Everstar Asset Management LLC Makes New $702,000 Investment in Baker Hughes Company $BKR

Posted by Brenda Bartman on May 16th, 2026

Everstar Asset Management LLC acquired a new stake in shares of Baker Hughes Company (NASDAQ:BKR – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 15,748 shares of the company’s stock, valued at approximately $702,000.

Several other large investors have also recently modified their holdings of the stock. Activest Wealth Management lifted its stake in shares of Baker Hughes by 1,242.5% in the 3rd quarter. Activest Wealth Management now owns 537 shares of the company’s stock valued at $26,000 after acquiring an additional 497 shares during the last quarter. JFS Wealth Advisors LLC grew its holdings in shares of Baker Hughes by 45.1% in the fourth quarter. JFS Wealth Advisors LLC now owns 811 shares of the company’s stock worth $37,000 after purchasing an additional 252 shares during the last quarter. Wolff Wiese Magana LLC grew its holdings in shares of Baker Hughes by 55.6% in the fourth quarter. Wolff Wiese Magana LLC now owns 840 shares of the company’s stock worth $38,000 after purchasing an additional 300 shares during the last quarter. Emerald Mutual Fund Advisers Trust purchased a new position in shares of Baker Hughes in the third quarter worth $65,000. Finally, Hilltop National Bank increased its stake in shares of Baker Hughes by 26.7% in the fourth quarter. Hilltop National Bank now owns 1,423 shares of the company’s stock worth $65,000 after buying an additional 300 shares during the period. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently commented on BKR. Susquehanna lifted their target price on shares of Baker Hughes from $70.00 to $80.00 and gave the stock a “positive” rating in a research note on Monday, April 27th. iA Financial set a $60.00 price objective on shares of Baker Hughes in a research report on Tuesday, January 27th. Zephirin Group boosted their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the company a “hold” rating in a research report on Monday, January 26th. Jefferies Financial Group restated a “buy” rating and issued a $80.00 price objective on shares of Baker Hughes in a research report on Sunday, April 26th. Finally, Royal Bank Of Canada boosted their price objective on shares of Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $69.18.

View Our Latest Analysis on BKR

Baker Hughes Trading Down 0.8%

Shares of BKR opened at $64.12 on Friday. The firm’s 50-day moving average price is $62.16 and its 200-day moving average price is $55.54. The firm has a market capitalization of $63.61 billion, a price-to-earnings ratio of 20.49, a PEG ratio of 2.35 and a beta of 0.97. The company has a current ratio of 2.13, a quick ratio of 1.77 and a debt-to-equity ratio of 0.79. Baker Hughes Company has a 1-year low of $35.83 and a 1-year high of $70.41.

Baker Hughes (NASDAQ:BKR – Get Free Report) last announced its earnings results on Thursday, April 23rd. The company reported $0.58 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09. The firm had revenue of $6.59 billion for the quarter, compared to analyst estimates of $6.71 billion. Baker Hughes had a net margin of 11.17% and a return on equity of 14.17%. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. Sell-side analysts anticipate that Baker Hughes Company will post 2.32 EPS for the current year.

Baker Hughes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, May 5th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.4%. Baker Hughes’s payout ratio is presently 29.39%.

Insider Transactions at Baker Hughes

In other news, insider Maria Georgia Magno sold 5,063 shares of Baker Hughes stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $59.04, for a total transaction of $298,919.52. Following the sale, the insider owned 15,555 shares of the company’s stock, valued at approximately $918,367.20. The trade was a 24.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Lorenzo Simonelli sold 272,594 shares of Baker Hughes stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $58.79, for a total transaction of $16,025,801.26. Following the sale, the chief executive officer directly owned 866,444 shares in the company, valued at $50,938,242.76. The trade was a 23.93% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 550,250 shares of company stock worth $32,988,331 in the last ninety days. Insiders own 0.19% of the company’s stock.

About Baker Hughes

(Free Report)

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.