Fidelis Capital Partners LLC Purchases New Stake in Baker Hughes Company $BKR

Fidelis Capital Partners LLC acquired a new position in shares of Baker Hughes Company (NASDAQ:BKR) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 16,411 shares of the company’s stock, valued at approximately $800,000.

Several other institutional investors have also modified their holdings of the stock. Norges Bank purchased a new stake in shares of Baker Hughes in the second quarter valued at about $862,722,000. First Trust Advisors LP boosted its holdings in Baker Hughes by 76.0% in the 2nd quarter. First Trust Advisors LP now owns 7,419,033 shares of the company’s stock valued at $284,446,000 after purchasing an additional 3,203,942 shares during the last quarter. Sei Investments Co. grew its stake in shares of Baker Hughes by 247.5% in the 2nd quarter. Sei Investments Co. now owns 3,134,494 shares of the company’s stock valued at $120,177,000 after buying an additional 2,232,394 shares during the period. American Century Companies Inc. grew its stake in shares of Baker Hughes by 38.0% in the 2nd quarter. American Century Companies Inc. now owns 7,602,803 shares of the company’s stock valued at $291,492,000 after buying an additional 2,094,079 shares during the period. Finally, Invesco Ltd. grew its position in Baker Hughes by 18.9% in the second quarter. Invesco Ltd. now owns 12,834,534 shares of the company’s stock worth $492,076,000 after acquiring an additional 2,044,402 shares during the period. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Baker Hughes Stock Up 0.2%

BKR stock opened at $56.73 on Friday. The company’s 50 day moving average is $49.14 and its two-hundred day moving average is $46.97. The stock has a market cap of $55.98 billion, a P/E ratio of 21.82, a PEG ratio of 1.76 and a beta of 0.89. Baker Hughes Company has a twelve month low of $33.60 and a twelve month high of $58.50. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33.

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

Analysts Set New Price Targets

BKR has been the topic of a number of research analyst reports. Industrial Alliance Securities set a $60.00 target price on Baker Hughes in a research report on Tuesday. Susquehanna increased their target price on shares of Baker Hughes from $58.00 to $65.00 and gave the stock a “positive” rating in a research note on Tuesday. BMO Capital Markets upped their price objective on shares of Baker Hughes from $55.00 to $65.00 and gave the stock an “outperform” rating in a report on Tuesday. UBS Group lifted their target price on shares of Baker Hughes from $54.00 to $61.00 and gave the company a “neutral” rating in a report on Wednesday. Finally, Zephirin Group upped their price target on Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday. Twenty-one analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Baker Hughes has an average rating of “Moderate Buy” and a consensus target price of $57.58.

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.