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Baker Hughes
BKR

$32.93
0.09%
 

About: Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with a high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

Employees: 58,000

0
Funds holding %
of 6,702 funds
0
Analysts bullish %
of 6 analysts
0
News positive %
of 22 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

14% more repeat investments, than reductions

Existing positions increased: 299 | Existing positions reduced: 262

0% more funds holding in top 10

Funds holding in top 10: 7 [Q4 2023] → 7 (+0) [Q1 2024]

4% less capital invested

Capital invested by funds: $31.3B [Q4 2023] → $29.9B (-$1.38B) [Q1 2024]

1.83% less ownership

Funds ownership: 91.17% [Q4 2023] → 89.34% (-1.83%) [Q1 2024]

3% less funds holding

Funds holding: 755 [Q4 2023] → 729 (-26) [Q1 2024]

18% less call options, than puts

Call options by funds: $136M | Put options by funds: $165M

25% less first-time investments, than exits

New positions opened: 76 | Existing positions closed: 102

Research analyst outlook

6 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$39
18%
upside
Avg. target
$40
22%
upside
High target
$42
28%
upside

6 analyst ratings

positive
100%
neutral
0%
negative
0%
Benchmark
Kurt Hallead
21%upside
$40
Buy
Reiterated
24 Apr 2024
Susquehanna
Charles Minervino
21%upside
$40
Positive
Maintained
8 Apr 2024
RBC Capital
Keith Mackey
18%upside
$39
Outperform
Reiterated
1 Feb 2024
Barclays
David Anderson
28%upside
$42
Overweight
Maintained
26 Jan 2024
Citigroup
Scott Gruber
25%upside
$41
Buy
Maintained
26 Jan 2024

Financial journalist opinion

Based on 22 articles about BKR published over the past 30 days