Brokers Offer Predictions for BHP Group FY2028 Earnings

BHP Group Limited Sponsored ADR (NYSE:BHP) – Analysts at Erste Group Bank issued their FY2028 EPS estimates for shares of BHP Group in a research note issued to investors on Thursday, August 27th. Erste Group Bank analyst S. Lingnau expects that the mining company will post earnings of $4.92 per share for the year. The consensus estimate for BHP Group’s current full-year earnings is $5.06 per share.

A number of other equities analysts have also commented on the company. DZ Bank upgraded BHP Group from a “strong sell” rating to a “hold” rating in a research note on Thursday, May 28th. Bank of America decreased their target price on BHP Group from $93.00 to $91.00 and set a “neutral” rating for the company in a research note on Monday, June 22nd. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of BHP Group in a research note on Thursday, July 2nd. Weiss Ratings raised BHP Group from a “hold (c)” rating to a “hold (c+)” rating in a report on Tuesday, August 18th. Finally, Citigroup reaffirmed a “neutral” rating on shares of BHP Group in a research report on Monday, June 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, BHP Group has a consensus rating of “Hold” and an average target price of $78.00.

BHP Group Stock Down 1.2%

BHP stock opened at $92.76 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 1.48 and a current ratio of 1.88. BHP Group has a 52-week low of $51.83 and a 52-week high of $98.71. The company has a 50-day moving average of $86.50 and a two-hundred day moving average of $82.05.

BHP Group Dividend Announcement

The business also recently declared a dividend, which will be paid on Wednesday, September 23rd. Shareholders of record on Friday, September 4th will be given a $1.98 dividend. This represents a yield of 404.0%. The ex-dividend date is Friday, September 4th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in BHP. HB Wealth Management LLC raised its position in shares of BHP Group by 46.5% during the second quarter. HB Wealth Management LLC now owns 11,772 shares of the mining company’s stock valued at $981,000 after buying an additional 3,738 shares during the last quarter. XY Capital Ltd bought a new stake in shares of BHP Group in the second quarter valued at about $3,453,000. MW Advisory LLC bought a new stake in shares of BHP Group in the second quarter valued at about $271,000. Plan A Wealth LLC grew its position in BHP Group by 2.1% during the second quarter. Plan A Wealth LLC now owns 10,541 shares of the mining company’s stock worth $878,000 after buying an additional 212 shares in the last quarter. Finally, Sapient Capital LLC grew its position in BHP Group by 8.7% during the second quarter. Sapient Capital LLC now owns 3,582 shares of the mining company’s stock worth $298,000 after buying an additional 287 shares in the last quarter. Institutional investors own 3.79% of the company’s stock.

More BHP Group News

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

• Positive Sentiment: Higher earnings expectations: Erste Group Bank raised its FY2027 EPS forecast for BHP to $5.12 from $5.04, above the broader consensus estimate of $5.05. The upgrade suggests analysts see improving earnings potential for the mining company. Erste Group Bank Weighs in on BHP Group FY2028 Earnings
• Positive Sentiment: Dividend appeal: Coverage highlighting BHP’s boosted dividend may support investor demand, particularly among income-oriented shareholders, although the benefit could be partly reflected in the share price ahead of the relevant dividend deadline. Want to bank the boosted BHP dividend? You’d better hurry!
• Neutral Sentiment: Analyst optimism versus valuation concerns: Recent commentary points to BHP’s substantial gains and continuing reasons to own the shares, while also questioning whether the rally can extend after the stock reached a record high. Up 56%! 3 reasons to still buy BHP shares today
• Negative Sentiment: Leadership transition: BHP’s chief commercial officer plans to step down in January, according to an internal memo. The departure could create some uncertainty around commercial strategy and leadership continuity, though it is not an immediate operational change. BHP’s chief commercial officer to step down in January, internal memo shows
• Negative Sentiment: Pullback risk: Articles noting the retreat from a record high point to profit-taking and heightened valuation sensitivity after BHP’s strong run. That technical pressure appears to be the main reason the shares are softer despite constructive earnings and dividend coverage. BHP shares are pulling back from a record high

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.