BKR's 479th-Ranked 220M Volume Amid Nuveen Stake Buy, Earnings Beat, and Analyst Price Target Hikes Despite Revenue Decline

On August 12, 2025, Baker Hughes (BKR) closed at a 0.44% decline with a trading volume of $220 million, ranking 479th in market activity. Institutional investor Nuveen LLC acquired a new stake in the company, purchasing 9.2 million shares valued at $404 million, representing 0.93% of outstanding stock. This followed the firm’s Q2 earnings report, which revealed a $0.63 EPS beat but a 3.2% year-over-year revenue decline. Analysts remain cautiously optimistic, with TD Cowen raising its price target to $54 and Jefferies setting $58, reflecting confidence in the company’s industrial and energy technology segments.

Recent insider activity included CEO Lorenzo Simonelli’s sale of 526,568 shares, reducing his holdings by 44.1%. Meanwhile, the company announced a $0.23 quarterly dividend, payable August 15, with a 2.1% yield. Institutional ownership remains strong, with Vanguard and other major funds collectively holding 92.06% of shares. Despite a soft earnings quarter, adjusted EBITDA rose 7% year-over-year to $1.21 billion, highlighting operational efficiency gains.

Analyst sentiment remains mixed, with 18 “buy” ratings and three “hold” ratings. However, macroeconomic headwinds persist, as Baker Hughes warned of a potential slowdown in upstream oil spending, particularly in North America. The firm is pivoting toward LNG infrastructure and digital energy solutions, which have shown resilience amid sector volatility. MarketBeat’s consensus target price stands at $51.47, suggesting moderate upside from current levels.

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