RBF Capital LLC Cuts Position in Baker Hughes Company $BKR

RBF Capital LLC reduced its position in shares of Baker Hughes Company (NASDAQ:BKR) by 7.7% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 120,000 shares of the company’s stock after selling 10,000 shares during the period. RBF Capital LLC’s holdings in Baker Hughes were worth $7,326,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. EFG International AG purchased a new position in Baker Hughes during the 4th quarter valued at about $26,000. Cullen Frost Bankers Inc. increased its stake in 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 purchasing an additional 468 shares during the period. Quarry LP purchased a new stake in Baker Hughes during the fourth quarter worth about $31,000. MV Capital Management Inc. acquired a new stake in shares of Baker Hughes during the fourth quarter worth about $34,000. Finally, Acumen Wealth Advisors LLC acquired a new stake in shares of Baker Hughes during the fourth quarter worth about $35,000. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Baker Hughes News Roundup

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

• Positive Sentiment: Major 1.3-gigawatt power-generation order: Dynamis Power Solutions ordered 76 Baker Hughes NovaLT16 gas turbines, along with BRUSH generators, gearboxes and controls, for data centers and oil-and-gas applications. The turbines were booked in the second quarter, while the associated equipment was booked in the third quarter, providing visibility into future revenue. Dynamis Power Solutions Awards Baker Hughes Major Power Generation Order for Data Centers, Oil & Gas
• Positive Sentiment: Analysts remain bullish: J.P. Morgan reaffirmed its Buy rating, while Piper Sandler maintained its Buy recommendation. Susquehanna also raised its price target from $70 to $72 and assigned a Positive rating, implying substantial upside based on the referenced price. J.P. Morgan Reaffirms Its Buy Rating Susquehanna Raises Baker Hughes Price Target
• Positive Sentiment: Operational momentum: Second-quarter commentary highlighted record Industrial & Energy Technology orders and robust cash flow. Baker Hughes also secured a technology order for Venture Global’s CP2 LNG expansion, supporting its LNG backlog and energy-transition businesses. Baker Hughes Q2 2026 Earnings Call Highlights Baker Hughes Wins Technology Order for Venture Global’s CP2 LNG Expansion
• Neutral Sentiment: Market commentary suggests sector rotation from pressured technology shares toward energy stocks could improve investor interest in BKR, although the potential impact depends on broader market volatility. Stocks Standing Out as the Tech Rally Cracks
• Negative Sentiment: Baker Hughes expects lower spending by oil-and-gas producers in 2026, a headwind for its traditional oilfield-services businesses. The new data-center and power-generation orders help diversify this risk but may not fully offset near-term industry caution. Baker Hughes Sees Lower Spending by Oil and Gas Producers in 2026

Insider Activity

In related news, CAO Rebecca L. Charlton sold 5,088 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the completion of the sale, the chief accounting officer owned 15,997 shares in the company, valued at $1,027,327.34. The trade was a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lorenzo Simonelli sold 181,411 shares of the company’s stock in a transaction that occurred on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total value of $10,599,844.73. Following the completion of the transaction, the chief executive officer directly 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. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 367,910 shares of company stock worth $22,420,797 in the last three months. Corporate insiders own 0.19% of the company’s stock.

Baker Hughes Price Performance

Baker Hughes stock opened at $58.72 on Thursday. The company has a current ratio of 2.09, a quick ratio of 1.77 and a debt-to-equity ratio of 0.77. The company has a fifty day simple moving average of $59.58 and a 200-day simple moving average of $60.18. The stock has a market cap of $58.25 billion, a P/E ratio of 18.94, a price-to-earnings-growth ratio of 2.38 and a beta of 0.96. Baker Hughes Company has a 12-month low of $41.96 and a 12-month high of $70.41.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, July 26th. The company reported $0.64 EPS for the quarter, beating the consensus estimate of $0.51 by $0.13. Baker Hughes had a return on equity of 13.85% and a net margin of 11.17%.The firm had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same quarter in the prior year, the company posted $0.63 earnings per share. Baker Hughes’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities analysts expect that Baker Hughes Company will post 2.31 EPS for the current fiscal year.

Baker Hughes Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, August 7th will be issued a $0.23 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. Baker Hughes’s dividend payout ratio is presently 29.39%.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on BKR shares. Royal Bank Of Canada lifted their price objective on shares of Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a report on Monday, April 27th. Barclays cut their price objective on Baker Hughes from $74.00 to $72.00 and set an “equal weight” rating on the stock in a research report on Thursday, July 16th. Wall Street Zen upgraded Baker Hughes from a “hold” rating to a “buy” rating in a report on Tuesday. BMO Capital Markets boosted their target price on Baker Hughes from $70.00 to $80.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. Finally, Citigroup upped their price target on Baker Hughes from $74.00 to $75.00 and gave the stock a “buy” rating in a report on Wednesday, July 8th. Seventeen equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $69.95.

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.