Freeport-McMoRan (NYSE:FCX) CFO Maree Robertson Sells 48,500 Shares

Freeport-McMoRan Inc. (NYSE:FCX) CFO Maree Robertson sold 48,500 shares of the business’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $61.55, for a total transaction of $2,985,175.00. Following the completion of the transaction, the chief financial officer directly owned 79,894 shares of the company’s stock, valued at $4,917,475.70. This trade represents a 37.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Freeport-McMoRan Stock Performance

Shares of Freeport-McMoRan stock opened at $62.56 on Thursday. The stock’s fifty day simple moving average is $56.95 and its 200 day simple moving average is $47.31. The company has a current ratio of 2.29, a quick ratio of 1.05 and a debt-to-equity ratio of 0.29. The company has a market capitalization of $89.84 billion, a PE ratio of 41.43, a PEG ratio of 0.67 and a beta of 1.47. Freeport-McMoRan Inc. has a 12 month low of $27.66 and a 12 month high of $69.44.

Freeport-McMoRan (NYSE:FCX) last posted its earnings results on Thursday, January 22nd. The natural resource company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.19. The firm had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.42 billion. Freeport-McMoRan had a return on equity of 8.50% and a net margin of 8.50%.The company’s revenue was down 1.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.31 earnings per share. On average, research analysts predict that Freeport-McMoRan Inc. will post 1.68 EPS for the current year.

Freeport-McMoRan Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, February 2nd. Investors of record on Thursday, January 15th were paid a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date of this dividend was Thursday, January 15th. Freeport-McMoRan’s dividend payout ratio is presently 19.87%.

Wall Street Analyst Weigh In

FCX has been the subject of several research analyst reports. BMO Capital Markets upped their price target on shares of Freeport-McMoRan from $55.00 to $68.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Morgan Stanley set a $70.00 target price on shares of Freeport-McMoRan in a research note on Tuesday, January 27th. Argus upgraded Freeport-McMoRan from a “hold” rating to a “buy” rating in a report on Friday, February 13th. Weiss Ratings restated a “hold (c)” rating on shares of Freeport-McMoRan in a report on Thursday, January 22nd. Finally, Sanford C. Bernstein cut Freeport-McMoRan from an “outperform” rating to a “market perform” rating and upped their price objective for the stock from $53.50 to $54.00 in a research report on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $60.64.

Institutional Trading of Freeport-McMoRan

Hedge funds and other institutional investors have recently modified their holdings of the stock. Steigerwald Gordon & Koch Inc. bought a new position in Freeport-McMoRan in the third quarter valued at approximately $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Freeport-McMoRan during the 2nd quarter worth approximately $28,000. Salomon & Ludwin LLC boosted its holdings in shares of Freeport-McMoRan by 1,962.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 722 shares of the natural resource company’s stock valued at $29,000 after buying an additional 687 shares during the last quarter. Kemnay Advisory Services Inc. bought a new position in shares of Freeport-McMoRan in the fourth quarter valued at $29,000. Finally, JPL Wealth Management LLC bought a new position in shares of Freeport-McMoRan in the third quarter valued at $33,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

Trending Headlines about Freeport-McMoRan

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

• Positive Sentiment: Company secured a Memorandum of Understanding with the Indonesian government to amend PT Freeport Indonesia’s special mining business license (IUPK) for a life‑of‑resource extension of operating rights — this lowers regulatory tenure risk for Grasberg (a top global copper/gold asset) and strengthens Freeport’s long‑term production and cash‑flow outlook. FCX Announces Agreement for Life of Resource Extension of Operating Rights in Grasberg Minerals District
• Positive Sentiment: Jefferies raised its price target on FCX to $76 (from $68) and maintained a Buy rating — a prominent broker upgrade that can attract flows and supports upside expectations versus the current market price. Jefferies adjusts Freeport McMoran PT to $76 from $68, maintains buy rating
• Negative Sentiment: Senior insiders disclosed stock sales this week: CFO Maree Robertson sold 48,500 shares (filed with the SEC) and CAO Ellie Mikes sold 11,000 shares — sizable disposals that may be viewed negatively by some investors even if they’re routine or for diversification. SEC filing — CFO sale SEC filing — CAO sale
• Negative Sentiment: Sector commentary highlights strong performance from peers (e.g., BHP) and increased copper demand — but also notes Freeport is still dealing with the aftermath of the 2025 Grasberg mudflow, which has limited near‑term production and may delay Freeport’s ability to fully benefit from a copper rally. (Market positioning and operational recovery timelines remain key risks.)

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.