Lombard Odier Asset Management Switzerland SA Makes New $888,000 Investment in Baker Hughes Company $BKR

Lombard Odier Asset Management Switzerland SA bought a new stake in Baker Hughes Company (NASDAQ:BKR) during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 14,540 shares of the company’s stock, valued at approximately $888,000.

Several other large investors have also modified their holdings of the business. EFG International AG purchased a new stake in Baker Hughes in the 4th quarter valued at about $26,000. Cullen Frost Bankers Inc. boosted its stake in Baker Hughes by 344.1% during the fourth quarter. Cullen Frost Bankers Inc. now owns 604 shares of the company’s stock worth $27,000 after buying an additional 468 shares during the period. Meeder Asset Management Inc. boosted its stake in Baker Hughes by 49.0% during the first quarter. Meeder Asset Management Inc. now owns 651 shares of the company’s stock worth $40,000 after buying an additional 214 shares during the period. Quarry LP acquired a new stake in shares of Baker Hughes during the fourth quarter valued at about $31,000. Finally, MV Capital Management Inc. acquired a new stake in shares of Baker Hughes during the fourth quarter valued at about $34,000. Institutional investors and hedge funds own 92.06% of the company’s stock.

Baker Hughes Trading Up 5.8%

NASDAQ BKR opened at $60.59 on Tuesday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.77 and a current ratio of 2.13. The firm has a market cap of $60.11 billion, a price-to-earnings ratio of 19.36, a PEG ratio of 2.38 and a beta of 0.96. The firm has a 50 day simple moving average of $59.89 and a 200-day simple moving average of $60.05. Baker Hughes Company has a one year low of $41.96 and a one year high of $70.41.

Baker Hughes (NASDAQ:BKR) last announced its earnings results on Sunday, July 26th. The company reported $0.64 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.13. The firm had revenue of $6.74 billion for the quarter, compared to the consensus estimate of $6.54 billion. Baker Hughes had a net margin of 11.17% and a return on equity of 14.17%. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm earned $0.63 EPS. Equities research analysts anticipate that Baker Hughes Company will post 2.26 EPS for the current fiscal year.

Baker Hughes Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, August 17th. Shareholders of record on Friday, August 7th will be paid a $0.23 dividend. The ex-dividend date is Friday, August 7th. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. Baker Hughes’s payout ratio is 29.39%.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on BKR shares. Stifel Nicolaus upped their price objective on shares of Baker Hughes from $63.00 to $74.00 and gave the stock a “buy” rating in a report on Monday, April 27th. UBS Group lifted their target price on shares of Baker Hughes from $69.00 to $73.00 and gave the company a “neutral” rating in a report on Monday, April 27th. Royal Bank Of Canada boosted their target price on Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a research report on Monday, April 27th. Jefferies Financial Group restated a “buy” rating on shares of Baker Hughes in a research report on Thursday, July 9th. Finally, TD Cowen lifted their price objective on Baker Hughes from $75.00 to $77.00 and gave the company a “buy” rating in a research note on Thursday, July 2nd. Eighteen equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, Baker Hughes has a consensus rating of “Moderate Buy” and a consensus price target of $70.00.

Baker Hughes News Summary

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

• Positive Sentiment: Baker Hughes reported adjusted second-quarter EPS of $0.64, topping the $0.49 consensus estimate, while revenue of $6.74 billion exceeded expectations by $230 million and rose 2.4% year over year. Baker Hughes earnings report
• Positive Sentiment: The Industrial & Energy Technology segment was the primary growth driver. Second-quarter orders reached $10.5 billion, including $7.1 billion from IET, while total remaining performance obligations reached $40.1 billion, supported by a record $37.1 billion IET backlog. Baker Hughes second-quarter results
• Positive Sentiment: The company secured a major LNG technology order from Venture Global for the CP2 expansion in Louisiana, reinforcing its exposure to LNG infrastructure and long-term energy demand. Baker Hughes Venture Global LNG order
• Positive Sentiment: Baker Hughes declared a quarterly dividend of $0.23 per share, payable August 17 to shareholders of record August 7, providing continued income support for investors. Baker Hughes dividend announcement
• Neutral Sentiment: Third-quarter revenue guidance was approximately $6.9 billion, broadly in line with analyst expectations. The company did not provide a clear EPS guidance figure in the supplied update.
• Negative Sentiment: Baker Hughes expects global oil and gas producer spending to decline modestly in 2026, with lower spending in Europe and the Middle East offsetting growth elsewhere. The company also saw unusually heavy put-option activity, signaling increased near-term hedging or bearish speculation. Reuters oil and gas spending outlook
• Negative Sentiment: Some analysts view BKR as fairly valued after its rally. Potential volatility from Middle East tensions, commodity prices and the Chart Industries integration could limit further upside despite strong operating momentum.

Insider Buying and Selling at Baker Hughes

In other news, CAO Rebecca L. Charlton sold 5,088 shares of the company’s stock in a transaction on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the sale, the chief accounting officer owned 15,997 shares of the company’s stock, valued at approximately $1,027,327.34. This represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lorenzo Simonelli sold 181,411 shares of the stock in a transaction on Monday, June 22nd. The shares were sold at an average price of $58.43, for a total value of $10,599,844.73. Following the completion of the sale, the chief executive officer owned 703,444 shares in the company, valued at approximately $41,102,232.92. The trade was a 20.50% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 367,910 shares of company stock valued at $22,420,797. Insiders own 0.19% of the company’s stock.

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.