Marathon Asset Management Ltd Has $9.78 Million Stock Holdings in Freeport-McMoRan Inc. $FCX

Marathon Asset Management Ltd trimmed its holdings in shares of Freeport-McMoRan Inc. (NYSE:FCX) by 31.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 249,302 shares of the natural resource company’s stock after selling 112,447 shares during the quarter. Marathon Asset Management Ltd’s holdings in Freeport-McMoRan were worth $9,777,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of FCX. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main grew its stake in shares of Freeport-McMoRan by 89.4% in the second quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 17,569,169 shares of the natural resource company’s stock worth $761,623,000 after purchasing an additional 8,292,873 shares during the last quarter. Amundi raised its position in Freeport-McMoRan by 28.1% during the 1st quarter. Amundi now owns 27,635,497 shares of the natural resource company’s stock worth $1,046,280,000 after purchasing an additional 6,054,537 shares during the last quarter. Crake Asset Management LLP lifted its holdings in Freeport-McMoRan by 2,140.8% during the 1st quarter. Crake Asset Management LLP now owns 5,929,623 shares of the natural resource company’s stock worth $224,496,000 after buying an additional 5,665,000 shares during the period. Mizuho Markets Cayman LP bought a new stake in shares of Freeport-McMoRan in the 2nd quarter valued at about $159,147,000. Finally, Voya Investment Management LLC increased its stake in shares of Freeport-McMoRan by 289.0% in the third quarter. Voya Investment Management LLC now owns 3,844,504 shares of the natural resource company’s stock valued at $150,781,000 after buying an additional 2,856,302 shares during the period. Institutional investors own 80.77% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on FCX shares. CICC Research cut their price objective on Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating on the stock in a research note on Friday, September 26th. Hsbc Global Res upgraded shares of Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Morgan Stanley reiterated an “overweight” rating and set a $53.00 price objective on shares of Freeport-McMoRan in a research report on Monday, December 15th. BMO Capital Markets lifted their target price on shares of Freeport-McMoRan from $47.00 to $55.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 16th. Finally, Wall Street Zen lowered shares of Freeport-McMoRan from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Three 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 company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus price target of $49.49.

Freeport-McMoRan Stock Up 2.2%

Freeport-McMoRan stock opened at $53.07 on Monday. Freeport-McMoRan Inc. has a fifty-two week low of $27.66 and a fifty-two week high of $53.77. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45. The firm’s 50-day simple moving average is $43.56 and its 200 day simple moving average is $43.13. The stock has a market cap of $76.20 billion, a PE ratio of 37.37, a price-to-earnings-growth ratio of 1.20 and a beta of 1.49.

Freeport-McMoRan (NYSE:FCX) last posted its quarterly earnings data 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. Freeport-McMoRan had a net margin of 7.97% and a return on equity of 7.84%. The firm had revenue of $6.97 billion during the quarter, compared to analyst estimates of $6.74 billion. During the same quarter last year, the business posted $0.38 EPS. The company’s revenue for the quarter was up 2.7% on a year-over-year basis. Research analysts predict that Freeport-McMoRan Inc. will post 1.68 EPS for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be issued a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Thursday, January 15th. Freeport-McMoRan’s dividend payout ratio (DPR) is 21.13%.

Insiders Place Their Bets

In other news, CAO Ellie L. Mikes sold 9,572 shares of Freeport-McMoRan stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $47.66, for a total transaction of $456,201.52. Following the sale, the chief accounting officer directly owned 38,761 shares in the company, valued at $1,847,349.26. The trade was a 19.80% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Stephen T. Higgins sold 28,423 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the completion of the transaction, the chief accounting officer directly owned 105,294 shares in the company, valued at $5,053,059.06. This trade represents a 21.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 0.79% of the company’s stock.

Freeport-McMoRan News Roundup

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

• Positive Sentiment: Strong copper rally & sector momentum — Copper is testing fresh records and miners including Freeport are benefiting from higher metal prices and bullish coverage; higher copper directly boosts Freeport’s margins because it is a volume leader. Freeport-McMoRan and Miner Stocks Climb as Copper Tests Fresh Record
• Positive Sentiment: Structural demand story — Market commentary highlights AI/data-center buildout and energy transition as durable copper demand drivers, supporting a multi-year bull case for FCX given its large-scale production footprint (Grasberg, volume leverage). Gold and Silver Exploded—Now Copper May Be the Next Big Trade
• Positive Sentiment: Industry stock-picking attention — Roundups of best copper stocks name Freeport as a primary play for copper upside, which can attract flows into FCX and support multiple expansion if commodity strength persists. Best copper stocks to buy as prices continue the bull run
• Neutral Sentiment: Dividend and momentum signals — Coverage noted an upcoming $0.15 dividend and an eight‑session gain streak; these support short-term demand but don’t change the longer-term fundamentals materially. Freeport-McMoRan (NYSE:FCX) Is Due To Pay A Dividend Of $0.15
• Negative Sentiment: Multiple class-action notices and shareholder investigations — Several law firms have filed or alerted investors about securities class actions against Freeport covering Feb 2022–Sep 2025; that raises litigation risk, potential legal costs and investor uncertainty. FCX LAWSUIT ALERT: Levi & Korsinsky Notifies Freeport-McMoRan Inc. Investors… DEADLINE ALERT for FCX…
• Negative Sentiment: Additional law-firm notices piling up — More firms (Faruqi, Bronstein Gewirtz, Newsfile/PR notices) are publicizing the same litigation window and lead-plaintiff deadlines, increasing headline flow and potential selling pressure from concerned holders. SHAREHOLDER ALERT: Faruqi & Faruqi Investigates Claims…
• Negative Sentiment: Analyst estimate cuts & rising short interest — Zacks trimmed earnings estimates and short interest jumped ~35% in December, which can amplify volatility and pressure shares if sentiment turns. Zacks Research Cuts Earnings Estimates for Freeport-McMoRan

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.