Sanford C. Bernstein Cuts BHP Group (NYSE:BHP) Price Target to $48.00

BHP Group (NYSE:BHP) had its target price cut by Sanford C. Bernstein from $49.50 to $48.00 in a research report sent to investors on Monday,Benzinga reports. They currently have a market perform rating on the mining company’s stock.

Several other research firms also recently issued reports on BHP. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Citigroup reiterated a “neutral” rating on shares of BHP Group in a research note on Tuesday, February 10th. Argus raised shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a research report on Tuesday, December 30th. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a research note on Wednesday, January 21st. Finally, Wall Street Zen raised shares of BHP Group from a “hold” rating to a “buy” rating in a report on Saturday, February 21st. One analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $53.33.

BHP Group Stock Down 0.7%

BHP Group stock opened at $73.36 on Monday. The company has a current ratio of 1.65, a quick ratio of 1.28 and a debt-to-equity ratio of 0.44. The stock has a 50-day moving average of $70.83 and a two-hundred day moving average of $61.31. BHP Group has a one year low of $39.73 and a one year high of $83.21.

BHP Group Dividend Announcement

The company also recently announced a dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 6th will be issued a dividend of $1.46 per share. The ex-dividend date of this dividend is Friday, March 6th. This represents a dividend yield of 399.0%.

Hedge Funds Weigh In On BHP Group

Hedge funds and other institutional investors have recently bought and sold shares of the business. Bayban acquired a new stake in BHP Group during the 4th quarter valued at approximately $25,000. Hilton Head Capital Partners LLC acquired a new stake in shares of BHP Group in the fourth quarter worth $26,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of BHP Group during the fourth quarter worth $26,000. Sound Income Strategies LLC raised its holdings in shares of BHP Group by 222.1% during the fourth 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 last quarter. Finally, Caldwell Trust Co acquired a new position in BHP Group during the second quarter valued at $31,000. Institutional investors and hedge funds own 3.79% of the company’s stock.

BHP Group News Summary

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

• Positive Sentiment: BHP took part in a C$100M financing for Faraday Copper, giving it additional direct exposure to copper projects and battery‑metal supply chains — a strategic move that supports BHP’s long‑term metals mix. Faraday Copper Announces Closing of C$100 Million Offering with Participation by a Lundin Family Trust and BHP
• Positive Sentiment: Short interest in BHP dropped ~16.3% in late‑February, reducing potential short‑covering volatility and signaling less bearish positioning among traders (days‑to‑cover ~3.5). Data source: short interest release
• Neutral Sentiment: POSCO plans a large artificial graphite anode plant in Vietnam to serve battery markets — an industry supply development relevant to miners supplying battery metals, but not a direct BHP catalyst. POSCO Expands Global Battery Materials With Vietnam Facility
• Neutral Sentiment: Lundin Mining becoming a minority partner at Los Helados (Chile) shifts project partnership dynamics in the copper space — a sector development that indirectly affects copper supply expectations over time. NGEx Says Lundin Mining to be New Minority Partner in Los Helados Project in Chile
• Neutral Sentiment: Vale reported stronger 2025 output across iron ore, copper and nickel — this raises longer‑term supply considerations for base metals markets and is a factor investors will watch versus BHP’s growth plans. VALE Posts Strong 2025 Output: Can Expansion Drive Future Gains?
• Neutral Sentiment: Retail guidance pieces on dividend income from BHP highlight its yield appeal to income investors but are not material corporate events. How much do I need to invest in Woodside and BHP shares for $10,000 a year in passive income?
• Negative Sentiment: Sanford C. Bernstein lowered expectations for BHP’s stock price — an analyst downgrade that can pressure sentiment and trigger selling from funds tracking analyst views. Sanford C. Bernstein Has Lowered Expectations for BHP Group (NYSE:BHP) Stock Price
• Negative Sentiment: UBS flagged a large Chinese port iron‑ore inventory build (highest in >3 years), warning it could blunt the recent price recovery — a clear headwind for BHP given its iron‑ore exposure. Rio Tinto and BHP face iron ore inventory warning as prices recover from Chinese New Year lows
• Negative Sentiment: Coverage noting a roughly 13% weekly decline in BHP points to recent broad selling — likely a mix of commodity‑price moves, analyst revisions and positioning changes. Own BHP stock? Here’s why the miner is down 13% in a week

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.