Baidu, Inc. $BIDU Stake Lessened by Sumitomo Mitsui Trust Group Inc.

Key Points

• Sumitomo Mitsui Trust Group cut its Baidu stake by 13.7% in the third quarter, selling 28,450 shares; it retained 179,660 shares valued at about $15.6 million.
• Baidu shares opened at $79.48, near their 12-month low of $75.80 and well below the 12-month high of $165.30.
• Analyst views were mixed: MarketBeat reported an overall “Hold” rating and a consensus price target of $143.14, with 11 Buy, four Hold, and three Sell ratings.

Sumitomo Mitsui Trust Group Inc. lowered its holdings in Baidu, Inc. (NASDAQ:BIDU - Free Report) by 13.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 179,660 shares of the information services provider's stock after selling 28,450 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.05% of Baidu worth $15,607,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in BIDU. Signature Equity Partners LLC purchased a new position in Baidu during the first quarter worth about $25,000. Rakuten Securities Inc. boosted its stake in Baidu by 20.0% in the 2nd quarter. Rakuten Securities Inc. now owns 587 shares of the information services provider's stock worth $67,000 after buying an additional 98 shares during the last quarter. EverSource Wealth Advisors LLC grew its holdings in Baidu by 17.3% in the 1st quarter. EverSource Wealth Advisors LLC now owns 1,090 shares of the information services provider's stock valued at $121,000 after buying an additional 161 shares during the period. Triglav Investments D.O.O. purchased a new stake in Baidu in the 1st quarter valued at about $155,000. Finally, TD Waterhouse Canada Inc. grew its holdings in Baidu by 108.6% in the 3rd quarter. TD Waterhouse Canada Inc. now owns 1,414 shares of the information services provider's stock valued at $121,000 after buying an additional 736 shares during the period.

Baidu Stock Performance

Baidu stock opened at $79.48 on Friday. The stock's 50-day moving average is $86.22 and its 200-day moving average is $113.26. The company has a market cap of $27.04 billion, a price-to-earnings ratio of -37.67, a price-to-earnings-growth ratio of 4.22 and a beta of 0.60. The company has a debt-to-equity ratio of 0.28, a current ratio of 2.33 and a quick ratio of 2.33. Baidu, Inc. has a 12 month low of $75.80 and a 12 month high of $165.30.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Zacks Research raised shares of Baidu from a "strong sell" rating to a "hold" rating in a research note on Monday, October 19th. Weiss Ratings reissued a "sell (d)" rating on shares of Baidu in a research report on Thursday, August 13th. Morgan Stanley downgraded shares of Baidu from an "equal weight" rating to an "underweight" rating and lowered their target price for the company from $130.00 to $80.00 in a report on Wednesday, August 19th. Susquehanna dropped their price target on shares of Baidu from $140.00 to $105.00 and set a "neutral" rating for the company in a research report on Friday, August 28th. Finally, Arete Research lowered shares of Baidu from a "buy" rating to a "neutral" rating and set a $108.00 price target for the company. in a research report on Monday, September 7th. Eleven research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have issued a Sell rating to the company. Based on data from MarketBeat.com, Baidu currently has an average rating of "Hold" and a consensus target price of $143.14.

Baidu News Summary

Here are the key news stories impacting Baidu this week:

• Neutral Sentiment: Wall Street analysts’ average brokerage recommendation is equivalent to a Buy, but the report cautions that analyst recommendations can be overly optimistic, making this a limited positive signal. Article: Is Baidu Inc. a Buy as Wall Street Analysts Look Optimistic?
• Negative Sentiment: The securities class action alleges that Baidu’s disclosures about its “Core AI-powered Business” relied on unaudited internal management data and did not adequately warn that declining legacy advertising revenue might outpace AI growth. The repeated law-firm notices highlight litigation risk for investors who bought shares during the alleged class period, November 18, 2025–August 17, 2026. Article: BIDU Shareholder Alert
• Negative Sentiment: A recent Q3 preview from Seeking Alpha flagged rising disintermediation risk and downgraded Baidu to Sell, adding to concerns about competitive pressure on its business. Article: Baidu Q3 2026 Preview

Baidu Profile

Baidu, Inc NASDAQ: BIDU is a Chinese internet and artificial intelligence company founded in 2000 by Robin Li and Eric Xu. The company began as an internet search provider and has expanded into a broad technology platform serving consumers, businesses and public-sector organizations.

Baidu's consumer products include its search engine, Baidu App, Baidu Baike, Baidu Maps, Baidu Tieba and Baidu Wenku. Its business services include online advertising, cloud computing and AI Cloud offerings.

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