Dimensional Fund Advisors LP Reduces Stock Position in BHP Group Limited Sponsored ADR $BHP

Key Points

• Dimensional Fund Advisors trimmed its BHP stake by 2.7% in Q3, selling 105,638 shares and holding 3,879,320 shares valued at about $216.3 million (≈0.15% of BHP).
• BHP shares fell after reports that China expanded restrictions on BHP iron‑ore imports, even as the company pursues strategic copper deals and saw unusually large bullish call‑option buying, indicating mixed near‑term headwinds and medium‑term tailwinds from copper.
• Analysts have a consensus rating of "Hold" with an average target of $56.00, and BHP recently announced a $1.46 dividend (record/ex‑dividend date March 6; payable March 26) while trading around $71.77.

Dimensional Fund Advisors LP trimmed its stake in shares of BHP Group Limited Sponsored ADR (NYSE:BHP - Free Report) by 2.7% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,879,320 shares of the mining company's stock after selling 105,638 shares during the period. Dimensional Fund Advisors LP owned approximately 0.15% of BHP Group worth $216,284,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Fisher Asset Management LLC grew its position in BHP Group by 1.9% in the 2nd quarter. Fisher Asset Management LLC now owns 22,842,252 shares of the mining company's stock worth $1,098,484,000 after purchasing an additional 429,330 shares during the period. Norges Bank bought a new position in shares of BHP Group during the 2nd quarter valued at $20,262,000. Ameriprise Financial Inc. lifted its holdings in shares of BHP Group by 119.3% during the 2nd quarter. Ameriprise Financial Inc. now owns 424,361 shares of the mining company's stock valued at $20,408,000 after buying an additional 230,848 shares during the period. American Century Companies Inc. boosted its stake in shares of BHP Group by 18.3% in the 3rd quarter. American Century Companies Inc. now owns 920,304 shares of the mining company's stock worth $51,307,000 after buying an additional 142,060 shares during the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of BHP Group by 48.2% in the second quarter. Franklin Resources Inc. now owns 383,043 shares of the mining company's stock worth $18,421,000 after acquiring an additional 124,625 shares during the period. Institutional investors own 3.79% of the company's stock.

Wall Street Analyst Weigh In

BHP has been the subject of several research analyst reports. Argus raised BHP Group from a "hold" rating to a "buy" rating and set a $68.00 price objective for the company in a report on Tuesday, December 30th. Citigroup reissued a "neutral" rating on shares of BHP Group in a research report on Tuesday, February 10th. Zacks Research upgraded BHP Group from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, December 9th. Deutsche Bank Aktiengesellschaft reaffirmed a "hold" rating on shares of BHP Group in a research report on Wednesday, February 18th. Finally, Weiss Ratings reiterated a "hold (c)" rating on shares of BHP Group in a research note on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and an average target price of $56.00.

BHP Group Stock Down 5.1%

BHP Group stock opened at $71.77 on Friday. BHP Group Limited Sponsored ADR has a 12-month low of $39.73 and a 12-month high of $83.21. The firm has a 50 day moving average of $70.06 and a 200 day moving average of $60.92. 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 Dividend Announcement

The company also recently disclosed a dividend, which will be paid on Thursday, March 26th. Stockholders of record on Friday, March 6th will be paid a $1.46 dividend. The ex-dividend date of this dividend is Friday, March 6th. This represents a dividend yield of 399.0%.

Key BHP Group News

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

• Positive Sentiment: BHP advancing strategic copper deals — BHP agreed to divest the San Manuel property in Arizona to Faraday Copper, part of moves to strengthen its copper supply chain and accelerate its pivot toward higher‑return, critical‑minerals assets. BHP Group Limited (BHP) Advances Strategic Deals to Strengthen Copper Supply Chain
• Positive Sentiment: Unusually large call‑option buying — traders purchased roughly 434,277 BHP call options on Thursday (an ~8,200% jump vs. normal daily call volume), a bullish signal that some market participants expect upside or are hedging directional exposure. (reported activity)
• Positive Sentiment: Sector tailwinds from rising copper — strong copper prices and a rally in peers (e.g., Freeport‑McMoRan) support BHP’s copper strategy, improving medium‑term revenue prospects if volumes and costs remain favorable. Freeport-McMoRan's Shares Pop 39% in 3 Months: How to Play the Stock?
• Neutral Sentiment: Management outreach and investor presentations — BHP presented at the BMO Global Metals, Mining & Critical Minerals conference, providing updates on strategy and capital allocation (helpful for investors but not an immediate catalyst). BHP Group Limited (BHP) Presents at 35th BMO Global Metals, Mining & Critical Minerals Conference - Slideshow
• Neutral Sentiment: Strategic reallocation away from coal — reports note BHP’s Australian coal mines are less competitive for capital, supporting the company’s pivot to copper/critical minerals; longer‑term positive for returns but creates transitional execution risk. BHP Says Australian Coal Mines Can’t Compete for Capital
• Negative Sentiment: China widens iron‑ore restrictions on BHP — multiple reports say China’s state iron‑ore buyer has expanded restrictions on BHP shipments and summoned traders, a direct negative for BHP’s iron‑ore revenues and the proximate driver of today’s share weakness. Market concern centers on lost Chinese throughput and weaker near‑term pricing for BHP volumes. China reportedly expands restrictions on iron ore imports from BHP

BHP Group 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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