Erste Group Bank Predicts Lower Earnings for BHP Group

BHP Group Limited Sponsored ADR (NYSE:BHP) – Equities researchers at Erste Group Bank dropped their FY2026 earnings per share estimates for BHP Group in a report released on Monday, July 27th. Erste Group Bank analyst S. Lingnau now forecasts that the mining company will post earnings of $5.04 per share for the year, down from their previous estimate of $5.14. The consensus estimate for BHP Group’s current full-year earnings is $5.12 per share.

Other research analysts have also issued research reports about the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. Wall Street Zen upgraded shares of BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Bank of America reduced their price objective on shares of BHP Group from $93.00 to $91.00 and set a “neutral” rating for the company in a report on Monday, June 22nd. The Goldman Sachs Group upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 17th. Finally, Berenberg Bank raised shares of BHP Group from a “sell” rating to a “hold” rating in a research note on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $78.00.

BHP Group Price Performance

BHP opened at $83.09 on Thursday. BHP Group has a 12 month low of $49.68 and a 12 month high of $93.83. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. The stock’s 50 day moving average price is $84.86 and its 200 day moving average price is $78.18.

Institutional Investors Weigh In On BHP Group

A number of institutional investors and hedge funds have recently bought and sold shares of BHP. AQR Capital Management LLC lifted its stake in BHP Group by 230.0% during the first quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company’s stock valued at $1,546,000 after purchasing an additional 22,201 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of BHP Group by 20.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company’s stock valued at $660,000 after buying an additional 2,331 shares in the last quarter. Invesco Ltd. lifted its position in shares of BHP Group by 99.6% during the 2nd quarter. Invesco Ltd. now owns 12,506 shares of the mining company’s stock valued at $601,000 after acquiring an additional 6,241 shares during the last quarter. EverSource Wealth Advisors LLC boosted its stake in shares of BHP Group by 173.7% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company’s stock worth $182,000 after acquiring an additional 2,395 shares in the last quarter. Finally, Guggenheim Capital LLC boosted its stake in shares of BHP Group by 13.0% during the 2nd quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company’s stock worth $803,000 after acquiring an additional 1,917 shares in the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

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.