Southern Copper (SCCO) reported record third-quarter 2026 net sales of $4.6966 billion, up 39.1% from a year earlier. Net income attributable to SCC reached $1.8018 billion, up 62.7%, while basic and diluted earnings per share were $2.15.
The company said higher metal prices supported results. Copper production declined 1.1% year over year to 232,396 tonnes, while operating cash flow rose 42.6% to $2.2243 billion.
- Third-quarter operating income was $2.8151 billion, up 59.2% year over year.
- Net income margin was 38.4%, compared with 32.8% in the prior-year quarter.
- Capital investments totaled $515.8 million, up 47.7% from the third quarter of 2025.
- The board authorized a quarterly cash dividend of $1.30 per share and a stock dividend of 0.0106 shares per share, payable November 19, 2026.
- Nine-month net sales rose 38.6% to $13.237 billion, and net income attributable to SCC increased 66.8% to $5.0486 billion.
$SCCO Insider Trading Activity
$SCCO insiders have traded $SCCO stock on the open market 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $SCCO stock by insiders over the last 6 months:
- BONILLA LUIS MIGUEL PALOMINO has made 0 purchases and 13 sales selling 1,504 shares for an estimated $299,339.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SCCO Hedge Fund Activity
We have seen 444 institutional investors add shares of $SCCO stock to their portfolio, and 402 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ACADIAN ASSET MANAGEMENT LLC removed 1,823,681 shares (-96.3%) from their portfolio in Q2 2026, for an estimated $314,026,379
- JPMORGAN CHASE & CO added 1,138,973 shares (+inf%) to their portfolio in Q2 2026, for an estimated $196,123,975
- CAPITAL WORLD INVESTORS removed 946,954 shares (-10.8%) from their portfolio in Q2 2026, for an estimated $163,059,512
- NORGES BANK added 790,392 shares (+inf%) to their portfolio in Q2 2026, for an estimated $136,100,522
- AGF MANAGEMENT LTD removed 702,423 shares (-54.0%) from their portfolio in Q2 2026, for an estimated $120,952,815
- CAPITAL RESEARCH GLOBAL INVESTORS removed 572,643 shares (-44.0%) from their portfolio in Q2 2026, for an estimated $98,605,516
- BANK OF AMERICA CORP /DE/ added 471,273 shares (+34.8%) to their portfolio in Q2 2026, for an estimated $81,150,241
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
