Summit Global Investments Increases Holdings in Freeport-McMoRan Inc. $FCX
Summit Global Investments significantly increased its stake in Freeport-McMoRan Inc. (FCX) by 278.4% in Q3, now holding 46,157 shares valued at $1.81 million. This increase follows Freeport-McMoRan beating Q4 earnings and revenue estimates, driven by strong copper demand. Despite a reduced quarterly dividend and insider share sales, analyst upgrades and positive market sentiment position the stock favorably.
https://www.marketbeat.com/instant-alerts/filing-summit-global-investments-increases-holdings-in-freeport-mcmoran-inc-fcx-2026-01-30/