Southern Copper Corporation (SCCO) is down 3.2% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely near-term catalyst is Southern Copper trading ex-dividend on August 11, 2026, which often puts mechanical pressure on a stock price as new buyers are no longer entitled to the upcoming payout. The size of the decline suggests the move may also reflect normal volatility in copper miners and some profit-taking beyond the dividend adjustment.
Details:
Sources:
Southern Copper Corporation, SEC, Dividend.com
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$SCCO Insider Trading Activity
$SCCO insiders have traded $SCCO stock on the open market 12 times in the past 6 months. Of those trades, 0 have been purchases and 12 have been sales.
Here’s a breakdown of recent trading of $SCCO stock by insiders over the last 6 months:
- SANCHEZ MEJORADA ENRIQUE CASTILLO sold 4,587 shares for an estimated $997,167
- BONILLA LUIS MIGUEL PALOMINO has made 0 purchases and 11 sales selling 1,004 shares for an estimated $186,366.
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 436 institutional investors add shares of $SCCO stock to their portfolio, and 409 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 2,264,922 shares (+35.2%) to their portfolio in Q1 2026, for an estimated $385,843,958
- ACADIAN ASSET MANAGEMENT LLC added 1,718,311 shares (+1129.0%) to their portfolio in Q1 2026, for an estimated $292,725,276
- GOLDMAN SACHS GROUP INC removed 1,388,519 shares (-48.7%) from their portfolio in Q1 2026, for an estimated $236,543,098
- 1832 ASSET MANAGEMENT L.P. removed 1,055,919 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $179,882,559
- JPMORGAN CHASE & CO removed 968,988 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $165,073,307
- MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. added 788,996 shares (+46.6%) to their portfolio in Q1 2026, for an estimated $134,410,518
- PRICE T ROWE ASSOCIATES INC /MD/ removed 752,331 shares (-20.7%) from their portfolio in Q1 2026, for an estimated $128,164,400
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.
$SCCO Price Targets
Multiple analysts have issued price targets for $SCCO recently. We have seen 7 analysts offer price targets for $SCCO in the last 6 months, with a median target of $158.0.
Here are some recent targets:
- Timna Tanners from Wells Fargo set a target price of $172.0 on 07/09/2026
- Carlos De Alba from Morgan Stanley set a target price of $158.0 on 07/08/2026
- Myles Allsop from UBS set a target price of $160.0 on 06/30/2026
- Rodolfo Angele from JP Morgan set a target price of $131.5 on 06/17/2026
- Alfonso Salazar from Scotiabank set a target price of $140.0 on 06/15/2026
- Matthew Murphy from Barclays set a target price of $148.0 on 05/22/2026
- Caio Ribeiro from B of A Securities set a target price of $175.0 on 02/26/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
