BHP GROUP LIMITED
In the published model solve dated 2026-Q2, anchored at $94.75, BHP GROUP LIMITED (BHP) is priced for +9.7% growth. boothcheck publishes no house fair value, target price, or buy/sell rating; individual model outputs and user-controlled scenarios are analytical inputs, not Boothcheck targets. The narrative was composed July 25, 2026 from SEC EDGAR filings.
• Copper has drawn level with iron ore: the FY2025 20-F puts copper revenue at 22,530 million dollars against iron ore's 22,919 million, after copper climbed from 18,566 million and iron ore fell from 27,952 million a year earlier. • The price does not require today's margins to last. It is consistent with the operating margin roughly halving over about a dozen years, to near 18.7% from something around 38% on the last reported full year. • Management has flagged its own biggest capital-allocati
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723 institutional managers reported holding BHP in 13F filings for the quarter ended 2026-03-31. Together they hold about 5% of the company; the top 10 hold 3%. 118 opened new positions that quarter. Held by Fisher Investments, Morgan Stanley, Goldman Sachs, among others. On the short side, 17.5M shares were sold short as of the 2026-06-15 count, about 0.7% of shares outstanding (5.5 days of typical volume to cover).
Quarterly 13F filings arrive up to 45 days after quarter end, so the picture is never current (filed through 2026-05-29). Nothing here is investment advice.
BHP has cut its share count 10.5% over the past five years. It pays a dividend, and has paid one every year in our records (10 and counting). Cash returned over the past three years: $17.30B in dividends.
Share counts are split-adjusted; repurchase totals are gross of share issuance. Nothing here is investment advice.
Model solve date: 2026-Q2
Narrative composed: July 25, 2026
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For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.