Freeport-McMoRan Inc. $FCX Shares Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp lifted its position in Freeport-McMoRan Inc. (NYSE:FCX) by 2.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 635,973 shares of the natural resource company’s stock after acquiring an additional 13,128 shares during the period. Mitsubishi UFJ Trust & Banking Corp’s holdings in Freeport-McMoRan were worth $24,943,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. Callan Family Office LLC lifted its position in Freeport-McMoRan by 229.9% in the 2nd quarter. Callan Family Office LLC now owns 26,983 shares of the natural resource company’s stock valued at $1,170,000 after purchasing an additional 18,803 shares during the last quarter. New York Life Investment Management LLC increased its stake in shares of Freeport-McMoRan by 11.8% in the second quarter. New York Life Investment Management LLC now owns 215,058 shares of the natural resource company’s stock valued at $9,323,000 after purchasing an additional 22,766 shares during the period. Arrow Capital Pty Ltd raised its holdings in shares of Freeport-McMoRan by 88.5% during the second quarter. Arrow Capital Pty Ltd now owns 113,100 shares of the natural resource company’s stock valued at $4,903,000 after buying an additional 53,100 shares during the last quarter. Foster Victor Wealth Advisors LLC boosted its position in shares of Freeport-McMoRan by 5.7% during the third quarter. Foster Victor Wealth Advisors LLC now owns 383,488 shares of the natural resource company’s stock worth $15,213,000 after buying an additional 20,586 shares during the period. Finally, Bourgeon Capital Management LLC grew its holdings in Freeport-McMoRan by 8.1% in the 2nd quarter. Bourgeon Capital Management LLC now owns 331,549 shares of the natural resource company’s stock worth $14,373,000 after buying an additional 24,803 shares in the last quarter. 80.77% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CAO Ellie L. Mikes sold 9,572 shares of the firm’s 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 completion of the sale, the chief accounting officer directly owned 38,761 shares of the company’s stock, valued at $1,847,349.26. This trade represents a 19.80% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Stephen T. Higgins sold 28,423 shares of the business’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 sale, 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. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 0.79% of the company’s stock.

Key Freeport-McMoRan News

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

• Positive Sentiment: Scotiabank raised its price target to $70 (from $63) and kept an “outperform” rating, signaling institutional conviction for further upside. Scotiabank raises PT to $70
• Positive Sentiment: CICC Research raised its target to $64.40 (from $50.40) and maintained an “outperform” rating, adding incremental analyst support to the rally. CICC raises PT to $64.40
• Positive Sentiment: JPMorgan reiterated an Overweight/Overweight-equivalent stance, keeping a large sell‑side name in the bullish camp—supportive for fund flows and relative sentiment. JPMorgan maintains Overweight
• Positive Sentiment: FCX reported better‑than‑expected Q4 results (adjusted EPS $0.47 vs. $0.28 consensus; revenue beat), which is the immediate fundamental catalyst underpinning the move. Trading up after earnings beat
• Neutral Sentiment: Benzinga’s options‑market analysis shows increased options activity around FCX, indicating traders are positioning for continued movement; heightened options flow can amplify short‑term momentum but also implies elevated volatility. Options market analysis
• Neutral Sentiment: MarketBeat’s deep dive notes the stock has rebounded strongly (roughly a 70% recovery since the Sept. selloff) and that Grasberg’s staged reopening and 2026 production guidance underpin longer‑term upside; however, much of that improvement is already priced in, so forward returns depend heavily on metals prices.
• Negative Sentiment: Key risk: copper and gold price direction. Analysts diverge on near‑term copper forecasts and FCX’s cash flow is highly sensitive to small copper moves (company comment: ~$335M operating cash‑flow swing per $0.10/lb). If metals soften, FCX’s strong rally could reverse. (MarketBeat and industry reports cited differing copper outlooks.)

Wall Street Analyst Weigh In

FCX has been the topic of several recent analyst reports. BNP Paribas Exane cut their target price on Freeport-McMoRan from $58.00 to $56.00 and set an “outperform” rating on the stock in a research note on Friday, December 5th. Johnson Rice reduced their price objective on shares of Freeport-McMoRan from $55.00 to $48.00 in a report on Monday, September 29th. BMO Capital Markets increased their target price on shares of Freeport-McMoRan from $55.00 to $68.00 and gave the company an “outperform” rating in a research report on Wednesday, January 14th. Citigroup boosted their price target on shares of Freeport-McMoRan from $48.00 to $67.00 and gave the stock a “buy” rating in a research report on Monday, January 12th. Finally, Hsbc Global Res upgraded shares of Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a report on Thursday, October 16th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $57.59.

Freeport-McMoRan Trading Up 1.3%

Shares of Freeport-McMoRan stock opened at $61.21 on Tuesday. The business has a fifty day simple moving average of $50.22 and a 200-day simple moving average of $45.10. Freeport-McMoRan Inc. has a fifty-two week low of $27.66 and a fifty-two week high of $63.58. The firm has a market cap of $87.89 billion, a price-to-earnings ratio of 40.54, a price-to-earnings-growth ratio of 0.71 and a beta of 1.45. The company has a quick ratio of 1.05, a current ratio of 2.29 and a debt-to-equity ratio of 0.29.

Freeport-McMoRan (NYSE:FCX) last issued its quarterly earnings results on Thursday, January 22nd. The natural resource company reported $0.47 EPS for the quarter, topping the consensus estimate of $0.28 by $0.19. Freeport-McMoRan had a net margin of 8.50% and a return on equity of 8.50%. The firm had revenue of $5.63 billion for the quarter, compared to analysts’ expectations of $5.42 billion. During the same period in the previous year, the business earned $0.31 earnings per share. Freeport-McMoRan’s revenue for the quarter was down 1.5% compared to the same quarter last year. On average, equities analysts forecast that Freeport-McMoRan Inc. will post 1.68 EPS for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The firm also recently announced a quarterly dividend, which will be paid on Monday, February 2nd. Investors of record on Thursday, January 15th will be paid 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 yield of 0.5%. Freeport-McMoRan’s dividend payout ratio is currently 19.87%.

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.