Ferguson Wellman increases Southern Copper stock stake

Published on 10/06/2026 at 09:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Revenue hit USD 4.29 billion in second quarter of 2026, up 40.58 percent. Southern Copper stock costs EUR 183.18 on October 6, 2026 after EUR 183.80.

SCCO, US84265V1052, Illustration mit AI erstellt.

Ferguson Wellman Capital Management increased its stake in Southern Copper stock (ISIN US84265V1052) by 5.20 percent in the third quarter, according to MarketBeat on October 5, 2026. The move came as Southern Copper reported higher quarterly revenue and maintained capital returns through a larger dividend.

Second-quarter revenue reaches USD 4.29 billion

According to Simply Wall St, revenue rose from USD 3.051 billion in the second quarter of 2025 to USD 4.289 billion in the second quarter of 2026, an increase of 40.58 percent. Net income also rose from USD 973.4 million to USD 1.670 billion over the same period, while net margin widened from 31.90 percent to 38.90 percent.

MarketBeat reported that second-quarter earnings per share reached USD 1.99 versus a USD 1.93 consensus estimate. Revenue still came in below the USD 4.37 billion consensus, creating a split picture of stronger profitability but a sales miss.

Cash flow supports dividend growth

Zacks said operating cash flow increased 116.90 percent year over year to USD 3.68 billion in the first half of 2026. The same report put first-half copper production at 461,206 tons, down 3.80 percent year over year, while the 2026 production outlook rose to 917,000 tons from 910,000 tons.

Southern Copper also authorized a USD 1.10 per-share cash dividend in July 2026, alongside a stock dividend of 0.012 shares per common share, according to Zacks. The combination gives investors a direct capital-return signal while production remains sensitive to operating conditions in Peru and Mexico.

Euro quote before Xetra opens

Southern Copper was trading at EUR 183.18 at 8:59 a.m. CEST on October 6, 2026, down 0.34 percent versus the Lang & Schwarz prior close of EUR 183.80 on October 5, 2026. On the New York Stock Exchange, SCCO was last at USD 205.29 on October 5, 2026 at 4:00 p.m. ET, with a 52-week range of USD 115.74 to USD 221.24 and market capitalization of USD 171.3 billion.

The further course of trading is shown by the continuously updated real-time quote of Southern Copper stock.