Baker Hughes Company (NASDAQ:BKR) has been a major subject in recent reports.
Investment firms have made considerable transactions in Baker Hughes shares.
IFM Investors Pty Ltd portfolio includes an $11.85 million holding in BKR. Also,
Vontobel Holding Ltd. and many others have sold a significant amount of BKR shares. On the contrary,
DSG Capital Advisors and others have acquired new investments. In acquisition news, BKR has bought
Continental Disc Corporation, marking a strategic $540 million move into safety tech. This move coincides with the sale of its sensor unit to
Crane Company for $1.15 billion. The companyβs recent actions have led to mixed reviews. Some analysts predict weaker earnings for BKR, while others maintain a 'Moderate Buy' recommendation or a neutral stance. Besides, the
North Sea Contract with Equinor symbolizes BKR's significant footprint in the oil industry. Despite recent downturns in BKR's stock price, its robust backlog presents an opportunity for investors. Overall, BKR's activities reflect a balance of stock market fluctuation, strategic deals, and solid return for investors.
Baker Hughes Company BKR News Analytics from Sat, 30 Nov 2024 08:00:00 GMT to Sat, 05 Jul 2025 11:01:23 GMT -
Rating +3
- Innovation +1
- Information +5
- Rumor -3