Ethic Inc. Has $1.58 Million Stock Position in Baidu, Inc. $BIDU

Ethic Inc. raised its holdings in shares of Baidu, Inc. (NASDAQ:BIDU) by 51.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 11,980 shares of the information services provider’s stock after buying an additional 4,074 shares during the quarter. Ethic Inc.’s holdings in Baidu were worth $1,579,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Royal Bank of Canada increased its holdings in shares of Baidu by 28.3% during the 1st quarter. Royal Bank of Canada now owns 160,713 shares of the information services provider’s stock worth $14,791,000 after purchasing an additional 35,479 shares during the period. Capital Advisors Inc. OK bought a new stake in shares of Baidu in the second quarter valued at about $1,715,000. Fluent Financial LLC grew its position in Baidu by 16.2% during the second quarter. Fluent Financial LLC now owns 23,606 shares of the information services provider’s stock worth $2,024,000 after buying an additional 3,286 shares in the last quarter. ARK Investment Management LLC increased its stake in Baidu by 129.4% during the second quarter. ARK Investment Management LLC now owns 294,447 shares of the information services provider’s stock valued at $25,252,000 after acquiring an additional 166,088 shares during the period. Finally, Voya Investment Management LLC acquired a new position in Baidu in the 3rd quarter valued at approximately $2,027,000.

More Baidu News

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Baidu announced a proposed spin‑off and separate listing of Kunlunxin, its AI‑chip subsidiary, which can unlock value and give investors a pure‑play exposure to chips and AI. PR Newswire
• Positive Sentiment: Kunlunxin has confidentially filed for a Hong Kong listing, a concrete step toward the spin‑off that typically attracts investor interest in high‑growth AI hardware plays. Reuters
• Positive Sentiment: Major outlets report the Kunlunxin listing plans, reinforcing the narrative that Baidu is monetizing its AI assets amid the AI frenzy — a strategic move investors tend to reward. WSJ
• Positive Sentiment: Markets reacted: Asian trading saw a strong tech rally and reports said Baidu jumped sharply on the listing news, signaling short‑term buyer interest tied to the spin‑off story. AP/Financial Post
• Neutral Sentiment: Analysts and market commentators are increasingly bullish on BIDU’s AI growth path for 2026, which supports longer‑term upside but may already be priced in. TipRanks
• Neutral Sentiment: Recent coverage highlights Baidu’s healthy balance sheet — a supportive fundamental backdrop but not an immediate catalyst. Yahoo Finance
• Negative Sentiment: Pomerantz LLP has opened an investor investigation into Baidu, which can prolong volatility and prompt selling or heightened regulatory/legal scrutiny. PR Newswire

Baidu Stock Down 1.3%

BIDU opened at $130.66 on Friday. The firm has a market cap of $45.14 billion, a price-to-earnings ratio of 43.41 and a beta of 0.30. The company has a debt-to-equity ratio of 0.23, a quick ratio of 1.91 and a current ratio of 1.91. The firm’s 50-day simple moving average is $122.65 and its 200-day simple moving average is $109.56. Baidu, Inc. has a twelve month low of $74.71 and a twelve month high of $149.51.

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on BIDU shares. Zephirin Group started coverage on Baidu in a report on Monday, September 15th. They set a “sell” rating and a $92.00 price objective on the stock. Weiss Ratings reiterated a “hold (c)” rating on shares of Baidu in a research note on Monday. The Goldman Sachs Group boosted their price target on shares of Baidu from $154.00 to $155.00 and gave the company a “buy” rating in a report on Wednesday, November 19th. Citigroup reaffirmed a “buy” rating on shares of Baidu in a report on Monday, December 8th. Finally, Susquehanna reiterated a “neutral” rating and set a $110.00 target price on shares of Baidu in a research report on Monday, November 24th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $146.11.

Baidu Profile

Baidu, Inc, founded in 2000 and headquartered in Beijing, is a Chinese multinational technology company best known for operating one of China’s leading internet search engines. The company built its business around online search and related advertising services, providing search, content aggregation and targeted ad placements to consumers and marketers across China. Baidu went public on the NASDAQ in 2005 and has since diversified beyond search into a broader technology and AI-focused portfolio.

Core products and services include the Baidu search platform and mobile app, Baidu Maps and Baidu Baike (an online encyclopedia), along with digital content initiatives.