AustralianSuper Pty Ltd Sells 800,895 Shares of Baker Hughes Company $BKR

AustralianSuper Pty Ltd lowered its holdings in Baker Hughes Company (NASDAQ:BKR) by 62.0% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 490,043 shares of the company’s stock after selling 800,895 shares during the period. AustralianSuper Pty Ltd’s holdings in Baker Hughes were worth $23,875,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors also recently modified their holdings of the business. Woodline Partners LP grew its stake in shares of Baker Hughes by 40.8% in the first quarter. Woodline Partners LP now owns 83,650 shares of the company’s stock worth $3,676,000 after acquiring an additional 24,225 shares during the last quarter. Focus Partners Wealth grew its position in Baker Hughes by 5.6% in the 1st quarter. Focus Partners Wealth now owns 18,481 shares of the company’s stock worth $812,000 after purchasing an additional 986 shares during the last quarter. Truist Financial Corp increased its holdings in shares of Baker Hughes by 3.9% during the 2nd quarter. Truist Financial Corp now owns 386,710 shares of the company’s stock worth $14,826,000 after purchasing an additional 14,621 shares during the period. Access Financial Services Inc. raised its position in shares of Baker Hughes by 8.3% during the second quarter. Access Financial Services Inc. now owns 39,532 shares of the company’s stock valued at $1,516,000 after buying an additional 3,019 shares during the last quarter. Finally, ASR Vermogensbeheer N.V. lifted its stake in shares of Baker Hughes by 15.7% in the second quarter. ASR Vermogensbeheer N.V. now owns 452,569 shares of the company’s stock valued at $17,350,000 after buying an additional 61,283 shares during the period. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on BKR. JPMorgan Chase & Co. boosted their price target on Baker Hughes from $53.00 to $60.00 and gave the company an “overweight” rating in a research note on Tuesday. HSBC boosted their price objective on Baker Hughes from $54.00 to $56.00 and gave the company a “buy” rating in a research report on Monday, October 27th. Piper Sandler raised their target price on Baker Hughes from $52.00 to $61.00 and gave the stock an “overweight” rating in a research report on Wednesday. Jefferies Financial Group boosted their price target on shares of Baker Hughes from $58.00 to $59.00 and gave the company a “buy” rating in a report on Thursday, November 20th. Finally, Zephirin Group increased their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the company a “hold” rating in a research note on Monday. Twenty-one investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Baker Hughes presently has a consensus rating of “Moderate Buy” and an average target price of $57.58.

Baker Hughes Stock Performance

Baker Hughes stock opened at $56.73 on Friday. The firm has a market capitalization of $55.98 billion, a P/E ratio of 21.82, a P/E/G ratio of 1.76 and a beta of 0.89. The stock has a fifty day moving average price of $49.14 and a two-hundred day moving average price of $46.97. Baker Hughes Company has a 52-week low of $33.60 and a 52-week high of $58.50. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, January 25th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.67 by $0.11. The business had revenue of $7.39 billion for the quarter, compared to analyst estimates of $7.09 billion. Baker Hughes had a net margin of 9.33% and a return on equity of 14.51%. The firm’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.70 EPS. As a group, analysts anticipate that Baker Hughes Company will post 2.59 EPS for the current fiscal year.

Baker Hughes News Roundup

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

• Positive Sentiment: Record IET backlog and new energy‑transition deals drove a sharp rally in the stock, highlighting stronger service demand and better visibility for future revenue. Baker Hughes (BKR) Is Up 5.7% After Record IET Backlog And New Energy Transition Deals – Has The Bull Case Changed?
• Positive Sentiment: Piper Sandler raised its price target to $61 and kept an overweight rating, adding institutional confidence and buy‑side momentum. Piper Sandler adjusts Baker Hughes price target to $61
• Positive Sentiment: UBS raised its PT to $61 (from $54), signaling peers see upside even from a neutral stance—another vote of confidence for the company’s outlook. UBS raises Baker Hughes price target to $61
• Positive Sentiment: Argus lifted its target to $67, indicating some analysts view a materially higher fair value—this can support further price appreciation if momentum continues. Argus raises price target on Baker Hughes to $67
• Positive Sentiment: JPMorgan raised its price target to $60, adding to the cluster of upward revisions that can attract momentum and fund flows. JPMorgan Chase & Co. Boosts Baker Hughes Price Target to $60
• Positive Sentiment: Operational wins in clean‑energy projects: Baker Hughes secured multiple orders for the Wabash Valley clean ammonia fertilizer project—concrete bookings that support energy‑transition revenue. Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resources’ Clean Ammonia Fertilizer Project
• Positive Sentiment: Strategic collaboration expanded with Hydrostor to advance resilient, sustainable power systems—strengthens the company’s portfolio in grid/storage solutions. Baker Hughes and Hydrostor deepen strategic collaboration
• Positive Sentiment: Third‑party outlets (Capital One, Zephirin Group) published bullish forecasts for BKR, reinforcing broader market sentiment and analyst focus. Capital One Forecasts Strong Price Appreciation for Baker Hughes
• Neutral Sentiment: Earnings call transcript and valuation commentary are available for investors doing deeper due diligence; these sources provide context but did not drive a discrete negative reaction. Baker Hughes Q4 2025 earnings call transcript
• Neutral Sentiment: Reported short‑interest data appears inconsistent/zero and offers no clear bearish signal—treat it as unreliable until clarified.

Baker Hughes Profile

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.