Investors Purchase Large Volume of Baker Hughes Call Options (NASDAQ:BKR)

Posted by Brenda Bartman on Oct 26th, 2026

Baker Hughes Company (NASDAQ:BKR – Get Free Report) saw unusually large options trading activity on Monday. Investors purchased 4,309 call options on the company. This represents an increase of approximately 72% compared to the average daily volume of 2,501 call options.

Baker Hughes Trading Up 0.3%

Shares of Baker Hughes stock traded up $0.15 during trading hours on Monday, reaching $56.01. 1,899,004 shares of the company’s stock were exchanged, compared to its average volume of 8,579,497. Baker Hughes has a 52-week low of $44.26 and a 52-week high of $70.41. The firm has a market capitalization of $55.60 billion, a price-to-earnings ratio of 18.06, a price-to-earnings-growth ratio of 2.66 and a beta of 1.04. The company has a fifty day moving average of $58.94 and a 200-day moving average of $60.61. The company has a current ratio of 2.09, a quick ratio of 1.76 and a debt-to-equity ratio of 0.77.

Baker Hughes (NASDAQ:BKR – Get Free Report) last announced its quarterly earnings data on Monday, July 27th. The company reported $0.64 EPS for the quarter, beating analysts’ consensus estimates of $0.51 by $0.13. The business had revenue of $6.74 billion during the quarter, compared to the consensus estimate of $6.54 billion. Baker Hughes had a return on equity of 13.85% and a net margin of 11.17%. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.63 earnings per share. Sell-side analysts forecast that Baker Hughes will post 2.57 EPS for the current fiscal year.

Institutional Trading of Baker Hughes

Hedge funds have recently added to or reduced their stakes in the business. Amundi lifted its holdings in shares of Baker Hughes by 28.2% during the 1st quarter. Amundi now owns 10,946,464 shares of the company’s stock worth $668,282,000 after acquiring an additional 2,409,978 shares during the period. First Trust Advisors LP increased its position in Baker Hughes by 4.0% during the first quarter. First Trust Advisors LP now owns 9,663,737 shares of the company’s stock worth $589,971,000 after purchasing an additional 374,974 shares during the last quarter. Bank of New York Mellon Corp increased its position in Baker Hughes by 1.8% during the first quarter. Bank of New York Mellon Corp now owns 6,738,599 shares of the company’s stock worth $411,391,000 after purchasing an additional 119,388 shares during the last quarter. Bank of America Corp DE increased its position in Baker Hughes by 5.1% during the first quarter. Bank of America Corp DE now owns 3,837,618 shares of the company’s stock worth $234,287,000 after purchasing an additional 184,897 shares during the last quarter. Finally, Bessemer Group Inc. raised its stake in Baker Hughes by 2.1% during the first quarter. Bessemer Group Inc. now owns 3,565,158 shares of the company’s stock worth $217,652,000 after purchasing an additional 73,836 shares during the period. 92.06% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

BKR has been the topic of several research reports. The Goldman Sachs Group reiterated a “buy” rating and issued a $71.00 price target on shares of Baker Hughes in a research report on Tuesday, September 29th. Jefferies Financial Group reduced their target price on Baker Hughes from $80.00 to $77.00 and set a “buy” rating on the stock in a research note on Tuesday, September 29th. Morgan Stanley started coverage on Baker Hughes in a report on Friday, August 7th. They set an “overweight” rating and a $70.00 target price on the stock. Piper Sandler raised 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, July 28th. Finally, UBS Group cut their price target on Baker Hughes from $72.00 to $69.00 and set a “neutral” rating for the company in a report on Wednesday, September 30th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $72.10.

Get Our Latest Analysis on BKR

Baker Hughes Company Profile

(Get Free Report)

Baker Hughes Company (NASDAQ: BKR) is an energy technology company that provides products, services and digital solutions for the oil and gas industry and other energy-related markets. Its offerings support the exploration, drilling, completion, production and maintenance of energy assets across the lifecycle of a project.

The company’s oilfield services and equipment business provides technologies such as drilling systems, well completions, artificial lift, subsea equipment, production chemicals and well intervention services.