Rep. Jonathan L. Jackson Buys BP p.l.c. (NYSE:BP) Stock

Key Points

• Representative Jonathan L. Jackson disclosed mid‑March purchases of BP shares in his "MORGAN STANLEY IRA," with filed amounts ranging from $1,001–$15,000 (Mar 20) and $15,001–$50,000 (Mar 19).
• BP recently beat quarterly EPS estimates and pays a $2.00 annual dividend (~4.4% yield); analysts are mostly positive (MarketBeat average "Moderate Buy," Morgan Stanley upgraded to overweight) but the stock faces governance scrutiny over a return to oil & gas that could heighten volatility.

Representative Jonathan L. Jackson (Democratic-Illinois) recently bought shares of BP p.l.c. NYSE: BP. In a filing disclosed on April 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in BP stock on March 20th. The trade occurred in the Representative's "MORGAN STANLEY IRA" account.

Representative Jonathan L. Jackson also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of O'Reilly Automotive NASDAQ: ORLY on 3/19/2026.
• Purchased $15,001 - $50,000 in shares of BP NYSE: BP on 3/19/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 3/9/2026.
• Purchased $50,001 - $100,000 in shares of BNY NYSE: BK on 2/17/2026.
• Sold $1,001 - $15,000 in shares of International Business Machines NYSE: IBM on 2/17/2026.
• Purchased $1,001 - $15,000 in shares of BNY NYSE: BK on 2/17/2026.
• Sold $50,001 - $100,000 in shares of International Business Machines NYSE: IBM on 2/17/2026.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 2/11/2026.
• Purchased $1,001 - $15,000 in shares of Welltower NYSE: WELL on 2/11/2026.
• Sold $1,001 - $15,000 in shares of Tenet Healthcare NYSE: THC on 2/11/2026.

BP Trading Down 0.4%

Shares of BP stock opened at $45.72 on Friday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.26 and a quick ratio of 0.98. BP p.l.c. has a 1 year low of $25.79 and a 1 year high of $48.27. The firm has a fifty day moving average price of $41.53 and a 200-day moving average price of $37.39. The company has a market cap of $119.88 billion, a price-to-earnings ratio of -4,567.23, a PEG ratio of 0.74 and a beta of 0.21.

BP (NYSE:BP - Get Free Report) last released its earnings results on Monday, February 9th. The oil and gas exploration company reported $0.60 earnings per share for the quarter, beating analysts' consensus estimates of $0.57 by $0.03. BP had a net margin of 0.03% and a return on equity of 9.68%. The company had revenue of $47.38 billion for the quarter, compared to analysts' expectations of $42.19 billion. During the same quarter in the previous year, the company earned $0.44 EPS. BP's revenue for the quarter was up 3.6% on a year-over-year basis. As a group, equities analysts predict that BP p.l.c. will post 3.53 earnings per share for the current year.

BP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Stockholders of record on Friday, February 20th were given a dividend of $0.4992 per share. The ex-dividend date of this dividend was Friday, February 20th. This represents a $2.00 dividend on an annualized basis and a dividend yield of 4.4%. BP's payout ratio is presently -19,800.00%.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Sound Shore Management Inc. CT bought a new position in BP during the 4th quarter valued at about $67,890,000. New York State Common Retirement Fund bought a new position in BP during the 4th quarter valued at about $17,768,000. Sagefield Capital LP grew its stake in BP by 125.2% in the 4th quarter. Sagefield Capital LP now owns 493,556 shares of the oil and gas exploration company's stock worth $17,141,000 after acquiring an additional 274,381 shares in the last quarter. Milford Funds Ltd. purchased a new position in shares of BP during the fourth quarter worth approximately $8,335,000. Finally, Baird Financial Group Inc. boosted its holdings in shares of BP by 206.0% in the second quarter. Baird Financial Group Inc. now owns 252,849 shares of the oil and gas exploration company's stock valued at $7,568,000 after purchasing an additional 170,221 shares during the period. Institutional investors own 11.01% of the company's stock.

Wall Street Analysts Forecast Growth

BP has been the topic of a number of analyst reports. Morgan Stanley upgraded shares of BP from an "equal weight" rating to an "overweight" rating and set a $49.40 target price on the stock in a research note on Tuesday, March 24th. HSBC upgraded shares of BP from a "reduce" rating to a "hold" rating and lifted their target price for the company from $35.10 to $45.30 in a research note on Friday, March 20th. Barclays restated an "overweight" rating on shares of BP in a research note on Friday, December 12th. Evercore set a $38.00 target price on shares of BP and gave the company an "in-line" rating in a research note on Tuesday, January 6th. Finally, Weiss Ratings upgraded shares of BP from a "sell (d+)" rating to a "hold (c-)" rating in a research note on Tuesday, March 24th. Four research analysts have rated the stock with a Strong Buy rating, six have assigned a Buy rating, nine have issued a Hold rating and three have issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $41.43.

BP News Summary

Here are the key news stories impacting BP this week:

• Positive Sentiment: Wells Fargo raised its price target to $54 (from $39) and kept an "equal weight" rating — signaling meaningful upside versus current levels and giving investors a fresh valuation-based reason to buy. Wells Fargo price target raise
• Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts (now $3.18 for FY26 and $3.42 for FY27), implying stronger forward earnings that support the stock’s longer-term case. Erste Group raises EPS estimates
• Positive Sentiment: Zacks added BP to its Rank #1 (Strong Buy) and listed it among "best value" picks — a short-term catalyst for retail/quant flows. Zacks Rank #1 listing
• Positive Sentiment: BP announced a new offshore gas discovery in Egypt’s Eastern Mediterranean — a tangible near-term resource positive that can underpin upstream value. BP gas discovery in Egypt
• Neutral Sentiment: News roundups and "stock movers" coverage mention BP among movers today but add little new fundamental information — useful for trade flow context rather than a directional catalyst. Bloomberg Stock Movers
• Negative Sentiment: Multiple reports highlight a growing investor revolt over BP’s shift back toward oil & gas and criticism of the board; the BP chairman is said to be fighting for survival — a governance risk that can pressure the share price and increase short-term volatility. BP chairman fight for survival
• Negative Sentiment: Investor groups (including UK pension fund representatives and LAPFF) are joining advisers recommending dissenting votes and pressing BP for proof the fossil-fuel pivot will boost shareholder returns — heightening governance scrutiny ahead of the shareholder meeting. WSJ: investors demand proof
• Negative Sentiment: Oil prices slumped after reports of a two-week Iran ceasefire and potential Strait of Hormuz traffic normalization, weighing on BP and peers and contributing to recent intraday weakness. Pressure on BP board / oil slump coverage

About Representative Jackson

Jonathan Jackson (Democratic Party) is a member of the U.S. House, representing Illinois' 1st Congressional District. He assumed office on January 3, 2023. His current term ends on January 3, 2027. Jackson (Democratic Party) is running for re-election to the U.S. House to represent Illinois' 1st Congressional District. He declared candidacy for the 2026 election. Jonathan Jackson was born in Chicago, Illinois. Jackson graduated from Whitney Young High School. He earned an M.B.A. from Northwestern University. Jackson's career experience includes working as an investment analyst and an entrepreneur.

BP Company Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world's largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company's core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.