Engineers Gate Manager LP Sells 148,257 Shares of Sociedad Quimica y Minera S.A. $SQM

Posted by Stanley Muller on Sep 12th, 2026

Engineers Gate Manager LP lowered its holdings in Sociedad Quimica y Minera S.A. (NYSE:SQM – Free Report) by 65.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 77,255 shares of the basic materials company’s stock after selling 148,257 shares during the quarter. Engineers Gate Manager LP’s holdings in Sociedad Quimica y Minera were worth $5,720,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Caitong International Asset Management Co. Ltd acquired a new position in Sociedad Quimica y Minera during the fourth quarter worth $29,000. Fulcrum Asset Management LLP acquired a new position in shares of Sociedad Quimica y Minera during the third quarter valued at about $43,000. Triumph Capital Management bought a new stake in shares of Sociedad Quimica y Minera during the third quarter worth about $49,000. Leonteq Securities AG bought a new stake in shares of Sociedad Quimica y Minera during the fourth quarter worth about $58,000. Finally, Ameriflex Group Inc. acquired a new stake in shares of Sociedad Quimica y Minera in the 4th quarter worth about $60,000. Institutional investors own 12.41% of the company’s stock.

Sociedad Quimica y Minera Stock Down 3.6%

SQM opened at $69.90 on Friday. The company has a debt-to-equity ratio of 0.58, a current ratio of 2.76 and a quick ratio of 2.01. The company’s 50-day moving average is $73.37 and its 200 day moving average is $78.24. Sociedad Quimica y Minera S.A. has a fifty-two week low of $40.58 and a fifty-two week high of $98.00. The firm has a market capitalization of $19.97 billion, a P/E ratio of 14.41, a PEG ratio of 0.25 and a beta of 0.99.

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, topping the consensus estimate of $2.03 by $0.28. Sociedad Quimica y Minera had a net margin of 20.62% and a return on equity of 19.08%. The business had revenue of $2.47 billion for the quarter, compared to analysts’ expectations of $2.24 billion. During the same period in the previous year, the company earned $0.79 earnings per share. The firm’s revenue for the quarter was up 136.7% compared to the same quarter last year. Research analysts expect that Sociedad Quimica y Minera S.A. will post 7.33 earnings per share for the current fiscal year.

Sociedad Quimica y Minera Dividend Announcement

The firm also recently announced a special dividend, which will be paid on Monday, September 21st. Stockholders of record on Tuesday, September 8th will be paid a $1.435 dividend. The ex-dividend date is Tuesday, September 8th. Sociedad Quimica y Minera’s payout ratio is presently 35.26%.

Wall Street Analysts Forecast Growth

SQM has been the topic of several recent research reports. JPMorgan Chase & Co. dropped their price target on shares of Sociedad Quimica y Minera from $100.00 to $94.00 and set a “neutral” rating on the stock in a research report on Friday, August 28th. Wall Street Zen raised Sociedad Quimica y Minera from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 22nd. CLSA raised Sociedad Quimica y Minera to an “outperform” rating in a research note on Tuesday, June 2nd. Weiss Ratings upgraded Sociedad Quimica y Minera from a “hold (c)” rating to a “hold (c+)” rating in a report on Friday, August 21st. Finally, Scotiabank lifted their target price on Sociedad Quimica y Minera from $93.00 to $104.00 and gave the company a “sector outperform” rating in a research report on Monday, August 24th. One research analyst has rated the stock with a Strong Buy rating, five have given a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $79.90.

Get Our Latest Analysis on SQM

Sociedad Quimica y Minera Company Profile

(Free Report)

Sociedad Química y Minera de Chile SA (NYSE: SQM), commonly known as SQM, is a Chilean mining and chemicals company headquartered in Santiago. Its operations are centered in northern Chile, where it extracts mineral resources and processes them into products used in agriculture, industry and technology.

SQM is one of the world’s major producers of lithium and lithium derivatives, including lithium carbonate and lithium hydroxide used in rechargeable batteries and other applications. The company also produces specialty plant nutrients and potassium-based fertilizers, as well as iodine and iodine derivatives used in areas such as healthcare, nutrition and industrial manufacturing.

In addition, SQM produces industrial chemicals, including potassium chloride, potassium sulfate and certain industrial salts.