ARS Investment Partners LLC Acquires 16,405 Shares of Freeport-McMoRan Inc. $FCX

ARS Investment Partners LLC boosted its holdings in Freeport-McMoRan Inc. (NYSE:FCX) by 1.8% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 925,094 shares of the natural resource company’s stock after acquiring an additional 16,405 shares during the quarter. Freeport-McMoRan accounts for approximately 2.7% of ARS Investment Partners LLC’s portfolio, making the stock its 9th largest position. ARS Investment Partners LLC’s holdings in Freeport-McMoRan were worth $46,986,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of FCX. JPL Wealth Management LLC acquired a new position in Freeport-McMoRan in the third quarter valued at approximately $33,000. Pilgrim Partners Asia Pte Ltd acquired a new position in Freeport-McMoRan in the third quarter valued at approximately $36,000. Kohmann Bosshard Financial Services LLC acquired a new position in Freeport-McMoRan in the fourth quarter valued at approximately $38,000. Grey Fox Wealth Advisors LLC acquired a new position in shares of Freeport-McMoRan during the 3rd quarter worth about $39,000. Finally, Laurel Wealth Advisors LLC acquired a new position in shares of Freeport-McMoRan during the 4th quarter worth about $43,000. 80.77% of the stock is currently owned by institutional investors and hedge funds.

Freeport-McMoRan Price Performance

Shares of FCX opened at $63.02 on Friday. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.13 and a current ratio of 2.39. The stock has a 50 day simple moving average of $61.45 and a 200 day simple moving average of $55.68. Freeport-McMoRan Inc. has a 52-week low of $35.15 and a 52-week high of $70.96. The firm has a market capitalization of $90.60 billion, a PE ratio of 33.52, a P/E/G ratio of 0.76 and a beta of 1.32.

Freeport-McMoRan (NYSE:FCX) last issued its quarterly earnings data on Thursday, April 23rd. The natural resource company reported $0.57 earnings per share (EPS) 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 analyst estimates of $5.73 billion. During the same period in the previous year, the firm earned $0.24 EPS. Freeport-McMoRan’s quarterly revenue was up 8.8% compared to the same quarter last year. Sell-side analysts predict that Freeport-McMoRan Inc. will post 2.56 EPS for the current fiscal year.

Freeport-McMoRan Announces Dividend

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

Key Freeport-McMoRan News

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 at Freeport-McMoRan

In related news, CAO Stephen T. Higgins sold 29,654 shares of the business’s stock in a transaction that occurred on Friday, February 20th. The stock was sold at an average price of $63.00, for a total value of $1,868,202.00. Following the completion of the transaction, the chief accounting officer directly owned 76,445 shares in the company, valued at approximately $4,816,035. The trade was a 27.95% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Ellie L. Mikes sold 11,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $62.03, for a total value of $682,330.00. Following the completion of the transaction, the chief accounting officer owned 40,773 shares of the company’s stock, valued at $2,529,149.19. This represents a 21.25% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.75% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Morgan Stanley restated an “equal weight” rating and set a $66.00 target price (down from $70.00) on shares of Freeport-McMoRan in a research report on Friday, April 24th. The Goldman Sachs Group decreased their target price on Freeport-McMoRan from $70.00 to $68.00 and set a “buy” rating for the company in a research report on Friday, April 24th. UBS Group boosted their target price on Freeport-McMoRan from $66.00 to $74.00 and gave the stock a “buy” rating in a research report on Thursday, April 23rd. Sanford C. Bernstein decreased their target price on Freeport-McMoRan from $54.00 to $53.50 and set a “market perform” rating for the company in a research report on Friday, April 24th. Finally, HSBC boosted their target price on Freeport-McMoRan from $69.00 to $72.00 and gave the stock a “buy” rating in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $65.14.

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.