BHP stock is trading -6.28% below its average target price of $53.2 after dropping -1.9% during today's morning session. Analysts are giving the Large-Cap Thermal Coal company an average rating of buy and target prices ranging from $49.0 to $60.0 per share.
The stock has a very low short interest at 0.4%, and a short ratio of 4.78. At 0.03%, the company's rate of insider ownership does not indicate that management is heavily invested in the corporation. Finally, we also note that a very small number of institutional investors are invested in the stock, with 3.8% of BHP's shares being owned by this investor type.
Institutions Invested in BHP
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Fisher Asset Management, LLC | 1% | 22,225,134 | $1,108,145,194 |
| 2024-09-30 | Harding Loevner LLC | 0% | 8,838,948 | $440,709,952 |
| 2024-09-30 | Wellington Management Group, LLP | 0% | 5,603,624 | $279,396,696 |
| 2024-09-30 | Morgan Stanley | 0% | 4,870,609 | $242,848,567 |
| 2024-09-30 | Dimensional Fund Advisors LP | 0% | 4,149,138 | $206,876,023 |
| 2024-09-30 | Bank of America Corporation | 0% | 3,622,174 | $180,601,597 |
| 2024-09-30 | Goldman Sachs Group Inc | 0% | 3,438,612 | $171,449,196 |
| 2024-06-30 | Norges Bank Investment Management | 0% | 2,808,334 | $140,023,534 |
| 2024-12-31 | Blackrock Inc. | 0% | 2,435,802 | $121,449,089 |
| 2024-09-30 | Bank of Montreal /CAN/ | 0% | 1,495,933 | $74,587,220 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on BHP.
