Latest news with #BHPGroupLimited
Dubai Eye
4 days ago
- Business
- Dubai Eye
Trump announces 50% tariff on copper effective August 1
US President Donald Trump announced on Wednesday a 50 per cent tariff on copper to start on August 1 in a bid to promote domestic development of an industry critical to defence, electronics and automobiles. The move marks the latest in a series of sector-specific tariffs Trump has imposed on industries such as steel and aluminium, which economists warn will increase costs for American consumers. Trump indicated on Tuesday that he was introducing new tariffs on copper, sending US Comex copper futures to record highs. The announcement came just hours after he also informed Brazil that its "reciprocal" tariff would rise from 10 per cent to 50 per cent on August 1, following a diplomatic spat earlier in the week with his Brazilian counterpart, who had described him as an unwelcome "emperor." Brazil's President Luiz Inácio Lula da Silva responded on Wednesday, stating that any new tariffs would be met with reciprocal measures. The White House launched a Section 232 investigation into copper imports in February, citing legislation that allows the president to impose higher tariffs on national security grounds. Trump said on Wednesday that he had received a "robust" national security assessment which concluded that tariffs were necessary to protect domestic production of a material critical to a wide range of industries. 'Copper is essential for semiconductors, aircraft, ships, ammunition, data centres, lithium-ion batteries, radar systems, missile defence systems and even hypersonic weapons, of which we are building many,' Trump stated in a post on his platform, Truth Social. The US relies on imports for nearly half of its refined copper supply and imported 810,000 metric tonnes in 2024, according to the US Geological Survey. Countries likely to be most affected by the new tariff include Chile, Canada and Mexico - the top suppliers of refined copper, copper alloys and related products to the US in 2024, according to US Census Bureau data. Chile, Canada and Peru have informed the US administration that their exports pose no threat to American interests and should be exempt from the tariffs. All three nations have free trade agreements with the US. The steep tariff is intended to encourage greater domestic production. More than two-thirds of US copper is mined in Arizona, where the development of a major new mine proposed by Rio Tinto Group and BHP Group Limited has been stalled for over a decade.
ARN News Center
4 days ago
- Business
- ARN News Center
Trump announces 50% tariff on copper effective August 1
US President Donald Trump announced on Wednesday a 50 per cent tariff on copper to start on August 1 in a bid to promote domestic development of an industry critical to defence, electronics and automobiles. The move marks the latest in a series of sector-specific tariffs Trump has imposed on industries such as steel and aluminium, which economists warn will increase costs for American consumers. Trump indicated on Tuesday that he was introducing new tariffs on copper, sending US Comex copper futures to record highs. The announcement came just hours after he also informed Brazil that its "reciprocal" tariff would rise from 10 per cent to 50 per cent on August 1, following a diplomatic spat earlier in the week with his Brazilian counterpart, who had described him as an unwelcome "emperor." Brazil's President Luiz Inácio Lula da Silva responded on Wednesday, stating that any new tariffs would be met with reciprocal measures. The White House launched a Section 232 investigation into copper imports in February, citing legislation that allows the president to impose higher tariffs on national security grounds. Trump said on Wednesday that he had received a "robust" national security assessment which concluded that tariffs were necessary to protect domestic production of a material critical to a wide range of industries. 'Copper is essential for semiconductors, aircraft, ships, ammunition, data centres, lithium-ion batteries, radar systems, missile defence systems and even hypersonic weapons, of which we are building many,' Trump stated in a post on his platform, Truth Social. The US relies on imports for nearly half of its refined copper supply and imported 810,000 metric tonnes in 2024, according to the US Geological Survey. Countries likely to be most affected by the new tariff include Chile, Canada and Mexico - the top suppliers of refined copper, copper alloys and related products to the US in 2024, according to US Census Bureau data. Chile, Canada and Peru have informed the US administration that their exports pose no threat to American interests and should be exempt from the tariffs. All three nations have free trade agreements with the US. The steep tariff is intended to encourage greater domestic production. More than two-thirds of US copper is mined in Arizona, where the development of a major new mine proposed by Rio Tinto Group and BHP Group Limited has been stalled for over a decade.
