BHP Group FY2026 EPS Estimate Decreased by Erste Group Bank

BHP Group Limited Sponsored ADR (NYSE:BHP) – Erste Group Bank cut their FY2026 earnings per share (EPS) estimates for BHP Group in a research note issued to investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now forecasts that the mining company will post earnings of $5.14 per share for the year, down from their previous estimate of $5.16. The consensus estimate for BHP Group’s current full-year earnings is $5.08 per share. Erste Group Bank also issued estimates for BHP Group’s FY2027 earnings at $5.18 EPS.

A number of other research firms also recently issued reports on BHP. Bank of America dropped their target price on shares of BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a research report on Monday, June 22nd. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a report on Friday. The Goldman Sachs Group raised shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Argus set a $95.00 price objective on shares of BHP Group in a report on Monday, April 27th. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. Two investment analysts have 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 company presently has a consensus rating of “Moderate Buy” and an average target price of $69.50.

BHP Group Trading Down 0.1%

Shares of BHP stock opened at $80.52 on Monday. The firm has a 50 day moving average of $85.18 and a 200-day moving average of $77.13. The company has a quick ratio of 1.28, a current ratio of 1.65 and a debt-to-equity ratio of 0.44. BHP Group has a 52 week low of $49.68 and a 52 week high of $93.83.

Hedge Funds Weigh In On BHP Group

Institutional investors have recently modified their holdings of the company. Main Street Research LLC bought a new position in shares of BHP Group during the 1st quarter worth approximately $37,767,000. Abbington Investment Group boosted its stake in shares of BHP Group by 45.6% in the 4th quarter. Abbington Investment Group now owns 69,288 shares of the mining company’s stock worth $4,183,000 after buying an additional 21,700 shares during the last quarter. Ferguson Wellman Capital Management Inc. bought a new position in shares of BHP Group in the first quarter valued at approximately $18,591,000. SG Americas Securities LLC grew its holdings in shares of BHP Group by 442.2% in the fourth quarter. SG Americas Securities LLC now owns 143,065 shares of the mining company’s stock valued at $8,637,000 after acquiring an additional 116,681 shares in the last quarter. Finally, Shrier Wealth Management LLC purchased a new stake in shares of BHP Group during the fourth quarter valued at approximately $2,630,000. 3.79% of the stock is owned by institutional investors and hedge funds.

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.