Southern Copper (NYSE:SCCO) Downgraded by Wall Street Zen to “Hold”

Southern Copper (NYSE:SCCO) was downgraded by stock analysts at Wall Street Zen from a “buy” rating to a “hold” rating in a report released on Saturday.

Other equities research analysts also recently issued research reports about the stock. Zacks Research downgraded shares of Southern Copper from a “strong-buy” rating to a “hold” rating in a research report on Monday, December 8th. Itau BBA Securities downgraded Southern Copper from a “market perform” rating to an “underperform” rating and set a $126.00 price target on the stock. in a report on Monday, December 22nd. Jefferies Financial Group set a $155.00 price objective on Southern Copper and gave the company a “buy” rating in a research report on Monday, October 6th. Morgan Stanley reaffirmed an “underweight” rating and issued a $156.00 target price on shares of Southern Copper in a research report on Friday. Finally, HSBC reissued a “hold” rating and set a $118.00 price target (up previously from $105.00) on shares of Southern Copper in a report on Friday, October 17th. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average price target of $137.45.

Southern Copper Trading Down 8.5%

NYSE:SCCO opened at $190.22 on Friday. The company has a market cap of $154.49 billion, a PE ratio of 39.88, a P/E/G ratio of 1.76 and a beta of 1.06. The business’s 50 day moving average is $156.59 and its two-hundred day moving average is $128.36. The company has a quick ratio of 3.91, a current ratio of 4.52 and a debt-to-equity ratio of 0.64. Southern Copper has a 52 week low of $74.84 and a 52 week high of $218.81.

Southern Copper’s stock is scheduled to split on Tuesday, February 10th. The 1.0085-1 split was recently announced. The newly minted shares will be issued to shareholders after the closing bell on Monday, February 9th.

Southern Copper (NYSE:SCCO) last released its quarterly earnings data on Friday, October 31st. The basic materials company reported $1.35 EPS for the quarter, topping analysts’ consensus estimates of $1.26 by $0.09. Southern Copper had a net margin of 30.98% and a return on equity of 38.74%. The firm had revenue of $3.38 billion during the quarter, compared to the consensus estimate of $3.05 billion. On average, analysts predict that Southern Copper will post 4.66 EPS for the current year.

Insider Buying and Selling

In other Southern Copper news, Director Bonilla Luis Miguel Palomino sold 400 shares of the company’s stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $139.00, for a total value of $55,600.00. Following the completion of the sale, the director directly owned 1,265 shares in the company, valued at $175,835. This represents a 24.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 748 shares of company stock worth $103,260 over the last quarter. 0.07% of the stock is owned by insiders.

Institutional Trading of Southern Copper

Several institutional investors have recently modified their holdings of the company. Capital World Investors grew its holdings in Southern Copper by 36.1% during the third quarter. Capital World Investors now owns 6,437,608 shares of the basic materials company’s stock worth $781,268,000 after acquiring an additional 1,708,693 shares during the period. State Street Corp lifted its holdings in Southern Copper by 1.5% in the 3rd quarter. State Street Corp now owns 2,795,976 shares of the basic materials company’s stock valued at $339,320,000 after acquiring an additional 40,847 shares during the last quarter. JPMorgan Chase & Co. boosted its position in shares of Southern Copper by 10.8% during the 2nd quarter. JPMorgan Chase & Co. now owns 1,719,883 shares of the basic materials company’s stock valued at $174,002,000 after purchasing an additional 168,005 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Southern Copper by 12.8% in the 3rd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 1,091,632 shares of the basic materials company’s stock worth $132,479,000 after purchasing an additional 123,532 shares during the last quarter. Finally, Vanguard Group Inc. grew its stake in shares of Southern Copper by 3.6% in the 4th quarter. Vanguard Group Inc. now owns 983,822 shares of the basic materials company’s stock worth $141,149,000 after purchasing an additional 33,804 shares during the last quarter. Institutional investors and hedge funds own 7.94% of the company’s stock.

Southern Copper News Roundup

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

• Positive Sentiment: Copper rally and sector rotation — Copper’s run (driven by South American supply disruptions, China stimulus and EV/AI-driven demand) is lifting major producers, giving SCCO macro support. 3 Top Copper Stocks to Watch as Copper Prices Skyrocket: BHP, FCX, SCCO
• Positive Sentiment: Strong Q4/2025 results — Southern Copper reported hefty revenue and EPS gains (double‑digit YoY increases, improved margins and strong cash generation), supporting the rally. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings
• Positive Sentiment: Dividend boost + stock dividend — Management declared a larger cash dividend ($1.00) plus a 0.0085 stock dividend, a dual payout that supports income demand and likely attracted yield-focused buyers. Southern Copper (SCCO) Is Up 17.9% After Record 2025 Earnings and Dual Cash-and-Stock Dividend
• Positive Sentiment: Project progress and reserve position — Tía María is under construction (~25% complete) and SCCO has among the largest reserves of any public miner, strengthening its long‑term supply optionality. Digging Into Demand: Copper’s Scarcity Premium Is Rising
• Neutral Sentiment: Index move and stock split — Recent Russell 1000 activity and an announced 1.0085‑for‑1 stock dividend/split can increase liquidity and retail/institutional flows, but the economic impact is modest. What Next For Southern Copper Corporation After Russell 1000 index Jump
• Negative Sentiment: Near‑term production risk and guidance — Management flagged lower output in 2027–28, a potential headwind to forward supply expectations and near‑term free cash flow. Southern Copper rises after posting Q4 earnings beat; sees lower output in 2027-28
• Negative Sentiment: Mixed analyst views and hefty valuation swings — Several sell/underweight calls and a median 6‑month target below current levels highlight profit‑taking and valuation concerns despite strong results. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings (analyst/target summary)
• Negative Sentiment: Drawdown risk noted by some analysts — Commentary warns that elevated multiples and commodity volatility could produce significant pullbacks if copper weakens or company‑level issues arise. Southern Copper: Keep Holding, But Drawdown Risk Is Significant

About Southern Copper

Southern Copper Corporation (NYSE: SCCO) is a large, integrated copper producer whose operations span the full value chain from exploration and mining to smelting, refining and the sale of copper and other metal products. The company produces a range of copper products including copper concentrate and refined cathodes, and recovers valuable byproducts such as molybdenum, silver and zinc. Southern Copper concentrates on high-volume, long-life assets designed to support steady production and processing capabilities.

Southern Copper’s operations are concentrated in Peru and Mexico, where it owns and operates multiple large-scale mining and processing facilities.