Traders Purchase Large Volume of Baker Hughes Put Options (NASDAQ:BKR)

Baker Hughes Company (NASDAQ:BKR) saw unusually large options trading on Monday. Stock investors bought 8,920 put options on the stock. This is an increase of 172% compared to the average volume of 3,279 put options.

Insider Activity at Baker Hughes

In other news, CEO Lorenzo Simonelli sold 181,411 shares of the stock in a transaction that occurred on Monday, June 22nd. The stock was sold at an average price of $58.43, for a total value of $10,599,844.73. Following the completion of the sale, the chief executive officer directly owned 703,444 shares of the company’s stock, valued at approximately $41,102,232.92. This represents a 20.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Rebecca L. Charlton sold 5,088 shares of the firm’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the completion of the sale, the chief accounting officer owned 15,997 shares in the company, valued at approximately $1,027,327.34. The trade was a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 367,910 shares of company stock worth $22,420,797. Company insiders own 0.19% of the company’s stock.

Institutional Trading of Baker Hughes

Several institutional investors have recently bought and sold shares of BKR. Insight Wealth Strategies LLC raised its stake in Baker Hughes by 5.0% during the second quarter. Insight Wealth Strategies LLC now owns 100,692 shares of the company’s stock worth $5,419,000 after acquiring an additional 4,804 shares in the last quarter. Tema ETFs LLC boosted its stake in shares of Baker Hughes by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 25,450 shares of the company’s stock valued at $1,412,000 after purchasing an additional 2,465 shares in the last quarter. GoalVest Advisory LLC boosted its stake in shares of Baker Hughes by 7.2% in the 2nd quarter. GoalVest Advisory LLC now owns 40,643 shares of the company’s stock valued at $2,256,000 after purchasing an additional 2,729 shares in the last quarter. Oliver Luxxe Assets LLC grew its holdings in shares of Baker Hughes by 0.8% in the 2nd quarter. Oliver Luxxe Assets LLC now owns 156,744 shares of the company’s stock worth $8,699,000 after purchasing an additional 1,273 shares during the last quarter. Finally, Legacy Wealth Management LLC MS grew its holdings in shares of Baker Hughes by 15.3% in the 2nd quarter. Legacy Wealth Management LLC MS now owns 6,484 shares of the company’s stock worth $360,000 after purchasing an additional 858 shares during the last quarter. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes Price Performance

Shares of Baker Hughes stock opened at $58.46 on Wednesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.77 and a current ratio of 2.13. The firm’s 50-day simple moving average is $59.75 and its 200-day simple moving average is $60.12. Baker Hughes has a twelve month low of $41.96 and a twelve month high of $70.41. The firm has a market cap of $58.00 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 2.52 and a beta of 0.96.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, July 26th. The company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.51 by $0.13. Baker Hughes had a net margin of 11.17% and a return on equity of 14.06%. The business had revenue of $6.74 billion for the quarter, compared to analysts’ expectations of $6.54 billion. During the same quarter in the previous year, the firm posted $0.63 earnings per share. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, research analysts expect that Baker Hughes will post 2.26 EPS for the current fiscal year.

Baker Hughes Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, August 17th. Stockholders of record on Friday, August 7th will be issued a $0.23 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.6%. Baker Hughes’s dividend payout ratio is presently 29.39%.

Baker Hughes News Roundup

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

• Positive Sentiment: Second-quarter results exceeded expectations. Baker Hughes reported adjusted EPS of $0.64 versus the $0.51 consensus and revenue of $6.74 billion, above estimates of $6.54 billion. Revenue increased 2.4% year over year, while strong cash flow and expanding margins supported the outlook. Baker Hughes earnings report
• Positive Sentiment: Energy Technology orders and backlog are key growth drivers. IET orders surged 49%, reaching a record level, and the company highlighted robust backlog growth and margin expansion. These trends are helping offset weaker near-term drilling activity. Baker Hughes Q2 earnings analysis
• Positive Sentiment: A major LNG contract strengthens the long-term story. Baker Hughes secured a comprehensive liquefaction-technology order from Venture Global for the CP2 LNG expansion in Louisiana. The award reinforces exposure to LNG infrastructure and rising power demand from artificial-intelligence data centers. Baker Hughes Venture Global LNG order
• Positive Sentiment: Analyst support improved. Susquehanna raised its price target from $70 to $72 and assigned a positive rating, while Piper Sandler maintained its Buy rating. A separate Wall Street Zen upgrade also adds to favorable sentiment.
• Neutral Sentiment: Third-quarter revenue guidance was broadly in line. Baker Hughes forecast revenue of approximately $6.9 billion, matching consensus, offering limited incremental upside from guidance alone. The company also declared a quarterly dividend of $0.23 per share.
• Negative Sentiment: Management expects global oil-and-gas producer spending to decline modestly in 2026. Growth in Latin America, offshore Africa, and North American land activity is expected to be offset by reduced spending in Europe and the Middle East, creating a headwind for conventional oilfield services. Baker Hughes spending outlook
• Negative Sentiment: Valuation and positioning may be limiting gains. One analysis characterized BKR as fairly valued after its recent operational improvement and cautioned that Middle East tensions and AI-related power demand could reverse. Unusually heavy put-option buying also signals increased near-term hedging or bearish speculation.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. UBS Group set a $51.00 price target on shares of Baker Hughes in a research report on Tuesday. Evercore reiterated an “outperform” rating and issued a $76.00 target price on shares of Baker Hughes in a research note on Monday, April 27th. Jefferies Financial Group reissued a “buy” rating on shares of Baker Hughes in a research report on Thursday, July 9th. HSBC boosted their price target on Baker Hughes from $67.00 to $85.00 and gave the company a “buy” rating in a research note on Monday, April 27th. Finally, Susquehanna raised their price objective on Baker Hughes from $70.00 to $72.00 and gave the stock a “positive” rating in a research report on Tuesday. Seventeen investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $69.95.

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.