BP (NYSE:BP) Shares Acquired Rep. Bruce Westerman

Representative Bruce Westerman (R-Arkansas) recently bought shares of BP p.l.c. NYSE: BP. In a filing disclosed on April 16th, the Representative disclosed that they had bought between $1,001 and $15,000 in BP 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.

BP Stock Up 2.3 %

NYSE:BP traded up $0.64 on Friday, hitting $28.30. 8,918,893 shares of the company's stock traded hands, compared to its average volume of 9,541,621. The firm has a 50-day moving average price of $31.90 and a 200-day moving average price of $30.93. The company has a current ratio of 1.25, a quick ratio of 0.97 and a debt-to-equity ratio of 0.70. The company has a market cap of $76.83 billion, a PE ratio of 353.78, a price-to-earnings-growth ratio of 1.12 and a beta of 0.41. BP p.l.c. has a 1 year low of $25.22 and a 1 year high of $39.73.

BP (NYSE:BP - Get Free Report) last released its quarterly earnings data on Tuesday, February 11th. The oil and gas exploration company reported $0.44 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.12). BP had a net margin of 0.20% and a return on equity of 10.96%. Equities analysts anticipate that BP p.l.c. will post 3.53 EPS for the current fiscal year.

BP Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, March 28th. Investors of record on Friday, February 21st were paid a $0.48 dividend. This represents a $1.92 annualized dividend and a yield of 6.78%. The ex-dividend date was Friday, February 21st. BP's dividend payout ratio is currently 2,375.00%.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Ameriprise Financial Inc. raised its holdings in BP by 4.3% during the 4th quarter. Ameriprise Financial Inc. now owns 940,786 shares of the oil and gas exploration company's stock worth $27,810,000 after purchasing an additional 38,759 shares during the last quarter. Wedge Capital Management L L P NC grew its stake in shares of BP by 2.2% during the fourth quarter. Wedge Capital Management L L P NC now owns 660,538 shares of the oil and gas exploration company's stock worth $19,526,000 after purchasing an additional 14,436 shares during the period. Bank of New York Mellon Corp lifted its stake in BP by 30.1% in the fourth quarter. Bank of New York Mellon Corp now owns 474,957 shares of the oil and gas exploration company's stock valued at $14,040,000 after buying an additional 110,019 shares during the period. Kornitzer Capital Management Inc. KS boosted its holdings in BP by 2.3% during the fourth quarter. Kornitzer Capital Management Inc. KS now owns 465,242 shares of the oil and gas exploration company's stock worth $13,753,000 after buying an additional 10,262 shares during the last quarter. Finally, Altrius Capital Management Inc increased its stake in shares of BP by 16.6% in the 4th quarter. Altrius Capital Management Inc now owns 272,527 shares of the oil and gas exploration company's stock valued at $8,056,000 after acquiring an additional 38,751 shares during the last quarter. Institutional investors and hedge funds own 11.01% of the company's stock.

Analyst Upgrades and Downgrades

BP has been the topic of several research reports. Morgan Stanley dropped their target price on BP from $34.70 to $31.80 and set an "equal weight" rating on the stock in a research report on Tuesday, January 7th. Scotiabank lowered their price target on BP from $34.00 to $30.00 and set a "sector perform" rating on the stock in a report on Friday, April 11th. Raymond James boosted their price target on shares of BP from $36.00 to $37.00 and gave the company an "outperform" rating in a report on Friday, January 17th. Wolfe Research set a $50.00 price objective on BP in a report on Tuesday, January 14th. Finally, StockNews.com lowered BP from a "buy" rating to a "hold" rating in a research note on Tuesday, January 28th. One investment analyst has rated the stock with a sell rating, sixteen have given a hold rating, two have issued a buy rating and three have assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Hold" and a consensus target price of $36.73.

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.

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.