Royal Bank of Canada Has $90.15 Million Stock Position in BHP Group Limited Sponsored ADR $BHP

Royal Bank of Canada boosted its position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) by 17.9% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 1,239,402 shares of the mining company’s stock after purchasing an additional 188,446 shares during the period. Royal Bank of Canada’s holdings in BHP Group were worth $90,153,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in BHP. Fisher Asset Management LLC grew its stake in BHP Group by 1.1% during the fourth quarter. Fisher Asset Management LLC now owns 23,402,474 shares of the mining company’s stock worth $1,412,807,000 after buying an additional 252,825 shares during the last quarter. Morgan Stanley increased its holdings in shares of BHP Group by 22.8% during the fourth quarter. Morgan Stanley now owns 13,800,183 shares of the mining company’s stock worth $833,117,000 after buying an additional 2,562,747 shares in the last quarter. 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 valued at $193,197,000 after acquiring an additional 697,316 shares during the last quarter. 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 valued at $136,228,000 after acquiring an additional 123,382 shares during the last quarter. Finally, 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 valued at $103,511,000 after acquiring an additional 1,677,739 shares during the last quarter. 3.79% of the stock is currently owned by institutional investors and hedge funds.

BHP Group Price Performance

Shares of NYSE BHP opened at $84.50 on Friday. BHP Group Limited Sponsored ADR has a 1-year low of $49.68 and a 1-year high of $93.83. The company has a 50-day moving average of $84.87 and a two-hundred day moving average of $78.39. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44.

Key Stories Impacting BHP Group

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

• Positive Sentiment: Iron ore prices climbed as traders assessed the potential for supply disruptions from labor action at BHP’s Australian export facilities. Higher prices could support BHP’s realized pricing and partially offset shipment risks. Iron Ore Climbs as Traders Weigh Supply Risks From BHP Strike
• Positive Sentiment: A Reuters analysis said BHP is increasingly shifting its portfolio toward copper, a metal expected to benefit from electrification and energy-transition demand. The strategy may improve long-term growth and diversification, although it also increases execution and capital-allocation considerations. Iron Ore Giants BHP and Rio Are Morphing Into Copper Plays
• Neutral Sentiment: Unusually large options activity was reported in BHP shares, but the available information does not establish whether traders were positioning for upside or downside. BHP Group Target of Unusually Large Options Trading
• Negative Sentiment: Workers at BHP’s Port Hedland iron ore operations plan a 24-hour strike on August 8–9 if a labor agreement is not reached. Additional rolling strikes could delay shipments, pressure production volumes and raise costs at a strategically important export hub. BHP Port Hedland Iron Ore Workers to Strike August 8-9, Union Says
• Negative Sentiment: Erste Group Bank reduced its FY2026 and FY2027 EPS forecasts for BHP to $5.04 from $5.14 and $5.18, respectively. The revised FY2027 estimate is below the $5.09 consensus, indicating softer expected earnings momentum. BHP Group Earnings Estimate Revisions

Analysts Set New Price Targets

BHP has been the topic of a number of research analyst reports. Bank of America decreased their price target on BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a report on Monday, June 8th. The Goldman Sachs Group upgraded BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. DZ Bank raised BHP Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BHP Group in a report on Thursday, July 2nd. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and seven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $78.00.

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.