Jefferies Financial Group Inc. Invests $59.89 Million in Baker Hughes Company $BKR

Posted by Brenda Bartman on May 24th, 2026

Jefferies Financial Group Inc. purchased a new position in shares of Baker Hughes Company (NASDAQ:BKR – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund purchased 1,315,175 shares of the company’s stock, valued at approximately $59,893,000.

A number of other large investors have also made changes to their positions in BKR. Capital International Investors acquired a new position in shares of Baker Hughes during the third quarter worth $729,670,000. Bessemer Group Inc. increased its position in shares of Baker Hughes by 12,983.5% during the fourth quarter. Bessemer Group Inc. now owns 3,491,322 shares of the company’s stock worth $158,994,000 after purchasing an additional 3,464,637 shares in the last quarter. Capital World Investors increased its position in shares of Baker Hughes by 7.1% during the third quarter. Capital World Investors now owns 47,546,388 shares of the company’s stock worth $2,316,462,000 after purchasing an additional 3,153,709 shares in the last quarter. PFA Pension Forsikringsaktieselskab acquired a new position in shares of Baker Hughes during the fourth quarter worth $119,078,000. Finally, First Trust Advisors LP increased its position in shares of Baker Hughes by 25.7% during the third quarter. First Trust Advisors LP now owns 9,325,417 shares of the company’s stock worth $454,334,000 after purchasing an additional 1,906,384 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Baker Hughes

In other Baker Hughes news, insider Maria Georgia Magno sold 5,063 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $59.04, for a total value of $298,919.52. Following the sale, the insider directly owned 15,555 shares of the company’s stock, valued at approximately $918,367.20. This represents a 24.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lorenzo Simonelli sold 272,594 shares of the company’s stock in a transaction 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 directly owned 866,444 shares in the company, valued at approximately $50,938,242.76. The trade was a 23.93% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 550,250 shares of company stock worth $32,988,331. 0.19% of the stock is owned by corporate insiders.

Baker Hughes Price Performance

NASDAQ:BKR opened at $66.06 on Friday. Baker Hughes Company has a one year low of $36.03 and a one year high of $70.41. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.77 and a current ratio of 2.13. The firm has a market cap of $65.54 billion, a price-to-earnings ratio of 21.11, a PEG ratio of 2.35 and a beta of 0.97. The firm’s fifty day moving average is $62.80 and its two-hundred day moving average is $56.18.

Baker Hughes (NASDAQ:BKR – Get Free Report) last posted its quarterly earnings results on Thursday, April 23rd. The company reported $0.58 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $6.71 billion. During the same period in the prior year, the company earned $0.51 earnings per share. The firm’s revenue was up 2.5% on a year-over-year basis. Research analysts expect that Baker Hughes Company will post 2.31 EPS for the current year.

Baker Hughes Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several research firms recently issued reports on BKR. Argus upped their target price on Baker Hughes from $67.00 to $79.00 in a research report on Friday, May 1st. Capital One Financial upped their target price on Baker Hughes from $66.00 to $71.00 and gave the company an “overweight” rating in a research report on Thursday. Citigroup upped their target price on Baker Hughes from $69.00 to $80.00 and gave the company a “buy” rating in a research report on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Baker Hughes in a research report on Friday, April 24th. Finally, Barclays reissued an “equal weight” rating and issued a $74.00 target price (up from $62.00) on shares of Baker Hughes in a research report on Thursday, May 7th. Eighteen equities research 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’s stock. According to data from MarketBeat, Baker Hughes has an average rating of “Moderate Buy” and an average price target of $69.41.

View Our Latest Stock Analysis on Baker Hughes

Baker Hughes Company 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.