Rep. Gilbert Ray Cisneros, Jr. Sells Baker Hughes Company (NASDAQ:BKR) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Baker Hughes Company (NASDAQ:BKR). In a filing disclosed on February 13th, the Representative disclosed that they had sold between $1,001 and $15,000 in Baker Hughes stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Baker Hughes Trading Down 0.6%

Shares of NASDAQ:BKR traded down $0.35 during midday trading on Friday, reaching $62.21. The company’s stock had a trading volume of 4,398,994 shares, compared to its average volume of 10,004,793. Baker Hughes Company has a fifty-two week low of $33.60 and a fifty-two week high of $62.75. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.36. The firm has a 50 day moving average price of $52.57 and a two-hundred day moving average price of $48.91. The firm has a market capitalization of $61.48 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 1.67 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last issued its 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 business 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 firm’s revenue for the quarter was up .3% on a year-over-year basis. During the same period in the previous year, the company posted $0.70 earnings per share. As a group, analysts forecast that Baker Hughes Company will post 2.59 earnings per share for the current year.

Baker Hughes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Tuesday, February 17th. Baker Hughes’s payout ratio is currently 35.38%.

Insider Activity at Baker Hughes

In related news, Director William G. Beattie sold 18,023 shares of the stock in a transaction dated Tuesday, February 3rd. The stock was sold at an average price of $57.29, for a total transaction of $1,032,537.67. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Maria Georgia Magno sold 19,150 shares of the firm’s stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $59.11, for a total value of $1,131,956.50. Following the transaction, the insider owned 14,588 shares of the company’s stock, valued at $862,296.68. This trade represents a 56.76% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 40,001 shares of company stock worth $2,322,692. 0.27% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

BKR has been the topic of several research analyst reports. Zephirin Group increased their target price on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a research note on Monday, January 26th. Jefferies Financial Group increased their price objective on shares of Baker Hughes from $59.00 to $67.00 and gave the stock a “buy” rating in a research report on Saturday, January 31st. BMO Capital Markets boosted their target price on Baker Hughes from $55.00 to $65.00 and gave the company an “outperform” rating in a research report on Tuesday, January 27th. Royal Bank Of Canada reissued an “outperform” rating and issued a $57.00 price objective on shares of Baker Hughes in a research note on Thursday, January 15th. Finally, Stifel Nicolaus boosted their price objective on Baker Hughes from $58.00 to $63.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Nineteen research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $59.00.

Institutional Trading of Baker Hughes

Institutional investors and hedge funds have recently modified their holdings of the stock. Activest Wealth Management lifted its position in Baker Hughes by 1,242.5% in the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock valued at $26,000 after buying an additional 497 shares during the last quarter. EFG International AG purchased a new position in shares of Baker Hughes during the 4th quarter worth approximately $26,000. Cullen Frost Bankers Inc. raised its position in Baker Hughes by 344.1% in the fourth quarter. Cullen Frost Bankers Inc. now owns 604 shares of the company’s stock valued at $27,000 after purchasing an additional 468 shares during the period. E Fund Management Hong Kong Co. Ltd. lifted its stake in Baker Hughes by 104.0% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after purchasing an additional 337 shares in the last quarter. Finally, Quarry LP acquired a new position in Baker Hughes during the fourth quarter worth $31,000. Hedge funds and other institutional investors own 92.06% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

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.