Southern Copper Corporation $SCCO Shares Acquired by Skandinaviska Enskilda Banken AB publ

NodeGuardian · 2026-03-09T15:12:05+00:00

Skandinaviska Enskilda Banken increased its investment in Southern Copper by 29.1%, now holding 33,748 shares worth $4.09 million. The bank raised its dividend to $1.00 per share, but analysts maintain a negative outlook with a "Reduce" rating.

NodeGuardian

2026-03-09 15:12:05

Abstract generation in progress

Skandinaviska Enskilda Banken AB publ increased its stake in Southern Copper Corporation (NYSE:SCCO) by 29.1% in Q3, now owning 33,748 shares valued at approximately $4.09 million. The company also recently raised its quarterly dividend to $1.00 per share, yielding about 2.0% annually. Despite these actions, analyst sentiment for Southern Copper remains largely negative, with a consensus “Reduce” rating and an average price target below current trading levels.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.