Rakuten Investment Management Inc. Has $8.31 Million Position in Baker Hughes Company $BKR

17 Jun 2026, 08:52 by Scott Moore · The Cerbat Gem

Rakuten Investment Management Inc. raised its holdings in Baker Hughes Company (NASDAQ:BKR – Free Report) by 990.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 183,034 shares of the company’s stock after buying an additional 166,243 shares during the period. Rakuten Investment Management Inc.’s holdings in Baker Hughes were worth $8,306,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in BKR. Cullen Frost Bankers Inc. boosted its holdings in shares of Baker Hughes by 344.1% in the 4th quarter. Cullen Frost Bankers Inc. now owns 604 shares of the company’s stock valued at $27,000 after buying an additional 468 shares during the last quarter. Quarry LP acquired a new stake in shares of Baker Hughes in the 4th quarter valued at approximately $31,000. Acumen Wealth Advisors LLC acquired a new stake in shares of Baker Hughes in the 4th quarter valued at approximately $35,000. Golden State Wealth Management LLC boosted its holdings in shares of Baker Hughes by 786.5% in the 4th quarter. Golden State Wealth Management LLC now owns 789 shares of the company’s stock valued at $36,000 after buying an additional 700 shares during the last quarter. Finally, JFS Wealth Advisors LLC boosted its holdings in shares of Baker Hughes by 45.1% in the 4th 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 currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on BKR. Susquehanna boosted their price target on Baker Hughes from $70.00 to $80.00 and gave the stock a “positive” rating in a research report on Monday, April 27th. JPMorgan Chase & Co. boosted their price target on Baker Hughes from $60.00 to $74.00 and gave the stock an “overweight” rating in a research report on Monday, April 27th. HSBC boosted their price target on Baker Hughes from $67.00 to $85.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Stifel Nicolaus boosted their price target on Baker Hughes from $63.00 to $74.00 and gave the stock a “buy” rating in a research report on Monday, April 27th. Finally, Argus boosted their price target on Baker Hughes from $67.00 to $79.00 in a research report on Friday, May 1st. Eighteen equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $69.14.

View Our Latest Research Report on BKR

Baker Hughes Stock Down 1.5%

BKR opened at $61.52 on Wednesday. Baker Hughes Company has a fifty-two week low of $37.38 and a fifty-two week high of $70.41. 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 company has a market capitalization of $61.03 billion, a P/E ratio of 19.65, a P/E/G ratio of 2.22 and a beta of 0.93. The stock has a fifty day moving average of $64.18 and a 200-day moving average of $58.12.

Baker Hughes (NASDAQ:BKR – Get Free Report) last posted its quarterly earnings data on Thursday, April 23rd. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09. The firm had revenue of $6.59 billion during 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 14.17%. The business’s revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.51 EPS. On average, equities analysts expect that Baker Hughes Company will post 2.31 EPS for the current year.

Baker Hughes Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Tuesday, May 5th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend was Tuesday, May 5th. Baker Hughes’s dividend payout ratio is 29.39%.

Insider Buying and Selling at Baker Hughes

In other Baker Hughes news, CAO Rebecca L. Charlton sold 5,088 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $64.22, for a total transaction of $326,751.36. Following the completion of the transaction, the chief accounting officer directly owned 15,997 shares in the company, valued at $1,027,327.34. The trade was a 24.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lorenzo Simonelli sold 181,411 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The shares were sold at an average price of $63.36, for a total transaction of $11,494,200.96. Following the transaction, the chief executive officer owned 784,944 shares of the company’s stock, valued at approximately $49,734,051.84. This represents a 18.77% 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. Corporate insiders own 0.19% of the company’s stock.

Baker Hughes Profile

(Free Report)

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.