Southern Copper Corporation $SCCO Stock Acquired by Integrated Advisors Network LLC

Integrated Advisors Network LLC raised its holdings in shares of Southern Copper Corporation (NYSE:SCCO) by 165.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 13,817 shares of the basic materials company’s stock after purchasing an additional 8,605 shares during the period. Integrated Advisors Network LLC’s holdings in Southern Copper were worth $2,800,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the business. Harfst & Associates Inc. lifted its holdings in shares of Southern Copper by 1.0% during the third quarter. Harfst & Associates Inc. now owns 8,986 shares of the basic materials company’s stock valued at $1,821,000 after purchasing an additional 85 shares in the last quarter. Diversify Advisory Services LLC increased its holdings in Southern Copper by 4.7% in the 3rd quarter. Diversify Advisory Services LLC now owns 17,791 shares of the basic materials company’s stock worth $3,588,000 after buying an additional 803 shares in the last quarter. Prime Capital Investment Advisors LLC increased its holdings in Southern Copper by 20.1% in the 3rd quarter. Prime Capital Investment Advisors LLC now owns 9,588 shares of the basic materials company’s stock worth $1,943,000 after buying an additional 1,604 shares in the last quarter. Commonwealth Financial Services LLC purchased a new position in Southern Copper in the 3rd quarter worth about $356,000. Finally, Sumitomo Mitsui DS Asset Management Company Ltd raised its position in Southern Copper by 1.2% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 5,250 shares of the basic materials company’s stock worth $1,064,000 after buying an additional 62 shares during the last quarter. 7.94% of the stock is currently owned by hedge funds and other institutional investors.

Southern Copper Trading Down 2.3%

NYSE:SCCO opened at $197.74 on Thursday. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.06 and a quick ratio of 4.56. The firm has a market capitalization of $164.98 billion, a price-to-earnings ratio of 28.91, a price-to-earnings-growth ratio of 1.78 and a beta of 1.11. Southern Copper Corporation has a one year low of $119.25 and a one year high of $223.88. The business has a fifty day moving average price of $201.58 and a 200-day moving average price of $188.11.

Southern Copper shares are going to split before the market opens on Tuesday, November 3rd. The 1.0106-1 split was recently announced. The newly created shares will be issued to shareholders after the market closes on Monday, November 2nd.

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

Southern Copper Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, November 19th. Stockholders of record on Tuesday, November 3rd will be issued a $1.30 dividend. This represents a $5.20 annualized dividend and a dividend yield of 2.6%. This is a boost from Southern Copper’s previous quarterly dividend of $1.10. The ex-dividend date of this dividend is Tuesday, November 3rd. Southern Copper’s payout ratio is presently 64.33%.

Analyst Ratings Changes

Several equities analysts have issued reports on SCCO shares. Morgan Stanley restated an “underweight” rating and set a $170.00 target price on shares of Southern Copper in a research note on Wednesday, October 7th. Weiss Ratings upgraded shares of Southern Copper from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. UBS Group reissued a “sell” rating and set a $180.00 price objective (up from $160.00) on shares of Southern Copper in a report on Thursday, October 8th. CICC Research cut shares of Southern Copper to a “market perform” rating in a report on Sunday, July 26th. Finally, Wall Street Zen upgraded shares of Southern Copper from a “hold” rating to a “buy” rating in a research report on Saturday, October 10th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat, Southern Copper currently has an average rating of “Reduce” and a consensus target price of $160.95.

Southern Copper News Summary

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

Insider Activity at Southern Copper

In related news, Director Luis Palomino Bonilla sold 202 shares of the company’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total transaction 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 represents a 10.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 704 shares of company stock valued at $138,077 over the last quarter. 0.07% of the stock is currently owned by insiders.

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.