Great Lakes Advisors LLC Grows Position in Baker Hughes Company $BKR

Great Lakes Advisors LLC raised its holdings in Baker Hughes Company (NASDAQ:BKR) by 9.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 137,046 shares of the company’s stock after acquiring an additional 11,779 shares during the quarter. Great Lakes Advisors LLC’s holdings in Baker Hughes were worth $6,677,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in BKR. Forum Financial Management LP increased its holdings in shares of Baker Hughes by 1.4% in the 2nd quarter. Forum Financial Management LP now owns 17,255 shares of the company’s stock valued at $662,000 after purchasing an additional 233 shares in the last quarter. Steward Partners Investment Advisory LLC grew its position in Baker Hughes by 4.2% during the second quarter. Steward Partners Investment Advisory LLC now owns 6,790 shares of the company’s stock worth $260,000 after buying an additional 275 shares during the period. CWM LLC lifted its position in shares of Baker Hughes by 0.6% during the 3rd quarter. CWM LLC now owns 44,731 shares of the company’s stock valued at $2,179,000 after acquiring an additional 287 shares during the period. STF Management LP lifted its position in shares of Baker Hughes by 2.2% during the 2nd quarter. STF Management LP now owns 14,987 shares of the company’s stock valued at $575,000 after acquiring an additional 322 shares during the period. Finally, Harbour Investments Inc. boosted its stake in shares of Baker Hughes by 61.7% during the 2nd quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock worth $33,000 after acquiring an additional 326 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

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

Several equities analysts recently weighed in on the company. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Baker Hughes in a research note on Monday, December 29th. Evercore ISI set a $54.00 price target on Baker Hughes in a research note on Monday, October 27th. Barclays increased their price objective on shares of Baker Hughes from $55.00 to $57.00 and gave the company an “overweight” rating in a research note on Tuesday. Capital One Financial upped their price target on shares of Baker Hughes from $53.00 to $59.00 and gave the company an “overweight” rating in a report on Tuesday. Finally, HSBC raised their price objective on shares of Baker Hughes from $54.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Twenty-one analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $57.58.

Baker Hughes Stock Performance

Shares of NASDAQ BKR opened at $56.73 on Friday. The company has a 50-day simple moving average of $49.14 and a 200-day simple moving average of $46.97. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00. The company has a market cap of $55.98 billion, a PE ratio of 21.82, a price-to-earnings-growth ratio of 1.76 and a beta of 0.89. Baker Hughes Company has a 12 month low of $33.60 and a 12 month high of $58.50.

Baker Hughes (NASDAQ:BKR) last announced its earnings results on Sunday, January 25th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.67 by $0.11. The firm 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%. Baker Hughes’s revenue was up .3% compared to the same quarter last year. During the same quarter last year, the business earned $0.70 earnings per share. On average, equities analysts anticipate that Baker Hughes Company will post 2.59 earnings per share for the current year.

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.