51,806 Shares in Freeport-McMoRan Inc. $FCX Acquired by Myriad Asset Management US LP

Myriad Asset Management US LP bought a new position in Freeport-McMoRan Inc. (NYSE:FCX) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 51,806 shares of the natural resource company’s stock, valued at approximately $2,032,000. Freeport-McMoRan accounts for approximately 1.1% of Myriad Asset Management US LP’s holdings, making the stock its 19th biggest position.

Several other large investors also recently made changes to their positions in FCX. Vanguard Capital Wealth Advisors grew its position in shares of Freeport-McMoRan by 112.9% during the third quarter. Vanguard Capital Wealth Advisors now owns 13,200 shares of the natural resource company’s stock worth $518,000 after buying an additional 7,000 shares in the last quarter. Parkside Financial Bank & Trust lifted its holdings in Freeport-McMoRan by 84.4% in the 3rd quarter. Parkside Financial Bank & Trust now owns 9,578 shares of the natural resource company’s stock valued at $376,000 after acquiring an additional 4,383 shares during the last quarter. iA Global Asset Management Inc. bought a new stake in Freeport-McMoRan during the third quarter worth approximately $2,264,000. Quadrant Private Wealth Management LLC boosted its position in shares of Freeport-McMoRan by 1.5% in the 3rd quarter. Quadrant Private Wealth Management LLC now owns 64,245 shares of the natural resource company’s stock valued at $2,520,000 after purchasing an additional 966 shares during the period. Finally, New Wave Wealth Advisors LLC acquired a new position in Freeport-McMoRan during the third quarter valued at $367,000. Institutional investors and hedge funds own 80.77% of the company’s stock.

Key Stories Impacting Freeport-McMoRan

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

• Positive Sentiment: Q4 results beat expectations — FCX reported $0.47 EPS vs. consensus ~$0.28 and revenue above estimates (~$5.6B vs ~$5.4B), driven by higher realized copper and gold prices that boosted net income. This is the primary catalyst lifting the stock. Freeport-McMoRan (FCX) Q4 Earnings and Revenues Beat Estimates
• Positive Sentiment: Analyst upgrades and higher price targets — HSBC and other houses have raised targets and reiterated buy/overweight views (HSBC bumped its target to $69), which is supporting momentum and investor interest. HSBC adjusts price target on Freeport-McMoRan to $69 from $48; maintains buy rating
• Positive Sentiment: Technical/market momentum — the shares recently hit a new 12?month / 52?week high amid the earnings/upgrade cycle, reinforcing momentum flows into the stock. Freeport-McMoRan (NYSE:FCX) Sets New 12-Month High Following Analyst Upgrade
• Neutral Sentiment: Management commentary and details available — the earnings call and full transcript provide color on volumes, costs and capital spending; investors will parse guidance and Q1/2026 outlook on the call transcript. Freeport-McMoRan (FCX) Q4 2025 Earnings Transcript
• Negative Sentiment: Trimmed 2026 copper?sales outlook — Freeport trimmed its 2026 copper sales outlook after Q4 volume dynamics, which could limit upside if volumes remain pressured. Investors should watch revised production/volume guidance. FCX Earnings Beat; 2026 Copper Sales Outlook Trimmed
• Negative Sentiment: Operational headwinds at Grasberg and lower volumes — production was materially affected by a suspension at one mine (Grasberg), reducing volumes and pressuring some operating metrics despite price-driven profit gains. That operational risk could cap the share rally if unresolved. Freeport-McMoRan profit beats as high copper prices offset Grasberg hit

Freeport-McMoRan Stock Performance

NYSE:FCX opened at $58.89 on Friday. The stock has a market cap of $84.56 billion, a P/E ratio of 41.47, a price-to-earnings-growth ratio of 0.71 and a beta of 1.45. Freeport-McMoRan Inc. has a 1-year low of $27.66 and a 1-year high of $62.13. The stock’s 50-day moving average is $49.37 and its 200-day moving average is $44.91. The company has a current ratio of 2.45, a quick ratio of 1.19 and a debt-to-equity ratio of 0.29.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings data on Thursday, January 22nd. The natural resource company reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.19. Freeport-McMoRan had a net margin of 7.97% and a return on equity of 7.84%. The company had revenue of $5.63 billion during the quarter, compared to analysts’ expectations of $5.42 billion. During the same period in the prior year, the company posted $0.31 earnings per share. Freeport-McMoRan’s revenue for the quarter was down 1.5% compared to the same quarter last year. Equities research analysts anticipate that Freeport-McMoRan Inc. will post 1.68 earnings per share for the current year.

Freeport-McMoRan Cuts Dividend

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

Analyst Ratings Changes

Several equities research analysts recently commented on FCX shares. Clarkson Capital raised Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $46.00 price target for the company in a research note on Wednesday, November 19th. BNP Paribas Exane lowered their price target on shares of Freeport-McMoRan from $58.00 to $56.00 and set an “outperform” rating for the company in a report on Friday, December 5th. CICC Research cut their price target on shares of Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating on the stock in a research report on Friday, September 26th. Raymond James Financial upped their price target on shares of Freeport-McMoRan from $53.00 to $66.00 and gave the company an “outperform” rating in a report on Thursday, January 15th. Finally, UBS Group boosted their price target on shares of Freeport-McMoRan from $55.00 to $60.00 and gave the stock a “buy” rating in a research report on Friday, December 12th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Freeport-McMoRan currently has a consensus rating of “Moderate Buy” and an average price target of $55.30.

Insiders Place Their Bets

In other Freeport-McMoRan news, CAO Stephen T. Higgins sold 28,423 shares of the firm’s stock in a transaction on 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 directly owned 105,294 shares of the company’s stock, valued at $5,053,059.06. This trade represents a 21.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.66, for a total transaction of $456,201.52. Following the completion of the transaction, the chief accounting officer owned 38,761 shares of the company’s stock, valued at $1,847,349.26. The trade was a 19.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.75% of the stock is owned by insiders.

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.