Concurrent Investment Advisors LLC Buys 50,125 Shares of Freeport-McMoRan Inc. $FCX

Posted by Brian Himes on Sep 5th, 2026

Concurrent Investment Advisors LLC raised its stake in Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 27.5% during the second quarter, HoldingsChannel reports. The fund owned 232,698 shares of the natural resource company’s stock after buying an additional 50,125 shares during the period. Concurrent Investment Advisors LLC’s holdings in Freeport-McMoRan were worth $14,634,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of FCX. Brighton Jones LLC boosted its stake in Freeport-McMoRan by 24.2% in the 4th quarter. Brighton Jones LLC now owns 14,807 shares of the natural resource company’s stock worth $564,000 after purchasing an additional 2,882 shares in the last quarter. Bison Wealth LLC grew its position in Freeport-McMoRan by 5.6% during the 4th quarter. Bison Wealth LLC now owns 9,616 shares of the natural resource company’s stock valued at $366,000 after purchasing an additional 507 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Freeport-McMoRan during the 2nd quarter valued at about $560,000. Brown Advisory Inc. increased its stake in Freeport-McMoRan by 27.0% during the 2nd quarter. Brown Advisory Inc. now owns 12,443 shares of the natural resource company’s stock valued at $539,000 after purchasing an additional 2,648 shares in the last quarter. Finally, Jump Financial LLC raised its holdings in Freeport-McMoRan by 42.7% in the second quarter. Jump Financial LLC now owns 50,114 shares of the natural resource company’s stock worth $2,172,000 after buying an additional 14,992 shares during the last quarter. 80.77% of the stock is currently owned by institutional investors.

Freeport-McMoRan Stock Performance

NYSE:FCX opened at $72.66 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.92 and a current ratio of 2.07. The stock has a 50-day simple moving average of $66.40 and a two-hundred day simple moving average of $64.37. The firm has a market capitalization of $104.34 billion, a PE ratio of 35.79, a P/E/G ratio of 0.71 and a beta of 1.41. Freeport-McMoRan Inc. has a 52-week low of $35.15 and a 52-week high of $80.24.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last posted its quarterly earnings data on Thursday, July 23rd. The natural resource company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.62 by $0.12. The firm had revenue of $7.03 billion for the quarter, compared to analysts’ expectations of $6.62 billion. Freeport-McMoRan had a return on equity of 10.63% and a net margin of 11.39%.The business’s quarterly revenue was down 7.3% on a year-over-year basis. During the same period in the previous year, the firm earned $0.54 EPS. Analysts forecast that Freeport-McMoRan Inc. will post 2.81 EPS for the current year.

Freeport-McMoRan Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 3rd. Stockholders of record on Wednesday, July 15th were paid a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, July 15th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.4%. Freeport-McMoRan’s dividend payout ratio is 14.78%.

Insider Activity

In related news, CAO Stephen T. Higgins sold 14,277 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $69.50, for a total value of $992,251.50. Following the completion of the transaction, the chief accounting officer owned 54,618 shares of the company’s stock, valued at approximately $3,795,951. This represents a 20.72% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Lydia H. Kennard sold 3,798 shares of the stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $79.11, for a total value of $300,459.78. Following the completion of the sale, the director owned 122,702 shares of the company’s stock, valued at $9,706,955.22. The trade was a 3.00% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 110,398 shares of company stock valued at $8,387,271 over the last 90 days. Company insiders own 0.73% of the company’s stock.

Analyst Ratings Changes

FCX has been the topic of several analyst reports. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Freeport-McMoRan in a research note on Friday, May 15th. Freedom Broker lowered shares of Freeport-McMoRan from a “strong-buy” rating to a “hold” rating in a report on Thursday. Bank of America upped their price objective on Freeport-McMoRan from $74.00 to $80.00 and gave the company a “buy” rating in a research report on Thursday, July 9th. Sanford C. Bernstein increased their target price on Freeport-McMoRan from $53.50 to $58.50 and gave the company a “market perform” rating in a research note on Wednesday, June 10th. Finally, Erste Group Bank assumed coverage on Freeport-McMoRan in a report on Thursday, August 27th. They issued a “buy” rating for the company. One analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $70.27.

Read Our Latest Stock Analysis on Freeport-McMoRan

About Freeport-McMoRan

(Free Report)

Freeport-McMoRan Inc is a U.S.-based natural resources company primarily engaged in the exploration, mining and processing of copper, gold and molybdenum. Its operations encompass large-scale open-pit and underground mining as well as associated concentrator and milling facilities. The company produces copper in the form of concentrates and cathodes, and also recovers gold and molybdenum as co-products; its business model includes exploration, development, mining, beneficiation and the sale of bulk commodities to smelters and industrial customers.

Freeport-McMoRan conducts operations and development activities across multiple geographies, with substantial assets in the Americas and Indonesia.