BHP Group (NYSE:BHP) Stock Rating Lowered by Wall Street Zen

BHP Group (NYSE:BHP) was downgraded by Wall Street Zen from a “buy” rating to a “hold” rating in a report issued on Saturday.

Other analysts have also recently issued reports about the company. Argus set a $95.00 price target on BHP Group in a report on Monday, April 27th. Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a report on Friday, July 17th. Zacks Research lowered shares of BHP Group from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BHP Group in a research report on Thursday, July 2nd. Finally, 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. One equities 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 stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $78.00.

BHP Group Price Performance

BHP Group stock opened at $84.50 on Friday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. BHP Group has a 12 month low of $49.68 and a 12 month high of $93.83. The stock has a 50-day moving average price of $84.87 and a two-hundred day moving average price of $78.50.

Hedge Funds Weigh In On BHP Group

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Bayban bought a new stake in BHP Group in the fourth quarter valued at approximately $25,000. Hilton Head Capital Partners LLC bought a new position in BHP Group during the 4th quarter worth approximately $26,000. Garton & Associates Financial Advisors LLC acquired a new position in shares of BHP Group in the 4th quarter worth approximately $26,000. Sound Income Strategies LLC lifted its position in shares of BHP Group by 222.1% in the 4th quarter. Sound Income Strategies LLC now owns 422 shares of the mining company’s stock worth $27,000 after purchasing an additional 291 shares during the period. Finally, Whipplewood Advisors LLC boosted its stake in shares of BHP Group by 8,320.0% in 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 during the last quarter. 3.79% of the stock is owned by institutional investors and hedge funds.

BHP Group News Summary

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

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.