Baker Hughes Company $BKR Shares Acquired by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management increased its Baker Hughes stake by 150.6% in Q4, buying 690,482 shares to own 1,148,897 shares worth about $52.3 million, while institutional investors collectively hold roughly 92.06% of the stock.
• Baker Hughes agreed to sell Waygate Technologies to Hexagon for about $1.45 billion (expected to close H2 2026), and reported a Q4 beat with EPS $0.78 vs. $0.67 expected and revenue $7.39B vs. $7.09B, strengthening cash position and supporting capital-allocation options.
• Analyst sentiment is largely positive — 20 Buys and 2 Holds with a consensus target of $60.70 and recent price-target upgrades (e.g., BMO to $70, Citi to $69); the stock opened around $62.56 with a market cap of $61.8B and a 1.5% dividend yield.

Robeco Institutional Asset Management B.V. lifted its stake in shares of Baker Hughes Company (NASDAQ:BKR - Free Report) by 150.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,148,897 shares of the company's stock after buying an additional 690,482 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.12% of Baker Hughes worth $52,321,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in BKR. Capital International Investors acquired a new position in Baker Hughes during the third quarter valued at $729,670,000. Capital World Investors lifted its position in Baker Hughes by 7.1% during the third quarter. Capital World Investors now owns 47,546,388 shares of the company's stock valued at $2,316,462,000 after purchasing an additional 3,153,709 shares during the period. First Trust Advisors LP lifted its position in Baker Hughes by 25.7% during the third quarter. First Trust Advisors LP now owns 9,325,417 shares of the company's stock valued at $454,334,000 after purchasing an additional 1,906,384 shares during the period. Capital Research Global Investors lifted its position in Baker Hughes by 7.1% during the third quarter. Capital Research Global Investors now owns 25,903,241 shares of the company's stock valued at $1,262,033,000 after purchasing an additional 1,728,016 shares during the period. Finally, Merewether Investment Management LP lifted its position in Baker Hughes by 359.7% during the third quarter. Merewether Investment Management LP now owns 2,165,846 shares of the company's stock valued at $105,520,000 after purchasing an additional 1,694,700 shares during the period. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently issued reports on BKR shares. BMO Capital Markets boosted their target price on shares of Baker Hughes from $65.00 to $70.00 and gave the company an "outperform" rating in a research report on Tuesday, March 3rd. Royal Bank Of Canada restated an "outperform" rating and set a $57.00 target price on shares of Baker Hughes in a research report on Thursday, January 15th. Citigroup boosted their target price on shares of Baker Hughes from $64.00 to $69.00 and gave the company a "buy" rating in a research report on Monday, April 6th. TD Cowen boosted their target price on shares of Baker Hughes from $55.00 to $64.00 and gave the company a "buy" rating in a research report on Tuesday, January 27th. Finally, Stifel Nicolaus upped their price objective on shares of Baker Hughes from $58.00 to $63.00 and gave the stock a "buy" rating in a research report on Monday, February 2nd. Twenty equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $60.70.

Key Baker Hughes News

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

• Positive Sentiment: Baker Hughes agreed to sell Waygate Technologies to Hexagon for roughly $1.45 billion in an all‑cash deal, expected to close in H2 2026 — the divestiture trims non‑core exposure, improves cash position and can fund buybacks/debt reduction or reallocation to core oilfield and energy tech businesses. Baker Hughes Announces Sale of Waygate Technologies to Hexagon
• Positive Sentiment: Baker Hughes reported a Q4 beat (EPS and revenue above expectations in January) and showed solid margins, which underpins near‑term profitability and supports analyst revisions. Reflecting On Oilfield Services Stocks’ Q4 Earnings: Baker Hughes
• Positive Sentiment: Deal flow in growth areas: Baker Hughes’ Argentina NovaLT agreement highlights exposure to gas and LNG growth markets, reinforcing the company’s longer‑term growth narrative outside pure oilfield services. Baker Hughes Argentina NovaLT Deal Highlights Gas And LNG Growth Story
• Positive Sentiment: An analyst price target was raised to $66, reflecting more favorable estimates after recent results and portfolio moves — a signal that some sell‑side analysts see upside from current levels. Baker Hughes NASDAQ: BKR Price Target Raised to $66.00
• Neutral Sentiment: Analysts are reworking valuation assumptions across Baker Hughes (and peers), adjusting growth, margin and capital‑allocation forecasts — this creates short‑term volatility as markets digest model changes. How The Baker Hughes (BKR) Story Is Shifting As Analysts Rework Valuation Assumptions
• Neutral Sentiment: Several news aggregators and market rundowns flagged Baker Hughes as a stock to watch today following the Waygate sale and recent analyst commentary — increased attention can amplify intraday moves but doesn’t by itself change fundamentals. 4 stocks to watch on Monday: RVMD, GS, BKR, MCD

Baker Hughes Trading Down 0.4%

Shares of Baker Hughes stock opened at $62.56 on Tuesday. The firm has a 50-day simple moving average of $60.90 and a two-hundred day simple moving average of $52.96. The company has a market cap of $61.82 billion, a P/E ratio of 24.06, a price-to-earnings-growth ratio of 1.75 and a beta of 0.90. Baker Hughes Company has a fifty-two week low of $34.56 and a fifty-two week high of $67.00. The company has a debt-to-equity ratio of 0.28, a quick ratio of 1.00 and a current ratio of 1.36.

Baker Hughes (NASDAQ:BKR - Get Free Report) last issued its quarterly earnings data 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 net margin of 9.33% and a return on equity of 14.26%. The company's revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.70 earnings per share. As a group, equities analysts predict that Baker Hughes Company will post 2.59 earnings per share for the current fiscal year.

Baker Hughes Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th were paid a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, February 17th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.5%. Baker Hughes's payout ratio is currently 35.38%.

Insider Activity at Baker Hughes

In other news, Director William G. Beattie sold 18,023 shares of the business's stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $57.29, for a total transaction of $1,032,537.67. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Lorenzo Simonelli sold 272,594 shares of the business's stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $58.79, for a total transaction of $16,025,801.26. Following the sale, the chief executive officer directly owned 866,444 shares of the company's stock, valued at $50,938,242.76. This represents a 23.93% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 590,251 shares of company stock worth $35,311,023 over the last three months. Company insiders own 0.27% of the company's stock.

Baker Hughes Profile

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.

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