Foundations Investment Advisors LLC Buys 23,782 Shares of Freeport-McMoRan Inc. $FCX

Foundations Investment Advisors LLC increased its stake in Freeport-McMoRan Inc. (NYSE:FCX) by 306.0% in the 4th quarter, HoldingsChannel.com reports. The firm owned 31,553 shares of the natural resource company’s stock after acquiring an additional 23,782 shares during the period. Foundations Investment Advisors LLC’s holdings in Freeport-McMoRan were worth $1,603,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC raised its position in shares of Freeport-McMoRan by 24.2% during the 4th quarter. Brighton Jones LLC now owns 14,807 shares of the natural resource company’s stock valued at $564,000 after acquiring an additional 2,882 shares during the last quarter. Bison Wealth LLC raised its position in shares of Freeport-McMoRan by 5.6% during the 4th quarter. Bison Wealth LLC now owns 9,616 shares of the natural resource company’s stock valued at $366,000 after acquiring an additional 507 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in shares of Freeport-McMoRan during the 2nd quarter valued at $560,000. Brown Advisory Inc. raised its position in shares of Freeport-McMoRan by 27.0% during the 2nd quarter. Brown Advisory Inc. now owns 12,443 shares of the natural resource company’s stock valued at $539,000 after acquiring an additional 2,648 shares during the last quarter. Finally, Jump Financial LLC raised its position in shares of Freeport-McMoRan by 42.7% during the 2nd quarter. Jump Financial LLC now owns 50,114 shares of the natural resource company’s stock valued at $2,172,000 after acquiring an additional 14,992 shares during the last quarter. Institutional investors own 80.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on FCX. Weiss Ratings upgraded shares of Freeport-McMoRan from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, May 22nd. Morgan Stanley reiterated an “equal weight” rating and set a $66.00 target price (down from $70.00) on shares of Freeport-McMoRan in a research report on Friday, April 24th. Raymond James Financial dropped their target price on shares of Freeport-McMoRan from $72.00 to $68.00 and set an “outperform” rating for the company in a research report on Friday, April 24th. Argus upgraded shares of Freeport-McMoRan from a “hold” rating to a “buy” rating in a research report on Friday, February 13th. Finally, Wall Street Zen cut shares of Freeport-McMoRan from a “buy” rating to a “hold” rating in a research report on Saturday, February 14th. Two analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $65.72.

Freeport-McMoRan Price Performance

Shares of FCX stock opened at $65.70 on Friday. Freeport-McMoRan Inc. has a 12-month low of $35.15 and a 12-month high of $70.96. The firm has a market capitalization of $94.45 billion, a price-to-earnings ratio of 34.95, a price-to-earnings-growth ratio of 0.79 and a beta of 1.32. The company has a quick ratio of 1.13, a current ratio of 2.39 and a debt-to-equity ratio of 0.28. The firm has a fifty day moving average of $62.11 and a 200-day moving average of $57.21.

Freeport-McMoRan (NYSE:FCX) last announced its quarterly earnings results on Thursday, April 23rd. The natural resource company reported $0.57 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.10. Freeport-McMoRan had a net margin of 10.34% and a return on equity of 9.88%. The company had revenue of $6.23 billion during the quarter, compared to analyst estimates of $5.73 billion. During the same quarter in the previous year, the business earned $0.24 EPS. The firm’s revenue was up 8.8% on a year-over-year basis. On average, equities research analysts forecast that Freeport-McMoRan Inc. will post 2.56 earnings per share for the current year.

Freeport-McMoRan Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 1st. Stockholders of record on Wednesday, April 15th were issued a $0.075 dividend. The ex-dividend date of this dividend was Wednesday, April 15th. This represents a $0.30 annualized dividend and a dividend yield of 0.5%. Freeport-McMoRan’s payout ratio is 15.96%.

Freeport-McMoRan News Summary

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

• Positive Sentiment: FCX is benefiting from renewed optimism around the electrification boom, with analysts highlighting its copper-focused business and Barclays’ recent Overweight rating and $77 price target. Why Wall Street Sees Freeport-McMoRan (FCX) Benefiting From The Electrification Boom
• Positive Sentiment: Investor sentiment has also been supported by strong recent share performance, with articles pointing to FCX’s large 1-year and year-to-date gains as evidence that the market is still rewarding the stock’s copper leverage. Reassessing Freeport McMoRan (FCX) Valuation After A Strong 1 Year Return Attracts Renewed Investor Attention
• Positive Sentiment: Some coverage argues FCX remains attractive on long-term fundamentals, citing a discounted valuation, resilient U.S. operations, and an expansion pipeline that could support earnings growth. Freeport-McMoRan: Robust Pipeline And Significant Long-Term Potential Make It A Buy
• Neutral Sentiment: Several recent articles simply note that FCX is attracting more investor and trader attention, which may reflect growing interest but does not by itself signal a major new catalyst. Freeport-McMoRan Inc. (FCX) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: FCX has also been mentioned in lists of top-performing silver and gold stocks, reinforcing its commodity exposure, but these pieces are mostly descriptive rather than clearly stock-moving. Is Freeport-McMoRan Inc. (FCX) Among the Best Performing Silver Stocks So Far in 2026?
• Negative Sentiment: A potential headwind remains the slower-than-expected recovery at the Grasberg copper and gold complex in Indonesia, which could weigh on near-term production expectations and sentiment. Is Freeport-McMoRan Inc. (FCX) Among the Best Performing Silver Stocks So Far in 2026?

About Freeport-McMoRan

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.