Rep. Bruce Westerman Buys BHP Group Limited (NYSE:BHP) Stock

Representative Bruce Westerman (R-Arkansas) recently bought shares of BHP Group Limited (NYSE:BHP). In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in BHP Group stock on March 3rd. The trade occurred in the Representative’s “FISHER IRA” account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of LVMH Moët Hennessy – Louis Vuitton, Société Européenne (OTCMKTS:LVMUY) on 4/2/2025.
• Purchased $1,001 – $15,000 in shares of Sony Group (NYSE:SONY) on 3/24/2025.
• Purchased $1,001 – $15,000 in shares of Mitsubishi UFJ Financial Group (NYSE:MUFG) on 3/21/2025.
• Purchased $1,001 – $15,000 in shares of BP (NYSE:BP) on 3/21/2025.
• Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Medtronic (NYSE:MDT) on 3/20/2025.
• Purchased $1,001 – $15,000 in shares of ASML (NASDAQ:ASML) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/20/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 3/20/2025.

BHP Group Trading Up 2.1 %

NYSE BHP traded up $0.96 on Friday, hitting $46.59. 2,488,560 shares of the stock were exchanged, compared to its average volume of 2,522,832. BHP Group Limited has a 52-week low of $39.73 and a 52-week high of $63.21. The firm has a market capitalization of $118.14 billion, a P/E ratio of 10.59 and a beta of 0.85. The stock has a fifty day moving average price of $48.47 and a two-hundred day moving average price of $51.29. The company has a debt-to-equity ratio of 0.40, a quick ratio of 1.25 and a current ratio of 1.70.

BHP Group Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were given a dividend of $1.00 per share. The ex-dividend date was Friday, March 7th. This represents a yield of 4.8%. BHP Group’s dividend payout ratio (DPR) is currently 44.77%.

Hedge Funds Weigh In On BHP Group

Several hedge funds have recently bought and sold shares of BHP. Barclays PLC boosted its holdings in BHP Group by 93.7% in the third quarter. Barclays PLC now owns 226,083 shares of the mining company’s stock valued at $14,042,000 after purchasing an additional 109,337 shares in the last quarter. Passumpsic Savings Bank grew its holdings in BHP Group by 8.3% in the third quarter. Passumpsic Savings Bank now owns 4,548 shares of the mining company’s stock valued at $282,000 after purchasing an additional 349 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in BHP Group during the third quarter worth about $114,000. Optimist Retirement Group LLC lifted its stake in BHP Group by 16.3% in the 3rd quarter. Optimist Retirement Group LLC now owns 38,823 shares of the mining company’s stock valued at $2,411,000 after buying an additional 5,432 shares in the last quarter. Finally, Tidal Investments LLC lifted its holdings in BHP Group by 21.8% in the 3rd quarter. Tidal Investments LLC now owns 141,455 shares of the mining company’s stock valued at $8,786,000 after purchasing an additional 25,342 shares in the last quarter. Institutional investors and hedge funds own 3.79% of the company’s stock.

Analyst Upgrades and Downgrades

BHP has been the topic of several research reports. Clarkson Capital upgraded shares of BHP Group to a “strong-buy” rating in a report on Friday, February 28th. Jefferies Financial Group cut their price target on shares of BHP Group from $57.00 to $53.00 and set a “hold” rating for the company in a report on Monday, January 6th. Finally, StockNews.com cut shares of BHP Group from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, February 19th. Two equities research analysts have rated the stock with a hold rating, three have given a buy rating and two have issued a strong buy rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average price target of $53.00.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas’ 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas’ 4th Congressional District. He declared candidacy for the 2026 election.

Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About BHP Group

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.