Maria Georgia Magno Sells 19,150 Shares of Baker Hughes (NASDAQ:BKR) Stock

Baker Hughes Company (NASDAQ:BKR) insider Maria Georgia Magno sold 19,150 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $59.11, for a total value of $1,131,956.50. Following the sale, the insider owned 14,588 shares in the company, valued at $862,296.68. The trade was a 56.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Baker Hughes Trading Up 0.2%

NASDAQ:BKR opened at $61.39 on Friday. Baker Hughes Company has a 12-month low of $33.60 and a 12-month high of $62.27. The company has a debt-to-equity ratio of 0.28, a current ratio of 1.36 and a quick ratio of 1.00. The business has a 50 day simple moving average of $50.93 and a 200 day simple moving average of $48.19. The firm has a market capitalization of $60.58 billion, a P/E ratio of 23.61, a P/E/G ratio of 1.65 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings results on Monday, January 26th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate 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 14.26%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.70 earnings per share. Equities research analysts predict that Baker Hughes Company will post 2.59 EPS for the current year.

Baker Hughes Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be given a $0.23 dividend. The ex-dividend date is Tuesday, February 17th. This represents a $0.92 annualized dividend and a yield of 1.5%. Baker Hughes’s dividend payout ratio is 35.38%.

Institutional Investors Weigh In On Baker Hughes

Hedge funds and other institutional investors have recently bought and sold shares of the business. Woodline Partners LP grew its stake in shares of Baker Hughes by 40.8% in the 1st quarter. Woodline Partners LP now owns 83,650 shares of the company’s stock worth $3,676,000 after purchasing an additional 24,225 shares during the last quarter. Focus Partners Wealth boosted its holdings in Baker Hughes by 5.6% during the first quarter. Focus Partners Wealth now owns 18,481 shares of the company’s stock worth $812,000 after buying an additional 986 shares in the last quarter. Concurrent Investment Advisors LLC grew its position in Baker Hughes by 405.0% in the second quarter. Concurrent Investment Advisors LLC now owns 34,832 shares of the company’s stock worth $1,335,000 after buying an additional 27,935 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its position in Baker Hughes by 7.5% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 115,110 shares of the company’s stock worth $4,414,000 after buying an additional 8,023 shares during the last quarter. Finally, LRI Investments LLC increased its holdings in shares of Baker Hughes by 59.3% in the second quarter. LRI Investments LLC now owns 1,032 shares of the company’s stock valued at $40,000 after buying an additional 384 shares in the last quarter. 92.06% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

BKR has been the subject of several analyst reports. Piper Sandler boosted their price objective on Baker Hughes from $52.00 to $61.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 28th. HSBC boosted their price target on Baker Hughes from $54.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Royal Bank Of Canada reissued an “outperform” rating and set a $57.00 price target on shares of Baker Hughes in a report on Thursday, January 15th. Evercore set a $54.00 price objective on shares of Baker Hughes in a report on Monday, October 27th. Finally, BMO Capital Markets raised their target price on shares of Baker Hughes from $55.00 to $65.00 and gave the company an “outperform” rating in a research note on Tuesday, January 27th. Twenty equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $58.78.

Key Stories Impacting Baker Hughes

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

• Positive Sentiment: Baker Hughes won an order to supply ten Frame 5 gas turbines (up to ~250 MW) to Twenty20 Energy for U.S. AI/data‑center projects — a multi‑year, industrial win that increases revenue visibility and connects BKR to fast‑growing data‑center power demand. Read More.
• Positive Sentiment: BKR shares touched a 52‑week high, signaling strong market momentum and investor appetite as the company benefits from industrial/AI infrastructure themes. Read More.
• Positive Sentiment: Bloomberg reports Baker Hughes is exploring a potential ~$1.5B sale of its Waygate Technologies unit — a divestiture that could raise cash, simplify the portfolio and support capital allocation or buybacks. Read More.
• Positive Sentiment: Analyst activity has been constructive (multiple price‑target raises and a consensus “Moderate Buy”), supporting demand and valuation momentum.
• Neutral Sentiment: Recent short‑interest feeds show reporting glitches (zeros/NaN) in February — this is likely a data issue rather than a true sudden change in positioning; rely on official exchange reports for confirmation.
• Neutral Sentiment: Earlier in the quarter short interest had fallen (to ~26.7M shares, ~2.7% of float), which could be bullish if driven by covering — but that move may already be priced into the rally.
• Negative Sentiment: Insider selling: director/insider Maria Georgia Magno sold 19,150 shares (reported trade at ~ $59.11) — while insider sales can be routine, the size and 56.8% reduction in her holding is a near‑term negative signal for some investors. Read More.

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.