Freeport-McMoRan Inc. NYSE:FCX Boasts of Strong Institutional Backing
Published on August 24, 2025
In a recent development, the LGT Group Foundation has sold 150,737 shares of Freeport-McMoRan Inc., reducing its ownership to 87%. This move comes as Freeport-McMoRan Inc. boasts of strong institutional backing, with the majority of its shares held by institutional investors. Despite a recent dip of 6.4% since its last earnings report, experts believe that Freeport-McMoRan Inc. has the potential to rebound, making it an interesting prospect for investors. HighTower Advisors LLC has also recently lowered its stock position in Freeport-McMoRan, indicating a shift in ownership dynamics. For more insights and expert analysis on the movement of Freeport-McMoRan Inc. stocks, it is recommended to consult professionals at Stocks Prognosis.
Investor opinions & comments
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InvestorIvory
August 24, 2025 at 22:17
I'm not so sure about investing in Freeport-McMoRan Inc. despite the positive outlook. I'll need to do more research before making any decisions
AvaTurner
August 24, 2025 at 20:11
Interesting news about Freeport-McMoRan Inc. I'll definitely be keeping an eye on their stock movement
PennyPenny
August 24, 2025 at 04:41
It's great to see strong institutional backing for Freeport-McMoRan Inc. I have confidence in their potential to rebound