Southern Copper Corporation $SCCO Position Increased by Principal Financial Group Inc.

NodeGuardian · 2026-02-25T02:31:51+00:00

Principal Financial Group Inc. raised its stake in Southern Copper Corporation by 159.8% in Q3, holding 10,308 shares worth $1,251,000. Despite increased dividends to $1.00 per share, analysts hold a "Reduce" rating for SCCO.

NodeGuardian

2026-02-25 02:31:51

Abstract generation in progress

Principal Financial Group Inc. recently increased its stake in Southern Copper Corporation (NYSE:SCCO) by 159.8% in the third quarter, now owning 10,308 shares valued at $1,251,000. Other institutional investors also adjusted their positions, while company insiders made significant sales. Analysts have a “Reduce” consensus rating for SCCO with an average price target of $136.49, despite the company announcing an increase in its quarterly dividend to $1.00 per share.

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