Bank of New York Mellon Corp Sells 102,195 Shares of Baker Hughes Company $BKR

Bank of New York Mellon Corp cut its stake in Baker Hughes Company (NASDAQ:BKR) by 1.5% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,580,127 shares of the company’s stock after selling 102,195 shares during the quarter. Bank of New York Mellon Corp owned about 0.67% of Baker Hughes worth $320,584,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of BKR. E Fund Management Hong Kong Co. Ltd. raised its stake in Baker Hughes by 104.0% in the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after buying an additional 337 shares in the last quarter. Twin Peaks Wealth Advisors LLC bought a new position in shares of Baker Hughes in the 2nd quarter worth approximately $36,000. Harbour Investments Inc. lifted its stake in shares of Baker Hughes by 61.7% in the 2nd quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock valued at $33,000 after purchasing an additional 326 shares during the period. LFA Lugano Financial Advisors SA purchased a new position in shares of Baker Hughes in the 2nd quarter valued at approximately $36,000. Finally, Spire Wealth Management grew its stake in Baker Hughes by 357.8% in the third quarter. Spire Wealth Management now owns 1,021 shares of the company’s stock worth $50,000 after purchasing an additional 798 shares during the period. 92.06% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Baker Hughes

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Record IET backlog and new energy‑transition deals drove a sharp rally in the stock, highlighting stronger service demand and better visibility for future revenue. Baker Hughes (BKR) Is Up 5.7% After Record IET Backlog And New Energy Transition Deals – Has The Bull Case Changed?
• Positive Sentiment: Piper Sandler raised its price target to $61 and kept an overweight rating, adding institutional confidence and buy‑side momentum. Piper Sandler adjusts Baker Hughes price target to $61
• Positive Sentiment: UBS raised its PT to $61 (from $54), signaling peers see upside even from a neutral stance—another vote of confidence for the company’s outlook. UBS raises Baker Hughes price target to $61
• Positive Sentiment: Argus lifted its target to $67, indicating some analysts view a materially higher fair value—this can support further price appreciation if momentum continues. Argus raises price target on Baker Hughes to $67
• Positive Sentiment: JPMorgan raised its price target to $60, adding to the cluster of upward revisions that can attract momentum and fund flows. JPMorgan Chase & Co. Boosts Baker Hughes Price Target to $60
• Positive Sentiment: Operational wins in clean‑energy projects: Baker Hughes secured multiple orders for the Wabash Valley clean ammonia fertilizer project—concrete bookings that support energy‑transition revenue. Baker Hughes Secures Multiple Orders to Advance Wabash Valley Resources’ Clean Ammonia Fertilizer Project
• Positive Sentiment: Strategic collaboration expanded with Hydrostor to advance resilient, sustainable power systems—strengthens the company’s portfolio in grid/storage solutions. Baker Hughes and Hydrostor deepen strategic collaboration
• Positive Sentiment: Third‑party outlets (Capital One, Zephirin Group) published bullish forecasts for BKR, reinforcing broader market sentiment and analyst focus. Capital One Forecasts Strong Price Appreciation for Baker Hughes
• Neutral Sentiment: Earnings call transcript and valuation commentary are available for investors doing deeper due diligence; these sources provide context but did not drive a discrete negative reaction. Baker Hughes Q4 2025 earnings call transcript
• Neutral Sentiment: Reported short‑interest data appears inconsistent/zero and offers no clear bearish signal—treat it as unreliable until clarified.

Baker Hughes Price Performance

Shares of BKR opened at $56.73 on Friday. Baker Hughes Company has a twelve month low of $33.60 and a twelve month high of $58.50. The company has a market capitalization of $55.98 billion, a P/E ratio of 21.82, a price-to-earnings-growth ratio of 1.76 and a beta of 0.89. The firm has a 50 day moving average of $49.14 and a 200 day moving average of $46.97. The company has a quick ratio of 1.00, a current ratio of 1.41 and a debt-to-equity ratio of 0.33.

Baker Hughes (NASDAQ:BKR) last issued its earnings results on Sunday, January 25th. The company reported $0.78 EPS for the quarter, beating the consensus estimate of $0.67 by $0.11. Baker Hughes had a return on equity of 14.51% and a net margin of 9.33%.The business had revenue of $7.39 billion for the quarter, compared to the consensus estimate of $7.09 billion. During the same period last year, the business posted $0.70 EPS. The company’s revenue was up .3% compared to the same quarter last year. As a group, equities research analysts anticipate that Baker Hughes Company will post 2.59 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have commented on the company. UBS Group raised their price objective on Baker Hughes from $54.00 to $61.00 and gave the company a “neutral” rating in a research report on Wednesday. BMO Capital Markets increased their price target on shares of Baker Hughes from $55.00 to $65.00 and gave the stock an “outperform” rating in a research note on Tuesday. Zephirin Group boosted their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday. Citigroup raised their target price on shares of Baker Hughes from $61.00 to $64.00 and gave the company a “buy” rating in a research note on Tuesday. Finally, Piper Sandler lifted their target price on shares of Baker Hughes from $52.00 to $61.00 and gave the company an “overweight” rating in a report on Wednesday. Twenty-one research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $57.58.

Baker Hughes Profile

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.