Southern Copper Corp. Director Sells 214 Shares at $101/Share on 2025-09-03.

Southern Copper Corp. has announced that Director Luis Miguel Palomino Bonilla has sold 214 shares at a price of $101 per share on September 3, 2025.

Southern Copper Corporation (NYSE: SCCO) has seen a significant shift in its institutional investor landscape, with various firms adjusting their positions in the company's stock. On September 3, 2025, Director Luis Miguel Palomino Bonilla sold 214 shares at $101 per share, according to a recent 13F filing with the Securities and Exchange Commission [1]. This sale represents a 15.10% decrease in the director's ownership of the stock, as he directly owned 2,327 shares valued at $232,700 following the transaction.

The recent institutional investor activity indicates a mixed outlook on SCCO's future performance. Kestra Advisory Services LLC, one of the major institutional investors in SCCO, reduced its stake by 32.6% during the first quarter, holding 12,757 shares worth approximately $1.19 million after selling 6,174 shares [1]. Meanwhile, Cullen Frost Bankers Inc. lifted its holdings by 117.6% during the same period, owning 272 shares worth $25,000 after purchasing an additional 147 shares [1]. Other investors, such as Golden State Wealth Management LLC, N.E.W. Advisory Services LLC, and Twin Tree Management LP, also increased their stakes in SCCO [1].

The company's quarterly dividend was recently increased to $1.01 per share, up from $0.62, resulting in an annual yield of 4.2% [1]. This dividend increase reflects a positive financial outlook and may have contributed to the mixed institutional investor activity. Analysts maintain a consensus rating of "Reduce" for SCCO's stock, with target prices varying among firms, indicating mixed opinions on the company's future performance [1].

Southern Copper Corporation's stock has been trading down, opening at $96.06 on September 2, 2025, with a 50-day simple moving average of $98.15 and a 200-day simple moving average of $94.01 [1]. The company's market capitalization is $77.24 billion, with a price-to-earnings ratio of 21.02 and a price-to-earnings-growth ratio of 1.41 [1].

References:
[1] https://www.marketbeat.com/instant-alerts/filing-southern-copper-corporation-scco-shares-sold-by-kestra-advisory-services-llc-2025-09-01/