RPG Investment Advisory LLC Sells 124,005 Shares of Freeport-McMoRan Inc. $FCX

RPG Investment Advisory LLC trimmed its position in Freeport-McMoRan Inc. (NYSE:FCX) by 36.9% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 212,336 shares of the natural resource company’s stock after selling 124,005 shares during the quarter. RPG Investment Advisory LLC’s holdings in Freeport-McMoRan were worth $8,328,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of FCX. Portside Wealth Group LLC increased its holdings in Freeport-McMoRan by 0.8% in the 2nd quarter. Portside Wealth Group LLC now owns 30,333 shares of the natural resource company’s stock valued at $1,315,000 after buying an additional 245 shares during the period. Hollencrest Capital Management boosted its position in shares of Freeport-McMoRan by 0.6% during the 2nd quarter. Hollencrest Capital Management now owns 45,133 shares of the natural resource company’s stock valued at $1,957,000 after acquiring an additional 250 shares in the last quarter. Waterloo Capital L.P. increased its stake in Freeport-McMoRan by 3.9% in the second quarter. Waterloo Capital L.P. now owns 6,658 shares of the natural resource company’s stock valued at $289,000 after acquiring an additional 251 shares during the period. Strengthening Families & Communities LLC raised its position in Freeport-McMoRan by 0.6% in the second quarter. Strengthening Families & Communities LLC now owns 42,617 shares of the natural resource company’s stock worth $1,822,000 after purchasing an additional 261 shares in the last quarter. Finally, WealthCollab LLC raised its position in Freeport-McMoRan by 17.1% in the second quarter. WealthCollab LLC now owns 1,820 shares of the natural resource company’s stock worth $79,000 after purchasing an additional 266 shares in the last quarter. Institutional investors and hedge funds own 80.77% of the company’s stock.

Insider Buying and Selling at Freeport-McMoRan

In related news, CAO Ellie L. Mikes sold 9,572 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.66, for a total value of $456,201.52. Following the transaction, the chief accounting officer 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Stephen T. Higgins sold 28,423 shares of Freeport-McMoRan stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.99, for a total value of $1,364,019.77. Following the completion of the sale, the chief accounting officer owned 105,294 shares of the company’s stock, valued at approximately $5,053,059.06. The trade was a 21.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.79% of the stock is currently owned by company insiders.

Key Stories Impacting Freeport-McMoRan

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

• Positive Sentiment: Analyst/upside on results — Jefferies updated models after Freeport’s provisional 4Q25 disclosure and expects EPS to outperform consensus due to stronger realized copper and gold prices and operational momentum; this bullish outlook supports today’s buying. Freeport EPS expected to outperform as Grasberg ramp-up delayed
• Positive Sentiment: Technical / momentum signals — FCX recently hit a 52‑week high and has seen elevated call‑option buying (large block of ~101,726 calls traded), both signs of bullish sentiment and short‑term momentum among traders. Freeport McMoRan stock hits 52-week high
• Neutral Sentiment: Valuation review — Market commentary is noting that FCX’s recent share‑price momentum has pushed valuation metrics higher (P/E elevated vs. historical ranges); analysts and investors are re‑checking valuation after the run. Freeport‑McMoRan (FCX) Valuation Check After Recent Share Price Momentum
• Negative Sentiment: Multiple class‑action filings and firm solicitations — Numerous law firms have announced class‑action suits and are soliciting lead‑plaintiff motions relating to alleged securities fraud during Feb 15, 2022–Sep 24, 2025; deadline notices (Jan 12) and repeated media alerts increase headline risk and potential legal costs or settlements. INVESTOR DEADLINE NEXT WEEK: Robbins Geller…
• Negative Sentiment: Allegations about Grasberg safety and disclosure — Some firms (e.g., Kuehn Law) specifically allege the company may have misrepresented safety and regulatory risks at the Grasberg Block Cave mine, which is a more material operational/legal allegation that could drive regulatory scrutiny or reputational damage if pursued. Kuehn Law Encourages Investors of Freeport‑McMoRan Inc. to Contact Law Firm

Freeport-McMoRan Trading Up 3.1%

FCX opened at $56.07 on Wednesday. Freeport-McMoRan Inc. has a 1-year low of $27.66 and a 1-year high of $57.12. The stock has a market capitalization of $80.52 billion, a PE ratio of 39.49, a PEG ratio of 0.92 and a beta of 1.45. The company has a current ratio of 2.45, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29. The firm has a 50-day moving average price of $45.12 and a two-hundred day moving average price of $43.68.

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

Freeport-McMoRan Cuts Dividend

The company also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Thursday, January 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is 21.13%.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on FCX. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Freeport-McMoRan in a report on Wednesday, October 8th. Clarkson Capital upgraded Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 price target on the stock in a research report on Wednesday, November 19th. Johnson Rice dropped their price objective on Freeport-McMoRan from $55.00 to $48.00 in a research note on Monday, September 29th. Bank of America upgraded shares of Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $42.00 target price on the stock in a research note on Tuesday, September 30th. Finally, HSBC lowered their target price on shares of Freeport-McMoRan from $50.00 to $48.00 and set a “buy” rating on the stock in a report on Wednesday, November 19th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of $50.49.

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.