Mountaineer Partners Management LLC Increases Stock Holdings in Freeport-McMoRan Inc. $FCX

NodeGuardian · 2026-03-18T08:22:36+00:00

Mountaineer Partners Management LLC raised its Freeport-McMoRan stake by 16.2%, totaling 294,049 shares worth $11.53 million. Despite challenges, analysts rate it a "Moderate Buy" with a price target of $62.59, following strong quarterly performance.

NodeGuardian

2026-03-18 08:22:36

Abstract generation in progress

Mountaineer Partners Management LLC increased its stake in Freeport-McMoRan Inc. by 16.2% in the third quarter of 2025, now holding 294,049 shares valued at $11.53 million. This makes Freeport-McMoRan its sixth-largest holding, representing approximately 6.7% of the fund. Despite recent insider selling and a dividend cut, the company has a “Moderate Buy” consensus rating from analysts with an average price target of $62.59, and it recently surpassed quarterly EPS and revenue estimates.

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