Erste Group Bank Predicts Lower Earnings for BHP Group

Key Points

• Erste Group Bank slightly lowered its FY2026 EPS estimate for BHP Group to $5.02 from $5.04, indicating a modestly more cautious earnings outlook.
• The new estimate is still close to the consensus forecast of $5.00 per share, suggesting analysts are broadly aligned on BHP’s expected full-year profitability.
• Overall sentiment on the stock remains restrained: BHP carries a Hold-leaning consensus rating, with most analysts rating it Hold and an average target price of $62.33.

BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) - Analysts at Erste Group Bank reduced their FY2026 EPS estimates for shares of BHP Group in a research note issued to investors on Tuesday, May 5th. Erste Group Bank analyst S. Lingnau now expects that the mining company will post earnings of $5.02 per share for the year, down from their prior forecast of $5.04. The consensus estimate for BHP Group's current full-year earnings is $5.00 per share.

Other research analysts have also issued research reports about the stock. Weiss Ratings reissued a "hold (c)" rating on shares of BHP Group in a research report on Monday, April 20th. Citigroup reaffirmed a "neutral" rating on shares of BHP Group in a research report on Monday, April 13th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of BHP Group in a research report on Wednesday, February 18th. Sanford C. Bernstein cut their price objective on shares of BHP Group from $49.50 to $48.00 and set a "market perform" rating for the company in a research report on Monday, March 9th. Finally, Wall Street Zen raised shares of BHP Group from a "hold" rating to a "buy" rating in a research report on Saturday, February 21st. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $62.33.

BHP Group Trading Up 0.0%

BHP Group stock opened at $84.75 on Monday. The company has a debt-to-equity ratio of 0.44, a current ratio of 1.65 and a quick ratio of 1.28. BHP Group has a fifty-two week low of $45.74 and a fifty-two week high of $85.14. The firm has a fifty day moving average price of $75.42 and a two-hundred day moving average price of $66.82.

Institutional Trading of BHP Group

Several hedge funds have recently modified their holdings of BHP. AQR Capital Management LLC grew its stake in shares of BHP Group by 230.0% during the first quarter. AQR Capital Management LLC now owns 31,852 shares of the mining company's stock valued at $1,546,000 after purchasing an additional 22,201 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of BHP Group by 20.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 13,594 shares of the mining company's stock valued at $660,000 after purchasing an additional 2,331 shares during the last quarter. Invesco Ltd. grew its stake in shares of BHP Group by 99.6% during the second quarter. Invesco Ltd. now owns 12,506 shares of the mining company's stock valued at $601,000 after purchasing an additional 6,241 shares during the last quarter. EverSource Wealth Advisors LLC grew its stake in shares of BHP Group by 173.7% during the second quarter. EverSource Wealth Advisors LLC now owns 3,774 shares of the mining company's stock valued at $182,000 after purchasing an additional 2,395 shares during the last quarter. Finally, Guggenheim Capital LLC grew its stake in shares of BHP Group by 13.0% during the second quarter. Guggenheim Capital LLC now owns 16,692 shares of the mining company's stock valued at $803,000 after purchasing an additional 1,917 shares during the last quarter. 3.79% of the stock is owned by institutional investors.

BHP Group Announces Dividend

The company also recently disclosed a dividend, which was paid on Thursday, March 26th. Shareholders of record on Friday, March 6th were paid a dividend of $1.46 per share. This represents a yield of 399.0%. The ex-dividend date of this dividend was Friday, March 6th.

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.

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