BP (NYSE:BP) Shares 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 Performance

BP traded down $0.31 on Friday, hitting $34.33. 10,608,235 shares of the company traded hands, compared to its average volume of 8,280,859. The company has a 50 day moving average of $31.88 and a 200-day moving average of $31.22. The company has a quick ratio of 0.92, a current ratio of 1.21 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $90.55 billion, a PE ratio of 163.48, a PEG ratio of 1.81 and a beta of 0.57. BP p.l.c. has a 12-month low of $25.22 and a 12-month high of $35.54.

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

BP Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 19th. Shareholders of record on Friday, August 15th will be paid a dividend of $0.4942 per share. The ex-dividend date of this dividend is Friday, August 15th. This represents a $1.98 annualized dividend and a yield of 5.8%. This is a boost from BP's previous quarterly dividend of $0.48. BP's dividend payout ratio (DPR) is currently 904.76%.

Institutional Investors Weigh In On BP

A number of institutional investors have recently added to or reduced their stakes in BP. Geode Capital Management LLC grew its position in BP by 217.4% during the fourth quarter. Geode Capital Management LLC now owns 107,282 shares of the oil and gas exploration company's stock valued at $3,171,000 after acquiring an additional 73,478 shares during the period. Anchor Investment Management LLC boosted its position in shares of BP by 55.2% in the fourth quarter. Anchor Investment Management LLC now owns 4,841 shares of the oil and gas exploration company's stock worth $143,000 after buying an additional 1,721 shares during the period. Syon Capital LLC boosted its position in shares of BP by 38.9% in the fourth quarter. Syon Capital LLC now owns 21,476 shares of the oil and gas exploration company's stock worth $635,000 after buying an additional 6,019 shares during the period. Ameriprise Financial Inc. boosted its position in shares of BP by 4.3% in the fourth quarter. Ameriprise Financial Inc. now owns 940,786 shares of the oil and gas exploration company's stock worth $27,810,000 after buying an additional 38,759 shares during the period. Finally, Cary Street Partners Financial LLC purchased a new stake in shares of BP in the fourth quarter worth about $1,255,000. Hedge funds and other institutional investors own 11.01% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on BP. DZ Bank raised BP from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, August 6th. Scotiabank raised BP from a "sector perform" rating to a "sector outperform" rating and set a $42.00 price target for the company in a report on Thursday. Jefferies Financial Group set a $29.00 price target on BP and gave the company a "hold" rating in a report on Monday, May 19th. TD Cowen raised their price target on BP from $34.00 to $37.00 and gave the company a "hold" rating in a report on Wednesday, August 6th. Finally, Wells Fargo & Company raised their price target on BP from $27.00 to $32.00 and gave the company an "equal weight" rating in a report on Thursday, June 26th. One research analyst has rated the stock with a sell rating, eleven have issued a hold rating, two have assigned a buy rating and three have issued a strong buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Hold" and an average target price of $36.06.

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.

BP Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.