Rep. Marjorie Taylor Greene Purchases Shares of Southern Copper Co. (NYSE:SCCO)

Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Southern Copper Co. NYSE: SCCO. In a filing disclosed on April 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in Southern Copper stock on April 8th.

Representative Marjorie Taylor Greene also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Cummins NYSE: CMI on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Merck & Co., Inc. NYSE: MRK on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Adobe NASDAQ: ADBE on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 4/9/2025.
• Purchased $1,001 - $15,000 in shares of Palantir Technologies NASDAQ: PLTR on 4/9/2025.

Southern Copper Stock Up 0.3 %

Southern Copper stock traded up $0.28 during midday trading on Friday, hitting $86.47. 1,058,290 shares of the stock were exchanged, compared to its average volume of 1,223,458. The company has a quick ratio of 2.31, a current ratio of 2.77 and a debt-to-equity ratio of 0.64. The stock has a market capitalization of $68.84 billion, a price-to-earnings ratio of 20.01, a price-to-earnings-growth ratio of 1.90 and a beta of 1.04. Southern Copper Co. has a 52-week low of $74.84 and a 52-week high of $127.34. The business's 50-day moving average price is $91.36 and its 200-day moving average price is $98.42.

Southern Copper (NYSE:SCCO - Get Free Report) last released its earnings results on Wednesday, February 12th. The basic materials company reported $1.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.02 by ($0.01). Southern Copper had a net margin of 29.53% and a return on equity of 40.27%. On average, research analysts expect that Southern Copper Co. will post 4.66 EPS for the current fiscal year.

Southern Copper Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, February 27th. Stockholders of record on Tuesday, February 11th were paid a $0.70 dividend. This is a positive change from Southern Copper's previous quarterly dividend of $0.60. The ex-dividend date was Tuesday, February 11th. This represents a $2.80 annualized dividend and a dividend yield of 3.24%. Southern Copper's dividend payout ratio is presently 64.81%.

Wall Street Analyst Weigh In

Several equities research analysts have recently issued reports on the company. UBS Group decreased their target price on Southern Copper from $120.00 to $100.00 and set a "buy" rating for the company in a research report on Tuesday. JPMorgan Chase & Co. decreased their price objective on shares of Southern Copper from $84.00 to $83.50 and set a "neutral" rating for the company in a report on Monday. Finally, Scotiabank lifted their price objective on shares of Southern Copper from $52.00 to $72.00 and gave the stock a "sector underperform" rating in a research report on Monday, March 10th. Three analysts have rated the stock with a sell rating, two have assigned a hold rating and three have given a buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average target price of $89.58.

Institutional Investors Weigh In On Southern Copper

Several institutional investors have recently added to or reduced their stakes in SCCO. M&T Bank Corp raised its position in shares of Southern Copper by 0.5% in the third quarter. M&T Bank Corp now owns 20,460 shares of the basic materials company's stock valued at $2,367,000 after purchasing an additional 105 shares during the period. Larson Financial Group LLC lifted its position in shares of Southern Copper by 28.0% during the fourth quarter. Larson Financial Group LLC now owns 521 shares of the basic materials company's stock worth $48,000 after acquiring an additional 114 shares in the last quarter. Cadence Wealth Management LLC boosted its holdings in shares of Southern Copper by 4.1% in the fourth quarter. Cadence Wealth Management LLC now owns 2,919 shares of the basic materials company's stock worth $266,000 after acquiring an additional 116 shares during the period. Tyche Wealth Partners LLC grew its position in shares of Southern Copper by 0.6% in the fourth quarter. Tyche Wealth Partners LLC now owns 19,807 shares of the basic materials company's stock valued at $1,805,000 after purchasing an additional 122 shares in the last quarter. Finally, Yousif Capital Management LLC raised its stake in shares of Southern Copper by 0.9% during the 4th quarter. Yousif Capital Management LLC now owns 14,390 shares of the basic materials company's stock valued at $1,311,000 after purchasing an additional 122 shares during the period. 7.94% of the stock is owned by hedge funds and other institutional investors.

About Representative Greene

Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.

About Southern Copper

Southern Copper Corporation engages in mining, exploring, smelting, and refining copper and other minerals in Peru, Mexico, Argentina, Ecuador, and Chile. The company is involved in the mining, milling, and flotation of copper ore to produce copper and molybdenum concentrates; smelting of copper concentrates to produce blister and anode copper; refining of anode copper to produce copper cathodes; production of molybdenum concentrate and sulfuric acid; production of refined silver, gold, and other materials; and mining and processing of zinc, copper, molybdenum, silver, gold, and lead.