Mutual of America Capital Management LLC Cuts Holdings in Baker Hughes Company $BKR

Mutual of America Capital Management LLC trimmed its position in Baker Hughes Company (NASDAQ:BKR) by 16.2% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 180,690 shares of the company’s stock after selling 34,881 shares during the period. Mutual of America Capital Management LLC’s holdings in Baker Hughes were worth $8,803,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the company. Norges Bank bought a new position in shares of Baker Hughes in the second quarter valued at approximately $862,722,000. First Trust Advisors LP lifted its holdings in Baker Hughes by 76.0% during the second quarter. First Trust Advisors LP now owns 7,419,033 shares of the company’s stock worth $284,446,000 after acquiring an additional 3,203,942 shares during the period. Sei Investments Co. boosted its position in Baker Hughes by 247.5% in the second quarter. Sei Investments Co. now owns 3,134,494 shares of the company’s stock worth $120,177,000 after purchasing an additional 2,232,394 shares during the last quarter. American Century Companies Inc. grew its stake in Baker Hughes by 38.0% in the 2nd quarter. American Century Companies Inc. now owns 7,602,803 shares of the company’s stock valued at $291,492,000 after purchasing an additional 2,094,079 shares during the period. Finally, Invesco Ltd. increased its position in shares of Baker Hughes by 18.9% during the 2nd quarter. Invesco Ltd. now owns 12,834,534 shares of the company’s stock valued at $492,076,000 after purchasing an additional 2,044,402 shares during the last quarter. Institutional investors own 92.06% of the company’s stock.

Baker Hughes News Roundup

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

• Positive Sentiment: Q4 beat and segment strength — BKR beat EPS and revenue expectations with $0.78/share and $7.39B in revenue; adjusted profit and record EBITDA were driven by strength in the Industrial & Energy Technology (IET) unit, which offsets softness in legacy oilfield services. Earnings Beat
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms raised ratings/targets (TD Cowen to $64, BMO to $65, JPMorgan to $60, Capital One to $59), signaling cross-market bullishness and supporting upside expectations. Capital One Target Raise BMO / The Fly Coverage JPMorgan Note
• Positive Sentiment: Momentum: shares reached a new 1‑year high following upgrades, indicating bullish positioning by investors and funds. 1-Year High Coverage
• Neutral Sentiment: Venezuela opportunity noted — Management highlighted meaningful revenue potential in Venezuela but emphasized safety, employee conditions and legal/regulatory clarity as gating factors; this is opportunity + execution risk. Reuters: Venezuela Opportunity
• Neutral Sentiment: Company issued revenue ranges for Q1 and FY2026 but did not provide concrete EPS targets in the release, leaving guidance somewhat broad (Q1 and FY revenue ranges were provided). See the slide deck/press materials for details. Press Slide Deck
• Neutral Sentiment: Short-interest report shows no meaningful change (data appears to report zeros/incomplete), so it is not a current driver of price action.
• Negative Sentiment: Analyst dissent and lower targets exist — a smaller shop (Zephirin Group) still has a $45 target/hold rating, highlighting some disagreement on upside and valuation sensitivity. Zephirin Note
• Negative Sentiment: Guidance ambiguity — the absence of explicit EPS guidance increases near-term uncertainty; investors may re-rate if future profitability guidance is not forthcoming or misses expectations.

Analyst Ratings Changes

A number of brokerages recently weighed in on BKR. Jefferies Financial Group boosted their price target on shares of Baker Hughes from $58.00 to $59.00 and gave the stock a “buy” rating in a report on Thursday, November 20th. Bank of America lifted their price objective on shares of Baker Hughes from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Industrial Alliance Securities set a $60.00 target price on shares of Baker Hughes in a research note on Tuesday. Citigroup restated a “buy” rating on shares of Baker Hughes in a research note on Tuesday. Finally, Zephirin Group lifted their price target on shares of Baker Hughes from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Monday. Twenty-one research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $56.35.

Baker Hughes Stock Performance

NASDAQ BKR opened at $56.55 on Wednesday. The firm has a market cap 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. The company has a quick ratio of 1.00, a current ratio of 1.41 and a debt-to-equity ratio of 0.33. The company’s 50 day moving average is $48.80 and its 200-day moving average is $46.84. Baker Hughes Company has a 12-month low of $33.60 and a 12-month high of $57.58.

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings data on Sunday, January 25th. The company reported $0.78 earnings per share 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 business had revenue of $7.39 billion during the quarter, compared to analyst estimates of $7.09 billion. During the same period in the previous year, the business earned $0.70 EPS. Baker Hughes’s revenue was up .3% compared to the same quarter last year. Sell-side analysts predict that Baker Hughes Company will post 2.59 earnings per share for the current year.

About Baker Hughes

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.