Freeport-McMoRan (NYSE:FCX) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Posted by Joseph Casey on Nov 21st, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Freeport-McMoRan Inc. (NYSE:FCX). In a filing disclosed on November 18th, the Representative disclosed that they had bought between $1,001 and $15,000 in Freeport-McMoRan stock on October 17th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of CommVault Systems (NASDAQ:CVLT) on 11/3/2025.
Sold $1,001 – $15,000 in shares of The Descartes Systems Group (NASDAQ:DSGX) on 11/3/2025.
Purchased $1,001 – $15,000 in shares of Cohen & Steers (NYSE:CNS) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 10/30/2025.
Sold $1,001 – $15,000 in shares of UFP Industries (NASDAQ:UFPI) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Enerpac Tool Group (NYSE:EPAC) on 10/30/2025.
Sold $1,001 – $15,000 in shares of Sterling Infrastructure (NASDAQ:STRL) on 10/30/2025.
Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 10/21/2025.
Purchased $1,001 – $15,000 in shares of Iberdrola (OTCMKTS:IBDSF) on 10/21/2025.

Freeport-McMoRan Stock Performance

Freeport-McMoRan stock traded down $1.57 during trading hours on Thursday, hitting $39.68. 15,642,508 shares of the stock traded hands, compared to its average volume of 16,572,869. The firm’s 50 day moving average price is $41.19 and its 200-day moving average price is $41.82. The company has a debt-to-equity ratio of 0.29, a current ratio of 2.45 and a quick ratio of 1.19. The stock has a market capitalization of $56.98 billion, a price-to-earnings ratio of 27.94, a P/E/G ratio of 0.94 and a beta of 1.64. Freeport-McMoRan Inc. has a 1 year low of $27.66 and a 1 year high of $49.12.

Freeport-McMoRan (NYSE:FCX – Get Free Report) last issued its earnings results 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 firm had revenue of $6.97 billion during the quarter, compared to analysts’ expectations of $6.74 billion. Freeport-McMoRan had a net margin of 7.97% and a return on equity of 7.84%. The firm’s revenue was up 2.7% compared to the same quarter last year. During the same quarter last year, the company posted $0.38 earnings per share. As a group, equities analysts expect that Freeport-McMoRan Inc. will post 1.68 EPS for the current fiscal year.

Freeport-McMoRan Dividend Announcement

The business also recently announced 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. This represents a $0.60 annualized dividend and a yield of 1.5%. The ex-dividend date of this dividend was Wednesday, October 15th. Freeport-McMoRan’s payout ratio is currently 21.13%.

Institutional Trading of Freeport-McMoRan

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

Analysts Set New Price Targets

Several brokerages have recently weighed in on FCX. Jefferies Financial Group reaffirmed a “buy” rating and set a $46.00 target price on shares of Freeport-McMoRan in a research note on Wednesday, September 24th. Sanford C. Bernstein reduced their price objective on shares of Freeport-McMoRan from $48.50 to $45.00 and set an “outperform” rating for the company in a research report on Tuesday, October 14th. Raymond James Financial dropped their target price on shares of Freeport-McMoRan from $46.00 to $45.00 and set an “outperform” rating on the stock in a research report on Wednesday. Royal Bank Of Canada cut their target price on shares of Freeport-McMoRan from $54.00 to $48.00 and set a “sector perform” rating for the company in a research note on Wednesday, October 1st. Finally, Dbs Bank reduced their price target on shares of Freeport-McMoRan from $51.00 to $48.00 in a research report on Thursday, October 2nd. Four equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $46.73.

Read Our Latest Report on Freeport-McMoRan

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Freeport-McMoRan

(Get Free Report)

Freeport-McMoRan Inc engages in the mining of mineral properties in North America, South America, and Indonesia. It primarily explores for copper, gold, molybdenum, silver, and other metals. The company's assets include the Grasberg minerals district in Indonesia; Morenci, Bagdad, Safford, Sierrita, and Miami in Arizona; Chino and Tyrone in New Mexico; and Henderson and Climax in Colorado, North America, as well as Cerro Verde in Peru and El Abra in Chile.