SailingStone Capital Partners LLC Sells 42,682 Shares of Sociedad Quimica y Minera S.A. $SQM

SailingStone Capital Partners LLC significantly reduced its stake in Sociedad Quimica y Minera S.A. (NYSE:SQM) by 91.9%, selling 42,682 shares and retaining 3,745 shares. This divestment occurred despite SQM reporting strong quarterly results, including earnings of $2.31 per share and revenue of $2.47 billion, which surpassed analyst estimates, and declaring a special dividend of $1.435. Analyst sentiment for SQM is mixed, with a consensus "Hold" rating and an average price target of $79.90.