World Investment Advisors Buys 11,017 Shares of Freeport-McMoRan Inc. $FCX

World Investment Advisors boosted its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 62.4% during the 4th quarter, HoldingsChannel reports. The fund owned 28,679 shares of the natural resource company’s stock after acquiring an additional 11,017 shares during the quarter. World Investment Advisors’ holdings in Freeport-McMoRan were worth $1,457,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. JPL Wealth Management LLC bought a new stake in Freeport-McMoRan in the 3rd quarter valued at $33,000. Pilgrim Partners Asia Pte Ltd bought a new stake in Freeport-McMoRan in the 3rd quarter valued at $36,000. Kohmann Bosshard Financial Services LLC bought a new stake in Freeport-McMoRan in the 4th quarter valued at $38,000. Grey Fox Wealth Advisors LLC bought a new stake in Freeport-McMoRan in the 3rd quarter valued at $39,000. Finally, Laurel Wealth Advisors LLC bought a new stake in Freeport-McMoRan in the 4th quarter valued at $43,000. 80.77% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. UBS Group boosted their price objective on shares of Freeport-McMoRan from $66.00 to $74.00 and gave the company a “buy” rating in a research report on Thursday, April 23rd. The Goldman Sachs Group cut their price objective on shares of Freeport-McMoRan from $70.00 to $68.00 and set a “buy” rating on the stock in a research report on Friday, April 24th. Sanford C. Bernstein cut their price objective on shares of Freeport-McMoRan from $54.00 to $53.50 and set a “market perform” rating on the stock in a research report on Friday, April 24th. CICC Research cut their price objective on shares of Freeport-McMoRan from $64.40 to $63.40 and set an “outperform” rating on the stock in a research report on Tuesday, April 28th. Finally, JPMorgan Chase & Co. cut their price target on shares of Freeport-McMoRan from $76.00 to $73.00 and set an “overweight” rating on the stock in a research report on Monday, April 27th. One equities research analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Freeport-McMoRan presently has a consensus rating of “Moderate Buy” and an average target price of $65.14.

Trending Headlines about Freeport-McMoRan

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?

Insider Activity

In other news, CAO Stephen T. Higgins sold 29,654 shares of the business’s stock in a transaction dated Friday, February 20th. The shares were sold at an average price of $63.00, for a total transaction of $1,868,202.00. Following the transaction, the chief accounting officer directly 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 Securities & Exchange Commission, which is available at this link. Also, CAO Ellie L. Mikes sold 11,000 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $62.03, for a total transaction 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 represents a 21.25% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 0.75% of the company’s stock.

Freeport-McMoRan Trading Down 4.7%

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

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

Freeport-McMoRan Dividend Announcement

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

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.