Erste Group Bank Forecasts BHP Group FY2028 Earnings

BHP Group Limited Sponsored ADR (NYSE:BHP) – Erste Group Bank issued their FY2028 EPS estimates for shares of BHP Group in a note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau expects that the mining company will post earnings of $4.92 per share for the year. The consensus estimate for BHP Group’s current full-year earnings is $5.05 per share.

A number of other equities research analysts have also recently commented on the stock. Wall Street Zen cut shares of BHP Group from a “buy” rating to a “hold” rating in a report on Saturday, August 22nd. Weiss Ratings upgraded shares of BHP Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. DZ Bank raised BHP Group from a “strong sell” rating to a “hold” rating in a research report on Thursday, May 28th. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research report on Monday, June 8th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BHP Group in a research note on Thursday, July 2nd. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average price target of $78.00.

BHP Group Stock Down 1.2%

NYSE:BHP opened at $94.03 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.88. BHP Group has a fifty-two week low of $51.83 and a fifty-two week high of $98.71. The firm has a 50-day simple moving average of $86.30 and a two-hundred day simple moving average of $81.93.

Institutional Trading of BHP Group

Large investors have recently made changes to their positions in the stock. Bayban bought a new position in BHP Group during the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC purchased a new stake in BHP Group in the fourth quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC bought a new stake in BHP Group in the 4th quarter worth approximately $26,000. Whipplewood Advisors LLC grew its position in BHP Group by 8,320.0% in the 1st quarter. Whipplewood Advisors LLC now owns 421 shares of the mining company’s stock worth $31,000 after purchasing an additional 416 shares during the period. Finally, Addison Advisors LLC raised its stake in BHP Group by 31.8% during the 4th 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 last quarter. 3.79% of the stock is currently owned by institutional investors.

BHP Group Dividend Announcement

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

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.