GC Wealth Management RIA LLC Invests $706,000 in Southern Copper Corporation $SCCO

Posted by Francis Steltz on Jul 26th, 2026

GC Wealth Management RIA LLC bought a new stake in Southern Copper Corporation (NYSE:SCCO – Free Report) during the first quarter, HoldingsChannel reports. The fund bought 4,105 shares of the basic materials company’s stock, valued at approximately $706,000.

A number of other large investors have also added to or reduced their stakes in SCCO. SHP Wealth Management bought a new stake in Southern Copper during the fourth quarter worth about $25,000. Lloyd Advisory Services LLC. bought a new position in shares of Southern Copper during the 4th quarter valued at about $29,000. Virtus Advisers LLC purchased a new position in shares of Southern Copper during the 4th quarter valued at about $29,000. Godfrey Financial Associates Inc. purchased a new position in shares of Southern Copper during the 4th quarter valued at about $30,000. Finally, IFP Advisors Inc lifted its position in Southern Copper by 233.3% in the 4th quarter. IFP Advisors Inc now owns 230 shares of the basic materials company’s stock worth $33,000 after buying an additional 161 shares during the last quarter. Hedge funds and other institutional investors own 7.94% of the company’s stock.

Insider Activity at Southern Copper

In related news, Director Bonilla Luis Miguel Palomino sold 200 shares of Southern Copper stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $177.82, for a total value of $35,564.00. Following the transaction, the director directly owned 1,807 shares of the company’s stock, valued at $321,320.74. The trade was a 9.97% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders have sold 404 shares of company stock valued at $74,108 over the last quarter. 0.07% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several analysts have issued reports on SCCO shares. Morgan Stanley upped their target price on Southern Copper from $146.00 to $158.00 and gave the stock an “underweight” rating in a research note on Wednesday, July 8th. Zacks Research raised shares of Southern Copper from a “hold” rating to a “strong-buy” rating in a research note on Thursday, July 9th. Wall Street Zen upgraded shares of Southern Copper from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. UBS Group reaffirmed a “sell” rating and issued a $160.00 price objective (up from $145.00) on shares of Southern Copper in a research note on Tuesday, June 30th. Finally, Scotiabank reaffirmed an “underperform” rating and set a $140.00 target price (up from $135.00) on shares of Southern Copper in a report on Monday, June 15th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, three have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Reduce” and an average target price of $148.60.

View Our Latest Stock Report on Southern Copper

Southern Copper Trading Down 1.4%

Shares of SCCO stock opened at $179.69 on Friday. The business has a 50-day moving average of $180.76 and a 200 day moving average of $183.39. The company has a debt-to-equity ratio of 0.57, a current ratio of 4.38 and a quick ratio of 3.89. Southern Copper Corporation has a 1-year low of $88.73 and a 1-year high of $223.88. The stock has a market capitalization of $148.44 billion, a PE ratio of 26.27, a P/E/G ratio of 1.53 and a beta of 1.11.

Southern Copper shares are scheduled to split before the market opens on Tuesday, August 11th. The 1.012-1 split was recently announced. The newly issued shares will be payable to shareholders after the closing bell on Monday, August 10th.

Southern Copper (NYSE:SCCO – Get Free Report) last announced its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $2.01 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.06. Southern Copper had a return on equity of 50.74% and a net margin of 35.87%.The business had revenue of $4.29 billion for the quarter, compared to analysts’ expectations of $4.37 billion. The firm’s revenue for the quarter was up 40.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Southern Copper Corporation will post 7.63 earnings per share for the current year.

Southern Copper Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, August 27th. Stockholders of record on Tuesday, August 11th will be issued a $1.10 dividend. This is a positive change from Southern Copper’s previous quarterly dividend of $1.00. This represents a $4.40 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Tuesday, August 11th. Southern Copper’s dividend payout ratio (DPR) is 58.48%.

Southern Copper Company 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.