Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Freeport-McMoRan Inc. (NYSE:FCX)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Freeport-McMoRan Inc. (NYSE:FCX). In a filing disclosed on December 15th, the Representative disclosed that they had bought between $1,001 and $15,000 in Freeport-McMoRan stock on November 18th. 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):

• Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
• Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
• Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
• Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
• Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
• Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
• Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

Freeport-McMoRan Stock Up 2.5%

FCX opened at $49.14 on Friday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 1.19 and a current ratio of 2.45. The company has a market capitalization of $70.56 billion, a PE ratio of 34.60, a P/E/G ratio of 1.08 and a beta of 1.49. The stock’s fifty day moving average is $42.56 and its 200-day moving average is $42.74. Freeport-McMoRan Inc. has a one year low of $27.66 and a one year high of $49.64.

Freeport-McMoRan (NYSE:FCX) last released its earnings results on Thursday, October 23rd. The natural resource company reported $0.50 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $0.09. Freeport-McMoRan had a return on equity of 7.84% and a net margin of 7.97%.The firm had revenue of $6.97 billion for the quarter, compared to analyst estimates of $6.74 billion. During the same period in the previous year, the company earned $0.38 earnings per share. Freeport-McMoRan’s revenue was up 2.7% compared to the same quarter last year. On average, equities analysts predict that Freeport-McMoRan Inc. will post 1.68 EPS for the current fiscal year.

Freeport-McMoRan Cuts Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, February 2nd. Stockholders of record on Thursday, January 15th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Thursday, January 15th. Freeport-McMoRan’s payout ratio is currently 21.13%.

Hedge Funds Weigh In On Freeport-McMoRan

Several institutional investors and hedge funds have recently added to or reduced their stakes in FCX. Vanguard Group Inc. boosted its position in shares of Freeport-McMoRan by 1.4% in the third quarter. Vanguard Group Inc. now owns 128,760,188 shares of the natural resource company’s stock worth $5,049,975,000 after buying an additional 1,776,241 shares during the period. Fisher Asset Management LLC lifted its stake in Freeport-McMoRan by 1.4% in the 3rd quarter. Fisher Asset Management LLC now owns 63,258,414 shares of the natural resource company’s stock worth $2,480,995,000 after acquiring an additional 899,699 shares in the last quarter. State Street Corp boosted its position in Freeport-McMoRan by 1.1% during the 3rd quarter. State Street Corp now owns 62,477,910 shares of the natural resource company’s stock worth $2,450,384,000 after acquiring an additional 690,736 shares during the period. Price T Rowe Associates Inc. MD grew its stake in Freeport-McMoRan by 17.8% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 37,547,489 shares of the natural resource company’s stock valued at $1,421,549,000 after acquiring an additional 5,661,958 shares in the last quarter. Finally, Wellington Management Group LLP increased its holdings in shares of Freeport-McMoRan by 190.9% in the 3rd quarter. Wellington Management Group LLP now owns 36,494,793 shares of the natural resource company’s stock valued at $1,431,326,000 after purchasing an additional 23,950,557 shares during the period. 80.77% of the stock is currently owned by hedge funds and other institutional investors.

Freeport-McMoRan News Summary

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

• Positive Sentiment: Stock has reached a fresh 52‑week high, reflecting strong momentum and bullish investor sentiment around copper fundamentals. Read More.
• Positive Sentiment: Unusual/options “whale” activity shows concentrated bullish bets, which can amplify upside intraday and signal institutional conviction. Read More.
• Positive Sentiment: Analyst commentary (BMO cited) and MarketBeat coverage point to a recovery after operational news (Grasberg closure) and higher copper prices as a multi‑quarter tailwind for earnings. Read More. • Read More.
• Positive Sentiment: Company announced a quarterly cash dividend (small yield) — supports income investors and signals free‑cash‑flow availability. (Record/ex‑dividend dates disclosed in the release)
• Neutral Sentiment: Mixed short‑term market signals: some outlets report moderately bullish intraday activity while others note mixed options sentiment — suggests short‑term volatility remains likely. Read More. • Read More.
• Neutral Sentiment: Sector commentary flagged a couple of materials names as potential Q4 downside — worth monitoring for broader sector flows, but impact on FCX is uncertain. Read More.
• Negative Sentiment: Multiple law firms have filed or issued investor alerts about securities‑fraud class actions (alleged misstatements covering Feb 15, 2022–Sept 24, 2025) and are soliciting lead plaintiffs — elevated legal overhang could pressure the stock if filings lead to a major settlement or increased litigation costs. Representative filing/notice: Read More.

Insider Buying and Selling

In other news, CAO Stephen T. Higgins sold 28,423 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $47.99, for a total transaction of $1,364,019.77. Following the transaction, the chief accounting officer directly owned 105,294 shares in the company, valued at $5,053,059.06. The trade was a 21.26% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Ellie L. Mikes sold 9,572 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $47.66, for a total value of $456,201.52. Following the sale, the chief accounting officer owned 38,761 shares of the company’s stock, valued at approximately $1,847,349.26. This represents a 19.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.75% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Freeport-McMoRan in a research note on Wednesday, October 8th. Hsbc Global Res upgraded shares of Freeport-McMoRan from a “hold” rating to a “strong-buy” rating in a research report on Thursday, October 16th. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Freeport-McMoRan in a report on Wednesday, November 26th. CICC Research decreased their target price on Freeport-McMoRan from $51.60 to $42.30 and set an “outperform” rating on the stock in a report on Friday, September 26th. 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 research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Freeport-McMoRan presently has an average rating of “Buy” and a consensus price target of $49.11.

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.

Freeport-McMoRan Company Profile

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.