Analysts Offer Predictions for BHP Group FY2027 Earnings

BHP Group Limited Sponsored ADR (NYSE:BHP) – Investment analysts at Erste Group Bank raised their FY2027 EPS estimates for BHP Group in a report issued on Thursday, August 27th. Erste Group Bank analyst S. Lingnau now anticipates that the mining company will post earnings of $5.12 per share for the year, up from their previous forecast of $5.04. The consensus estimate for BHP Group’s current full-year earnings is $5.05 per share.

Other equities research analysts have also recently issued reports about the stock. Wall Street Zen cut shares of BHP Group from a “buy” rating to a “hold” rating in a research report on Saturday, August 22nd. Weiss Ratings upgraded shares of BHP Group from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, August 18th. DZ Bank raised shares of BHP Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BHP Group in a report on Thursday, July 2nd. Finally, Zacks Research cut BHP Group from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $78.00.

BHP Group Stock Down 1.2%

Shares of BHP Group stock opened at $94.03 on Tuesday. The company has a debt-to-equity ratio of 0.43, a current ratio of 1.88 and a quick ratio of 1.48. BHP Group has a 12-month low of $51.83 and a 12-month high of $98.71. The company’s fifty day simple moving average is $86.30 and its two-hundred day simple moving average is $81.93.

BHP Group Announces Dividend

The company also recently disclosed a dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Friday, September 4th will be issued a $1.98 dividend. The ex-dividend date is Friday, September 4th. This represents a yield of 404.0%.

Institutional Trading of BHP Group

A number of hedge funds have recently modified their holdings of BHP. AQR Capital Management LLC increased its stake in shares of BHP Group by 230.0% in the 1st quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock worth $1,546,000 after acquiring an additional 22,201 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in BHP Group by 20.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock worth $660,000 after acquiring an additional 2,331 shares in the last quarter. Invesco Ltd. grew its holdings in BHP Group by 99.6% in the second quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock worth $601,000 after purchasing an additional 6,241 shares during the period. EverSource Wealth Advisors LLC grew its holdings in BHP Group by 173.7% in the second quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock worth $182,000 after purchasing an additional 2,395 shares during the period. Finally, Guggenheim Capital LLC increased its stake in shares of BHP Group by 13.0% during the second quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock valued at $803,000 after purchasing an additional 1,917 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

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.