Pinion Investment Advisors LLC Makes New $778,000 Investment in Baker Hughes Company $BKR

Key Points

• Pinion Investment Advisors LLC initiated a new position in Baker Hughes (NASDAQ:BKR) in Q4, buying 17,087 shares worth about $778,000, while other institutions modestly adjusted stakes and overall institutional ownership stands at 92.06%.
• Q1 results beat expectations with EPS of $0.58 (vs. $0.49 est.), the company reported record IET orders/backlog and declared a quarterly dividend of $0.23, which management says improves forward revenue visibility and liquidity.
• Significant insider selling was reported—590,251 shares worth about $35.3 million sold in the last 90 days—which some investors view as a potential governance or timing concern despite insiders owning only 0.19% of shares.

Pinion Investment Advisors LLC bought a new position in shares of Baker Hughes Company (NASDAQ:BKR - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 17,087 shares of the company's stock, valued at approximately $778,000.

Several other hedge funds have also modified their holdings of the company. Krilogy Financial LLC lifted its position in shares of Baker Hughes by 3.2% during the fourth quarter. Krilogy Financial LLC now owns 5,722 shares of the company's stock valued at $261,000 after buying an additional 180 shares during the last quarter. Formidable Asset Management LLC lifted its position in shares of Baker Hughes by 3.2% during the fourth quarter. Formidable Asset Management LLC now owns 7,341 shares of the company's stock valued at $358,000 after buying an additional 225 shares during the last quarter. CoreCap Advisors LLC lifted its position in shares of Baker Hughes by 16.4% during the fourth quarter. CoreCap Advisors LLC now owns 1,619 shares of the company's stock valued at $74,000 after buying an additional 228 shares during the last quarter. AMG National Trust Bank lifted its position in shares of Baker Hughes by 3.7% during the third quarter. AMG National Trust Bank now owns 6,831 shares of the company's stock valued at $333,000 after buying an additional 246 shares during the last quarter. Finally, JFS Wealth Advisors LLC lifted its position in shares of Baker Hughes by 45.1% during the fourth quarter. JFS Wealth Advisors LLC now owns 811 shares of the company's stock valued at $37,000 after buying an additional 252 shares during the last quarter. 92.06% of the stock is owned by hedge funds and other institutional investors.

Baker Hughes News Summary

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

Insider Activity

In other news, CAO Rebecca L. Charlton sold 843 shares of the firm's stock in a transaction that occurred on Tuesday, February 3rd. The shares were sold at an average price of $56.34, for a total transaction of $47,494.62. Following the sale, the chief accounting officer owned 14,019 shares of the company's stock, valued at $789,830.46. This trade represents a 5.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Maria Georgia Magno sold 5,063 shares of the firm's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $59.04, for a total transaction of $298,919.52. Following the sale, the insider directly owned 15,555 shares in the company, valued at $918,367.20. The trade was a 24.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 590,251 shares of company stock worth $35,311,023 over the last 90 days. Company insiders own 0.19% of the company's stock.

Wall Street Analysts Forecast Growth

BKR has been the subject of several analyst reports. Royal Bank Of Canada increased their price target on shares of Baker Hughes from $63.00 to $68.00 and gave the company an "outperform" rating in a research report on Tuesday, April 14th. Zephirin Group increased their price target on shares of Baker Hughes from $40.00 to $45.00 and gave the company a "hold" rating in a research report on Monday, January 26th. Wall Street Zen lowered shares of Baker Hughes from a "buy" rating to a "hold" rating in a research report on Saturday, March 28th. UBS Group increased their price objective on shares of Baker Hughes from $61.00 to $69.00 and gave the company a "neutral" rating in a research report on Thursday, April 2nd. Finally, Evercore reaffirmed an "outperform" rating and issued a $68.00 price objective on shares of Baker Hughes in a research report on Wednesday, February 11th. Nineteen 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, Baker Hughes currently has an average rating of "Moderate Buy" and a consensus target price of $61.86.

Baker Hughes Price Performance

Shares of NASDAQ:BKR opened at $68.94 on Friday. Baker Hughes Company has a twelve month low of $34.56 and a twelve month high of $69.86. The company's 50 day moving average is $61.33 and its 200 day moving average is $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 company has a market cap of $68.13 billion, a PE ratio of 22.03, a price-to-earnings-growth ratio of 2.19 and a beta of 0.90.

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 for the quarter, topping the consensus estimate of $0.49 by $0.09. The company had revenue of $6.59 billion for the quarter, compared to the consensus estimate of $6.71 billion. Baker Hughes had a net margin of 11.17% and a return on equity of 14.38%. Baker Hughes's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.51 EPS. On average, sell-side analysts forecast that Baker Hughes Company will post 2.4 EPS for the current year.

Baker Hughes Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th will be paid a dividend of $0.23 per share. The ex-dividend date of this dividend is Tuesday, May 5th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.3%. Baker Hughes's dividend payout ratio (DPR) is presently 35.38%.

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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