Quantinno Capital Management LP Has $37.53 Million Position in Baker Hughes Company $BKR

Posted by Stanley Muller on Jul 31st, 2026

Quantinno Capital Management LP raised its stake in shares of Baker Hughes Company (NASDAQ:BKR – Free Report) by 67.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 614,773 shares of the company’s stock after acquiring an additional 246,731 shares during the quarter. Quantinno Capital Management LP’s holdings in Baker Hughes were worth $37,532,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advent International L.P. bought a new stake in shares of Baker Hughes in the 1st quarter worth about $72,309,000. SummitTX Capital L.P. acquired a new stake in shares of Baker Hughes during the 1st quarter worth about $1,804,000. Lazard Asset Management LLC lifted its holdings in Baker Hughes by 458.0% during the 1st quarter. Lazard Asset Management LLC now owns 90,064 shares of the company’s stock valued at $5,498,000 after purchasing an additional 73,923 shares during the last quarter. Castleark Management LLC lifted its holdings in Baker Hughes by 629.4% during the 1st quarter. Castleark Management LLC now owns 387,190 shares of the company’s stock valued at $23,638,000 after purchasing an additional 334,110 shares during the last quarter. Finally, Gateway Wealth Partners LLC acquired a new position in Baker Hughes in the first quarter valued at about $282,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes Trading Up 2.0%

BKR opened at $59.90 on Friday. Baker Hughes Company has a 1-year low of $41.96 and a 1-year high of $70.41. The stock has a market capitalization of $59.42 billion, a PE ratio of 19.32, a PEG ratio of 2.30 and a beta of 0.96. The company has a current ratio of 2.09, a quick ratio of 1.77 and a debt-to-equity ratio of 0.77. The firm has a 50-day moving average price of $59.47 and a two-hundred day moving average price of $60.25.

Baker Hughes (NASDAQ:BKR – Get Free Report) last announced its earnings results on Sunday, July 26th. The company reported $0.64 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.51 by $0.13. Baker Hughes had a net margin of 11.17% and a return on equity of 13.85%. The company had revenue of $6.74 billion for the quarter, compared to analyst estimates of $6.54 billion. During the same period in the prior year, the business earned $0.63 earnings per share. Baker Hughes’s quarterly revenue was up 2.4% on a year-over-year basis. As a group, equities analysts anticipate that Baker Hughes Company will post 2.4 earnings per share for the current fiscal year.

Baker Hughes Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, August 7th will be issued a dividend of $0.23 per share. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.92 annualized dividend and a yield of 1.5%. Baker Hughes’s dividend payout ratio is currently 29.68%.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Susquehanna upped their price objective on shares of Baker Hughes from $70.00 to $72.00 and gave the stock a “positive” rating in a research note on Tuesday. Wall Street Zen raised Baker Hughes from a “hold” rating to a “buy” rating in a report on Tuesday. Piper Sandler increased their price target on Baker Hughes from $71.00 to $73.00 and gave the stock an “overweight” rating in a research report on Tuesday. Capital One Financial raised their price target on Baker Hughes from $66.00 to $71.00 and gave the company an “overweight” rating in a report on Thursday, May 21st. Finally, Evercore reiterated an “outperform” rating and issued a $76.00 price objective on shares of Baker Hughes in a research report on Monday, April 27th. Seventeen analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $69.95.

View Our Latest Research Report on Baker Hughes

Insider Buying and Selling at Baker Hughes

In other Baker Hughes news, CEO Lorenzo Simonelli sold 181,411 shares of the stock in a transaction on Monday, June 22nd. The stock was sold at an average price of $58.43, for a total value of $10,599,844.73. Following the transaction, the chief executive officer directly owned 703,444 shares in the company, valued at approximately $41,102,232.92. This trade represents a 20.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Rebecca L. Charlton sold 5,088 shares of Baker Hughes stock in a transaction on Wednesday, June 3rd. The shares were sold at an average price of $64.22, for a total value of $326,751.36. Following the completion of the sale, the chief accounting officer directly owned 15,997 shares of the company’s stock, valued at $1,027,327.34. This trade represents a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 367,910 shares of company stock worth $22,420,797. Company insiders own 0.19% of the company’s stock.

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.