14,540 Shares in Baker Hughes Company $BKR Acquired by Lombard Odier Asset Management Switzerland SA

Lombard Odier Asset Management Switzerland SA purchased a new position in shares of Baker Hughes Company (NASDAQ:BKR) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 14,540 shares of the company’s stock, valued at approximately $888,000.

Other large investors also recently modified their holdings of the company. Cardano Risk Management B.V. raised its holdings in shares of Baker Hughes by 1,005.1% in the 4th quarter. Cardano Risk Management B.V. now owns 49,353,310 shares of the company’s stock valued at $2,247,550,000 after purchasing an additional 44,887,481 shares in the last quarter. Norges Bank purchased a new stake in shares of Baker Hughes during the 4th quarter worth $1,022,491,000. Price T Rowe Associates Inc. MD grew its stake in shares of Baker Hughes by 58.2% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,635,780 shares of the company’s stock worth $529,896,000 after purchasing an additional 4,278,573 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of Baker Hughes by 12,983.5% during the fourth quarter. Bessemer Group Inc. now owns 3,491,322 shares of the company’s stock worth $158,994,000 after purchasing an additional 3,464,637 shares in the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new position in Baker Hughes in the fourth quarter valued at $144,262,000. 92.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have issued reports on the company. Royal Bank Of Canada lifted their price target on Baker Hughes from $68.00 to $71.00 and gave the stock an “outperform” rating in a report on Monday, April 27th. Piper Sandler dropped their price objective on Baker Hughes from $72.00 to $71.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Barclays dropped their price objective on Baker Hughes from $74.00 to $72.00 and set an “equal weight” rating on the stock in a report on Thursday, July 16th. JPMorgan Chase & Co. raised their target price on Baker Hughes from $60.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. Finally, Citigroup upped their price target on Baker Hughes from $74.00 to $75.00 and gave the company a “buy” rating in a report on Wednesday, July 8th. Eighteen investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $70.00.

Baker Hughes News Roundup

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

• Positive Sentiment: Baker Hughes reported adjusted second-quarter EPS of $0.64, topping the $0.49 consensus estimate, while revenue of $6.74 billion exceeded expectations by $230 million and rose 2.4% year over year. Baker Hughes earnings report
• Positive Sentiment: The Industrial & Energy Technology segment was the primary growth driver. Second-quarter orders reached $10.5 billion, including $7.1 billion from IET, while total remaining performance obligations reached $40.1 billion, supported by a record $37.1 billion IET backlog. Baker Hughes second-quarter results
• Positive Sentiment: The company secured a major LNG technology order from Venture Global for the CP2 expansion in Louisiana, reinforcing its exposure to LNG infrastructure and long-term energy demand. Baker Hughes Venture Global LNG order
• Positive Sentiment: Baker Hughes declared a quarterly dividend of $0.23 per share, payable August 17 to shareholders of record August 7, providing continued income support for investors. Baker Hughes dividend announcement
• Neutral Sentiment: Third-quarter revenue guidance was approximately $6.9 billion, broadly in line with analyst expectations. The company did not provide a clear EPS guidance figure in the supplied update.
• Negative Sentiment: Baker Hughes expects global oil and gas producer spending to decline modestly in 2026, with lower spending in Europe and the Middle East offsetting growth elsewhere. The company also saw unusually heavy put-option activity, signaling increased near-term hedging or bearish speculation. Reuters oil and gas spending outlook
• Negative Sentiment: Some analysts view BKR as fairly valued after its rally. Potential volatility from Middle East tensions, commodity prices and the Chart Industries integration could limit further upside despite strong operating momentum.

Baker Hughes Stock Performance

NASDAQ BKR opened at $60.59 on Tuesday. The company has a fifty day moving average of $59.89 and a two-hundred day moving average of $60.05. The company has a market capitalization of $60.11 billion, a PE ratio of 19.36, a P/E/G ratio of 2.38 and a beta of 0.96. Baker Hughes Company has a 1 year low of $41.96 and a 1 year high of $70.41. The company has a debt-to-equity ratio of 0.79, a current ratio of 2.13 and a quick ratio of 1.77.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, July 26th. The company reported $0.64 EPS for the quarter, topping analysts’ consensus estimates of $0.51 by $0.13. Baker Hughes had a return on equity of 14.17% and a net margin of 11.17%.The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same quarter in the previous year, the firm earned $0.63 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. As a group, analysts expect that Baker Hughes Company will post 2.26 earnings per share for the current year.

Baker Hughes Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, August 7th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.92 annualized dividend and a yield of 1.5%. Baker Hughes’s payout ratio is 29.39%.

Insider Activity at Baker Hughes

In other news, CAO Rebecca L. Charlton sold 5,088 shares of the stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total value of $326,751.36. Following the completion of the sale, the chief accounting officer directly owned 15,997 shares of the company’s stock, valued at approximately $1,027,327.34. This represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lorenzo Simonelli sold 181,411 shares of the firm’s stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $58.43, for a total transaction of $10,599,844.73. Following the transaction, the chief executive officer owned 703,444 shares in the company, valued at approximately $41,102,232.92. This trade represents a 20.50% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 367,910 shares of company stock worth $22,420,797. 0.19% of the stock is currently owned by corporate insiders.

Baker Hughes Company 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.