International Assets Investment Management LLC Raises Stock Position in Freeport-McMoRan Inc. $FCX

International Assets Investment Management LLC lifted its stake in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 91.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 50,325 shares of the natural resource company’s stock after acquiring an additional 24,090 shares during the quarter. International Assets Investment Management LLC’s holdings in Freeport-McMoRan were worth $2,556,000 as of its most recent SEC filing.

Several other institutional investors have also modified their holdings of the stock. MGO One Seven LLC lifted its position in shares of Freeport-McMoRan by 18.7% during the 4th quarter. MGO One Seven LLC now owns 30,182 shares of the natural resource company’s stock worth $1,533,000 after buying an additional 4,759 shares during the last quarter. Crestwood Advisors Group LLC lifted its position in shares of Freeport-McMoRan by 28.3% during the 4th quarter. Crestwood Advisors Group LLC now owns 7,511 shares of the natural resource company’s stock worth $381,000 after buying an additional 1,656 shares during the last quarter. Allegiance Financial Group Advisory Services LLC purchased a new stake in shares of Freeport-McMoRan during the 4th quarter worth approximately $322,000. Retirement Planning Group LLC purchased a new stake in shares of Freeport-McMoRan during the 4th quarter worth approximately $288,000. Finally, K.J. Harrison & Partners Inc lifted its position in shares of Freeport-McMoRan by 6.8% during the 4th quarter. K.J. Harrison & Partners Inc now owns 173,523 shares of the natural resource company’s stock worth $8,813,000 after buying an additional 10,994 shares during the last quarter. Hedge funds and other institutional investors own 80.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on FCX. Sanford C. Bernstein reduced their price objective on shares of Freeport-McMoRan from $54.00 to $53.50 and set a “market perform” rating for the company in a research report on Friday, April 24th. Morgan Stanley restated an “equal weight” rating and set a $66.00 price objective (down from $70.00) on shares of Freeport-McMoRan in a research report on Friday, April 24th. The Goldman Sachs Group reduced their price objective on shares of Freeport-McMoRan from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Friday, April 24th. UBS Group boosted their price objective on shares of Freeport-McMoRan from $66.00 to $74.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Finally, Deutsche Bank Aktiengesellschaft reduced their price objective on shares of Freeport-McMoRan from $72.00 to $68.00 and set a “buy” rating for the company in a research report on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $65.14.

Freeport-McMoRan Stock Down 0.5%

FCX stock opened at $60.59 on Friday. The company has a fifty day moving average price of $61.79 and a 200 day moving average price of $54.79. Freeport-McMoRan Inc. has a 12 month low of $35.15 and a 12 month high of $70.96. The company has a market cap of $87.08 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 0.75 and a beta of 1.32. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.39 and a quick ratio of 1.13.

Freeport-McMoRan (NYSE:FCX) last released its quarterly earnings results on Thursday, April 23rd. The natural resource company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.47 by $0.10. Freeport-McMoRan had a net margin of 10.34% and a return on equity of 9.88%. The firm had revenue of $6.23 billion during the quarter, compared to the consensus estimate of $5.73 billion. During the same quarter in the prior year, the firm earned $0.24 EPS. Freeport-McMoRan’s revenue for the quarter was up 8.8% on a year-over-year basis. Sell-side analysts expect that Freeport-McMoRan Inc. will post 2.52 earnings per share for the current year.

Freeport-McMoRan Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Wednesday, April 15th were given a $0.075 dividend. The ex-dividend date was Wednesday, April 15th. This represents a $0.30 annualized dividend and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio is 15.96%.

Insider Transactions at Freeport-McMoRan

In other Freeport-McMoRan news, EVP Douglas N. Currault II sold 75,000 shares of the company’s stock in a transaction on 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 owned 219,181 shares in the company, valued at approximately $14,141,558.12. This represents a 25.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Maree E. Robertson sold 48,500 shares of the company’s stock in a transaction on Friday, February 13th. The stock was sold at an average price of $61.55, for a total transaction of $2,985,175.00. Following the transaction, the chief financial officer owned 79,894 shares of the company’s stock, valued at approximately $4,917,475.70. The trade was a 37.77% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 565,145 shares of company stock worth $35,839,918 over the last 90 days. Company insiders own 0.75% of the company’s stock.

Trending Headlines about Freeport-McMoRan

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

• Positive Sentiment: Zacks Research raised multiple near-term EPS estimates for FCX (Q2–Q3 2026 and several 2027 quarters), which supports a higher earnings trajectory and can be a catalyst for the stock. Zacks raises estimates
• Positive Sentiment: Trefis highlights that copper — central to EVs, data centers and renewables — remains the core driver for Freeport’s valuation; strong structural demand for copper underpins long-term upside for FCX. Freeport-McMoRan Earnings: The Good, the Bad, and the Grasberg
• Positive Sentiment: MarketWatch reported FCX outperformed peers on a recent strong trading day, signaling short-term investor interest and momentum into the name. Freeport-McMoRan stock outperforms competitors
• Neutral Sentiment: KalkineMedia flags that recent developments have put a “Russell 1000 copper focus” in play—meaning index reweights or investor attention toward copper names could shift flows into or out of FCX; the ultimate net impact depends on index decisions and fund behaviors. Freeport Shock Puts Russell 1000 Copper Focus In Play
• Negative Sentiment: Trefis also calls out Grasberg-related operational and regulatory risks (production variability, local/permit issues and concentrate/expense swings). Those company-specific uncertainties can pressure short-term earnings and create volatility for FCX. Freeport-McMoRan Earnings: The Good, the Bad, and the Grasberg

About Freeport-McMoRan

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.