Southern Copper Corporation $SCCO Shares Sold by Marathon Asset Management Ltd

29 Dec 2025, 06:38 by Scott Moore · The Cerbat Gem

Marathon Asset Management Ltd lessened its stake in Southern Copper Corporation (NYSE:SCCO – Free Report) by 4.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 672,083 shares of the basic materials company’s stock after selling 34,322 shares during the quarter. Southern Copper comprises about 3.0% of Marathon Asset Management Ltd’s investment portfolio, making the stock its 8th largest holding. Marathon Asset Management Ltd owned about 0.08% of Southern Copper worth $81,564,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. increased its stake in shares of Southern Copper by 65.1% in the 3rd quarter. MJT & Associates Financial Advisory Group Inc. now owns 213 shares of the basic materials company’s stock valued at $26,000 after acquiring an additional 84 shares during the last quarter. Tobam acquired a new position in Southern Copper during the second quarter valued at approximately $29,000. Westside Investment Management Inc. bought a new stake in Southern Copper in the second quarter valued at approximately $32,000. Allworth Financial LP raised its holdings in Southern Copper by 65.1% in the second quarter. Allworth Financial LP now owns 383 shares of the basic materials company’s stock worth $39,000 after purchasing an additional 151 shares during the period. Finally, AlphaCore Capital LLC raised its holdings in Southern Copper by 148.9% in the second quarter. AlphaCore Capital LLC now owns 433 shares of the basic materials company’s stock worth $44,000 after purchasing an additional 259 shares during the period. Institutional investors own 7.94% of the company’s stock.

Insiders Place Their Bets

In related news, Director Bonilla Luis Miguel Palomino sold 400 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $139.00, for a total value of $55,600.00. Following the completion of the transaction, the director owned 1,265 shares of the company’s stock, valued at approximately $175,835. This trade represents a 24.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders have sold a total of 948 shares of company stock valued at $131,130 over the last ninety days. 0.07% of the stock is currently owned by company insiders.

Southern Copper Stock Up 0.9%

SCCO stock opened at $149.49 on Monday. The company has a debt-to-equity ratio of 0.64, a current ratio of 4.52 and a quick ratio of 3.91. The stock has a market capitalization of $121.42 billion, a P/E ratio of 31.34, a P/E/G ratio of 1.38 and a beta of 1.07. Southern Copper Corporation has a fifty-two week low of $74.84 and a fifty-two week high of $152.19. The business has a 50-day moving average of $136.61 and a 200-day moving average of $115.93.

Southern Copper (NYSE:SCCO – Get Free Report) last announced its earnings results on Friday, October 31st. The basic materials company reported $1.35 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.09. Southern Copper had a return on equity of 38.74% and a net margin of 30.98%.The business had revenue of $3.38 billion for the quarter, compared to analyst estimates of $3.05 billion. On average, sell-side analysts anticipate that Southern Copper Corporation will post 4.66 earnings per share for the current fiscal year.

Southern Copper Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, November 28th. Stockholders of record on Wednesday, November 12th were given a $0.90 dividend. This represents a $3.60 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Wednesday, November 12th. Southern Copper’s payout ratio is currently 75.47%.

Analyst Ratings Changes

A number of analysts recently commented on SCCO shares. Citigroup restated a “sell” rating and issued a $108.00 price objective (up previously from $89.10) on shares of Southern Copper in a research report on Wednesday, October 8th. Weiss Ratings reissued a “buy (b)” rating on shares of Southern Copper in a research note on Monday, December 22nd. The Goldman Sachs Group reaffirmed a “sell” rating and set a $115.00 price target (up previously from $89.00) on shares of Southern Copper in a research report on Wednesday, October 29th. Jefferies Financial Group set a $155.00 price objective on Southern Copper and gave the company a “buy” rating in a report on Monday, October 6th. Finally, Wells Fargo & Company set a $144.00 target price on Southern Copper and gave the stock an “equal weight” rating in a research note on Tuesday, December 23rd. Two analysts have rated the stock with a Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $123.85.

Get Our Latest Report on SCCO

Southern Copper Company Profile

(Free Report)

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.