Kornitzer Capital Management Inc. KS Sells 12,117 Shares of Baker Hughes Company $BKR

Kornitzer Capital Management Inc. KS lowered its holdings in Baker Hughes Company (NASDAQ:BKR) by 8.0% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 139,430 shares of the company’s stock after selling 12,117 shares during the quarter. Kornitzer Capital Management Inc. KS’s holdings in Baker Hughes were worth $6,793,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Brandywine Global Investment Management LLC increased its holdings in shares of Baker Hughes by 8.2% in the 2nd quarter. Brandywine Global Investment Management LLC now owns 648,149 shares of the company’s stock valued at $24,850,000 after acquiring an additional 49,108 shares during the period. Synergy Asset Management LLC bought a new stake in Baker Hughes during the third quarter valued at about $1,920,000. Webster Bank N. A. purchased a new position in Baker Hughes in the third quarter valued at about $3,434,000. Robeco Institutional Asset Management B.V. raised its holdings in Baker Hughes by 23.9% in the third quarter. Robeco Institutional Asset Management B.V. now owns 458,415 shares of the company’s stock worth $22,334,000 after purchasing an additional 88,536 shares in the last quarter. Finally, Schroder Investment Management Group lifted its position in shares of Baker Hughes by 0.6% during the second quarter. Schroder Investment Management Group now owns 1,450,363 shares of the company’s stock valued at $55,607,000 after buying an additional 8,994 shares during the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Barclays lifted their price objective on shares of Baker Hughes from $55.00 to $57.00 and gave the stock an “overweight” rating in a research report on Tuesday. UBS Group raised their price objective on Baker Hughes from $48.00 to $54.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Weiss Ratings reissued a “buy (b)” rating on shares of Baker Hughes in a report on Monday, December 29th. Capital One Financial increased their price objective on shares of Baker Hughes from $53.00 to $59.00 and gave the company an “overweight” rating in a research report on Tuesday. Finally, Industrial Alliance Securities set a $60.00 target price on shares of Baker Hughes in a research report on Tuesday. Twenty-one investment 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 a consensus rating of “Moderate Buy” and a consensus price target of $56.35.

Key Baker Hughes News

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

• Positive Sentiment: Q4 results beat expectations — $0.78 EPS vs. $0.67 expected, revenue $7.39B vs. $7.09B est; IET segment drove adjusted profit growth and a stronger margin profile. Earnings beat
• Positive Sentiment: Multiple analysts raised targets/ratings after Q4: BMO to $65 (outperform), TD Cowen to $64 (buy), JPMorgan to $60 (overweight), Capital One to $59 (overweight) — these lifts suggest analyst conviction on upside. Analyst upgrades
• Positive Sentiment: Management highlighted significant revenue opportunity in Venezuela as a potential growth avenue (operational and legal risks noted), pointing to international upside if conditions permit. Venezuela opportunity
• Neutral Sentiment: Company issued Q1 and FY‑2026 revenue guidance ranges (Q1: $6.1B–$6.7B; FY: $26.2B–$28.3B) that overlap consensus but leave room for upside or downside versus expectations — contributes to mixed near‑term visibility.
• Neutral Sentiment: Analyst commentary and writeups point to a potential re‑rating of fair value as the company shifts toward industrial/energy‑tech growth; deeper read available. Fair value analysis
• Negative Sentiment: At least one shop (Zephirin Group) still has a hold rating and a $45 price target (raised from $40) — that target is well below current market levels and signals some analyst caution on valuation or execution risks. Zephirin PT
• Neutral Sentiment: Reported short‑interest data in feeds is noisy/zeroed out for January and provides no clear signal to the market right now.

Baker Hughes Stock Up 0.5%

BKR stock opened at $56.55 on Wednesday. The company has a market capitalization of $55.80 billion, a P/E ratio of 21.75, a price-to-earnings-growth ratio of 1.77 and a beta of 0.89. Baker Hughes Company has a 12 month low of $33.60 and a 12 month high of $57.58. The firm’s fifty day simple moving average is $48.80 and its 200-day simple moving average is $46.84. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Sunday, January 25th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.67 by $0.11. Baker Hughes had a net margin of 9.33% and a return on equity of 14.51%. The company had revenue of $7.39 billion during the quarter, compared to the consensus estimate of $7.09 billion. During the same period in the previous year, the firm posted $0.70 earnings per share. The firm’s quarterly revenue was up .3% on a year-over-year basis. As a group, equities research analysts forecast that Baker Hughes Company will post 2.59 earnings per share for the current year.

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.