Rathbones Group PLC Increases Holdings in Baker Hughes Company $BKR

Posted by Francis Steltz on Aug 5th, 2026

Rathbones Group PLC grew its stake in Baker Hughes Company (NASDAQ:BKR – Free Report) by 99.2% during the 1st quarter, HoldingsChannel reports. The fund owned 17,969 shares of the company’s stock after purchasing an additional 8,950 shares during the quarter. Rathbones Group PLC’s holdings in Baker Hughes were worth $1,097,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Cardano Risk Management B.V. increased its stake in Baker Hughes by 1,005.1% during the 4th quarter. Cardano Risk Management B.V. now owns 49,353,310 shares of the company’s stock valued at $2,247,550,000 after purchasing an additional 44,887,481 shares in the last quarter. Norges Bank bought a new position in shares of Baker Hughes in the fourth quarter worth approximately $1,022,491,000. Price T Rowe Associates Inc. MD lifted its stake in shares of Baker Hughes by 58.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,635,780 shares of the company’s stock worth $529,896,000 after buying an additional 4,278,573 shares in the last quarter. Bessemer Group Inc. grew its holdings 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 valued at $158,994,000 after buying an additional 3,464,637 shares during the last quarter. Finally, Eurizon Capital SGR S.p.A. purchased a new stake in shares of Baker Hughes during the fourth quarter valued at approximately $144,262,000. 92.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on the stock. UBS Group set a $51.00 price objective on shares of Baker Hughes in a report on Tuesday, July 28th. Wolfe Research assumed coverage on Baker Hughes in a research note on Wednesday, July 8th. They set an “outperform” rating and a $70.00 target price on the stock. Capital One Financial increased their target price on Baker Hughes from $66.00 to $71.00 and gave the company an “overweight” rating in a research note on Thursday, May 21st. Susquehanna lifted their target price on Baker Hughes from $70.00 to $72.00 and gave the stock a “positive” rating in a report on Tuesday, July 28th. Finally, HSBC boosted their price target on Baker Hughes from $67.00 to $85.00 and gave the stock a “buy” rating in a research note on Monday, April 27th. Seventeen investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Baker Hughes currently has an average rating of “Moderate Buy” and a consensus target price of $69.95.

Get Our Latest Stock Analysis on BKR

Insider Buying and Selling at Baker Hughes

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

Baker Hughes Stock Up 1.5%

BKR opened at $61.73 on Wednesday. The company has a quick ratio of 1.76, a current ratio of 2.09 and a debt-to-equity ratio of 0.77. The firm has a 50 day moving average price of $59.15 and a 200-day moving average price of $60.50. Baker Hughes Company has a twelve month low of $41.96 and a twelve month high of $70.41. The stock has a market capitalization of $61.28 billion, a price-to-earnings ratio of 19.91, a PEG ratio of 1.93 and a beta of 0.97.

Baker Hughes (NASDAQ:BKR – Get Free Report) last issued its quarterly earnings data on Sunday, July 26th. The company reported $0.64 earnings per share for the quarter, beating 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 the consensus estimate of $6.54 billion. During the same quarter in the prior year, the firm earned $0.63 earnings per share. The firm’s revenue for the quarter was up 2.4% compared to the same quarter last year. Equities research analysts forecast that Baker Hughes Company will post 2.46 earnings per share for the current year.

Baker Hughes Dividend Announcement

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

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.