Southern Copper Corporation $SCCO Stock: Farther Finance Advisors LLC Grows Stake

Key Points

• Farther Finance Advisors increased its Southern Copper stake by 38% in the third quarter, bringing its holdings to 30,280 shares valued at approximately $6.14 million. Institutional investors and hedge funds own 7.94% of SCCO.
• Southern Copper reported quarterly EPS of $1.99, exceeding estimates, while revenue rose 40.6% year over year to $4.29 billion. The company also raised its quarterly dividend to $1.10, equivalent to a 2.1% annual yield.
• Analyst sentiment remains cautious despite copper-driven gains: SCCO has a consensus “Reduce” rating and an average price target of $156.02, well below its recent price near $209, with valuation cited as a key risk.

Farther Finance Advisors LLC increased its position in shares of Southern Copper Corporation (NYSE:SCCO - Free Report) by 38.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 30,280 shares of the basic materials company's stock after purchasing an additional 8,341 shares during the quarter. Farther Finance Advisors LLC's holdings in Southern Copper were worth $6,136,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of SCCO. Sapient Capital LLC acquired a new position in shares of Southern Copper in the 3rd quarter valued at approximately $217,000. Venture Visionary Partners LLC boosted its position in shares of Southern Copper by 7.7% during the 3rd quarter. Venture Visionary Partners LLC now owns 7,334 shares of the basic materials company's stock worth $1,486,000 after acquiring an additional 525 shares in the last quarter. Wealth Enhancement Trust Services Inc. increased its stake in Southern Copper by 436.5% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 1,014 shares of the basic materials company's stock valued at $205,000 after acquiring an additional 825 shares during the last quarter. Ferguson Wellman Capital Management Inc. increased its stake in Southern Copper by 5.2% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 106,792 shares of the basic materials company's stock valued at $21,640,000 after acquiring an additional 5,278 shares during the last quarter. Finally, Confluence Investment Management LLC increased its stake in Southern Copper by 27.7% in the third quarter. Confluence Investment Management LLC now owns 12,354 shares of the basic materials company's stock valued at $2,503,000 after acquiring an additional 2,682 shares during the last quarter. 7.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Southern Copper news, Director Luis Palomino Bonilla sold 202 shares of the firm's stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $196.79, for a total transaction of $39,751.28. Following the completion of the sale, the director directly owned 1,723 shares in the company, valued at approximately $339,066.65. This trade represents a 10.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last quarter, insiders have sold 704 shares of company stock worth $138,077. Corporate insiders own 0.07% of the company's stock.

Southern Copper Stock Up 5.2%

NYSE:SCCO opened at $209.07 on Friday. Southern Copper Corporation has a 1-year low of $119.25 and a 1-year high of $223.88. The firm's 50-day moving average price is $200.13 and its 200-day moving average price is $185.79. The company has a market capitalization of $174.44 billion, a PE ratio of 30.57, a P/E/G ratio of 1.84 and a beta of 1.11. The company has a debt-to-equity ratio of 0.63, a current ratio of 5.06 and a quick ratio of 4.56.

Southern Copper (NYSE:SCCO - Get Free Report) last issued its quarterly earnings results on Wednesday, July 22nd. The basic materials company reported $1.99 EPS for the quarter, topping analysts' consensus estimates of $1.93 by $0.06. Southern Copper had a return on equity of 49.04% and a net margin of 35.87%. The firm had revenue of $4.29 billion for the quarter, compared to analysts' expectations of $4.37 billion. The firm's quarterly revenue was up 40.6% on a year-over-year basis. On average, equities analysts predict that Southern Copper Corporation will post 7.94 EPS for the current fiscal year.

Southern Copper Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, August 27th. Investors of record on Tuesday, August 11th were paid a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date was Tuesday, August 11th. This is a positive change from Southern Copper's previous quarterly dividend of $1.00. Southern Copper's dividend payout ratio (DPR) is presently 64.33%.

Trending Headlines about Southern Copper

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

• Positive Sentiment: Higher copper prices boosted the stock. Benchmark copper advanced amid expectations for post-holiday restocking in China, low visible inventories and potential supply disruptions at a major Chilean mine. The move strengthened the case for Southern Copper as a liquid way to gain exposure to copper. Southern Copper Jumps as Copper Rally Lifts Miner Shares
• Positive Sentiment: Wall Street Zen upgraded SCCO to “Buy.” The upgrade adds to the bullish narrative around the company’s copper exposure, operating momentum and growth prospects. Southern Copper Raised to Buy at Wall Street Zen
• Positive Sentiment: Growth factors remain supportive. Recent results showed record second-quarter 2026 net sales and substantially stronger realized metal prices, while the company’s project pipeline could expand longer-term production. Zacks also highlighted SCCO as a strong growth stock. Why Southern Copper Is a Strong Growth Stock
• Neutral Sentiment: UBS raised its price target to $180, signaling improved expectations, but the target remains below SCCO’s recent market price. Institutional positioning was mixed, with 430 investors adding shares and 394 reducing positions. UBS Raises Target for Southern Copper
• Negative Sentiment: Valuation is the main risk. One analysis estimates SCCO could be about 22% overvalued because investors have already priced in its project pipeline. The median recent analyst target of $153 is also well below the current trading range, suggesting expectations for copper and future growth are demanding. Southern Copper Could Be 22% Overvalued

Analyst Upgrades and Downgrades

Several brokerages have commented on SCCO. Wall Street Zen upgraded shares of Southern Copper from a "hold" rating to a "buy" rating in a research report on Saturday. Citigroup reaffirmed a "positive" rating on shares of Southern Copper in a report on Wednesday, July 15th. Morgan Stanley reiterated an "underweight" rating and issued a $170.00 price target on shares of Southern Copper in a research note on Wednesday. Barclays set a $164.03 price target on Southern Copper and gave the company an "underweight" rating in a research note on Thursday, July 23rd. Finally, Wells Fargo & Company boosted their price target on Southern Copper from $172.00 to $190.00 and gave the stock an "equal weight" rating in a report on Tuesday, October 6th. Two investment analysts have rated the stock with a Buy rating, five have given a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, Southern Copper currently has a consensus rating of "Reduce" and an average target price of $156.02.

Southern Copper Company Profile

Southern Copper Corp. is an integrated copper producer engaged in the exploration, mining, processing, smelting and refining of copper and other minerals. Its principal products include copper cathodes, copper concentrates, molybdenum, zinc, silver and lead. The company also produces sulfuric acid and other byproducts through its metallurgical operations.

Southern Copper operates major mining and processing assets in Mexico and Peru. Its Mexican operations include the Buenavista del Cobre and La Caridad mining complexes, while its Peruvian operations include the Cuajone and Toquepala mines.

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