Baker Hughes Company (BKR) has been an industry focus amidst a myriad of recent activities. An insider had offloaded 526,568 shares of stock alongside another executive's sale of $22,500.00 worth of share. Despite this, the Q2 report of 2025 revealed impressive earnings that outperformed projections, primarily due to robust demand for natural gas technology. This fuelled a rally that saw the company's stock surge 11.6% over five days. The company further reported a notable increase in Q2 profits and a record backlog of $31.3B indicating strategic transformations ahead. In other movements, Choreo LLC sold 6,980 and Y Intercept Hong Kong Ltd followed by offloading 23,602 of its BKR shares. On the positive side, Convergence Investment Partners LLC, Pacer Advisors Inc., Knights of Columbus Asset Advisors LLC, and Oak Thistle LLC amongst others significantly increased their stakes in BKR. Following reports of higher than expected returns, analysts have raised their price targets for BKR and the stock maintains an 'average buy' rating. The company maintains a steady quarterly dividend of $0.23 to shareholders and expressed optimism for the future.
Baker Hughes Company BKR News Analytics from Sun, 26 Jan 2025 08:00:00 GMT to Sat, 26 Jul 2025 22:49:50 GMT -
Rating 6
- Innovation 4
- Information 8
- Rumor -2
