Choreo LLC cut its holdings in BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 42.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 20,565 shares of the mining company’s stock after selling 15,177 shares during the period. Choreo LLC’s holdings in BHP Group were worth $1,253,000 as of its most recent SEC filing.
Several other institutional investors have also added to or reduced their stakes in the business. Fisher Asset Management LLC raised its stake in shares of BHP Group by 1.3% in the third quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock worth $1,290,593,000 after buying an additional 307,397 shares during the period. Bank of America Corp DE raised its stake in shares of BHP Group by 25.2% in the third quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after buying an additional 697,316 shares during the period. Northern Trust Corp raised its stake in shares of BHP Group by 5.3% in the third quarter. Northern Trust Corp now owns 2,443,560 shares of the mining company’s stock worth $136,228,000 after buying an additional 123,382 shares during the period. SIH Partners LLLP raised its stake in shares of BHP Group by 937.5% in the third quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock worth $103,511,000 after buying an additional 1,677,739 shares during the period. Finally, American Century Companies Inc. raised its stake in shares of BHP Group by 18.3% in the third quarter. American Century Companies Inc. now owns 920,304 shares of the mining company’s stock worth $51,307,000 after buying an additional 142,060 shares during the period. 3.79% of the stock is currently owned by institutional investors.
BHP Group Stock Up 0.5%
Shares of NYSE BHP opened at $79.55 on Thursday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. The firm’s fifty day moving average is $73.78 and its two-hundred day moving average is $64.38. BHP Group Limited Sponsored ADR has a 52-week low of $45.32 and a 52-week high of $83.21.
BHP Group Announces Dividend
Key Headlines Impacting BHP Group
Here are the key news stories impacting BHP Group this week:
- Positive Sentiment: China reportedly relaxed restrictions and local mills were told they can bid for some BHP U.S. dollar‑denominated iron‑ore cargoes — a near‑term demand re‑opening that likely eased downside pressure on prices and sentiment. China said relax restrictions on some BHP iron ore cargoes (Reuters)
- Positive Sentiment: Multiple outlets report China resuming purchases and easing curbs on BHP cargoes — coverage reinforced the view that a major source of demand risk is receding, which helped lift the stock. Chinese iron ore truce reports bolster BHP (AFR)
- Positive Sentiment: BHP confirmed 140,325 performance rights lapsed and no new shares were issued — removes a potential short‑term dilution overhang. BHP Reports Lapse of 140,325 Performance Rights (Globe and Mail)
- Positive Sentiment: Company strategy pivot: BHP is steering ~70% of capex toward copper and potash to capture electrification and food‑security themes — that increases exposure to higher-growth commodities over the medium term. BHP Advances Copper Strategy (Zacks)
- Neutral Sentiment: Analysts and retail pieces are debating valuation after a year‑long ~60% rally — some view BHP as now priced for quality, others see room given commodity exposure; this discussion may temper fresh inflows. Is It Too Late To Consider BHP After A 60% Rally? (Yahoo)
- Negative Sentiment: Geopolitical and commodity volatility persists — some analysts note BHP shares fell ~10% after the Iran conflict escalation, highlighting sensitivity to macro and geopolitical shocks that can reverse gains. BHP: Focusing On Long-Term Prospects, While Trading Short-Term Volatility (Seeking Alpha)
Wall Street Analyst Weigh In
BHP has been the topic of several recent research reports. Wall Street Zen raised BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Argus upgraded shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price objective on the stock in a research report on Tuesday, December 30th. Citigroup restated a “neutral” rating on shares of BHP Group in a research report on Monday. Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a research report on Thursday, April 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating on shares of BHP Group in a research report on Wednesday, February 18th. One investment analyst has rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $53.33.
Read Our Latest Report on BHP Group
About BHP Group
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.
See Also
Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with MarketBeat.com's FREE daily email newsletter.
