Erste Group Bank Forecasts Reduced Earnings for BHP Group

BHP Group Limited Sponsored ADR (NYSE:BHP) – Analysts at Erste Group Bank lowered their FY2026 earnings per share estimates for BHP Group in a research report issued to clients and investors on Wednesday, July 15th. Erste Group Bank analyst S. Lingnau now expects that the mining company will earn $5.14 per share for the year, down from their prior estimate of $5.16. The consensus estimate for BHP Group’s current full-year earnings is $5.08 per share. Erste Group Bank also issued estimates for BHP Group’s FY2027 earnings at $5.18 EPS.

Other analysts have also issued research reports about the company. 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. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of BHP Group in a research note on Thursday, July 2nd. Berenberg Bank upgraded shares of BHP Group from a “sell” rating to a “hold” rating in a report on Thursday, April 2nd. DZ Bank raised shares of BHP Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of BHP Group in a report on Friday. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, BHP Group has a consensus rating of “Moderate Buy” and an average target price of $69.50.

BHP Group Price Performance

Shares of BHP stock opened at $83.49 on Monday. The stock has a 50 day moving average price of $85.08 and a 200 day moving average price of $77.29. BHP Group has a 52-week low of $49.68 and a 52-week high of $93.83. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of BHP. Main Street Research LLC bought a new stake in shares of BHP Group in the first quarter valued at about $37,767,000. Abbington Investment Group lifted its stake in BHP Group by 45.6% in the fourth quarter. Abbington Investment Group now owns 69,288 shares of the mining company’s stock worth $4,183,000 after acquiring an additional 21,700 shares during the period. Ferguson Wellman Capital Management Inc. bought a new position in BHP Group during the 1st quarter worth about $18,591,000. SG Americas Securities LLC grew its holdings in BHP Group by 442.2% during the 4th quarter. SG Americas Securities LLC now owns 143,065 shares of the mining company’s stock worth $8,637,000 after acquiring an additional 116,681 shares in the last quarter. Finally, Shrier Wealth Management LLC purchased a new position in BHP Group during the 4th quarter valued at about $2,630,000. 3.79% of the stock is currently owned by hedge funds and other institutional investors.

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.