Integrated Advisors Network LLC Purchases 8,605 Shares of Southern Copper Corporation $SCCO

Integrated Advisors Network LLC grew its position in shares of Southern Copper Corporation (NYSE:SCCO) by 165.1% in the third quarter, HoldingsChannel reports. The firm owned 13,817 shares of the basic materials company’s stock after buying an additional 8,605 shares during the quarter. Integrated Advisors Network LLC’s holdings in Southern Copper were worth $2,800,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in shares of Southern Copper during the 2nd quarter valued at approximately $1,078,000. Fund Advisors of America Inc FL bought a new stake in Southern Copper in the second quarter worth $870,000. RFG Advisory LLC increased its position in Southern Copper by 143.7% in the second quarter. RFG Advisory LLC now owns 21,727 shares of the basic materials company’s stock worth $3,786,000 after purchasing an additional 12,811 shares during the last quarter. HighTower Advisors LLC increased its position in Southern Copper by 11.9% in the second quarter. HighTower Advisors LLC now owns 58,421 shares of the basic materials company’s stock worth $10,180,000 after purchasing an additional 6,195 shares during the last quarter. Finally, Equitable Holdings Inc. purchased a new stake in Southern Copper during the second quarter valued at $505,000. 7.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have commented on the stock. Zacks Research lowered shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 7th. Wells Fargo & Company upped their target price on shares of Southern Copper from $172.00 to $190.00 and gave the company an “equal weight” rating in a research report on Tuesday, October 6th. Wall Street Zen upgraded shares of Southern Copper from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. CICC Research downgraded shares of Southern Copper to a “market perform” rating in a report on Sunday, July 26th. Finally, Citigroup reaffirmed a “positive” rating on shares of Southern Copper in a report on Wednesday, July 15th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, Southern Copper presently has a consensus rating of “Reduce” and a consensus target price of $160.95.

Insider Buying and Selling at Southern Copper

In other news, Director Luis Palomino Bonilla sold 202 shares of the stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total value of $39,751.28. Following the sale, the director owned 1,723 shares of the company’s stock, valued at approximately $339,066.65. This represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold a total of 704 shares of company stock valued at $138,077 over the last quarter. Corporate insiders own 0.07% of the company’s stock.

Key Stories Impacting Southern Copper

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Results substantially exceeded expectations. Third-quarter earnings were $2.15 per share versus estimates of approximately $2.00–$2.04, while revenue reached a record $4.70 billion, up 39.1% year over year. Net income rose 62.7% to $1.80 billion, supported by higher metal prices. Southern Copper Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Cash generation and shareholder returns improved. Operating cash flow increased 42.6% to $2.22 billion. The board approved a $1.30 quarterly cash dividend and a 1.06% stock dividend, payable November 19, 2026. Southern Copper Posts Record Third-Quarter Sales
• Positive Sentiment: Long-term copper growth remains a catalyst. Coverage highlighted Southern Copper’s plans to reach one million tonnes of annual production, while the ongoing copper bull market could support revenue and earnings if prices remain elevated. Southern Copper Sets Its Sights on One Million Tonnes of Annual Output
• Neutral Sentiment: Production was mixed. Third-quarter copper output declined 1.1% to 232,396 tonnes, although capital investment increased 47.7% to $515.8 million, indicating continued spending on expansion.
• Negative Sentiment: Valuation and execution risks are weighing on sentiment. Bank of America maintained a Sell rating, citing SCCO’s rich valuation and delays to development projects, with a $203 price target. Southern Copper Record Results but Valuation and Project Delays Drive Sell Rating
• Negative Sentiment: Some targets imply downside. JPMorgan raised its target to $154, still substantially below recent trading levels, reinforcing concerns that strong earnings may already be priced in. JPMorgan Raises Southern Copper Price Target

Southern Copper Stock Performance

NYSE SCCO opened at $197.74 on Thursday. The business’s 50 day moving average price is $201.58 and its 200-day moving average price is $188.11. Southern Copper Corporation has a fifty-two week low of $119.25 and a fifty-two week high of $223.88. The company has a market cap of $164.98 billion, a P/E ratio of 28.91, a P/E/G ratio of 1.78 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a quick ratio of 4.56 and a current ratio of 5.06.

Southern Copper shares are set to split on Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly minted shares will be payable to shareholders after the closing bell on Monday, November 2nd.

Southern Copper (NYSE:SCCO) last issued its quarterly earnings results on Wednesday, October 21st. The basic materials company reported $2.15 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.02 by $0.13. The company had revenue of $4.70 billion during the quarter, compared to the consensus estimate of $4.49 billion. Southern Copper had a return on equity of 49.04% and a net margin of 35.87%. Sell-side analysts predict that Southern Copper Corporation will post 7.92 earnings per share for the current year.

Southern Copper Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Tuesday, November 3rd will be paid a $1.30 dividend. This is an increase from Southern Copper’s previous quarterly dividend of $1.10. This represents a $5.20 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend is Tuesday, November 3rd. Southern Copper’s payout ratio is currently 64.33%.

Southern Copper Profile

Southern Copper Corporation (NYSE:SCCO) is a mining and metals company engaged primarily in the exploration, development, extraction, processing and production of copper. The company also produces molybdenum, zinc, silver and lead, along with related byproducts. Its operations include open-pit mines, underground mines, concentrators, smelters, refineries and other processing facilities.

Southern Copper operates mainly in Peru and Mexico. Its Peruvian assets include the Toquepala and Cuajone copper mines, while its Mexican operations include the Buenavista del Cobre and La Caridad mines, as well as associated processing and infrastructure facilities.