Connor Clark & Lunn Investment Management Ltd. grew its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 1,769.3% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 464,133 shares of the mining company’s stock after purchasing an additional 439,304 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in BHP Group were worth $25,875,000 at the end of the most recent quarter.
Other institutional investors have also made changes to their positions in the company. Fisher Asset Management LLC increased its stake in BHP Group by 1.9% in the 2nd quarter. Fisher Asset Management LLC now owns 22,842,252 shares of the mining company’s stock valued at $1,098,484,000 after buying an additional 429,330 shares during the last quarter. Norges Bank bought a new stake in BHP Group during the 2nd quarter worth about $20,262,000. Ameriprise Financial Inc. boosted its stake in shares of BHP Group by 119.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 424,361 shares of the mining company’s stock worth $20,408,000 after buying an additional 230,848 shares during the last quarter. American Century Companies Inc. grew its holdings in shares of BHP Group by 18.3% in the 3rd quarter. American Century Companies Inc. now owns 920,304 shares of the mining company’s stock valued at $51,307,000 after acquiring an additional 142,060 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of BHP Group by 48.2% in the 2nd quarter. Franklin Resources Inc. now owns 383,043 shares of the mining company’s stock valued at $18,421,000 after acquiring an additional 124,625 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.
BHP Group Stock Down 3.4%
Shares of NYSE BHP opened at $70.86 on Friday. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44. The stock’s fifty day moving average price is $71.04 and its two-hundred day moving average price is $61.38. BHP Group Limited Sponsored ADR has a one year low of $39.73 and a one year high of $83.21.
BHP Group Announces Dividend
Analysts Set New Price Targets
BHP has been the topic of several analyst reports. Citigroup reiterated a “neutral” rating on shares of BHP Group in a report on Tuesday, February 10th. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Sanford C. Bernstein lowered their price target on BHP Group from $49.50 to $48.00 and set a “market perform” rating on the stock in a research report on Monday. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a report on Wednesday, February 18th. Finally, Zacks Research raised shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. One equities research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $53.33.
Read Our Latest Stock Report on BHP Group
Key Headlines Impacting BHP Group
Here are the key news stories impacting BHP Group this week:
- Positive Sentiment: BHP participated in a C$100 million financing for Faraday Copper, signalling the company is selectively investing to boost its copper exposure and pipeline of battery-metal projects. Faraday Copper Announces Closing of C$100 Million Offering with Participation by a Lundin Family Trust and BHP
- Neutral Sentiment: VALE reported stronger-than-expected 2025 output and outlined expansions through 2035 — this adds supply-side context that can influence iron ore and base‑metals prices, a factor for BHP’s commodity mix. VALE Posts Strong 2025 Output: Can Expansion Drive Future Gains?
- Neutral Sentiment: Rio Tinto’s recent rally (64.9% in six months) highlights investor appetite for peers delivering higher copper and lithium output — a comparison that can pressure/benefit BHP depending on relative execution and guidance. Should You Buy Rio Tinto Stock After a 64.9% Rally in 6 Months?
- Neutral Sentiment: POSCO’s expansion of battery-materials capacity in Vietnam underscores growing demand for battery supply chains; macro demand for copper/nickel remains relevant to BHP’s strategy but is an industry-level factor rather than company-specific news. POSCO Expands Global Battery Materials With Vietnam Facility
- Negative Sentiment: Sanford C. Bernstein lowered expectations for BHP’s stock price, weighing on investor sentiment and contributing directly to the share weakness today. Sanford C. Bernstein Has Lowered Expectations for BHP Group (NYSE:BHP) Stock Price
BHP Group Company Profile
BHP Group is an Anglo-Australian natural resources company engaged principally in the exploration, development, production and marketing of commodities. Its core businesses include the extraction and processing of iron ore, copper, metallurgical and thermal coal, nickel and other minerals. BHP operates large-scale mining and processing assets and supplies raw materials used across steelmaking, energy and industrial supply chains.
The company has a global operating footprint with significant assets and projects in Australia and the Americas, and commercial activities that serve customers worldwide.
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