13,007 Shares in Southern Copper Corporation $SCCO Acquired by Walser Wealth Management Company A Ltd Liability Co

Posted by Francis Steltz on Jul 7th, 2026

Walser Wealth Management Company A Ltd Liability Co bought a new stake in Southern Copper Corporation (NYSE:SCCO – Free Report) in the 1st quarter, HoldingsChannel.com reports. The firm bought 13,007 shares of the basic materials company’s stock, valued at approximately $2,238,000. Southern Copper makes up approximately 1.0% of Walser Wealth Management Company A Ltd Liability Co’s investment portfolio, making the stock its 16th largest holding.

Other hedge funds have also recently added to or reduced their stakes in the company. National Wealth Management Group LLC purchased a new position in shares of Southern Copper in the 4th quarter valued at approximately $1,281,000. Nordea Investment Management AB boosted its holdings in Southern Copper by 74.0% during the fourth quarter. Nordea Investment Management AB now owns 258,341 shares of the basic materials company’s stock worth $37,142,000 after buying an additional 109,857 shares in the last quarter. Oak Harvest Investment Services acquired a new position in Southern Copper during the fourth quarter worth $7,650,000. Savvy Advisors Inc. acquired a new position in shares of Southern Copper during the 4th quarter worth $1,434,000. Finally, Schroder Investment Management Group grew its position in shares of Southern Copper by 54.6% in the third quarter. Schroder Investment Management Group now owns 505,284 shares of the basic materials company’s stock valued at $61,321,000 after purchasing an additional 178,350 shares during the last quarter. Hedge funds and other institutional investors own 7.94% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently commented on SCCO shares. Wells Fargo & Company set a $171.00 price objective on Southern Copper and gave the company an “equal weight” rating in a research report on Friday, May 1st. Morgan Stanley upped their target price on shares of Southern Copper from $155.00 to $160.00 and gave the company an “underweight” rating in a research note on Thursday, April 9th. Weiss Ratings restated a “buy (b)” rating on shares of Southern Copper in a research note on Wednesday, June 24th. Scotiabank restated an “underperform” rating and issued a $140.00 target price (up from $135.00) on shares of Southern Copper in a research note on Monday, June 15th. Finally, JPMorgan Chase & Co. increased their price target on shares of Southern Copper from $127.00 to $131.50 and gave the stock an “underweight” rating in a research report on Wednesday, June 17th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and eight have assigned a Sell rating to the company. According to MarketBeat.com, Southern Copper presently has a consensus rating of “Reduce” and an average price target of $147.19.

View Our Latest Research Report on Southern Copper

Southern Copper Price Performance

Southern Copper stock traded down $5.76 during midday trading on Tuesday, hitting $168.11. The company’s stock had a trading volume of 169,029 shares, compared to its average volume of 1,766,201. The stock’s 50-day moving average price is $181.53 and its 200-day moving average price is $180.10. The company has a market capitalization of $138.87 billion, a PE ratio of 27.71, a price-to-earnings-growth ratio of 1.55 and a beta of 1.11. The company has a quick ratio of 3.89, a current ratio of 4.38 and a debt-to-equity ratio of 0.57. Southern Copper Corporation has a 12 month low of $88.73 and a 12 month high of $223.88.

Southern Copper Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 29th. Shareholders of record on Wednesday, May 13th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend was Wednesday, May 13th. Southern Copper’s payout ratio is 66.12%.

Insider Activity

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 200 shares of the firm’s stock in a transaction dated Thursday, May 21st. The stock was sold at an average price of $177.82, for a total transaction of $35,564.00. Following the completion of the sale, the director directly owned 1,807 shares in the company, valued at approximately $321,320.74. This trade represents a 9.97% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 404 shares of company stock valued at $74,108 in the last ninety days. 0.07% of the stock is owned by corporate insiders.

Southern Copper Profile

(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.