NBC Securities Inc. Grows Stock Position in Baker Hughes Company $BKR

Key Points

• NBC Securities Inc. increased its stake in Baker Hughes by 316.2% in Q4 and now owns 31,677 shares valued at about $1.443 million.
• Baker Hughes beat Q1 EPS ($0.58 vs. $0.49) while revenue was slightly below expectations, its shares jumped ~6.9%, and the board declared a quarterly dividend of $0.23 per share (≈1.3% yield).
• Despite high institutional ownership (about 92.06%), insiders have sold heavily—590,251 shares worth roughly $35.3 million in the past 90 days, leaving insiders with only 0.19% ownership.

NBC Securities Inc. raised its holdings in Baker Hughes Company (NASDAQ:BKR - Free Report) by 316.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 31,677 shares of the company's stock after buying an additional 24,066 shares during the quarter. NBC Securities Inc.'s holdings in Baker Hughes were worth $1,443,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Synergy Asset Management LLC acquired a new position in shares of Baker Hughes in the third quarter valued at about $1,920,000. Nordea Investment Management AB increased its holdings in shares of Baker Hughes by 12.7% in the fourth quarter. Nordea Investment Management AB now owns 2,755,743 shares of the company's stock valued at $125,813,000 after purchasing an additional 309,996 shares during the period. Legal & General Group Plc increased its holdings in shares of Baker Hughes by 5.4% in the third quarter. Legal & General Group Plc now owns 7,147,684 shares of the company's stock valued at $348,234,000 after purchasing an additional 367,728 shares during the period. Cibc World Market Inc. increased its holdings in shares of Baker Hughes by 13.6% in the third quarter. Cibc World Market Inc. now owns 829,816 shares of the company's stock valued at $40,429,000 after purchasing an additional 99,314 shares during the period. Finally, Vanguard Group Inc. increased its holdings in shares of Baker Hughes by 0.5% in the third quarter. Vanguard Group Inc. now owns 123,890,075 shares of the company's stock valued at $6,035,924,000 after purchasing an additional 598,159 shares during the period. 92.06% of the stock is currently owned by hedge funds and other institutional investors.

Baker Hughes Stock Up 6.9%

Shares of BKR stock opened at $68.94 on Friday. The stock has a 50 day moving average of $61.33 and a 200 day moving average of $53.70. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 0.28. The stock has a market cap of $68.13 billion, a P/E ratio of 22.03, a P/E/G ratio of 2.19 and a beta of 0.90. Baker Hughes Company has a twelve month low of $34.56 and a twelve month high of $69.86.

Baker Hughes (NASDAQ:BKR - Get Free Report) last announced its quarterly earnings results on Thursday, April 23rd. The company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.49 by $0.09. The company had revenue of $6.59 billion during the quarter, compared to analysts' expectations of $6.71 billion. Baker Hughes had a return on equity of 14.38% and a net margin of 11.17%.Baker Hughes's quarterly revenue was up 2.5% on a year-over-year basis. During the same period last year, the business earned $0.51 earnings per share. As a group, sell-side analysts expect that Baker Hughes Company will post 2.4 EPS for the current year.

Baker Hughes Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Tuesday, May 5th will be given a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.3%. The ex-dividend date is Tuesday, May 5th. Baker Hughes's dividend payout ratio (DPR) is currently 35.38%.

Insider Buying and Selling

In related news, insider Maria Georgia Magno sold 19,150 shares of Baker Hughes stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $59.11, for a total transaction of $1,131,956.50. Following the completion of the transaction, the insider directly owned 14,588 shares in the company, valued at approximately $862,296.68. This trade represents a 56.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director William G. Beattie sold 18,023 shares of Baker Hughes stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $57.29, for a total value of $1,032,537.67. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 590,251 shares of company stock valued at $35,311,023 in the last ninety days. Insiders own 0.19% of the company's stock.

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

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. UBS Group increased their price objective on Baker Hughes from $61.00 to $69.00 and gave the company a "neutral" rating in a report on Thursday, April 2nd. Zephirin Group increased their price objective on Baker Hughes from $40.00 to $45.00 and gave the company a "hold" rating in a report on Monday, January 26th. Royal Bank Of Canada increased their price objective on Baker Hughes from $63.00 to $68.00 and gave the company an "outperform" rating in a report on Tuesday, April 14th. Wall Street Zen lowered Baker Hughes from a "buy" rating to a "hold" rating in a report on Saturday, March 28th. Finally, BMO Capital Markets increased their price objective on Baker Hughes from $65.00 to $70.00 and gave the company an "outperform" rating in a report on Tuesday, March 3rd. Nineteen equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $61.86.

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.

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