Freeport-McMoRan Inc. $FCX Shares Bought by Nations Financial Group Inc. IA ADV

Nations Financial Group Inc. IA ADV grew its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 32.2% during the third quarter, Holdings Channel.com reports. The firm owned 64,231 shares of the natural resource company’s stock after buying an additional 15,646 shares during the quarter. Nations Financial Group Inc. IA ADV’s holdings in Freeport-McMoRan were worth $2,519,000 as of its most recent filing with the SEC.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its position in shares of Freeport-McMoRan by 24.2% in the 4th quarter. Brighton Jones LLC now owns 14,807 shares of the natural resource company’s stock valued at $564,000 after acquiring an additional 2,882 shares in the last quarter. Bison Wealth LLC raised its position in Freeport-McMoRan by 5.6% during the fourth quarter. Bison Wealth LLC now owns 9,616 shares of the natural resource company’s stock valued at $366,000 after buying an additional 507 shares during the period. Sivia Capital Partners LLC purchased a new stake in Freeport-McMoRan in the 2nd quarter worth about $560,000. Wealth Enhancement Advisory Services LLC boosted its holdings in shares of Freeport-McMoRan by 10.1% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 246,739 shares of the natural resource company’s stock worth $11,301,000 after purchasing an additional 22,671 shares during the period. Finally, Fulton Bank N.A. increased its stake in Freeport-McMoRan by 35.7% in the 2nd quarter. Fulton Bank N.A. now owns 10,488 shares of the natural resource company’s stock valued at $455,000 after buying an additional 2,757 shares during the period. Institutional investors and hedge funds own 80.77% of the company’s stock.

Insider Activity

In other Freeport-McMoRan news, CAO Ellie L. Mikes sold 9,572 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $47.66, for a total transaction of $456,201.52. Following the completion of the sale, the chief accounting officer directly owned 38,761 shares in the company, valued at $1,847,349.26. This trade represents a 19.80% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Stephen T. Higgins sold 28,423 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the transaction, the chief accounting officer directly owned 105,294 shares of the company’s stock, valued at $5,053,059.06. This trade represents a 21.26% decrease in their position. The SEC filing for this sale provides additional information. 0.75% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on FCX shares. CICC Research decreased their price objective on shares of Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating for the company in a report on Friday, September 26th. Dbs Bank decreased their price objective on Freeport-McMoRan from $51.00 to $48.00 in a report on Thursday, October 2nd. Royal Bank Of Canada lowered their price objective on Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating on the stock in a research report on Wednesday, October 1st. Morgan Stanley restated an “overweight” rating and issued a $53.00 target price on shares of Freeport-McMoRan in a research note on Monday, December 15th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Freeport-McMoRan in a research note on Wednesday, November 26th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and an average target price of $54.30.

Freeport-McMoRan Trading Down 2.1%

NYSE FCX opened at $58.73 on Friday. The stock has a market capitalization of $84.33 billion, a price-to-earnings ratio of 41.36, a PEG ratio of 0.72 and a beta of 1.45. Freeport-McMoRan Inc. has a 52 week low of $27.66 and a 52 week high of $60.71. The stock’s 50 day moving average price is $47.89 and its two-hundred day moving average price is $44.52. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45.

Freeport-McMoRan (NYSE:FCX) last announced its earnings results on Thursday, October 23rd. The natural resource company reported $0.50 EPS for the quarter, topping the consensus estimate of $0.41 by $0.09. Freeport-McMoRan had a net margin of 7.97% and a return on equity of 7.84%. The business had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.74 billion. During the same quarter in the prior year, the company posted $0.38 earnings per share. The firm’s revenue was up 2.7% on a year-over-year basis. As a group, analysts anticipate that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be paid a $0.075 dividend. The ex-dividend date is Thursday, January 15th. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. Freeport-McMoRan’s dividend payout ratio is 21.13%.

Freeport-McMoRan News Summary

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

• Positive Sentiment: BMO Capital Markets raised its price target on FCX to $68 and kept an “outperform” rating — a notable upgrade that signals confidence in Freeport’s outlook. BMO raises PT to $68
• Positive Sentiment: Raymond James also lifted its target to $66 and maintained an “outperform” rating, reinforcing buy-side momentum from multiple brokers. Raymond James raises PT to $66
• Positive Sentiment: Bank of America named Freeport-McMoRan one of three metals stocks to own for 2026 — a directional endorsement tied to copper’s breakout and long-term demand tailwinds. 3 Metals Stocks Bank of America Is Bullish on for 2026
• Positive Sentiment: Zacks flagged FCX as likely to beat earnings, citing the key drivers that support an upside surprise—this raises the probability of a bullish reaction to the upcoming report. FCX Expected to Beat Earnings Estimates
• Positive Sentiment: A market piece highlighted Freeport’s strong 5‑year performance (16% CAGR) and recent weekly gains — reinforcing investor confidence after the rally. FCX delivers shareholders splendid 16% CAGR
• Neutral Sentiment: Freeport is scheduled to release quarterly earnings this week — a key event that will likely drive short-term volatility depending on production, costs and realized metal prices. Freeport-McMoRan to Release Earnings on Thursday
• Neutral Sentiment: Recent trade coverage noted FCX rose while broader markets dipped — a reminder that sector-specific metal price moves (especially copper) are a primary driver versus general market action. FCX Rises As Market Takes a Dip

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.