BlueCrest Capital Management Ltd Takes $699,000 Position in BHP Group Limited Sponsored ADR $BHP

BlueCrest Capital Management Ltd bought a new position in shares of BHP Group Limited Sponsored ADR (NYSE:BHP) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 12,541 shares of the mining company’s stock, valued at approximately $699,000.

Several other large investors also recently bought and sold shares of the stock. Avantax Advisory Services Inc. boosted its stake in shares of BHP Group by 12.1% in the 2nd quarter. Avantax Advisory Services Inc. now owns 143,182 shares of the mining company’s stock valued at $6,886,000 after buying an additional 15,398 shares during the period. Vanguard Personalized Indexing Management LLC increased its stake in shares of BHP Group by 24.4% during the third quarter. Vanguard Personalized Indexing Management LLC now owns 113,979 shares of the mining company’s stock worth $6,356,000 after buying an additional 22,388 shares during the period. Fisher Asset Management LLC increased its stake in shares of BHP Group by 1.3% during the third quarter. Fisher Asset Management LLC now owns 23,149,649 shares of the mining company’s stock worth $1,290,593,000 after buying an additional 307,397 shares during the period. Rockefeller Capital Management L.P. raised its holdings in BHP Group by 5.4% in the second quarter. Rockefeller Capital Management L.P. now owns 301,443 shares of the mining company’s stock valued at $14,496,000 after acquiring an additional 15,326 shares in the last quarter. Finally, Paradigm Asset Management Co. LLC purchased a new position in BHP Group in the third quarter worth approximately $1,345,000. Hedge funds and other institutional investors own 3.79% of the company’s stock.

Key Stories Impacting BHP Group

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 Trading Down 2.8%

Shares of BHP stock opened at $68.77 on Friday. The stock’s 50-day moving average price is $71.18 and its 200 day moving average price is $61.51. The company has a debt-to-equity ratio of 0.44, a quick ratio of 1.28 and a current ratio of 1.65. BHP Group Limited Sponsored ADR has a 52-week low of $39.73 and a 52-week high of $83.21.

BHP Group Announces Dividend

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

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a research report on Wednesday, February 18th. Sanford C. Bernstein lowered their target price on shares of BHP Group from $49.50 to $48.00 and set a “market perform” rating for the company in a research note on Monday, March 9th. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research note on Saturday, February 21st. Zacks Research raised BHP Group from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, December 9th. Finally, Citigroup reissued a “neutral” rating on shares of BHP Group in a research report on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $53.33.

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.