Freeport-McMoRan Inc. $FCX Holdings Raised by Nan Shan Life Insurance Co. Ltd.

Posted by Brenda Bartman on Sep 2nd, 2026

Nan Shan Life Insurance Co. Ltd. lifted its position in Freeport-McMoRan Inc. (NYSE:FCX – Free Report) by 692.2% in the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 391,700 shares of the natural resource company’s stock after acquiring an additional 342,258 shares during the quarter. Nan Shan Life Insurance Co. Ltd.’s holdings in Freeport-McMoRan were worth $24,634,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Requisite Capital Management LLC acquired a new stake in shares of Freeport-McMoRan during the second quarter worth approximately $225,000. Vanguard Capital Wealth Advisors raised its holdings in shares of Freeport-McMoRan by 208.4% during the second quarter. Vanguard Capital Wealth Advisors now owns 11,700 shares of the natural resource company’s stock worth $736,000 after acquiring an additional 7,906 shares in the last quarter. Triumph Capital Management raised its holdings in shares of Freeport-McMoRan by 14,757.9% during the second quarter. Triumph Capital Management now owns 14,115 shares of the natural resource company’s stock worth $888,000 after acquiring an additional 14,020 shares in the last quarter. Legacy Financial Advisors Inc. boosted its position in Freeport-McMoRan by 7.1% during the second quarter. Legacy Financial Advisors Inc. now owns 11,822 shares of the natural resource company’s stock valued at $744,000 after purchasing an additional 779 shares during the last quarter. Finally, Proficio Capital Partners LLC acquired a new stake in Freeport-McMoRan during the second quarter valued at $654,000. 80.77% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Freeport-McMoRan

In other news, CAO Ellie L. Mikes sold 4,773 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $70.00, for a total value of $334,110.00. Following the completion of the transaction, the chief accounting officer owned 36,000 shares in the company, valued at approximately $2,520,000. This represents a 11.71% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Lydia H. Kennard sold 3,798 shares of the stock in a transaction that occurred 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 transaction, the director directly owned 122,702 shares of the company’s stock, valued at approximately $9,706,955.22. The trade was a 3.00% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 110,398 shares of company stock worth $8,387,271 over the last three months. 0.73% of the stock is currently owned by corporate insiders.

Freeport-McMoRan Stock Performance

Shares of FCX opened at $72.42 on Wednesday. The company has a market capitalization of $104.00 billion, a PE ratio of 35.68, a price-to-earnings-growth ratio of 0.74 and a beta of 1.40. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.07 and a quick ratio of 0.92. Freeport-McMoRan Inc. has a one year low of $35.15 and a one year high of $80.24. The company’s fifty day moving average price is $65.75 and its 200 day moving average price is $64.15.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last announced its earnings results on Thursday, July 23rd. The natural resource company reported $0.74 earnings per share for the quarter, beating the consensus estimate of $0.62 by $0.12. Freeport-McMoRan had a return on equity of 10.63% and a net margin of 11.39%.The firm had revenue of $7.03 billion during the quarter, compared to the consensus estimate of $6.62 billion. During the same quarter in the prior year, the company earned $0.54 EPS. The firm’s revenue for the quarter was down 7.3% compared to the same quarter last year. As a group, analysts expect that Freeport-McMoRan Inc. will post 2.81 earnings per share 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 issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, July 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is presently 14.78%.

Wall Street Analysts Forecast Growth

FCX has been the topic of several research reports. BNP Paribas Exane upped their target price on Freeport-McMoRan from $71.00 to $82.00 and gave the stock an “outperform” rating in a research report on Thursday, June 18th. Bank of America lifted their price target on Freeport-McMoRan from $74.00 to $80.00 and gave the company a “buy” rating in a report on Thursday, July 9th. BMO Capital Markets reissued an “outperform” rating and issued a $78.00 price target on shares of Freeport-McMoRan in a research note on Thursday, July 23rd. Weiss Ratings upgraded Freeport-McMoRan from a “hold (c+)” rating to a “buy (b-)” rating in a report on Friday, July 31st. Finally, UBS Group raised their price objective on shares of Freeport-McMoRan from $75.00 to $77.00 and gave the company a “buy” rating in a research report on Tuesday, June 30th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $70.27.

Get Our Latest Stock Report on Freeport-McMoRan

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.