Massachusetts Financial Services Co. MA Boosts Stock Holdings in Baker Hughes Company $BKR

Massachusetts Financial Services Co. MA lifted its position in Baker Hughes Company (NASDAQ:BKR) by 429.2% during the fourth quarter, HoldingsChannel reports. The institutional investor owned 1,759,143 shares of the company’s stock after purchasing an additional 1,426,723 shares during the period. Massachusetts Financial Services Co. MA’s holdings in Baker Hughes were worth $80,111,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Activest Wealth Management boosted its position in shares of Baker Hughes by 1,242.5% in the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock valued at $26,000 after acquiring an additional 497 shares during the period. E Fund Management Hong Kong Co. Ltd. increased its holdings in Baker Hughes by 104.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after acquiring an additional 337 shares during the period. JFS Wealth Advisors LLC increased its holdings in Baker Hughes by 45.1% during the 4th quarter. JFS Wealth Advisors LLC now owns 811 shares of the company’s stock worth $37,000 after acquiring an additional 252 shares during the period. Wolff Wiese Magana LLC increased its holdings in Baker Hughes by 55.6% during the 4th quarter. Wolff Wiese Magana LLC now owns 840 shares of the company’s stock worth $38,000 after acquiring an additional 300 shares during the period. Finally, Spire Wealth Management increased its holdings in Baker Hughes by 357.8% during the 3rd quarter. Spire Wealth Management now owns 1,021 shares of the company’s stock worth $50,000 after acquiring an additional 798 shares during the period. 92.06% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. TD Cowen upped their target price on shares of Baker Hughes from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Stifel Nicolaus upped their target price on shares of Baker Hughes from $58.00 to $63.00 and gave the stock a “buy” rating in a report on Monday, February 2nd. Zephirin Group upped their target price on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Monday, January 26th. JPMorgan Chase & Co. upped their target price on shares of Baker Hughes from $53.00 to $60.00 and gave the stock an “overweight” rating in a report on Tuesday, January 27th. Finally, Jefferies Financial Group upped their target price on shares of Baker Hughes from $59.00 to $67.00 and gave the stock a “buy” rating in a report on Saturday, January 31st. Twenty analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $60.70.

Key Stories Impacting Baker Hughes

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Baker Hughes agreed to sell Waygate Technologies to Hexagon for roughly $1.45 billion in an all‑cash deal, expected to close in H2 2026 — the divestiture trims non‑core exposure, improves cash position and can fund buybacks/debt reduction or reallocation to core oilfield and energy tech businesses. Baker Hughes Announces Sale of Waygate Technologies to Hexagon
• Positive Sentiment: Baker Hughes reported a Q4 beat (EPS and revenue above expectations in January) and showed solid margins, which underpins near‑term profitability and supports analyst revisions. Reflecting On Oilfield Services Stocks’ Q4 Earnings: Baker Hughes
• Positive Sentiment: Deal flow in growth areas: Baker Hughes’ Argentina NovaLT agreement highlights exposure to gas and LNG growth markets, reinforcing the company’s longer‑term growth narrative outside pure oilfield services. Baker Hughes Argentina NovaLT Deal Highlights Gas And LNG Growth Story
• Positive Sentiment: An analyst price target was raised to $66, reflecting more favorable estimates after recent results and portfolio moves — a signal that some sell‑side analysts see upside from current levels. Baker Hughes (NASDAQ:BKR) Price Target Raised to $66.00
• Neutral Sentiment: Analysts are reworking valuation assumptions across Baker Hughes (and peers), adjusting growth, margin and capital‑allocation forecasts — this creates short‑term volatility as markets digest model changes. How The Baker Hughes (BKR) Story Is Shifting As Analysts Rework Valuation Assumptions
• Neutral Sentiment: Several news aggregators and market rundowns flagged Baker Hughes as a stock to watch today following the Waygate sale and recent analyst commentary — increased attention can amplify intraday moves but doesn’t by itself change fundamentals. 4 stocks to watch on Monday: RVMD, GS, BKR, MCD

Baker Hughes Stock Down 0.4%

BKR stock opened at $62.56 on Tuesday. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 0.28. The company’s 50 day moving average is $60.90 and its 200 day moving average is $52.96. The stock has a market cap of $61.82 billion, a price-to-earnings ratio of 24.06, a price-to-earnings-growth ratio of 1.75 and a beta of 0.90. Baker Hughes Company has a 1-year low of $34.56 and a 1-year high of $67.00.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings data on Monday, January 26th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.11. The company had revenue of $7.39 billion for the quarter, compared to analysts’ expectations of $7.09 billion. Baker Hughes had a net margin of 9.33% and a return on equity of 14.26%. Baker Hughes’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.70 earnings per share. Sell-side analysts predict that Baker Hughes Company will post 2.59 EPS for the current fiscal year.

Baker Hughes Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were given a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Tuesday, February 17th. Baker Hughes’s dividend payout ratio is 35.38%.

Insider Activity at Baker Hughes

In other Baker Hughes news, insider Maria Georgia Magno sold 19,150 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $59.11, for a total value of $1,131,956.50. Following the completion of the sale, the insider owned 14,588 shares of the company’s stock, valued at $862,296.68. This represents a 56.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director William G. Beattie sold 18,023 shares of the company’s stock in a transaction that occurred on Tuesday, February 3rd. The stock was sold at an average price of $57.29, for a total value of $1,032,537.67. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 590,251 shares of company stock valued at $35,311,023 in the last ninety days. 0.27% of the stock is currently owned by company insiders.

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.