New York State Common Retirement Fund Buys New Position in Baidu, Inc. $BIDU

New York State Common Retirement Fund purchased a new stake in Baidu, Inc. (NASDAQ:BIDU) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 63,796 shares of the information services provider’s stock, valued at approximately $8,406,000.

Other large investors have also bought and sold shares of the company. Fluent Financial LLC increased its position in shares of Baidu by 16.2% during the second quarter. Fluent Financial LLC now owns 23,606 shares of the information services provider’s stock valued at $2,024,000 after acquiring an additional 3,286 shares during the last quarter. Voya Investment Management LLC purchased a new stake in shares of Baidu during the 3rd quarter valued at $2,027,000. ARK Investment Management LLC raised its stake in shares of Baidu by 129.4% during the 2nd quarter. ARK Investment Management LLC now owns 294,447 shares of the information services provider’s stock worth $25,252,000 after purchasing an additional 166,088 shares during the period. Sumitomo Mitsui Trust Group Inc. boosted its holdings in shares of Baidu by 11.9% in the 2nd quarter. Sumitomo Mitsui Trust Group Inc. now owns 169,775 shares of the information services provider’s stock worth $14,560,000 after buying an additional 18,042 shares during the last quarter. Finally, Monaco Asset Management SAM grew its position in Baidu by 14.7% during the second quarter. Monaco Asset Management SAM now owns 282,500 shares of the information services provider’s stock valued at $24,227,000 after buying an additional 36,129 shares during the period.

Key Headlines Impacting Baidu

Here are the key news stories impacting Baidu this week:

• Positive Sentiment: Baidu’s board approved a new US$5 billion share repurchase program effective through Dec. 31, 2028, and adopted a first-ever dividend policy aimed at boosting shareholder returns — a major catalyst for buying interest. Baidu Announces New Share Repurchase Program and Dividend Policy
• Positive Sentiment: News coverage and investor reaction pushed BIDU higher in after‑hours trading as markets digested the buyback/dividend surprise, which investors view as management prioritizing shareholder returns. Why did BIDU stock jump nearly 5% after-hours today?
• Positive Sentiment: Analyst upgrade: China Renaissance raised BIDU from “hold” to “buy” and lifted its price target to $180, providing additional support and signaling upside vs. current levels. China Renaissance upgrades Baidu to buy
• Neutral Sentiment: Coverage on Baidu’s autonomous‑driving and AI growth outlooks highlights longer‑term earnings potential but also keeps debate open around valuation and timing for monetization. These are strategic positives but not immediate liquidity drivers. Baidu’s Autonomous Driving Push Reshapes Growth Outlook
• Neutral Sentiment: Valuation discussion: analysts and writeups are weighing a strong one‑year rebound versus a still‑rich P/E, which could temper enthusiasm if growth slows. Is Baidu Still Attractive?
• Neutral Sentiment: Short-interest report in the feed shows no meaningful published short data; this item appears data‑noisy/irrelevant for near‑term price pressure. (Likely immaterial.)
• Negative Sentiment: Intraday weakness and premarket selling were linked to a decline in Hong Kong trading and investor concerns over possible tax‑policy changes in China, which can create near‑term volatility despite the buyback/dividend news. What’s Going On With Baidu Stock Wednesday?

Baidu Stock Down 4.8%

Shares of NASDAQ BIDU opened at $137.95 on Thursday. Baidu, Inc. has a 52 week low of $74.71 and a 52 week high of $165.30. The business has a 50-day simple moving average of $136.77 and a two-hundred day simple moving average of $120.51. The company has a quick ratio of 1.91, a current ratio of 1.91 and a debt-to-equity ratio of 0.23. The company has a market cap of $47.65 billion, a P/E ratio of 45.83 and a beta of 0.32.

Wall Street Analysts Forecast Growth

BIDU has been the topic of several research reports. Zacks Research raised shares of Baidu from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 19th. Susquehanna reaffirmed a “neutral” rating and issued a $110.00 price target on shares of Baidu in a report on Monday, November 24th. JPMorgan Chase & Co. raised Baidu from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $110.00 to $188.00 in a report on Monday, November 24th. Bank of America raised their target price on Baidu from $100.00 to $151.00 and gave the stock a “buy” rating in a research report on Wednesday, November 19th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Baidu in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Baidu has a consensus rating of “Moderate Buy” and a consensus price target of $157.05.

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.