minera

Sociedad Quimica y Minera Stock Performance

The company has a market capitalization of $22.37 billion, a price-to-earnings ratio of 16.14, a P/E/G ratio of 0.27 and a beta of 0.98. The stock has a 50 day simple moving average of $72.79 and a 200 day simple moving average of $77.82. The company has a quick ratio of 2.01, a current ratio of 2.76 and a debt-to-equity ratio of 0.58.

Sociedad Quimica y Minera (NYSE:SQM – Get Free Report) last released its quarterly earnings results on Friday, August 14th. The basic materials company reported $2.31 earnings per share for the quarter, beating analysts’ consensus estimates of $2.03 by $0.28. The company had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.24 billion. Sociedad Quimica y Minera had a return on equity of 19.08% and a net margin of 20.62%.The business’s revenue for the quarter was up 136.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.79 earnings per share. As a group, analysts anticipate that Sociedad Quimica y Minera S.A. will post 7.4 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Sociedad Quimica y Minera

A number of institutional investors and hedge funds have recently bought and sold shares of SQM. Castle Hook Partners LP acquired a new stake in Sociedad Quimica y Minera in the fourth quarter worth approximately $69,257,000. Altshuler Shaham Ltd acquired a new position in shares of Sociedad Quimica y Minera during the 1st quarter valued at $50,183,000. Bank of America Corp DE raised its stake in shares of Sociedad Quimica y Minera by 87.4% in the 3rd quarter. Bank of America Corp DE now owns 1,239,588 shares of the basic materials company’s stock worth $53,278,000 after buying an additional 578,175 shares in the last quarter. Renaissance Technologies LLC raised its stake in shares of Sociedad Quimica y Minera by 602.0% in the 1st quarter. Renaissance Technologies LLC now owns 502,484 shares of the basic materials company’s stock worth $40,671,000 after buying an additional 430,900 shares in the last quarter. Finally, Van ECK Associates Corp lifted its holdings in shares of Sociedad Quimica y Minera by 24.7% in the fourth quarter. Van ECK Associates Corp now owns 2,089,638 shares of the basic materials company’s stock valued at $143,767,000 after buying an additional 413,246 shares during the period. Institutional investors own 12.41% of the company’s stock.

Sociedad Quimica y Minera Company Profile

(Get 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.