Fideuram Intesa Sanpaolo Private Banking S.P.A. Purchases New Holdings in Baker Hughes Company $BKR

Posted by Brenda Bartman on May 24th, 2026

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in Baker Hughes Company (NASDAQ:BKR – Free Report) during the fourth quarter, Holdings Channel.com reports. The fund bought 16,044 shares of the company’s stock, valued at approximately $731,000.

Other hedge funds have also added to or reduced their stakes in the company. Pinion Investment Advisors LLC bought a new position in Baker Hughes in the 4th quarter worth about $778,000. Nordea Investment Management AB grew its stake in Baker Hughes by 12.7% in the 4th quarter. Nordea Investment Management AB now owns 2,755,743 shares of the company’s stock worth $125,813,000 after acquiring an additional 309,996 shares in the last quarter. Legal & General Group Plc grew its stake in Baker Hughes by 5.4% in the 3rd quarter. Legal & General Group Plc now owns 7,147,684 shares of the company’s stock worth $348,234,000 after acquiring an additional 367,728 shares in the last quarter. Cibc World Market Inc. grew its stake in Baker Hughes by 13.6% in the 3rd quarter. Cibc World Market Inc. now owns 829,816 shares of the company’s stock worth $40,429,000 after acquiring an additional 99,314 shares in the last quarter. Finally, Johnson Investment Counsel Inc. grew its stake in Baker Hughes by 10,225.3% in the 3rd quarter. Johnson Investment Counsel Inc. now owns 849,566 shares of the company’s stock worth $41,391,000 after acquiring an additional 841,338 shares in the last quarter. 92.06% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Baker Hughes in a research note on Friday, April 24th. iA Financial set a $60.00 price objective on shares of Baker Hughes in a research note on Tuesday, January 27th. BMO Capital Markets increased their price objective on shares of Baker Hughes from $70.00 to $80.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Capital One Financial increased their price objective on shares of Baker Hughes from $66.00 to $71.00 and gave the company an “overweight” rating in a research note on Thursday. Finally, Royal Bank Of Canada increased their price objective on shares of Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a research note on Monday, April 27th. Eighteen analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Baker Hughes presently has an average rating of “Moderate Buy” and an average price target of $69.41.

View Our Latest Research Report on Baker Hughes

Insider Buying and Selling

In related news, CEO Lorenzo Simonelli sold 272,594 shares of the stock in a transaction that occurred on 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 completion of the sale, the chief executive officer owned 866,444 shares of the company’s stock, valued at $50,938,242.76. This represents a 23.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Maria Georgia Magno sold 5,063 shares of the stock in a transaction that occurred on 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 directly owned 15,555 shares of the company’s stock, valued at $918,367.20. The trade was a 24.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 550,250 shares of company stock valued at $32,988,331 in the last three months. 0.19% of the stock is currently owned by corporate insiders.

Baker Hughes Trading Up 0.4%

NASDAQ:BKR opened at $66.06 on Friday. Baker Hughes Company has a 52 week low of $36.03 and a 52 week high of $70.41. The firm has a 50 day moving average of $62.80 and a 200 day moving average of $56.18. The company has a quick ratio of 1.77, a current ratio of 2.13 and a debt-to-equity ratio of 0.79. The stock has a market capitalization of $65.54 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 2.35 and a beta of 0.97.

Baker Hughes (NASDAQ:BKR – Get Free Report) last posted its earnings results on Thursday, April 23rd. The company reported $0.58 EPS for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09. Baker Hughes had a net margin of 11.17% and a return on equity of 14.17%. The company had revenue of $6.59 billion during the quarter, compared to analysts’ expectations of $6.71 billion. During the same quarter in the prior year, the company posted $0.51 earnings per share. Baker Hughes’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, sell-side analysts anticipate that Baker Hughes Company will post 2.31 earnings per share for the current fiscal year.

Baker Hughes Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were given 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 yield of 1.4%. Baker Hughes’s dividend payout ratio is presently 29.39%.

Baker Hughes Profile

(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.