BHP Group (NYSE:BHP) Hits New 12-Month High – Here’s What Happened

BHP Group Limited Sponsored ADR (NYSE:BHP)’s share price hit a new 52-week high during trading on Wednesday . The stock traded as high as $93.83 and last traded at $93.0610, with a volume of 1658536 shares changing hands. The stock had previously closed at $89.09.

BHP Group News Roundup

Here are the key news stories impacting BHP Group this week:

• Positive Sentiment: Full-year attributable profit rose 9% to $9.83 billion, while underlying attributable profit climbed 30% to $13.2 billion on higher copper prices and strong iron-ore production. Revenue increased 15% to $58.8 billion. BHP profit tops estimates as copper powers growth
• Positive Sentiment: Copper became BHP’s largest contributor to underlying EBITDA for the first time, overtaking iron ore as record copper prices boosted margins. This supports the company’s exposure to electrification and energy-transition demand, although it also increases sensitivity to copper-price swings. BHP’s copper profits outstrip iron ore
• Positive Sentiment: BHP declared its highest annual dividend in four years, providing a direct shareholder-return benefit and signaling confidence following the earnings improvement. BHP profit tops estimates and dividend rises
• Positive Sentiment: Management’s earnings presentation and prepared remarks highlighted a stronger copper-led growth profile, while record iron-ore output added support to fiscal-year performance. BHP 2026 Q4 results presentation
• Neutral Sentiment: Unions representing workers at BHP’s Port Hedland operations in Western Australia failed to reach a wage agreement. The dispute creates a potential operational or cost risk, but no disruption was reported. BHP Port Hedland wage negotiations

Analyst Ratings Changes

A number of research analysts have recently commented on the stock. Bank of America cut their price target on shares of BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a report on Monday, June 22nd. DZ Bank upgraded shares of BHP Group from a “strong sell” rating to a “hold” rating in a report on Thursday, May 28th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. Argus set a $95.00 target price on shares of BHP Group in a research note on Monday, April 27th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a research report on Friday, July 17th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $78.00.

BHP Group Trading Up 3.1%

The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28. The business’s fifty day moving average price is $85.06 and its two-hundred day moving average price is $80.36.

Hedge Funds Weigh In On BHP Group

A number of institutional investors have recently bought and sold shares of BHP. Bayban purchased a new stake in shares of BHP Group in the fourth quarter worth about $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of BHP Group during the 4th quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of BHP Group during the 4th quarter valued at approximately $26,000. Whipplewood Advisors LLC increased its holdings in shares of BHP Group by 8,320.0% during the 1st quarter. Whipplewood Advisors LLC now owns 421 shares of the mining company’s stock valued at $31,000 after purchasing an additional 416 shares in the last quarter. Finally, Addison Advisors LLC grew its position in BHP Group by 31.8% during the fourth quarter. Addison Advisors LLC now owns 751 shares of the mining company’s stock valued at $45,000 after buying an additional 181 shares during the period. 3.79% of the stock is owned by hedge funds and other institutional investors.

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.