Vestor Capital LLC Lowers Stock Holdings in BP p.l.c. $BP

Vestor Capital LLC reduced its stake in BP p.l.c. (NYSE:BP) by 96.7% during the first quarter, Holdings Channel.com reports. The fund owned 2,229 shares of the oil and gas exploration company’s stock after selling 64,324 shares during the quarter. Vestor Capital LLC’s holdings in BP were worth $105,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. First Horizon Corp increased its holdings in shares of BP by 8.1% during the 4th quarter. First Horizon Corp now owns 3,933 shares of the oil and gas exploration company’s stock valued at $137,000 after purchasing an additional 296 shares in the last quarter. United Community Bank boosted its holdings in BP by 1.3% during the fourth quarter. United Community Bank now owns 29,456 shares of the oil and gas exploration company’s stock worth $1,023,000 after buying an additional 370 shares in the last quarter. Brown Brothers Harriman & Co. grew its position in BP by 7.0% during the third quarter. Brown Brothers Harriman & Co. now owns 5,738 shares of the oil and gas exploration company’s stock valued at $198,000 after buying an additional 374 shares during the period. IHT Wealth Management LLC increased its holdings in BP by 3.3% in the second quarter. IHT Wealth Management LLC now owns 12,513 shares of the oil and gas exploration company’s stock valued at $375,000 after buying an additional 398 shares in the last quarter. Finally, Sound Income Strategies LLC raised its position in shares of BP by 9.0% in the fourth quarter. Sound Income Strategies LLC now owns 5,566 shares of the oil and gas exploration company’s stock worth $197,000 after acquiring an additional 461 shares during the period. Institutional investors own 11.01% of the company’s stock.

BP Stock Up 2.0%

BP stock opened at $45.12 on Friday. BP p.l.c. has a 52 week low of $31.58 and a 52 week high of $48.27. The company has a quick ratio of 0.87, a current ratio of 1.22 and a debt-to-equity ratio of 0.68. The firm has a 50-day simple moving average of $41.09 and a 200-day simple moving average of $41.64. The stock has a market capitalization of $118.19 billion, a P/E ratio of 37.60, a P/E/G ratio of 0.74 and a beta of 0.17.

BP (NYSE:BP) last issued its quarterly earnings results on Tuesday, April 28th. The oil and gas exploration company reported $1.24 earnings per share for the quarter, beating analysts’ consensus estimates of $1.00 by $0.24. BP had a net margin of 1.62% and a return on equity of 12.06%. The firm had revenue of $52.26 billion for the quarter, compared to analyst estimates of $48.50 billion. During the same period last year, the company posted $0.53 EPS. BP’s quarterly revenue was up 11.4% compared to the same quarter last year. Equities analysts forecast that BP p.l.c. will post 5.76 earnings per share for the current fiscal year.

Key Headlines Impacting BP

Here are the key news stories impacting BP this week:

• Positive Sentiment: North Sea sale could improve capital allocation: BP has launched a process to sell its UK North Sea oil and gas business, potentially ending nearly 60 years of production in the basin. Management believes the assets would be better positioned under another owner, while proceeds could support debt reduction and investment in more profitable international projects. BP Puts Its North Sea Oil Business Up for Sale
• Positive Sentiment: Restructuring should lower costs: BP is reportedly cutting about 700 upstream positions globally, or roughly 8% of non-field staff, as part of its simplification and profitability drive. Lower overhead could support cash flow and earnings if execution is successful. BP Cuts 700 Jobs Globally in Upstream Business Restructuring
• Positive Sentiment: Production growth from Atlantis: BP began production from the Atlantis major facility expansion in the Gulf of Mexico. New wells are expected to increase reservoir pressure, recover additional oil and extend the field’s producing life, supporting near-term upstream volumes. BP Begins Production From Atlantis Major Facility Expansion Project
• Positive Sentiment: Profit expectations remain supportive: Erste Group raised its FY2026 BP EPS estimate to $5.58 from $5.04. The broader consensus is higher at $5.76, indicating analysts continue to expect substantial earnings despite restructuring activity.
• Neutral Sentiment: Q2 earnings are the next catalyst: Analysts are refining expectations for the quarter ended June 2026, including revenue, EPS and operating metrics. The results will help investors assess whether BP’s higher-return strategy is translating into stronger performance. Countdown to BP Q2 Earnings
• Negative Sentiment: North Sea withdrawal carries risks: Selling the UK business could be viewed as a retreat from BP’s home market and may crystallize losses or produce less cash than hoped. Higher windfall taxes, volatile energy markets and uncertainty over future UK drilling policy are key factors behind the decision.

Wall Street Analyst Weigh In

BP has been the topic of a number of analyst reports. Mizuho assumed coverage on BP in a research report on Monday, July 20th. They set an “outperform” rating and a $51.00 target price on the stock. Argus raised BP from a “hold” rating to a “buy” rating and set a $50.00 price target for the company in a report on Monday, May 11th. Weiss Ratings reissued a “hold (c-)” rating on shares of BP in a report on Thursday, June 18th. Wall Street Zen upgraded BP from a “buy” rating to a “strong-buy” rating in a research report on Saturday, July 18th. Finally, Piper Sandler started coverage on BP in a research note on Thursday, July 23rd. They set a “neutral” rating and a $42.00 target price for the company. Two research analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, eight have assigned a Hold rating and three have issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $46.59.

BP Profile

BP plc is a British multinational integrated energy company headquartered in London. Originating in the early 20th century as the Anglo-Persian Oil Company, BP has grown into one of the world’s largest oil and gas companies, operating across exploration and production, refining and marketing, trading, and a range of low-carbon businesses.

The company’s core activities include upstream exploration and production of crude oil and natural gas, midstream and trading operations, and downstream refining, marketing and supply of fuels, lubricants and petrochemicals.