Canada Post Corp Registered Pension Plan Sells 22,989 Shares of Baker Hughes Company $BKR

Canada Post Corp Registered Pension Plan lowered its holdings in shares of Baker Hughes Company (NASDAQ:BKR) by 58.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 16,420 shares of the company’s stock after selling 22,989 shares during the period. Canada Post Corp Registered Pension Plan’s holdings in Baker Hughes were worth $830,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of BKR. Bessemer Group Inc. raised its stake in Baker Hughes by 25.6% during the third quarter. Bessemer Group Inc. now owns 26,685 shares of the company’s stock worth $1,300,000 after acquiring an additional 5,432 shares in the last quarter. J.W. Cole Advisors Inc. increased its position in Baker Hughes by 30.6% during the 3rd quarter. J.W. Cole Advisors Inc. now owns 11,426 shares of the company’s stock worth $557,000 after purchasing an additional 2,680 shares in the last quarter. Atlantic Union Bankshares Corp increased its position in Baker Hughes by 13.6% during the 3rd quarter. Atlantic Union Bankshares Corp now owns 23,812 shares of the company’s stock worth $1,160,000 after purchasing an additional 2,845 shares in the last quarter. State of Wyoming bought a new position in Baker Hughes in the 3rd quarter valued at approximately $81,000. Finally, Jones Financial Companies Lllp boosted its position in Baker Hughes by 99.9% in the third quarter. Jones Financial Companies Lllp now owns 23,870 shares of the company’s stock valued at $1,205,000 after buying an additional 11,929 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

Baker Hughes Price Performance

Shares of NASDAQ BKR opened at $58.92 on Monday. The company has a market capitalization of $58.14 billion, a PE ratio of 22.66, a P/E/G ratio of 1.59 and a beta of 0.89. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. Baker Hughes Company has a twelve month low of $33.60 and a twelve month high of $59.54. The firm has a fifty day simple moving average of $50.12 and a 200 day simple moving average of $47.81.

Baker Hughes (NASDAQ:BKR) last issued its quarterly earnings results on Monday, January 26th. The company reported $0.78 earnings per share for the quarter, topping analysts’ consensus estimates of $0.67 by $0.11. The firm had revenue of $7.39 billion during the quarter, compared to the consensus estimate of $7.09 billion. Baker Hughes had a return on equity of 14.26% and a net margin of 9.33%.The business’s revenue was up .3% compared to the same quarter last year. During the same period last year, the business posted $0.70 EPS. On average, sell-side analysts forecast that Baker Hughes Company will post 2.59 EPS for the current year.

Baker Hughes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 27th. Shareholders of record on Tuesday, February 17th will be issued a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Tuesday, February 17th. Baker Hughes’s payout ratio is presently 35.38%.

Key Headlines Impacting Baker Hughes

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

• Positive Sentiment: Baker Hughes won a preferred‑provider role to supply downstream chemicals to Marathon Petroleum across North America — a commercial win that supports recurring revenue and aftermarket exposure in refining, which can boost near‑term revenue visibility. Marathon deal
• Positive Sentiment: The company declared a quarterly cash dividend of $0.23 per share (record Feb 17, payable Feb 27), reinforcing shareholder returns and supporting investor income demand; yield ~1.6% and payout ratio remains moderate.
• Positive Sentiment: Analyst momentum and institutional buying: several firms recently raised price targets and multiple large institutions have added to positions, underpinning a favorable analyst/institutional backdrop and supporting demand for shares.
• Neutral Sentiment: Zacks and other commentary highlight BKR as a momentum/energy‑tech name after its multi‑year rally — useful context for momentum investors but not an immediate fundamental change. Zacks momentum piece
• Neutral Sentiment: A Yahoo Finance piece discusses whether current pricing reflects Baker Hughes’ expanding energy‑tech role after its rally — informative for valuation debates but not a discrete catalyst. Yahoo Finance
• Neutral Sentiment: Short interest data in the feed appears to show zero shares / NaN changes (likely a reporting quirk). Current short‑interest ratios are negligible per that report — if accurate, it reduces short‑squeeze risk; if erroneous, ignore until corrected.
• Negative Sentiment: Insider selling: Director William Beattie sold ~18,023 shares (~$1.03M) on Feb 3. Insider sales can be perceived negatively by some investors, especially if timed near highs, though one director sale is not uncommon and may be for personal reasons. Insider trade filing

Analyst Upgrades and Downgrades

BKR has been the subject of a number of research reports. Weiss Ratings reiterated a “buy (b)” rating on shares of Baker Hughes in a research note on Monday, December 29th. Argus increased their target price on Baker Hughes from $55.00 to $67.00 in a research report on Tuesday, January 27th. BMO Capital Markets boosted their price target on Baker Hughes from $55.00 to $65.00 and gave the stock an “outperform” rating in a report on Tuesday, January 27th. Wall Street Zen upgraded shares of Baker Hughes from a “hold” rating to a “buy” rating in a report on Saturday. Finally, TD Cowen boosted their target price on shares of Baker Hughes from $55.00 to $64.00 and gave the stock a “buy” rating in a report on Tuesday, January 27th. Twenty research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $58.30.

Insider Activity at Baker Hughes

In related news, CAO Rebecca L. Charlton sold 1,985 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $55.77, for a total transaction of $110,703.45. Following the transaction, the chief accounting officer owned 12,052 shares in the company, valued at $672,140.04. The trade was a 14.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director William G. Beattie sold 18,023 shares of the stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $57.29, for a total transaction of $1,032,537.67. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 20,851 shares of company stock worth $1,190,736. Insiders own 0.27% of the company’s stock.

About Baker Hughes

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.