Southern Copper Corporation $SCCO Stock Position Reduced by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. lessened its stake in shares of Southern Copper Corporation (NYSE:SCCO) by 1.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 433,404 shares of the basic materials company’s stock after selling 7,868 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in Southern Copper were worth $87,825,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bell Investment Advisors Inc purchased a new position in shares of Southern Copper during the second quarter valued at about $26,000. Rakuten Securities Inc. bought a new stake in shares of Southern Copper in the second quarter worth about $28,000. SHP Wealth Management purchased a new stake in shares of Southern Copper in the fourth quarter worth about $25,000. Compass Financial Management LLC purchased a new stake in shares of Southern Copper in the second quarter worth about $41,000. Finally, Caitlin John LLC purchased a new stake in shares of Southern Copper in the second quarter worth about $43,000. Institutional investors own 7.94% of the company’s stock.

Insider Buying and Selling

In related news, Director Luis Palomino Bonilla sold 202 shares of Southern Copper stock in a transaction dated Wednesday, August 5th. The stock was sold at an average price of $196.79, for a total value of $39,751.28. Following the completion of the transaction, the director owned 1,723 shares in the company, valued at approximately $339,066.65. This trade represents a 10.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Insiders sold a total of 704 shares of company stock valued at $138,077 in the last ninety days. Company insiders own 0.07% of the company’s stock.

Southern Copper Price Performance

SCCO stock opened at $197.74 on Thursday. Southern Copper Corporation has a 52 week low of $119.25 and a 52 week high of $223.88. The firm has a market capitalization of $164.98 billion, a P/E ratio of 28.91, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11. The company has a fifty day simple moving average of $201.58 and a two-hundred day simple moving average of $188.11. The company has a quick ratio of 4.56, a current ratio of 5.06 and a debt-to-equity ratio of 0.63.

Shares of Southern Copper are going to split on the morning of Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly created shares will be distributed to shareholders after the closing bell on Monday, November 2nd.

Southern Copper (NYSE:SCCO) last posted its earnings results on Wednesday, October 21st. The basic materials company reported $2.15 earnings per share for the quarter, topping analysts’ consensus estimates of $2.02 by $0.13. The firm had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.49 billion. Southern Copper had a net margin of 35.87% and a return on equity of 49.04%. Analysts anticipate that Southern Copper Corporation will post 7.92 earnings per share for the current fiscal year.

Southern Copper Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, November 19th. Investors of record on Tuesday, November 3rd will be given a $1.30 dividend. This is an increase from Southern Copper’s previous quarterly dividend of $1.10. This represents a $5.20 annualized dividend and a yield of 2.6%. The ex-dividend date is Tuesday, November 3rd. Southern Copper’s dividend payout ratio (DPR) is 64.33%.

Key Southern Copper News

Here are the key news stories impacting Southern Copper this week:

• Positive Sentiment: Results substantially exceeded expectations. Third-quarter earnings were $2.15 per share versus estimates of approximately $2.00–$2.04, while revenue reached a record $4.70 billion, up 39.1% year over year. Net income rose 62.7% to $1.80 billion, supported by higher metal prices. Southern Copper Beats Q3 Earnings and Revenue Estimates
• Positive Sentiment: Cash generation and shareholder returns improved. Operating cash flow increased 42.6% to $2.22 billion. The board approved a $1.30 quarterly cash dividend and a 1.06% stock dividend, payable November 19, 2026. Southern Copper Posts Record Third-Quarter Sales
• Positive Sentiment: Long-term copper growth remains a catalyst. Coverage highlighted Southern Copper’s plans to reach one million tonnes of annual production, while the ongoing copper bull market could support revenue and earnings if prices remain elevated. Southern Copper Sets Its Sights on One Million Tonnes of Annual Output
• Neutral Sentiment: Production was mixed. Third-quarter copper output declined 1.1% to 232,396 tonnes, although capital investment increased 47.7% to $515.8 million, indicating continued spending on expansion.
• Negative Sentiment: Valuation and execution risks are weighing on sentiment. Bank of America maintained a Sell rating, citing SCCO’s rich valuation and delays to development projects, with a $203 price target. Southern Copper Record Results but Valuation and Project Delays Drive Sell Rating
• Negative Sentiment: Some targets imply downside. JPMorgan raised its target to $154, still substantially below recent trading levels, reinforcing concerns that strong earnings may already be priced in. JPMorgan Raises Southern Copper Price Target

Wall Street Analyst Weigh In

A number of equities analysts recently commented on SCCO shares. CICC Research lowered Southern Copper to a “market perform” rating in a research note on Sunday, July 26th. Wall Street Zen upgraded Southern Copper from a “hold” rating to a “buy” rating in a report on Saturday, October 10th. Citigroup reaffirmed a “positive” rating on shares of Southern Copper in a research note on Wednesday, July 15th. Morgan Stanley reaffirmed an “underweight” rating and set a $170.00 price objective on shares of Southern Copper in a report on Wednesday, October 7th. Finally, UBS Group reiterated a “sell” rating and set a $180.00 target price (up from $160.00) on shares of Southern Copper in a research report on Thursday, October 8th. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average target price of $160.95.

Southern Copper Company Profile

Southern Copper Corporation (NYSE:SCCO) is a mining and metals company engaged primarily in the exploration, development, extraction, processing and production of copper. The company also produces molybdenum, zinc, silver and lead, along with related byproducts. Its operations include open-pit mines, underground mines, concentrators, smelters, refineries and other processing facilities.

Southern Copper operates mainly in Peru and Mexico. Its Peruvian assets include the Toquepala and Cuajone copper mines, while its Mexican operations include the Buenavista del Cobre and La Caridad mines, as well as associated processing and infrastructure facilities.