25,930 Shares in Freeport-McMoRan Inc. $FCX Acquired by Quantbot Technologies LP

Posted by Geri Gentry on Aug 25th, 2026

Quantbot Technologies LP purchased a new position in Freeport-McMoRan Inc. (NYSE:FCX – Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 25,930 shares of the natural resource company’s stock, valued at approximately $1,631,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of FCX. Strategic Investment Solutions Inc. IL bought a new position in shares of Freeport-McMoRan in the 4th quarter worth $25,000. Steph & Co. increased its holdings in Freeport-McMoRan by 43.7% during the 1st quarter. Steph & Co. now owns 493 shares of the natural resource company’s stock worth $29,000 after purchasing an additional 150 shares in the last quarter. Cassaday & Co Wealth Management LLC bought a new stake in Freeport-McMoRan during the first quarter worth $29,000. Kemnay Advisory Services Inc. purchased a new stake in shares of Freeport-McMoRan in the fourth quarter valued at about $29,000. Finally, SHP Wealth Management purchased a new stake in Freeport-McMoRan in the 4th quarter valued at about $30,000. Institutional investors own 80.77% of the company’s stock.

Analyst Ratings Changes

Several brokerages have commented on FCX. Citigroup reaffirmed a “positive” rating on shares of Freeport-McMoRan in a research report on Wednesday, July 15th. Stifel Nicolaus increased their target price on shares of Freeport-McMoRan from $76.00 to $80.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Weiss Ratings upgraded shares of Freeport-McMoRan from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Friday, July 31st. Morgan Stanley boosted their price target on shares of Freeport-McMoRan from $66.00 to $70.00 and gave the company an “equal weight” rating in a research report on Wednesday, July 8th. Finally, BNP Paribas Exane upped their price target on shares of Freeport-McMoRan from $71.00 to $82.00 and gave the company an “outperform” rating in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $70.27.

Get Our Latest Stock Analysis on Freeport-McMoRan

Freeport-McMoRan Stock Up 1.5%

FCX stock opened at $77.79 on Tuesday. The company has a quick ratio of 0.92, a current ratio of 2.07 and a debt-to-equity ratio of 0.25. The firm has a market capitalization of $111.71 billion, a PE ratio of 38.32, a PEG ratio of 0.76 and a beta of 1.37. Freeport-McMoRan Inc. has a twelve month low of $35.15 and a twelve month high of $78.88. The stock has a 50-day simple moving average of $64.71 and a two-hundred day simple moving average of $63.53.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The natural resource company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.62 by $0.12. The firm had revenue of $7.03 billion for the quarter, compared to the consensus estimate of $6.62 billion. Freeport-McMoRan had a net margin of 11.39% and a return on equity of 10.63%. The company’s revenue for the quarter was down 7.3% on a year-over-year basis. During the same period in the prior year, the firm posted $0.54 earnings per share. On average, equities analysts predict that Freeport-McMoRan Inc. will post 2.79 EPS for the current fiscal year.

Freeport-McMoRan Announces Dividend

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

Insider Buying and Selling at Freeport-McMoRan

In other news, CAO Ellie L. Mikes sold 4,773 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $70.00, for a total transaction of $334,110.00. Following the completion of the transaction, the chief accounting officer directly owned 36,000 shares in the company, valued at $2,520,000. The trade was a 11.71% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CAO Stephen T. Higgins sold 14,277 shares of the business’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $69.50, for a total transaction of $992,251.50. Following the transaction, the chief accounting officer owned 54,618 shares of the company’s stock, valued at $3,795,951. This trade represents a 20.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 26,600 shares of company stock valued at $1,802,012. Insiders own 0.73% of the company’s stock.

Freeport-McMoRan Profile

(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.