Canada Post Corp Registered Pension Plan Has $830,000 Stock Position in Baker Hughes Company $BKR

Canada Post Corp Registered Pension Plan lessened its stake in Baker Hughes Company (NASDAQ:BKR) by 58.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 16,420 shares of the company’s stock after selling 22,989 shares during the quarter. Canada Post Corp Registered Pension Plan’s holdings in Baker Hughes were worth $830,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently modified their holdings of the stock. Activest Wealth Management raised its position in Baker Hughes by 1,242.5% in the 3rd quarter. Activest Wealth Management now owns 537 shares of the company’s stock worth $26,000 after purchasing an additional 497 shares during the last quarter. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Baker Hughes by 104.0% during the third quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock worth $32,000 after acquiring an additional 337 shares during the last quarter. Harbour Investments Inc. boosted its holdings in Baker Hughes by 61.7% in the second quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock valued at $33,000 after acquiring an additional 326 shares during the last quarter. LFA Lugano Financial Advisors SA acquired a new stake in Baker Hughes in the second quarter worth about $36,000. Finally, Twin Peaks Wealth Advisors LLC acquired a new stake in Baker Hughes in the second quarter worth about $36,000. 92.06% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Baker Hughes

In other Baker Hughes news, CAO Rebecca L. Charlton sold 843 shares of the stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $56.34, for a total value of $47,494.62. Following the completion of the sale, the chief accounting officer 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 sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director William G. Beattie sold 18,023 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $57.29, for a total transaction of $1,032,537.67. The SEC filing for this sale provides additional information. Insiders have sold 20,851 shares of company stock worth $1,190,736 over the last ninety days. Insiders own 0.27% of the company’s stock.

Analysts Set New Price Targets

Several brokerages have recently issued reports on BKR. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Baker Hughes in a research note on Monday, December 29th. Argus upped their target price on shares of Baker Hughes from $55.00 to $67.00 in a research report on Tuesday, January 27th. Susquehanna raised their price target on Baker Hughes from $58.00 to $65.00 and gave the stock a “positive” rating in a research report on Tuesday, January 27th. Barclays upped their price objective on Baker Hughes from $55.00 to $57.00 and gave the company an “overweight” rating in a report on Tuesday, January 27th. Finally, HSBC lifted their price objective on shares of Baker Hughes from $54.00 to $56.00 and gave the stock a “buy” rating in a research note on Monday, October 27th. Twenty research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $58.30.

Baker Hughes Stock Up 2.7%

Shares of BKR stock opened at $58.92 on Monday. The firm’s fifty day moving average price is $50.12 and its two-hundred day moving average price is $47.81. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 0.28. Baker Hughes Company has a 1 year low of $33.60 and a 1 year high of $59.54. The firm has a market capitalization of $58.14 billion, a P/E ratio of 22.66, a PEG ratio of 1.59 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings data on Monday, January 26th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.67 by $0.11. Baker Hughes had a return on equity of 14.26% and a net margin of 9.33%.The company had revenue of $7.39 billion during the quarter, compared to analysts’ expectations of $7.09 billion. During the same quarter last year, the company earned $0.70 EPS. Baker Hughes’s revenue for the quarter was up .3% compared to the same quarter last year. On average, equities analysts predict that Baker Hughes Company will post 2.59 EPS for the current fiscal year.

Baker Hughes Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 27th. Stockholders of record on Tuesday, February 17th will be issued a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 1.6%. The ex-dividend date of this dividend is Tuesday, February 17th. Baker Hughes’s dividend payout ratio is presently 35.38%.

More Baker Hughes News

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

• Positive Sentiment: Baker Hughes won a preferred‑provider role to supply downstream chemicals to Marathon Petroleum across North America — a commercial win that supports recurring revenue and aftermarket exposure in refining, which can boost near‑term revenue visibility. Marathon deal
• Positive Sentiment: The company declared a quarterly cash dividend of $0.23 per share (record Feb 17, payable Feb 27), reinforcing shareholder returns and supporting investor income demand; yield ~1.6% and payout ratio remains moderate.
• Positive Sentiment: Analyst momentum and institutional buying: several firms recently raised price targets and multiple large institutions have added to positions, underpinning a favorable analyst/institutional backdrop and supporting demand for shares.
• Neutral Sentiment: Zacks and other commentary highlight BKR as a momentum/energy‑tech name after its multi‑year rally — useful context for momentum investors but not an immediate fundamental change. Zacks momentum piece
• Neutral Sentiment: A Yahoo Finance piece discusses whether current pricing reflects Baker Hughes’ expanding energy‑tech role after its rally — informative for valuation debates but not a discrete catalyst. Yahoo Finance
• Neutral Sentiment: Short interest data in the feed appears to show zero shares / NaN changes (likely a reporting quirk). Current short‑interest ratios are negligible per that report — if accurate, it reduces short‑squeeze risk; if erroneous, ignore until corrected.
• Negative Sentiment: Insider selling: Director William Beattie sold ~18,023 shares (~$1.03M) on Feb 3. Insider sales can be perceived negatively by some investors, especially if timed near highs, though one director sale is not uncommon and may be for personal reasons. Insider trade filing

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.