MUFG Securities EMEA plc Grows Stake in Freeport-McMoRan Inc. $FCX

MUFG Securities EMEA plc lifted its position in Freeport-McMoRan Inc. (NYSE:FCX) by 257.8% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,096,528 shares of the natural resource company’s stock after purchasing an additional 790,046 shares during the period. MUFG Securities EMEA plc’s holdings in Freeport-McMoRan were worth $55,693,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bearing Point Capital LLC purchased a new position in Freeport-McMoRan during the fourth quarter valued at $252,000. Holderness Investments Co. lifted its position in Freeport-McMoRan by 4.7% during the fourth quarter. Holderness Investments Co. now owns 18,433 shares of the natural resource company’s stock valued at $936,000 after purchasing an additional 831 shares in the last quarter. Catalyst Capital Advisors LLC lifted its position in Freeport-McMoRan by 9.8% during the fourth quarter. Catalyst Capital Advisors LLC now owns 34,032 shares of the natural resource company’s stock valued at $1,728,000 after purchasing an additional 3,032 shares in the last quarter. Cornerstone Select Advisors LLC purchased a new position in Freeport-McMoRan during the fourth quarter valued at $237,000. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Freeport-McMoRan during the fourth quarter valued at $110,210,000. 80.77% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Freeport-McMoRan

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

• Positive Sentiment: FCX is benefiting from renewed optimism around the electrification boom, with analysts highlighting its copper-focused business and Barclays’ recent Overweight rating and $77 price target. Why Wall Street Sees Freeport-McMoRan (FCX) Benefiting From The Electrification Boom
• Positive Sentiment: Investor sentiment has also been supported by strong recent share performance, with articles pointing to FCX’s large 1-year and year-to-date gains as evidence that the market is still rewarding the stock’s copper leverage. Reassessing Freeport McMoRan (FCX) Valuation After A Strong 1 Year Return Attracts Renewed Investor Attention
• Positive Sentiment: Some coverage argues FCX remains attractive on long-term fundamentals, citing a discounted valuation, resilient U.S. operations, and an expansion pipeline that could support earnings growth. Freeport-McMoRan: Robust Pipeline And Significant Long-Term Potential Make It A Buy
• Neutral Sentiment: Several recent articles simply note that FCX is attracting more investor and trader attention, which may reflect growing interest but does not by itself signal a major new catalyst. Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: FCX has also been mentioned in lists of top-performing silver and gold stocks, reinforcing its commodity exposure, but these pieces are mostly descriptive rather than clearly stock-moving. Is Freeport-McMoRan Inc. (FCX) Among the Best Performing Silver Stocks So Far in 2026?
• Negative Sentiment: A potential headwind remains the slower-than-expected recovery at the Grasberg copper and gold complex in Indonesia, which could weigh on near-term production expectations and sentiment. Is Freeport-McMoRan Inc. (FCX) Among the Best Performing Silver Stocks So Far in 2026?

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on FCX shares. Morgan Stanley reiterated an “equal weight” rating and set a $66.00 target price (down from $70.00) on shares of Freeport-McMoRan in a research report on Friday, April 24th. The Goldman Sachs Group lowered their target price on Freeport-McMoRan from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Weiss Ratings upgraded Freeport-McMoRan from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Freeport-McMoRan in a research report on Friday, May 15th. Finally, Scotiabank lowered their target price on Freeport-McMoRan from $71.00 to $67.00 and set a “sector perform” rating on the stock in a research report on Friday, April 24th. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Freeport-McMoRan presently has a consensus rating of “Moderate Buy” and an average price target of $65.72.

Freeport-McMoRan Price Performance

Shares of Freeport-McMoRan stock opened at $65.70 on Friday. The stock’s 50-day simple moving average is $62.11 and its 200-day simple moving average is $57.21. Freeport-McMoRan Inc. has a 52 week low of $35.15 and a 52 week high of $70.96. The company has a market capitalization of $94.45 billion, a price-to-earnings ratio of 34.95, a PEG ratio of 0.79 and a beta of 1.32. The company has a quick ratio of 1.13, a current ratio of 2.39 and a debt-to-equity ratio of 0.28.

Freeport-McMoRan (NYSE:FCX) last announced its quarterly earnings data 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 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 the consensus estimate of $5.73 billion. During the same period in the previous year, the business earned $0.24 earnings per share. The business’s revenue was up 8.8% on a year-over-year basis. As a group, analysts expect that Freeport-McMoRan Inc. will post 2.56 earnings per share for the current fiscal year.

Freeport-McMoRan Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th were given a $0.075 dividend. 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 presently 15.96%.

Freeport-McMoRan 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.