Yahoo
10-06-2025
- Business
- Yahoo
BHP Group Limited (ASX:BHP) is favoured by institutional owners who hold 55% of the company
Significantly high institutional ownership implies BHP Group's stock price is sensitive to their trading actions A total of 25 investors have a majority stake in the company with 48% ownership Recent purchases by insiders Trump has pledged to "unleash" American oil and gas and these 15 US stocks have developments that are poised to benefit. Every investor in BHP Group Limited (ASX:BHP) should be aware of the most powerful shareholder groups. And the group that holds the biggest piece of the pie are institutions with 55% ownership. Put another way, the group faces the maximum upside potential (or downside risk). Since institutional have access to huge amounts of capital, their market moves tend to receive a lot of scrutiny by retail or individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. In the chart below, we zoom in on the different ownership groups of BHP Group. See our latest analysis for BHP Group Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. BHP Group already has institutions on the share registry. Indeed, they own a respectable stake in the company. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of BHP Group, (below). Of course, keep in mind that there are other factors to consider, too. Institutional investors own over 50% of the company, so together than can probably strongly influence board decisions. Hedge funds don't have many shares in BHP Group. The company's largest shareholder is State Street Global Advisors, Inc., with ownership of 7.1%. In comparison, the second and third largest shareholders hold about 6.0% and 5.7% of the stock. Our studies suggest that the top 25 shareholders collectively control less than half of the company's shares, meaning that the company's shares are widely disseminated and there is no dominant shareholder. Researching institutional ownership is a good way to gauge and filter a stock's expected performance. The same can be achieved by studying analyst sentiments. Quite a few analysts cover the stock, so you could look into forecast growth quite easily. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. The company management answer to the board and the latter should represent the interests of shareholders. Notably, sometimes top-level managers are on the board themselves. Most consider insider ownership a positive because it can indicate the board is well aligned with other shareholders. However, on some occasions too much power is concentrated within this group. Our most recent data indicates that insiders own less than 1% of BHP Group Limited. However, it's possible that insiders might have an indirect interest through a more complex structure. Being so large, we would not expect insiders to own a large proportion of the stock. Collectively, they own AU$60m of stock. In this sort of situation, it can be more interesting to see if those insiders have been buying or selling. The general public-- including retail investors -- own 40% stake in the company, and hence can't easily be ignored. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It's always worth thinking about the different groups who own shares in a company. But to understand BHP Group better, we need to consider many other factors. For example, we've discovered 2 warning signs for BHP Group (1 is significant!) that you should be aware of before investing here. But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
20-05-2025
- Business
- Yahoo
Those who invested in BHP Group (ASX:BHP) three years ago are up 10%
In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term BHP Group Limited (ASX:BHP) shareholders have had that experience, with the share price dropping 19% in three years, versus a market return of about 27%. With that in mind, it's worth seeing if the company's underlying fundamentals have been the driver of long term performance, or if there are some discrepancies. Our free stock report includes 2 warning signs investors should be aware of before investing in BHP Group. Read for free now. While the efficient markets hypothesis continues to be taught by some, it has been proven that markets are over-reactive dynamic systems, and investors are not always rational. One flawed but reasonable way to assess how sentiment around a company has changed is to compare the earnings per share (EPS) with the share price. During the three years that the share price fell, BHP Group's earnings per share (EPS) dropped by 11% each year. In comparison the 7% compound annual share price decline isn't as bad as the EPS drop-off. So the market may not be too worried about the EPS figure, at the moment -- or it may have previously priced some of the drop in. The company's earnings per share (over time) is depicted in the image below (click to see the exact numbers). It's probably worth noting we've seen significant insider buying in the last quarter, which we consider a positive. On the other hand, we think the revenue and earnings trends are much more meaningful measures of the business. This free interactive report on BHP Group's earnings, revenue and cash flow is a great place to start, if you want to investigate the stock further. When looking at investment returns, it is important to consider the difference between total shareholder return (TSR) and share price return. Whereas the share price return only reflects the change in the share price, the TSR includes the value of dividends (assuming they were reinvested) and the benefit of any discounted capital raising or spin-off. Arguably, the TSR gives a more comprehensive picture of the return generated by a stock. We note that for BHP Group the TSR over the last 3 years was 10%, which is better than the share price return mentioned above. The dividends paid by the company have thusly boosted the total shareholder return. While the broader market gained around 8.2% in the last year, BHP Group shareholders lost 12% (even including dividends). However, keep in mind that even the best stocks will sometimes underperform the market over a twelve month period. Longer term investors wouldn't be so upset, since they would have made 12%, each year, over five years. It could be that the recent sell-off is an opportunity, so it may be worth checking the fundamental data for signs of a long term growth trend. It's always interesting to track share price performance over the longer term. But to understand BHP Group better, we need to consider many other factors. Like risks, for instance. Every company has them, and we've spotted 2 warning signs for BHP Group (of which 1 is potentially serious!) you should know about. BHP Group is not the only stock insiders are buying. So take a peek at this free list of small cap companies at attractive valuations which insiders have been buying. Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on Australian exchanges. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
14-05-2025
- Business
- Yahoo
Jim Cramer Recommends This Dividend Stock With 5% Yield
We recently published a list of . In this article, we are going to take a look at where BHP Group Limited (NYSE:BHP) stands against other top buzzing stocks in May. The latest quarterly results from a couple of major technology companies have soothed concerns about AI demand that prevailed in the market following the launch of DeepSeek. Storm Uru, Manager at Liontrust Global Dividend Fund, said while talking to CNBC that the Satya Nadella-led tech giant's results were 'extraordinary.' '50% of that growth came from AI revenue, and that's an important marker for us going forward. Because after Deepseek about four months ago now, the debate really was around as digital intelligence gets smarter and as it gets cheaper, what is going to be the impact on demand. And what we found out last night was that demand is accelerating,' he said. David Grain, Founder & CEO of Grain Management, also believes AI demand could be strong amid a variety of factors. 'The advent of AI has created this explosion of demand for data centers and compute power, but the drivers of where it makes sense to actually build these data centers has a lot to do with the availability of reliable and high quantity of electricity. So I think there's definitely no slowdown in the demand side of the equation,' he said during an interview with CNBC. READ ALSO: 7 Best Stocks to Buy For Long-Term and 8 Cheap Jim Cramer Stocks to Invest In. For this article, we picked 10 stocks making moves these days. With each stock, we have mentioned the number of hedge fund investors. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here). Number of Hedge Fund Investors: 22 Jim Cramer was recently asked about mining company BHP Group Limited (NYSE:BHP). He said he likes the stock. 'I like BHP Broken Hill. I remember it was Broken Hill Properties—that's how old I am, holy cow. But I like the story. I like the yield. I think you've got a good situation going there.' Overall, BHP ranks 10th on our list of top buzzing stocks in May. While we acknowledge the potential of BHP, our conviction lies in the belief that under the radar AI stocks hold greater promise for delivering higher returns, and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than BHP but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
