Applied Finance Capital Management LLC Makes New $868,000 Investment in Freeport-McMoRan Inc. $FCX

Applied Finance Capital Management LLC acquired a new position in shares of Freeport-McMoRan Inc. (NYSE:FCX) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 17,090 shares of the natural resource company’s stock, valued at approximately $868,000.

A number of other large investors also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new position in Freeport-McMoRan in the fourth quarter worth approximately $38,000. JPL Wealth Management LLC bought a new stake in Freeport-McMoRan during the third quarter worth approximately $33,000. Laurel Wealth Advisors LLC bought a new stake in Freeport-McMoRan during the fourth quarter worth approximately $43,000. YANKCOM Partnership boosted its position in Freeport-McMoRan by 83.3% during the fourth quarter. YANKCOM Partnership now owns 869 shares of the natural resource company’s stock worth $44,000 after purchasing an additional 395 shares during the period. Finally, Pilgrim Partners Asia Pte Ltd bought a new stake in Freeport-McMoRan during the third quarter worth approximately $36,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

Wall Street Analysts Forecast Growth

FCX has been the subject of several research reports. Freedom Capital raised Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research report on Saturday, February 21st. CICC Research cut their target price on Freeport-McMoRan from $64.40 to $63.40 and set an “outperform” rating for the company in a research note on Tuesday, April 28th. HSBC increased their price objective on Freeport-McMoRan from $69.00 to $72.00 and gave the stock a “buy” rating in a research note on Tuesday, April 14th. The Goldman Sachs Group lowered their target price on Freeport-McMoRan from $70.00 to $68.00 and set a “buy” rating for the company in a research note on Friday, April 24th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Freeport-McMoRan in a research note on Friday. One investment analyst has rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, Freeport-McMoRan presently has an average rating of “Moderate Buy” and a consensus target price of $65.14.

Insider Activity

In other news, 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 transaction, the chief accounting officer owned 76,445 shares in the company, valued at $4,816,035. The trade was a 27.95% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Ellie L. Mikes sold 11,000 shares of Freeport-McMoRan stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $62.03, for a total value of $682,330.00. Following the transaction, the chief accounting officer owned 40,773 shares in the company, valued at $2,529,149.19. This trade represents a 21.25% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.75% of the company’s stock.

Freeport-McMoRan News Roundup

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

• Positive Sentiment: Industry outlook pieces highlighted Freeport-McMoRan as a beneficiary of rising copper demand tied to AI infrastructure, power grids, and energy projects, which supports the longer-term investment case for FCX. Zacks Industry Outlook Highlights Southern Copper, Freeport-McMoRan and Lundin Mining
• Positive Sentiment: FCX was also mentioned in “best mining stocks” and “stocks to watch” lists, reflecting continued investor interest and a favorable view of its growth potential despite near-term industry headwinds. Freeport-McMoRan (FCX): The Best American Mining Stock to Buy Right Now
• Positive Sentiment: Analyst commentary noted that Citi and Jefferies remain constructive on FCX even after modest price-target cuts, indicating Wall Street still sees upside potential. Freeport-McMoRan (FCX): The Best American Mining Stock to Buy Right Now
• Neutral Sentiment: Freeport-McMoRan’s presentation at the Bank of America Global Metals, Mining & Steel Conference may provide investors with updates on strategy and operations, but no new catalyst was indicated in the headline. Freeport-McMoRan Inc. (FCX) Presents at Bank of America Global Metals, Mining & Steel Conference 2026 Transcript
• Negative Sentiment: The main near-term overhang is the reduced 2026 copper sales outlook after Grasberg disruptions, which directly affects production expectations and is likely weighing on FCX shares. Grasberg Disruptions Weigh on FCX’s Q1 Volumes: What Lies Ahead?

Freeport-McMoRan Price Performance

Shares of FCX opened at $63.02 on Friday. Freeport-McMoRan Inc. has a 1 year low of $35.15 and a 1 year high of $70.96. The company has a current ratio of 2.39, a quick ratio of 1.13 and a debt-to-equity ratio of 0.28. The stock has a market cap of $90.60 billion, a P/E ratio of 33.52, a price-to-earnings-growth ratio of 0.76 and a beta of 1.32. The stock’s 50-day moving average price is $61.45 and its two-hundred day moving average price is $55.68.

Freeport-McMoRan (NYSE:FCX) last released its quarterly earnings data on Thursday, April 23rd. The natural resource company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.10. Freeport-McMoRan had a return on equity of 9.88% and a net margin of 10.34%.The business had revenue of $6.23 billion for the quarter, compared to analysts’ expectations of $5.73 billion. During the same quarter in the previous year, the business posted $0.24 EPS. Freeport-McMoRan’s revenue for the quarter was up 8.8% on a year-over-year basis. On average, equities analysts predict that Freeport-McMoRan Inc. will post 2.56 earnings per share for the current year.

Freeport-McMoRan Dividend Announcement

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

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.