Insider Selling: Freeport-McMoRan (NYSE:FCX) CAO Sells 28,423 Shares of Stock

13 Dec 2025, 00:24 by Mitch Edgeman · The Markets Daily

Freeport-McMoRan Inc. (NYSE:FCX – Get Free Report) CAO Stephen 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 value of $1,364,019.77. Following the completion of the sale, the chief accounting officer owned 105,294 shares in the company, valued at $5,053,059.06. This represents a 21.26% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Freeport-McMoRan Price Performance

NYSE FCX traded down $0.70 during trading on Friday, hitting $47.41. 16,644,711 shares of the stock traded hands, compared to its average volume of 16,495,912. The company has a quick ratio of 1.19, a current ratio of 2.45 and a debt-to-equity ratio of 0.29. Freeport-McMoRan Inc. has a 12-month low of $27.66 and a 12-month high of $49.12. The firm has a 50-day simple moving average of $41.77 and a 200-day simple moving average of $42.38. The company has a market capitalization of $68.08 billion, a P/E ratio of 33.39, a price-to-earnings-growth ratio of 1.05 and a beta of 1.49.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last issued its quarterly earnings data on Thursday, October 23rd. The natural resource company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.41 by $0.09. The business had revenue of $6.97 billion for the quarter, compared to analysts’ expectations of $6.74 billion. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The company’s revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.38 EPS. As a group, analysts predict that Freeport-McMoRan Inc. will post 1.68 EPS for the current year.

Freeport-McMoRan Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, November 3rd. Shareholders of record on Wednesday, October 15th were given a dividend of $0.15 per share. The ex-dividend date was Wednesday, October 15th. This represents a $0.60 annualized dividend and a yield of 1.3%. Freeport-McMoRan’s dividend payout ratio (DPR) is 21.13%.

Analyst Ratings Changes

FCX has been the topic of a number of research reports. Bank of America upgraded shares of Freeport-McMoRan from a “neutral” rating to a “buy” rating and set a $42.00 target price on the stock in a report on Tuesday, September 30th. Wells Fargo & Company raised Freeport-McMoRan to a “strong-buy” rating in a research note on Wednesday, October 8th. Raymond James Financial decreased their price objective on Freeport-McMoRan from $46.00 to $45.00 and set an “outperform” rating on the stock in a research report on Wednesday, November 19th. BMO Capital Markets dropped their target price on Freeport-McMoRan from $48.00 to $47.00 and set an “outperform” rating for the company in a report on Wednesday, November 19th. Finally, Sanford C. Bernstein cut their target price on Freeport-McMoRan from $48.50 to $45.00 and set an “outperform” rating on the stock in a research report on Tuesday, October 14th. Four analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, Freeport-McMoRan has a consensus rating of “Buy” and an average price target of $48.30.

View Our Latest Research Report on FCX

Institutional Investors Weigh In On Freeport-McMoRan

A number of institutional investors and hedge funds have recently modified their holdings of FCX. Steigerwald Gordon & Koch Inc. bought a new stake in shares of Freeport-McMoRan during the third quarter worth $25,000. Twin Peaks Wealth Advisors LLC bought a new stake in shares of Freeport-McMoRan in the 2nd quarter valued at about $28,000. Salomon & Ludwin LLC lifted its position in shares of Freeport-McMoRan by 1,962.9% in the 3rd quarter. Salomon & Ludwin LLC now owns 722 shares of the natural resource company’s stock worth $29,000 after purchasing an additional 687 shares during the period. JPL Wealth Management LLC bought a new position in shares of Freeport-McMoRan during the third quarter valued at approximately $33,000. Finally, Pilgrim Partners Asia Pte Ltd bought a new position in shares of Freeport-McMoRan during the third quarter valued at approximately $36,000. 80.77% of the stock is owned by institutional investors.

About Freeport-McMoRan

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