Crescent Grove Advisors 13F: New $541K Stake in SCCO

Crescent Grove Advisors opened a new position in Southern Copper Corporation SCCO by purchasing 2,670 shares worth about $541,049. The investment was revealed in a Form 13F filing with the Securities and Exchange Commission on October 21, 2026. Because this is a brand new holding for the firm, there was no prior position to compare. Southern Copper Corporation closed at $198.07 on the day of the filing.

SCCO Southern Copper Corporation

$202.34 ▲ +42.40% year to date

1M 3M YTD

Daily close · Oct 20, 2026

What Changed in Crescent Grove Advisors's Southern Copper Position

Crescent Grove Advisors initiated its stake during the period, adding 2,670 shares to bring its total ownership to 2,670 shares valued at $541,049. This fresh holding represents a brand-new commitment to the copper mining company.

Other Institutional Activity in Southern Copper

Other large money managers also adjusted their positions in the basic materials company recently. Integrated Advisors Network grew its holdings by 8,605 shares, ending with 13,817 shares worth about $2,799,946 after a 165.1% increase. Fisher Asset Management, LLC added 463,206 shares, bringing its stake to 2,822,889 shares valued at $519,580,942 following a 19.6% increase. Neuberger Berman Group, LLC reduced its holdings by 105,869 shares, or 4.0%, finishing with 2,560,847 shares worth about $471,349,492. Mirae Asset Global ETFs Holdings Ltd. lifted its position by 44,938 shares, or 1.8%, to hold 2,55︎,444 shares valued at $470,355,016.

Southern Copper Corporation Stock Down 6.7%

Southern Copper Corporation shares recently traded around $188.76 as of October 22, 2026, which is down about 4.7% from its $198.07 close on the filing date. The stock trades below its 50-day moving average of $201.43 but sits above its 200-day moving average of $185.81. Over the past 52 weeks, shares have ranged from a low of $115.74 to a high of $220.78.

Recent Earnings

Southern Copper Corporation recently reported trailing twelve-month revenue of $15.79 billion alongside earnings of $7.52 per share. The company posted a return on equity of 49.9% and a net profit margin of 35.9%, with revenue growing 40.6% year-over-year. Its next financial update is scheduled for October 22, 2026.

Dividend

The company distributes an annual dividend rate of $4.40 per share, which translates to a dividend yield of 2.17%. The payout ratio stands at 53.9% of earnings.

Insider Buying and Selling at Southern Copper Corporation

Director Luis Miguel Ph.D. Palomino carried out four transactions during the late summer. On August 5, 2026, Palomino sold 200 shares for a total value of $39,830. Later, on August 31, 2026, the director sold 400 shares at an average price of $217.50, totaling $87,000. This was followed by the sale of 100 shares on September 4, 2026, at a price of $200.00 for a total value of $20,000, and another sale of 100 shares on September 8, 2026, at $210.00 per share for a total value of $21,000.

Analysts Set New Price Targets

Wall Street firms updated their views on the stock through the autumn. On July 16, 2026, Barclays maintained its Underweight rating while lifting its price target from $148.00 to $160.00, and followed up on July 23, 2026, by raising the target to $166.00. Wells Fargo maintained an Equal-Weight rating on October 6, 2026, and raised its target from $172.00 to $190.00. UBS maintained a Sell rating on October 8, 2026, with a price target of $180.00. Most recently, on October 19, 2026, Barclays reiterated its Underweight rating and bumped its target from $166.00 to $168.00. Overall, the stock carries a consensus recommendation of underperform from 17 analysts with a mean price target of $178.68.

About Southern Copper

Southern Copper Corporation operates as a major producer of copper, molybdenum, zinc, and silver. The business runs mining, exploration, smelting, and refining facilities across Mexico, Peru, Argentina, Ecuador, and Chile. Its operations supply vital metals used across industrial manufacturing, construction, and green energy infrastructure worldwide.

Bottom Line

Investors tracking Southern Copper will want to review the upcoming earnings results and watch for additional institutional portfolio updates. Monitoring how the share price holds relative to its moving averages will also offer insight into near-term market sentiment.