National Pension Service Acquires 419,426 Shares of Baker Hughes Company $BKR

National Pension Service raised its holdings in Baker Hughes Company (NASDAQ:BKR) by 29.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 1,867,731 shares of the company’s stock after acquiring an additional 419,426 shares during the period. National Pension Service owned about 0.19% of Baker Hughes worth $103,659,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of BKR. EFG International AG acquired a new stake in Baker Hughes in the fourth quarter valued at approximately $26,000. Cullen Frost Bankers Inc. increased its holdings in shares of Baker Hughes by 344.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 604 shares of the company’s stock worth $27,000 after buying an additional 468 shares in the last quarter. Quarry LP bought a new position in shares of Baker Hughes in the 4th quarter valued at $31,000. MV Capital Management Inc. bought a new position in shares of Baker Hughes in the 4th quarter valued at $34,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of Baker Hughes during the 4th quarter valued at $35,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes Stock Performance

Shares of BKR stock opened at $59.40 on Friday. The business’s 50 day simple moving average is $60.53 and its 200 day simple moving average is $61.59. Baker Hughes Company has a one year low of $43.92 and a one year high of $70.41. The stock has a market capitalization of $58.96 billion, a PE ratio of 19.16, a PEG ratio of 2.85 and a beta of 0.96. The company has a debt-to-equity ratio of 0.77, a current ratio of 2.09 and a quick ratio of 1.76.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings results on Monday, July 27th. The company reported $0.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.13. The firm had revenue of $6.74 billion during the quarter, compared to analyst estimates of $6.54 billion. Baker Hughes had a net margin of 11.17% and a return on equity of 13.85%. The company’s revenue was up 2.4% compared to the same quarter last year. During the same quarter last year, the business earned $0.63 EPS. As a group, research analysts forecast that Baker Hughes Company will post 2.51 earnings per share for the current year.

Baker Hughes Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, August 17th. Stockholders of record on Friday, August 7th were given a dividend of $0.23 per share. The ex-dividend date was Friday, August 7th. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. Baker Hughes’s dividend payout ratio is 29.68%.

Key Stories Impacting Baker Hughes

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

• Positive Sentiment: Baker Hughes raised its FY 2026 revenue and adjusted EBITDA outlook to reflect contributions from Chart Industries. Revenue guidance is now $28.5 billion to $30.3 billion, compared with analyst expectations of approximately $28.8 billion. Baker Hughes raises annual forecasts after Chart acquisition
• Positive Sentiment: Management said the Chart transaction expands Baker Hughes’ addressable market, with the combined company targeting an opportunity estimated at roughly $57 billion. The company also highlighted Chart integration and longer-term growth opportunities at the Barclays Energy-Power Conference. Baker Hughes sees Chart deal unlocking $57 billion market
• Neutral Sentiment: Conference materials and the presentation transcript provided additional detail on Chart integration and Baker Hughes’ strategic outlook, but did not indicate a separate major earnings or operational catalyst. Barclays conference slideshow
• Neutral Sentiment: The reported short-interest update showed zero shares and zero days to cover, making it unusable as evidence of meaningful short-selling pressure because the data appears incomplete or erroneous.
• Negative Sentiment: Despite the upgraded outlook, BKR traded below both its 50-day and 200-day moving averages, suggesting investors remain cautious about acquisition execution, the near-term earnings impact and the valuation of the combined business. Baker Hughes stock trades down

Insiders Place Their Bets

In related news, CEO Lorenzo Simonelli sold 181,411 shares of Baker Hughes stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total transaction of $10,599,844.73. Following the completion of the transaction, the chief executive officer owned 703,444 shares of the company’s stock, valued at $41,102,232.92. This trade represents a 20.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.19% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several research firms have recently weighed in on BKR. Wolfe Research started coverage on Baker Hughes in a report on Wednesday, July 8th. They set an “outperform” rating and a $70.00 price target on the stock. Susquehanna lifted their target price on shares of Baker Hughes from $72.00 to $75.00 and gave the stock a “positive” rating in a research report on Thursday. Morgan Stanley began coverage on shares of Baker Hughes in a research report on Friday, August 7th. They set an “overweight” rating and a $70.00 target price on the stock. Zacks Research raised shares of Baker Hughes from a “strong sell” rating to a “hold” rating in a report on Monday, June 15th. Finally, TD Cowen upped their price target on shares of Baker Hughes from $77.00 to $78.00 and gave the company a “buy” rating in a research report on Tuesday, July 28th. Seventeen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, Baker Hughes has an average rating of “Moderate Buy” and an average target price of $71.71.

Baker Hughes Profile

Baker Hughes Company (NASDAQ: BKR) is an energy technology company that provides products, services and digital solutions for the energy and industrial sectors. Its offerings support the exploration, development, production, transportation and processing of oil and natural gas, as well as broader energy and industrial operations.

The company’s portfolio includes oilfield services and equipment, drilling and completion technologies, artificial lift systems, subsea production solutions, turbomachinery, compressors, gas technology and liquefied natural gas equipment.