Concurrent Investment Advisors LLC Has $5.61 Million Holdings in Baker Hughes Company $BKR

Key Points

• Concurrent Investment Advisors LLC boosted its stake in Baker Hughes by 94.1% in Q4 to 123,108 shares, valued at about $5.61 million.
• Baker Hughes beat Q1 EPS ( $0.58 vs. $0.49) with $6.59 billion in revenue and announced a quarterly dividend of $0.23 per share (1.3% yield; ex‑dividend May 5).
• Institutional investors own roughly 92% of the stock while insiders sold about 590,251 shares (~$35.3M) last quarter; analysts remain largely positive with a consensus "Moderate Buy" and an average price target of $62.82.

Concurrent Investment Advisors LLC boosted its stake in Baker Hughes Company (NASDAQ:BKR - Free Report) by 94.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 123,108 shares of the company's stock after buying an additional 59,670 shares during the quarter. Concurrent Investment Advisors LLC's holdings in Baker Hughes were worth $5,606,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the stock. Capital International Investors bought a new stake in shares of Baker Hughes in the 3rd quarter worth about $729,670,000. Capital World Investors raised its stake in shares of Baker Hughes by 7.1% in the third quarter. Capital World Investors now owns 47,546,388 shares of the company's stock valued at $2,316,462,000 after acquiring an additional 3,153,709 shares during the last quarter. First Trust Advisors LP grew its position in Baker Hughes by 25.7% during the 3rd quarter. First Trust Advisors LP now owns 9,325,417 shares of the company's stock worth $454,334,000 after acquiring an additional 1,906,384 shares during the last quarter. Capital Research Global Investors increased its holdings in Baker Hughes by 7.1% during the 3rd 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 in the last quarter. Finally, Merewether Investment Management LP boosted its stake in Baker Hughes by 359.7% in the third quarter. Merewether Investment Management LP now owns 2,165,846 shares of the company's stock worth $105,520,000 after purchasing an additional 1,694,700 shares in the last quarter. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Baker Hughes Stock Performance

Shares of BKR stock opened at $68.94 on Monday. Baker Hughes Company has a 12 month low of $34.56 and a 12 month high of $69.86. The company's fifty day simple moving average is $61.33 and its 200-day simple moving average is $53.78. The firm has a market cap of $68.13 billion, a PE ratio of 22.03, a P/E/G ratio of 2.34 and a beta of 0.90. The company has a quick ratio of 1.77, a current ratio of 2.13 and a debt-to-equity ratio of 0.79.

Baker Hughes (NASDAQ:BKR - Get Free Report) last issued its quarterly earnings results on Thursday, April 23rd. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.09. Baker Hughes had a net margin of 11.17% and a return on equity of 14.17%. The firm had revenue of $6.59 billion for the quarter, compared to analyst estimates of $6.71 billion. During the same period in the previous year, the business earned $0.51 EPS. The company's revenue was up 2.5% compared to the same quarter last year. Equities research analysts expect that Baker Hughes Company will post 2.4 EPS for the current fiscal year.

Baker Hughes Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th will be given a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $0.92 annualized dividend and a dividend yield of 1.3%. Baker Hughes's payout ratio is 29.39%.

Trending Headlines about Baker Hughes

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

• Positive Sentiment: Q1 results beat expectations and showed profit strength, supporting the rally; analysts and reports highlighted upside to EPS and better‑than‑expected margins. Baker Hughes beats first-quarter profit boosted by industrial, energy tech demand
• Positive Sentiment: Record IET orders/backlog and portfolio actions increased forward revenue visibility and cash proceeds (JV and asset sales cited by management), which investors interpreted as materially de‑risking growth and improving liquidity. Baker Hughes jumps as Q1 results highlight record IET orders and a stronger balance sheet after portfolio moves
• Positive Sentiment: Near‑term oil supply disruption (Strait of Hormuz) is expected to keep global supplies tighter, prompting major oilfield services firms including Baker Hughes to forecast higher E&P spending — a tailwind for equipment and services demand. SLB, Baker Hughes see oil exploration spending rising as Iran war disrupts supply
• Positive Sentiment: The board declared a quarterly cash dividend of $0.23 per share, which supports income‑oriented investor interest. Baker Hughes Declares Quarterly Dividend
• Neutral Sentiment: Full Q1 presentation and earnings call transcript are available for detail; these provide color on segment results, backlog and management guidance. BKR Q1 2026 Earnings Call Transcript Q1 Results Presentation
• Neutral Sentiment: Short‑interest reporting appears anomalous (reported as zero in the data snapshot) and is not providing a clear signal today.
• Negative Sentiment: Significant insider selling has been reported in recent months, which some investors view as a governance/timing concern; also some reports flag mixed cash‑flow trends and rising liabilities that merit watching. Baker Hughes Releases Q1 2026 Earnings: Revenue and EPS Beat, Net Income Rebound

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. JPMorgan Chase & Co. raised their price objective on shares of Baker Hughes from $53.00 to $60.00 and gave the company an "overweight" rating in a research report on Tuesday, January 27th. Capital One Financial lifted their price objective on Baker Hughes from $60.00 to $66.00 and gave the stock an "overweight" rating in a research report on Friday, April 10th. UBS Group boosted their price target on shares of Baker Hughes from $61.00 to $69.00 and gave the stock a "neutral" rating in a research note on Thursday, April 2nd. Royal Bank Of Canada raised their target price on Baker Hughes from $63.00 to $68.00 and gave the stock an "outperform" rating in a report on Tuesday, April 14th. Finally, Johnson Rice assumed coverage on Baker Hughes in a research note on Wednesday, February 25th. They set a "buy" rating and a $68.00 price objective on the stock. Nineteen research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Baker Hughes has an average rating of "Moderate Buy" and a consensus price target of $62.82.

Insider Buying and Selling

In related news, insider Maria Georgia Magno sold 5,063 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $59.04, for a total transaction of $298,919.52. Following the transaction, the insider directly owned 15,555 shares in the company, valued at approximately $918,367.20. The trade was a 24.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Rebecca L. Charlton sold 843 shares of the company's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $56.34, for a total transaction of $47,494.62. Following the sale, the chief accounting officer directly owned 14,019 shares in the company, valued at $789,830.46. This trade represents a 5.67% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 590,251 shares of company stock worth $35,311,023. 0.19% of the stock is currently owned by company insiders.

Baker Hughes Company 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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