Freeport-McMoRan Inc. $FCX Shares Acquired by Easterly Investment Partners LLC

Easterly Investment Partners LLC lifted its position in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 27.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 249,067 shares of the natural resource company’s stock after acquiring an additional 53,210 shares during the period. Easterly Investment Partners LLC’s holdings in Freeport-McMoRan were worth $12,650,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. JPL Wealth Management LLC acquired a new stake in shares of Freeport-McMoRan during the 3rd quarter valued at approximately $33,000. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Freeport-McMoRan during the 4th quarter valued at approximately $38,000. Key Financial Inc raised its position in shares of Freeport-McMoRan by 32.3% during the 4th quarter. Key Financial Inc now owns 828 shares of the natural resource company’s stock valued at $42,000 after acquiring an additional 202 shares in the last quarter. Laurel Wealth Advisors LLC acquired a new stake in shares of Freeport-McMoRan during the 4th quarter valued at approximately $43,000. Finally, YANKCOM Partnership raised its position in shares of Freeport-McMoRan by 83.3% during the 4th quarter. YANKCOM Partnership now owns 869 shares of the natural resource company’s stock valued at $44,000 after acquiring an additional 395 shares in the last quarter. 80.77% of the stock is owned by institutional investors and hedge funds.

Freeport-McMoRan News Roundup

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?

Analyst Upgrades and Downgrades

Several equities research analysts recently issued reports on FCX shares. Sanford C. Bernstein dropped their price target on 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. JPMorgan Chase & Co. dropped their target price on Freeport-McMoRan from $76.00 to $73.00 and set an “overweight” rating on the stock in a research report on Monday, April 27th. Stifel Nicolaus increased their target price on Freeport-McMoRan from $52.00 to $76.00 and gave the stock a “buy” rating in a research report on Wednesday, February 11th. Jefferies Financial Group set a $75.00 target price on Freeport-McMoRan in a research report on Thursday, April 23rd. Finally, Citigroup dropped their target price on Freeport-McMoRan from $67.00 to $66.00 and set a “buy” rating on the stock in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $65.72.

Freeport-McMoRan Trading Down 0.0%

NYSE:FCX opened at $65.70 on Monday. Freeport-McMoRan Inc. has a 1 year low of $35.15 and a 1 year high of $70.96. The stock has a market cap of $94.45 billion, a price-to-earnings ratio of 34.95, a PEG ratio of 0.79 and a beta of 1.35. The business has a fifty day moving average of $62.11 and a 200-day moving average of $57.32. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.39.

Freeport-McMoRan (NYSE:FCX) last announced its earnings results on Thursday, April 23rd. The natural resource company reported $0.57 earnings per share 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 during the quarter, compared to analysts’ expectations of $5.73 billion. During the same quarter last year, the business posted $0.24 earnings per share. The company’s quarterly revenue was up 8.8% on a year-over-year basis. Equities analysts predict that Freeport-McMoRan Inc. will post 2.56 earnings per share for the current year.

Freeport-McMoRan Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 1st. Investors of record on Wednesday, April 15th were paid 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 dividend payout ratio (DPR) is currently 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.