Myriad Asset Management US LP Makes New $2.03 Million Investment in Freeport-McMoRan Inc. $FCX

Myriad Asset Management US LP purchased a new stake in shares of Freeport-McMoRan Inc. (NYSE:FCX) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 51,806 shares of the natural resource company’s stock, valued at approximately $2,032,000. Freeport-McMoRan accounts for 1.1% of Myriad Asset Management US LP’s holdings, making the stock its 19th largest position.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Vanguard Capital Wealth Advisors grew its stake in shares of Freeport-McMoRan by 112.9% in the third quarter. Vanguard Capital Wealth Advisors now owns 13,200 shares of the natural resource company’s stock worth $518,000 after purchasing an additional 7,000 shares during the last quarter. Parkside Financial Bank & Trust boosted its holdings in shares of Freeport-McMoRan by 84.4% during the 3rd quarter. Parkside Financial Bank & Trust now owns 9,578 shares of the natural resource company’s stock valued at $376,000 after buying an additional 4,383 shares in the last quarter. iA Global Asset Management Inc. bought a new stake in Freeport-McMoRan during the third quarter worth about $2,264,000. Quadrant Private Wealth Management LLC grew its stake in shares of Freeport-McMoRan by 1.5% in the 3rd quarter. Quadrant Private Wealth Management LLC now owns 64,245 shares of the natural resource company’s stock worth $2,520,000 after buying an additional 966 shares during the last quarter. Finally, New Wave Wealth Advisors LLC purchased a new stake in shares of Freeport-McMoRan in the third quarter worth $367,000. Institutional investors own 80.77% of the company’s stock.

Insider Activity at Freeport-McMoRan

In other news, CAO Ellie L. Mikes sold 9,572 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $47.66, for a total transaction of $456,201.52. Following the sale, the chief accounting officer directly owned 38,761 shares of the company’s stock, valued at $1,847,349.26. This represents a 19.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen T. Higgins sold 28,423 shares of Freeport-McMoRan stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the sale, the chief accounting officer directly owned 105,294 shares in the company, valued at $5,053,059.06. This represents a 21.26% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 0.75% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts recently weighed in on the stock. Hsbc Global Res raised shares of Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. UBS Group raised their price target on shares of Freeport-McMoRan from $55.00 to $60.00 and gave the company a “buy” rating in a report on Friday, December 12th. Raymond James Financial boosted their price objective on shares of Freeport-McMoRan from $53.00 to $66.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Bank of America raised shares of Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $42.00 target price for the company in a research report on Tuesday, September 30th. Finally, Johnson Rice lowered their price target on Freeport-McMoRan from $55.00 to $48.00 in a report on Monday, September 29th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $55.30.

Freeport-McMoRan Price Performance

Shares of FCX opened at $58.89 on Friday. The company has a 50 day moving average price of $49.37 and a 200-day moving average price of $44.91. Freeport-McMoRan Inc. has a fifty-two week low of $27.66 and a fifty-two week high of $62.13. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45. The stock has a market capitalization of $84.56 billion, a PE ratio of 41.47, a PEG ratio of 0.71 and a beta of 1.45.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings data on Thursday, January 22nd. The natural resource company reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.19. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The firm had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.42 billion. During the same quarter last year, the firm earned $0.31 EPS. The business’s quarterly revenue was down 1.5% on a year-over-year basis. Equities analysts predict that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Shareholders of record on Thursday, January 15th will be given a dividend of $0.075 per share. The ex-dividend date of this dividend is Thursday, January 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio (DPR) is currently 21.13%.

Key Freeport-McMoRan News

Here are the key news stories impacting Freeport-McMoRan this week:

• Positive Sentiment: Q4 results beat expectations — FCX reported $0.47 EPS vs. consensus ~$0.28 and revenue above estimates (~$5.6B vs ~$5.4B), driven by higher realized copper and gold prices that boosted net income. This is the primary catalyst lifting the stock. Freeport-McMoRan (FCX) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Analyst upgrades and higher price targets — HSBC and other houses have raised targets and reiterated buy/overweight views (HSBC bumped its target to $69), which is supporting momentum and investor interest. HSBC adjusts price target on Freeport-McMoRan to $69 from $48; maintains buy rating
• Positive Sentiment: Technical/market momentum — the shares recently hit a new 12‑month / 52‑week high amid the earnings/upgrade cycle, reinforcing momentum flows into the stock. Freeport-McMoRan (NYSE:FCX) Sets New 12-Month High Following Analyst Upgrade
• Neutral Sentiment: Management commentary and details available — the earnings call and full transcript provide color on volumes, costs and capital spending; investors will parse guidance and Q1/2026 outlook on the call transcript. Freeport-McMoRan (FCX) Q4 2025 Earnings Transcript
• Negative Sentiment: Trimmed 2026 copper‑sales outlook — Freeport trimmed its 2026 copper sales outlook after Q4 volume dynamics, which could limit upside if volumes remain pressured. Investors should watch revised production/volume guidance. FCX Earnings Beat; 2026 Copper Sales Outlook Trimmed
• Negative Sentiment: Operational headwinds at Grasberg and lower volumes — production was materially affected by a suspension at one mine (Grasberg), reducing volumes and pressuring some operating metrics despite price-driven profit gains. That operational risk could cap the share rally if unresolved. Freeport-McMoRan profit beats as high copper prices offset Grasberg hit

Freeport-McMoRan Company Profile

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.