Freeport-McMoRan Inc. $FCX Shares Purchased by Quattro Financial Advisors LLC

Quattro Financial Advisors LLC lifted its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 18.3% in the 4th quarter, Holdings Channel reports. The firm owned 77,847 shares of the natural resource company’s stock after purchasing an additional 12,060 shares during the quarter. Freeport-McMoRan accounts for approximately 1.2% of Quattro Financial Advisors LLC’s portfolio, making the stock its 25th biggest position. Quattro Financial Advisors LLC’s holdings in Freeport-McMoRan were worth $3,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Trivium Point Advisory LLC lifted its stake in shares of Freeport-McMoRan by 44.6% in the fourth quarter. Trivium Point Advisory LLC now owns 11,648 shares of the natural resource company’s stock valued at $592,000 after purchasing an additional 3,592 shares during the period. Merit Financial Group LLC lifted its stake in shares of Freeport-McMoRan by 43.0% in the fourth quarter. Merit Financial Group LLC now owns 78,170 shares of the natural resource company’s stock valued at $3,970,000 after purchasing an additional 23,501 shares during the period. AE Wealth Management LLC lifted its stake in shares of Freeport-McMoRan by 632.1% in the fourth quarter. AE Wealth Management LLC now owns 167,561 shares of the natural resource company’s stock valued at $8,510,000 after purchasing an additional 144,674 shares during the period. Shelton Wealth Management LLC lifted its stake in shares of Freeport-McMoRan by 6.9% in the fourth quarter. Shelton Wealth Management LLC now owns 27,938 shares of the natural resource company’s stock valued at $1,419,000 after purchasing an additional 1,810 shares during the period. Finally, Oxinas Partners LLC acquired a new stake in shares of Freeport-McMoRan in the fourth quarter valued at about $1,101,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

Analyst Ratings Changes

Several analysts recently commented on FCX shares. UBS Group reduced their price objective on shares of Freeport-McMoRan from $70.00 to $66.00 and set a “buy” rating for the company in a research note on Friday, March 27th. Morgan Stanley set a $70.00 price objective on shares of Freeport-McMoRan in a research note on Tuesday, January 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of Freeport-McMoRan in a research note on Thursday, January 22nd. Scotiabank reduced their price objective on shares of Freeport-McMoRan from $72.00 to $71.00 and set a “sector perform” rating for the company in a research note on Tuesday. Finally, Freedom Capital upgraded shares of Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research note on Saturday, February 21st. Two research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $66.26.

Insider Activity

In other Freeport-McMoRan news, EVP Douglas N. Currault II sold 75,000 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $64.52, for a total transaction of $4,839,000.00. Following the completion of the transaction, the executive vice president directly owned 219,181 shares in the company, valued at approximately $14,141,558.12. This trade represents a 25.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Stephen T. Higgins sold 29,654 shares of Freeport-McMoRan stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $63.00, for a total transaction of $1,868,202.00. Following the sale, the chief accounting officer owned 76,445 shares of the company’s stock, valued at approximately $4,816,035. This trade represents a 27.95% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 565,145 shares of company stock worth $35,839,918 in the last three months. Company insiders own 0.75% of the company’s stock.

Freeport-McMoRan Stock Performance

NYSE:FCX opened at $70.11 on Friday. The company has a current ratio of 2.29, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $62.20 and a two-hundred day moving average price of $52.86. Freeport-McMoRan Inc. has a twelve month low of $32.12 and a twelve month high of $70.71. The company has a market capitalization of $100.76 billion, a P/E ratio of 46.43, a price-to-earnings-growth ratio of 0.78 and a beta of 1.48.

Freeport-McMoRan (NYSE:FCX) last posted its earnings results on Thursday, January 22nd. The natural resource company reported $0.47 earnings per share for the quarter, beating the consensus estimate of $0.28 by $0.19. Freeport-McMoRan had a net margin of 8.50% and a return on equity of 8.50%. The firm had revenue of $5.63 billion during the quarter, compared to the consensus estimate of $5.42 billion. During the same period last year, the firm posted $0.31 EPS. The firm’s revenue for the quarter was down 1.5% on a year-over-year basis. As a group, research analysts expect that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current fiscal year.

Freeport-McMoRan Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 1st. Shareholders of record on Wednesday, April 15th will be issued a dividend of $0.075 per share. This represents a $0.30 annualized dividend and a yield of 0.4%. The ex-dividend date is Wednesday, April 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is 19.87%.

Key Freeport-McMoRan News

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

• Positive Sentiment: Earnings outlook: Analysts and research notes see the company positioned to deliver an earnings beat in the upcoming report, citing the right combination of revenue and cost factors that support higher guidance and potential upside to consensus estimates. This improves near-term fundamentals sentiment for FCX. Freeport-McMoRan (FCX) Earnings Expected to Grow: Should You Buy?
• Positive Sentiment: Market action: The stock moved higher in the latest session versus the broader market, reflecting investor buying interest alongside elevated volume — a near-term technical tailwind that reinforces momentum-driven inflows. Freeport-McMoRan (FCX) Rises Higher Than Market: Key Facts
• Neutral Sentiment: Insider selling noted: Reports show executives sold shares while the stock rallied past the $69 level. Insider sales can be interpreted many ways (portfolio diversification, taxes, or signaling), so investors should monitor the size, timing and reason disclosures before changing positions. Freeport-McMoRan (FCX) Stock Soars Past $69 While Executives Unload Shares
• Negative Sentiment: Analyst target cut: Scotiabank trimmed its price target to $71, which is mildly negative because it reduces some analyst-driven upside and could cap momentum if other firms follow. This raises some valuation risk even as fundamentals look supportive. Scotiabank Lowers Freeport-McMoRan (NYSE:FCX) Price Target to $71.00

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.