Baker Hughes Company (BKR) shows a strong position in the stock market as the outlook leans toward bullish. Various firms like
Huntington National Bank and
Empowered Funds LLC have increased their stock positions while others like
Victory Capital Management Inc. and
WCM Investment Management LLC have reduced their stakes.
Capital World Investors also decreased its stake in the company.
Baker Hughes has
signed a significant gas recovery deal with SOCAR aiming to cut 11,000 tons of CO2. Their Q3-2024 results were announced recently, showing a strong financial performance even as it outperformed competitors on days of trading losses. Expectations are high for the stock as it set a new 52-week high due to strong growth and development, and high-value yield.
ING Groep NV,
Sumitomo Mitsui Trust Group Inc., and others have increased their holdings. The value of BKR as a profitable NASDAQ Stock is recognized. On another note, the CFO of the company,
Nancy Buese, sold $406,900 in stock, and the company announced leadership changes to continue strategic growth and customer success.
Baker Hughes Company BKR News Analytics from Thu, 23 May 2024 07:00:00 GMT to Sat, 16 Nov 2024 12:41:29 GMT -
Rating 7
- Innovation 4
- Information 9
- Rumor 3
