Southern Copper (NYSE:SCCO) Downgraded by Wall Street Zen to Hold

Wall Street Zen cut shares of Southern Copper (NYSE:SCCO) from a buy rating to a hold rating in a research report released on Saturday.

SCCO has been the subject of a number of other research reports. Itau BBA Securities downgraded shares of Southern Copper from a “market perform” rating to an “underperform” rating and set a $126.00 price objective for the company. in a research note on Monday, December 22nd. UBS Group set a $148.00 price target on Southern Copper and gave the company a “sell” rating in a report on Wednesday, January 21st. Jefferies Financial Group set a $155.00 price objective on Southern Copper and gave the stock a “buy” rating in a research note on Monday, October 6th. The Goldman Sachs Group reaffirmed a “sell” rating and set a $129.00 price objective on shares of Southern Copper in a research report on Wednesday, January 14th. Finally, Scotiabank reiterated an “underperform” rating on shares of Southern Copper in a report on Tuesday. Two research analysts have rated the stock with a Buy rating, four have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $137.45.

Southern Copper Stock Down 8.5%

Shares of Southern Copper stock opened at $190.22 on Friday. 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 cap of $154.49 billion, a price-to-earnings ratio of 39.88, a PEG ratio of 1.76 and a beta of 1.06. The firm’s 50-day moving average is $156.59 and its two-hundred day moving average is $128.57. Southern Copper has a 1 year low of $74.84 and a 1 year high of $218.81.

Southern Copper shares are going to split on the morning of Tuesday, February 10th. The 1.0085-1 split was recently announced. The newly issued shares will be distributed to shareholders after the market closes on Monday, February 9th.

Southern Copper Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 10th will be issued a $1.00 dividend. This is a boost from Southern Copper’s previous quarterly dividend of $0.90. This represents a $4.00 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Tuesday, February 10th. Southern Copper’s dividend payout ratio is 75.47%.

Insider Buying and Selling at Southern Copper

In other news, Director Bonilla Luis Miguel Palomino sold 400 shares of the company’s stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $139.00, for a total transaction of $55,600.00. Following the transaction, the director owned 1,265 shares in the company, valued at $175,835. This represents a 24.02% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders sold a total of 748 shares of company stock worth $103,260 in the last 90 days. 0.07% of the stock is currently owned by insiders.

Institutional Trading of Southern Copper

A number of institutional investors have recently bought and sold shares of SCCO. Legal & General Group Plc raised its holdings in Southern Copper by 4.3% in the 2nd quarter. Legal & General Group Plc now owns 941,712 shares of the basic materials company’s stock valued at $95,273,000 after acquiring an additional 38,856 shares during the last quarter. Rakuten Investment Management Inc. purchased a new position in Southern Copper in the third quarter worth approximately $2,976,000. Nordea Investment Management AB grew its holdings in shares of Southern Copper by 5.7% during the 3rd quarter. Nordea Investment Management AB now owns 148,484 shares of the basic materials company’s stock worth $17,778,000 after purchasing an additional 7,995 shares during the period. James Investment Research Inc. purchased a new position in Southern Copper during the third quarter worth about $791,000. Finally, SBI Securities Co. Ltd. boosted its position in shares of Southern Copper by 82.5% during the 2nd quarter. SBI Securities Co. Ltd. now owns 5,085 shares of the basic materials company’s stock worth $514,000 after purchasing an additional 2,298 shares during the period. 7.94% of the stock is currently owned by institutional investors and hedge funds.

More Southern Copper News

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

• Positive Sentiment: Copper rally and sector rotation — Copper’s run (driven by South American supply disruptions, China stimulus and EV/AI-driven demand) is lifting major producers, giving SCCO macro support. 3 Top Copper Stocks to Watch as Copper Prices Skyrocket: BHP, FCX, SCCO
• Positive Sentiment: Strong Q4/2025 results — Southern Copper reported hefty revenue and EPS gains (double‑digit YoY increases, improved margins and strong cash generation), supporting the rally. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings
• Positive Sentiment: Dividend boost + stock dividend — Management declared a larger cash dividend ($1.00) plus a 0.0085 stock dividend, a dual payout that supports income demand and likely attracted yield-focused buyers. Southern Copper (SCCO) Is Up 17.9% After Record 2025 Earnings and Dual Cash-and-Stock Dividend
• Positive Sentiment: Project progress and reserve position — Tía María is under construction (~25% complete) and SCCO has among the largest reserves of any public miner, strengthening its long‑term supply optionality. Digging Into Demand: Copper’s Scarcity Premium Is Rising
• Neutral Sentiment: Index move and stock split — Recent Russell 1000 activity and an announced 1.0085‑for‑1 stock dividend/split can increase liquidity and retail/institutional flows, but the economic impact is modest. What Next For Southern Copper Corporation After Russell 1000 index Jump
• Negative Sentiment: Near‑term production risk and guidance — Management flagged lower output in 2027–28, a potential headwind to forward supply expectations and near‑term free cash flow. Southern Copper rises after posting Q4 earnings beat; sees lower output in 2027-28
• Negative Sentiment: Mixed analyst views and hefty valuation swings — Several sell/underweight calls and a median 6‑month target below current levels highlight profit‑taking and valuation concerns despite strong results. Southern Copper Corporation (SCCO) Releases Q4 2025 Earnings (analyst/target summary)
• Negative Sentiment: Drawdown risk noted by some analysts — Commentary warns that elevated multiples and commodity volatility could produce significant pullbacks if copper weakens or company‑level issues arise. Southern Copper: Keep Holding, But Drawdown Risk Is Significant

Southern Copper Company Profile

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.