Centiva Capital LP Makes New Investment in BHP Group Limited Sponsored ADR $BHP

Centiva Capital LP purchased a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 21,970 shares of the mining company’s stock, valued at approximately $1,225,000.

A number of other large investors have also made changes to their positions in the stock. Bank of America Corp DE boosted its holdings in BHP Group by 25.2% during the third quarter. Bank of America Corp DE now owns 3,465,421 shares of the mining company’s stock worth $193,197,000 after buying an additional 697,316 shares in the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in BHP Group during the third quarter worth about $27,234,000. Connor Clark & Lunn Investment Management Ltd. increased its holdings in BHP Group by 1,769.3% in the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 464,133 shares of the mining company’s stock valued at $25,875,000 after buying an additional 439,304 shares in the last quarter. Fisher Asset Management LLC lifted its position in shares of BHP Group by 1.9% during the 2nd quarter. Fisher Asset Management LLC now owns 22,842,252 shares of the mining company’s stock valued at $1,098,484,000 after acquiring an additional 429,330 shares during the period. Finally, Norges Bank acquired a new stake in shares of BHP Group during the 2nd quarter valued at approximately $20,262,000. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Wall Street Analyst Weigh In

BHP has been the topic of a number of research reports. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Tuesday, February 10th. Zacks Research raised BHP Group from a “hold” rating to a “strong-buy” rating in a report on Tuesday, December 9th. Argus raised BHP Group from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Tuesday, December 30th. Weiss Ratings restated a “hold (c)” rating on shares of BHP Group in a research report on Wednesday, January 21st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of BHP Group in a research note on Wednesday, February 18th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $53.33.

BHP Group News Summary

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

• Positive Sentiment: China has eased a ban on BHP iron ore shipments for one week after Chinese steel mills rushed to buy, which can relieve near-term pressure on BHP’s seaborne iron-ore sales and spot pricing. China Eases Ban on BHP Iron Ore After Steel Mills Rush to Buy
• Neutral Sentiment: A BHP subsidiary participated in a ~CA$100m private placement in Faraday Copper, signaling continued strategic exposure to copper (electrification/energy transition metal) but with limited immediate balance-sheet or earnings impact for BHP. Faraday Copper (TSX:FDY) Valuation After CA$100m Private Placement With BHP And Lundin Participation
• Neutral Sentiment: Metal Logic bought Pilbara land near rail corridors used by BHP and peers for low-carbon steel ambitions — a local development that may alter regional demand dynamics over time but has no immediate material effect on BHP’s operations. Metal Logic Purchases Pilbara Site to Deploy Grade-Agnostic, Scalable Modular Clean Steel Smelter
• Negative Sentiment: The China easing appears temporary (one-week window per reports), highlighting persistent policy and regulatory risk in China that can quickly reverse demand flows and pressure BHP’s iron-ore revenue and sentiment. China eases BHP iron ore ban for one week, sources say

BHP Group Stock Down 2.8%

Shares of BHP Group stock opened at $68.77 on Friday. BHP Group Limited Sponsored ADR has a 1 year low of $39.73 and a 1 year high of $83.21. 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 business has a 50 day moving average price of $71.18 and a 200 day moving average price of $61.51.

BHP Group Announces Dividend

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

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.