Quadrant Capital Group LLC Purchases 33,203 Shares of Sociedad Quimica y Minera S.A. $SQM

Chile’s S&P IPSA rose 0.85% to 10,838.04 on May 27, recovering Tuesday’s dip and returning to its moving-average range after an early-May selloff, according to Bolsa de Comercio de Santiago data. The gain was supported by copper near record levels after Cochilco raised its 2026 forecast, and by expectations that Banco Central de Chile may cut rates from 4.50% toward 4.25% in June.

SQM’s Q1 2026 earnings call said it is evaluating how to use higher lithium-driven windfall free cash flow, with no decision yet on a special dividend for the quarter, while weighing taxes and investments. SPN volumes rose as China suspended potassium nitrate exports, though sustainability is uncertain. SQM expects lithium sales volumes up 15% YoY to over 270,000 tons, and cited Salar Futuro investment of about $30B, with environmental studies due by Q3 2026 and investment starting in 2030.

Chile’s S&P IPSA fell 0.73% to 10,747.02 on Tuesday (May 26), after a 2.48% copper-amplified gain on Monday, according to the Bolsa de Comercio de Santiago. The index opened near Monday’s close and traded in a narrow range. The Banco Central of Chile’s policy rate is 4.50%, with a June cut toward 4.25% in view.

Chile’s S&P IPSA rose 2.48% to 10,825.53 on Monday (May 25), its strongest session in Latin America, according to Bolsa de Comercio de Santiago data. The rally was attributed to copper: Cochilco raised its 2026 forecast to $5.55/lb and copper neared record levels as a softer dollar and lower oil followed an Iran-related oil framework. The article cites a June rate-cut case toward 4.25%.

Chile’s S&P IPSA fell 0.34% to 10,563.88 on Friday May 22, the first session after the Navy Day holiday, with volumes described as relatively low. The index still gained 1.4% in pesos and 2% on a USD-adjusted basis for the week, ending a four-week losing streak. Copper stayed near $6.14/lb after Cochilco raised its 2026 forecast to $5.55/lb.

Earnest Partners LLC significantly increased its stake in Sociedad Quimica y Minera S.A. (NYSE:SQM) by 81.9% in Q3, owning over 1.9 million shares valued at $82.16 million. Other institutional investors like Bank of America and VanEck also boosted their positions, bringing total institutional ownership to 12.41%. Analysts maintain a "Moderate Buy" consensus for SQM with an average target price of $70.63, despite the company recently missing EPS estimates but showing a 23.3% year-over-year revenue increase and paying a special dividend.