Guardian Partners Inc. raised its holdings in shares of BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report) by 12.3% in the third quarter, Holdings Channel.com reports. The firm owned 108,222 shares of the mining company’s stock after purchasing an additional 11,815 shares during the period. Guardian Partners Inc.’s holdings in BHP Group were worth $6,033,000 as of its most recent SEC filing.
Several other large investors have also recently made changes to their positions in BHP. Caldwell Trust Co bought a new stake in shares of BHP Group in the 2nd quarter worth approximately $31,000. Salomon & Ludwin LLC increased its position in BHP Group by 3,040.9% during the 3rd quarter. Salomon & Ludwin LLC now owns 691 shares of the mining company’s stock valued at $38,000 after buying an additional 669 shares in the last quarter. JFS Wealth Advisors LLC increased its position in BHP Group by 68.9% during the 3rd quarter. JFS Wealth Advisors LLC now owns 696 shares of the mining company’s stock valued at $39,000 after buying an additional 284 shares in the last quarter. Ameriflex Group Inc. raised its stake in BHP Group by 100.0% during the third quarter. Ameriflex Group Inc. now owns 718 shares of the mining company’s stock valued at $40,000 after buying an additional 359 shares during the last quarter. Finally, True Wealth Design LLC raised its stake in BHP Group by 229.7% during the third quarter. True Wealth Design LLC now owns 755 shares of the mining company’s stock valued at $42,000 after buying an additional 526 shares during the last quarter. 3.79% of the stock is currently owned by hedge funds and other institutional investors.
Key BHP Group News
Here are the key news stories impacting BHP Group this week:
- Positive Sentiment: BHP advancing strategic copper deals — BHP agreed to divest the San Manuel property in Arizona to Faraday Copper, part of moves to strengthen its copper supply chain and accelerate its pivot toward higher‑return, critical‑minerals assets. BHP Group Limited (BHP) Advances Strategic Deals to Strengthen Copper Supply Chain
- Positive Sentiment: Unusually large call‑option buying — traders purchased roughly 434,277 BHP call options on Thursday (an ~8,200% jump vs. normal daily call volume), a bullish signal that some market participants expect upside or are hedging directional exposure. (reported activity)
- Positive Sentiment: Sector tailwinds from rising copper — strong copper prices and a rally in peers (e.g., Freeport‑McMoRan) support BHP’s copper strategy, improving medium‑term revenue prospects if volumes and costs remain favorable. Freeport-McMoRan’s Shares Pop 39% in 3 Months: How to Play the Stock?
- Neutral Sentiment: Management outreach and investor presentations — BHP presented at the BMO Global Metals, Mining & Critical Minerals conference, providing updates on strategy and capital allocation (helpful for investors but not an immediate catalyst). BHP Group Limited (BHP) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference – Slideshow
- Neutral Sentiment: Strategic reallocation away from coal — reports note BHP’s Australian coal mines are less competitive for capital, supporting the company’s pivot to copper/critical minerals; longer‑term positive for returns but creates transitional execution risk. BHP Says Australian Coal Mines Can’t Compete for Capital
- Negative Sentiment: China widens iron‑ore restrictions on BHP — multiple reports say China’s state iron‑ore buyer has expanded restrictions on BHP shipments and summoned traders, a direct negative for BHP’s iron‑ore revenues and the proximate driver of today’s share weakness. Market concern centers on lost Chinese throughput and weaker near‑term pricing for BHP volumes. China reportedly expands restrictions on iron ore imports from BHP
BHP Group Price Performance
BHP Group Dividend Announcement
The firm also recently disclosed a dividend, which will be paid on Thursday, March 26th. Investors of record on Friday, March 6th will be given 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%.
Wall Street Analysts Forecast Growth
A number of equities research analysts have recently commented on BHP shares. Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of BHP Group in a research note on Wednesday, February 18th. Argus upgraded shares of BHP Group from a “hold” rating to a “buy” rating and set a $68.00 price target on the stock in a research note on Tuesday, December 30th. Wall Street Zen raised shares of BHP Group from a “hold” rating to a “buy” rating in a research report on Saturday, February 21st. Zacks Research upgraded shares of BHP Group from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, December 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of BHP Group in a report on Wednesday, January 21st. One research 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 assigned a Sell rating to the company. According to MarketBeat.com, BHP Group currently has a consensus rating of “Hold” and an average price target of $56.00.
Read Our Latest Stock Report on BHP Group
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.
See Also
- Five stocks we like better than BHP Group
- “I just bought 10,000 shares of a $5 stock…”
- How JPMorgan’s $8,000 Gold Call Will Leave Most Retirement Accounts Behind
- Silver Is the New Oil—And the World’s Running Dry
- Nvidia CEO Issues Bold Tesla Call
- What central banks are doing with gold right now
Want to see what other hedge funds are holding BHP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for BHP Group Limited Sponsored ADR (NYSE:BHP – Free Report).
Receive News & Ratings for BHP Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BHP Group and related companies with MarketBeat.com's FREE daily email newsletter.
