Jefferies Financial Group Inc. Makes New $5.17 Million Investment in Southern Copper Corporation $SCCO

Posted by George Bondi on Aug 29th, 2026

Jefferies Financial Group Inc. acquired a new stake in shares of Southern Copper Corporation (NYSE:SCCO – Free Report) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 29,698 shares of the basic materials company’s stock, valued at approximately $5,175,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SCCO. Fund Advisors of America Inc FL purchased a new stake in shares of Southern Copper during the 2nd quarter worth approximately $870,000. California Public Employees Retirement System boosted its stake in Southern Copper by 21.2% in the first quarter. California Public Employees Retirement System now owns 192,523 shares of the basic materials company’s stock valued at $33,126,000 after acquiring an additional 33,638 shares in the last quarter. B. Metzler seel. Sohn & Co. AG acquired a new position in Southern Copper in the second quarter valued at $5,266,000. RFG Advisory LLC purchased a new position in shares of Southern Copper during the fourth quarter worth about $1,147,000. Finally, US Bancorp DE increased its position in shares of Southern Copper by 16.2% during the fourth quarter. US Bancorp DE now owns 74,484 shares of the basic materials company’s stock worth $10,687,000 after purchasing an additional 10,360 shares in the last quarter. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Southern Copper Stock Performance

Shares of SCCO stock opened at $211.58 on Friday. The company has a current ratio of 5.06, a quick ratio of 4.56 and a debt-to-equity ratio of 0.63. Southern Copper Corporation has a 12-month low of $92.94 and a 12-month high of $223.88. The company has a market cap of $176.53 billion, a price-to-earnings ratio of 30.93, a price-to-earnings-growth ratio of 1.85 and a beta of 1.11. The stock has a 50 day simple moving average of $184.67 and a 200-day simple moving average of $183.92.

Southern Copper (NYSE:SCCO – Get Free Report) last released its quarterly earnings data on Wednesday, July 22nd. The basic materials company reported $1.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.06. Southern Copper had a return on equity of 49.04% and a net margin of 35.87%.The firm had revenue of $4.29 billion during the quarter, compared to analysts’ expectations of $4.37 billion. The company’s revenue was up 40.6% compared to the same quarter last year. On average, equities analysts forecast that Southern Copper Corporation will post 7.61 EPS for the current year.

Southern Copper Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 11th were paid a $1.10 dividend. This represents a $4.40 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, August 11th. This is an increase from Southern Copper’s previous quarterly dividend of $1.00. Southern Copper’s dividend payout ratio (DPR) is 64.33%.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wells Fargo & Company upped their target price on Southern Copper from $168.97 to $169.96 and gave the company an “equal weight” rating in a research report on Thursday, July 9th. Zacks Research lowered shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Citigroup reiterated a “positive” rating on shares of Southern Copper in a research report on Wednesday, July 15th. Morgan Stanley raised their price objective on shares of Southern Copper from $144.27 to $156.13 and gave the stock an “underweight” rating in a research report on Wednesday, July 8th. Finally, Barclays set a $164.03 price target on Southern Copper and gave the company an “underweight” rating in a research report on Thursday, July 23rd. Three equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $146.84.

Check Out Our Latest Analysis on SCCO

Insider Transactions at Southern Copper

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