BP (NYSE:BP) Stock Acquired Rep. Lisa C. McClain

Key Points

• Representative Lisa C. McClain disclosed the purchase of shares in BP p.l.c. valued between $1,001 and $15,000 on June 24th, as per her filing on August 13th.
• BP recently announced an increase in its quarterly dividend to $0.4942 per share, reflecting an annualized yield of 5.8%, up from the previous $0.48.
• BP's stock traded at $34.33 on Friday, with a market capitalization of $90.55 billion and a reported earnings per share (EPS) of $0.90 for the recent quarter.

Representative Lisa C. McClain (R-Michigan) recently bought shares of BP p.l.c. NYSE: BP. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in BP stock on June 24th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

BP Stock Up 0.4%

Shares of NYSE:BP traded up $0.1350 during trading on Thursday, reaching $34.0150. 4,931,828 shares of the stock traded hands, compared to its average volume of 8,021,195. The stock has a 50-day moving average of $32.17 and a two-hundred day moving average of $31.30. BP p.l.c. has a 52-week low of $25.22 and a 52-week high of $35.54. The company has a debt-to-equity ratio of 0.68, a quick ratio of 0.92 and a current ratio of 1.21. The stock has a market cap of $89.72 billion, a P/E ratio of 161.98, a price-to-earnings-growth ratio of 1.78 and a beta of 0.57.

BP (NYSE:BP - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The oil and gas exploration company reported $0.90 EPS for the quarter, beating analysts' consensus estimates of $0.68 by $0.22. BP had a net margin of 0.29% and a return on equity of 9.08%. The firm had revenue of $46.63 billion for the quarter, compared to analysts' expectations of $42.88 billion. During the same quarter in the prior year, the company posted $1.00 earnings per share. The business's revenue for the quarter was down 1.4% on a year-over-year basis. As a group, sell-side analysts expect that BP p.l.c. will post 3.53 earnings per share for the current fiscal year.

BP Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, September 19th. Stockholders of record on Friday, August 15th will be issued a dividend of $0.4942 per share. The ex-dividend date is Friday, August 15th. This is a positive change from BP's previous quarterly dividend of $0.48. This represents a $1.98 dividend on an annualized basis and a dividend yield of 5.8%. BP's dividend payout ratio is currently 942.86%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the stock. Scotiabank upgraded shares of BP from a "sector perform" rating to a "sector outperform" rating and set a $42.00 price target on the stock in a report on Thursday, August 14th. Wells Fargo & Company raised their target price on shares of BP from $27.00 to $32.00 and gave the stock an "equal weight" rating in a report on Thursday, June 26th. Morgan Stanley cut shares of BP from an "equal weight" rating to an "underweight" rating and set a $26.50 target price on the stock. in a report on Monday, May 12th. Jefferies Financial Group set a $29.00 target price on shares of BP and gave the stock a "hold" rating in a report on Monday, May 19th. Finally, Berenberg Bank upgraded shares of BP from a "hold" rating to a "strong-buy" rating in a report on Thursday, August 7th. Three equities research analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $41.77.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Sunbelt Securities Inc. boosted its stake in shares of BP by 3.3% during the 4th quarter. Sunbelt Securities Inc. now owns 11,839 shares of the oil and gas exploration company's stock worth $344,000 after acquiring an additional 380 shares during the last quarter. Parallel Advisors LLC boosted its stake in shares of BP by 1.3% during the 1st quarter. Parallel Advisors LLC now owns 31,943 shares of the oil and gas exploration company's stock worth $1,079,000 after acquiring an additional 397 shares during the last quarter. IHT Wealth Management LLC boosted its stake in shares of BP by 3.3% during the 2nd quarter. IHT Wealth Management LLC now owns 12,513 shares of the oil and gas exploration company's stock worth $375,000 after acquiring an additional 398 shares during the last quarter. NBT Bank N A NY boosted its stake in shares of BP by 4.9% during the 1st quarter. NBT Bank N A NY now owns 8,558 shares of the oil and gas exploration company's stock worth $289,000 after acquiring an additional 399 shares during the last quarter. Finally, Great Lakes Advisors LLC boosted its stake in shares of BP by 6.0% during the 1st quarter. Great Lakes Advisors LLC now owns 8,022 shares of the oil and gas exploration company's stock worth $271,000 after acquiring an additional 451 shares during the last quarter. Hedge funds and other institutional investors own 11.01% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

About BP

BP p.l.c. provides carbon products and services. The company operates through Gas & Low Carbon Energy, Oil Production & Operations, and Customers & Products segments. It engages in the production of natural gas, and integrated gas and power; trading of gas; operation of onshore and offshore wind power, as well as hydrogen and carbon capture and storage facilities; trading and marketing of renewable and non-renewable power; and production of crude oil.