Brokerages Set BHP Group Limited Sponsored ADR (NYSE:BHP) Target Price at $78.00

Shares of BHP Group Limited Sponsored ADR (NYSE:BHP) have been given an average recommendation of “Hold” by the ten ratings firms that are presently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold rating, two have given a buy rating and one has given a strong buy rating to the company. The average 12-month target price among analysts that have issued ratings on the stock in the last year is $78.00.

BHP has been the topic of a number of research analyst reports. Citigroup restated a “neutral” rating on shares of BHP Group in a report on Monday, June 8th. Argus set a $95.00 price objective on BHP Group in a report on Monday, April 27th. Wall Street Zen upgraded BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, June 27th. The Goldman Sachs Group raised BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 17th. Finally, Bank of America reduced their target price on BHP Group from $93.00 to $91.00 and set a “neutral” rating on the stock in a research note on Monday, June 22nd.

BHP Group News Roundup

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

• Positive Sentiment: Iron ore prices rose as traders assessed potential supply disruptions from BHP’s labor action. Higher iron ore prices can improve realized pricing and support BHP’s earnings outlook, although the benefit may be offset if strikes reduce export volumes. Iron Ore Climbs as Traders Weigh Supply Risks From BHP Strike
• Positive Sentiment: Reuters highlighted BHP’s ongoing transformation from an iron ore-heavy miner into a larger copper producer. The strategy could provide greater exposure to copper demand linked to electrification and energy infrastructure, potentially supporting BHP’s long-term valuation. Iron ore giants BHP and Rio are morphing into copper plays
• Neutral Sentiment: Discussion of the income available from a $100,000 investment in BHP shares keeps the company’s dividend appeal in focus. This may support interest from income-oriented investors, but it does not represent a new dividend announcement or a change in company fundamentals. How much passive income would $100,000 of BHP shares make?
• Negative Sentiment: Unionized iron ore workers at Port Hedland plan to strike on August 8–9, while reports describe the possibility of rolling strikes. Disruption at a key Australian export hub could delay shipments, raise costs and pressure BHP’s near-term production and earnings. BHP Port Hedland iron ore workers to strike August 8-9, union says
• Negative Sentiment: Erste Group Bank lowered its FY2026 earnings-per-share forecast to $5.04 from $5.14, below the roughly $5.12 consensus estimate. The reduction signals somewhat weaker expected profitability. BHP Group earnings estimate report
• Negative Sentiment: Unusually heavy put-option activity—30,346 contracts, about 788% above typical volume—indicates increased hedging or bearish speculation around BHP, though options flow alone does not confirm a change in the company’s outlook. BHP Group target of unusually large options trading

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Fisher Asset Management LLC lifted its position in shares of BHP Group by 1.1% in the 4th quarter. Fisher Asset Management LLC now owns 23,402,474 shares of the mining company’s stock worth $1,412,807,000 after purchasing an additional 252,825 shares during the period. Morgan Stanley boosted its stake in shares of BHP Group by 22.8% during the 4th quarter. Morgan Stanley now owns 13,800,183 shares of the mining company’s stock valued at $833,117,000 after purchasing an additional 2,562,747 shares in the last quarter. Bank of America Corp DE increased its position in shares of 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 valued at $193,197,000 after buying an additional 697,316 shares during the period. Northern Trust Corp increased its position in shares of BHP Group by 5.3% during the third quarter. Northern Trust Corp now owns 2,443,560 shares of the mining company’s stock valued at $136,228,000 after buying an additional 123,382 shares during the period. Finally, SIH Partners LLLP raised its stake in BHP Group by 937.5% in the third quarter. SIH Partners LLLP now owns 1,856,704 shares of the mining company’s stock worth $103,511,000 after buying an additional 1,677,739 shares in the last quarter. 3.79% of the stock is owned by hedge funds and other institutional investors.

BHP Group Stock Up 3.3%

Shares of NYSE:BHP opened at $85.82 on Tuesday. The company has a 50-day moving average price of $84.87 and a 200-day moving average price of $78.35. 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 12 month low of $49.68 and a 12 month high of $93.83.

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.