Rep. Bruce Westerman Purchases BHP Group Limited (NYSE:BHP) Shares

Representative Bruce Westerman (R-Arkansas) recently bought shares of BHP Group Limited NYSE: BHP. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in BHP Group stock on March 3rd. The trade occurred in the Representative's "FISHER IRA" account.

Representative Bruce Westerman also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of LVMH Moët Hennessy - Louis Vuitton, Société Européenne OTCMKTS: LVMUY on 4/2/2025.
• Purchased $1,001 - $15,000 in shares of Sony Group NYSE: SONY on 3/24/2025.
• Purchased $1,001 - $15,000 in shares of Mitsubishi UFJ Financial Group NYSE: MUFG on 3/21/2025.
• Purchased $1,001 - $15,000 in shares of BP NYSE: BP on 3/21/2025.
• Sold $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Medtronic NYSE: MDT on 3/20/2025.
• Purchased $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Visa NYSE: V on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 3/20/2025.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 3/20/2025.

BHP Group Stock Up 2.2 %

BHP stock traded up $1.03 during mid-day trading on Wednesday, hitting $48.68. 2,217,526 shares of the company were exchanged, compared to its average volume of 2,526,225. The company has a current ratio of 1.70, a quick ratio of 1.25 and a debt-to-equity ratio of 0.40. BHP Group Limited has a twelve month low of $39.73 and a twelve month high of $63.21. The firm has a fifty day simple moving average of $48.24 and a 200 day simple moving average of $50.92. The company has a market capitalization of $123.44 billion, a PE ratio of 11.06 and a beta of 0.85.

BHP Group Cuts Dividend

The firm also recently disclosed a semi-annual dividend, which was paid on Thursday, March 27th. Shareholders of record on Friday, March 7th were issued a dividend of $1.00 per share. The ex-dividend date of this dividend was Friday, March 7th. This represents a yield of 4.8%. BHP Group's dividend payout ratio is presently 44.77%.

Institutional Investors Weigh In On BHP Group

Hedge funds have recently modified their holdings of the business. Fisher Asset Management LLC lifted its stake in shares of BHP Group by 1.3% in the fourth quarter. Fisher Asset Management LLC now owns 22,225,134 shares of the mining company's stock valued at $1,085,253,000 after buying an additional 280,258 shares during the period. Northern Trust Corp increased its position in shares of BHP Group by 58.5% during the fourth quarter. Northern Trust Corp now owns 2,294,562 shares of the mining company's stock valued at $112,043,000 after purchasing an additional 846,963 shares during the period. Marshall Wace LLP raised its stake in shares of BHP Group by 16.9% in the fourth quarter. Marshall Wace LLP now owns 710,003 shares of the mining company's stock valued at $34,669,000 after purchasing an additional 102,433 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in BHP Group by 1,898.9% during the fourth quarter. Balyasny Asset Management L.P. now owns 707,405 shares of the mining company's stock worth $34,543,000 after buying an additional 672,016 shares in the last quarter. Finally, American Century Companies Inc. increased its holdings in BHP Group by 9.7% in the 4th quarter. American Century Companies Inc. now owns 642,756 shares of the mining company's stock valued at $31,386,000 after buying an additional 57,097 shares during the period. 3.79% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently commented on BHP. StockNews.com lowered BHP Group from a "strong-buy" rating to a "buy" rating in a report on Wednesday, February 19th. Jefferies Financial Group reduced their target price on BHP Group from $57.00 to $53.00 and set a "hold" rating for the company in a report on Monday, January 6th. Finally, Clarkson Capital upgraded shares of BHP Group to a "strong-buy" rating in a report on Friday, February 28th. Two analysts have rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Buy" and a consensus target price of $53.00.

About Representative Westerman

Bruce Westerman (Republican Party) is a member of the U.S. House, representing Arkansas' 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027. Westerman (Republican Party) is running for re-election to the U.S. House to represent Arkansas' 4th Congressional District. He declared candidacy for the 2026 election. Westerman earned his BSBAGE in biological and agricultural engineering from the University of Arkansas in 1990 and his MF in forestry from Yale University in 2001. His professional experience includes working as a plant engineer for Riceland Foods and an engineer/forester for Mid-South Engineering Company.

About BHP Group

BHP Group Limited operates as a resources company in Australia, Europe, China, Japan, India, South Korea, the rest of Asia, North America, South America, and internationally. The company operates through Copper, Iron Ore, and Coal segments. It engages in the mining of copper, uranium, gold, zinc, lead, molybdenum, silver, iron ore, cobalt, and metallurgical and energy coal.