BP p.l.c. $BP Shares Newly Acquired by Range Financial Group LLC

Range Financial Group LLC purchased a new position in shares of BP p.l.c. (NYSE:BP) during the third quarter, HoldingsChannel reports. The fund purchased 14,843 shares of the oil and gas exploration company’s stock, valued at approximately $653,000.

Several other hedge funds and other institutional investors have also bought and sold shares of BP. Alyeska Investment Group L.P. boosted its holdings in BP by 48.8% in the 2nd quarter. Alyeska Investment Group L.P. now owns 2,830,923 shares of the oil and gas exploration company’s stock valued at $104,603,000 after purchasing an additional 928,617 shares during the period. Van ECK Associates Corp grew its position in shares of BP by 290.2% during the 2nd quarter. Van ECK Associates Corp now owns 2,049,151 shares of the oil and gas exploration company’s stock worth $75,716,000 after purchasing an additional 1,524,048 shares in the last quarter. Russell Investments Group Ltd. raised its position in shares of BP by 15.8% in the second quarter. Russell Investments Group Ltd. now owns 1,410,714 shares of the oil and gas exploration company’s stock valued at $52,307,000 after buying an additional 192,211 shares in the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of BP in the first quarter valued at approximately $28,136,000. Finally, Kahn Brothers Group Inc. acquired a new stake in shares of BP in the second quarter valued at approximately $23,094,000. Institutional investors and hedge funds own 11.01% of the company’s stock.

BP Trading Down 0.1%

NYSE BP opened at $49.40 on Wednesday. The business’s fifty day moving average is $44.89 and its 200 day moving average is $43.64. BP p.l.c. has a twelve month low of $33.01 and a twelve month high of $50.27. The company has a market cap of $129.41 billion, a price-to-earnings ratio of 10.07, a price-to-earnings-growth ratio of 0.46 and a beta of 0.20. The company has a quick ratio of 0.95, a current ratio of 1.27 and a debt-to-equity ratio of 0.69.

BP (NYSE:BP) last released its quarterly earnings results on Monday, August 3rd. The oil and gas exploration company reported $2.22 earnings per share for the quarter, topping the consensus estimate of $1.87 by $0.35. BP had a return on equity of 16.63% and a net margin of 2.49%. The company had revenue of $69.11 billion for the quarter, compared to analysts’ expectations of $57.89 billion. During the same period in the previous year, the business posted $0.90 earnings per share. The business’s quarterly revenue was up 106.1% compared to the same quarter last year. As a group, sell-side analysts expect that BP p.l.c. will post 7.81 EPS for the current fiscal year.

BP Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, September 18th. Investors of record on Friday, August 14th were given a dividend of $0.5196 per share. The ex-dividend date was Friday, August 14th. This represents a $2.08 annualized dividend and a yield of 4.2%. This is a boost from BP’s previous quarterly dividend of $0.4992. BP’s dividend payout ratio is 100.49%.

Key Headlines Impacting BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: BP subsidiary BP Exploration & Production signed a memorandum of understanding with TechnipFMC to cooperate on 20,000-psi subsea production systems for BP’s Paleogene projects in the Gulf of America. The agreement could support future deepwater project execution and technology development, although it is not yet a firm revenue contract. TechnipFMC and bp Sign MoU for Supply of 20K Subsea Production Systems
• Positive Sentiment: BP’s updated third-quarter 2026 guidance provides more clarity on its operating mix, with reported upstream production expected at 2.19 million to 2.24 million barrels of oil equivalent per day. The revised outlook supports the near-term production story, particularly for oil operations. Updated Output Guidance Change The Bull Case For BP Stock
• Neutral Sentiment: Zacks commentary continues to highlight BP as attractive for value and momentum investors, including a “Strong Buy” ranking. These articles may support sentiment but are largely rating-based rather than new fundamental catalysts. Zacks Strong Buy Commentary
• Negative Sentiment: New reporting on a study finding a dramatic decline in Gulf of Mexico marine life years after BP’s oil spill renews environmental and reputational concerns. The coverage could revive investor worries about litigation, regulatory scrutiny, and potential long-term liabilities. Marine Life Decline After BP Oil Spill

Analyst Upgrades and Downgrades

A number of equities research analysts recently issued reports on the company. Freedom Capital raised BP from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. UBS Group lowered BP from a “buy” rating to a “hold” rating in a research note on Thursday, October 1st. Zacks Research raised BP from a “hold” rating to a “strong-buy” rating in a report on Tuesday, September 8th. DA Davidson set a $49.00 price objective on BP in a report on Tuesday. Finally, BTIG Research downgraded BP to a “neutral” rating in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.44.

BP Profile

BP p.l.c. is a global integrated energy company headquartered in London, United Kingdom. Its operations span the exploration, development and production of oil and natural gas, as well as the processing, refining, transportation and marketing of energy products.

Through its businesses, BP supplies fuels for road transportation, aviation and marine use, along with lubricants marketed under the Castrol brand. The company also operates retail fuel and convenience locations and provides energy products and services to commercial and industrial customers.

BP has expanded its activities beyond traditional hydrocarbons to include lower-carbon businesses such as renewable power, bioenergy, electric-vehicle charging and hydrogen.