Brevan Howard Capital Management 13F: Adds $1.4M to BKR Stake

Brevan Howard Expands Baker Hughes Company Holding

Brevan Howard Capital Management boosted its position in Baker Hughes Company (NasdaqGS: BKR) during the reporting period, according to a recent Form 13F filing with the Securities and Exchange Commission. The fund bought an additional 24,811 shares, raising its total stake by 30.4%. Institutional filings like this one provide a look at past portfolio adjustments and might not reflect current holdings.

Position Details and Share Count

The fund started the period with 81,693 shares of the energy technology company. Following the 24,811-share increase, Brevan Howard finished the reporting period with 106,504 shares. The updated holding carried an estimated value of $6.04 million based on reported figures.

Baker Hughes Stock Performance

Baker Hughes Company shares recently traded at $56.68. The stock has a price-to-earnings ratio of 18.6 and a forward price-to-earnings ratio of 18.6. The company carries a market capitalization of $57.41 billion with a beta of 0.96. Over the past year, the stock has traded between a low of $43.92 and a high of $70.41.

Recent Earnings Results

Baker Hughes reported annual revenue of $27.73 billion alongside a revenue growth rate of -2.4%. The company posted earnings per share of $3.11, accompanied by a net margin of 11.2% and a return on equity of 16.5%. The next quarterly earnings report is scheduled for October 22, 2026.

Dividend Information

The company pays an annual dividend of $0.92 per share, which translates to a dividend yield of 1.61%. This payout is supported by a dividend payout ratio of 29.6%.

Insider Buying and Selling at Baker Hughes Company

Chief Executive Officer Lorenzo Simonelli sold 181,411 shares of company stock on June 12, 2026. The shares were traded at an average price of $63.36, bringing the total transaction value to $11.49 million. The sale was executed under a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms continue to monitor Baker Hughes with diverse expectations. On September 30, 2026, UBS maintained its Neutral rating while lowering its price target from $72.00 to $69.00. Jefferies maintained a Buy rating on September 29, 2026, trimming its target from $80.00 to $77.00. Earlier in the month, Susquehanna maintained a Positive rating and raised its target from $72.00 to $75.00 on September 10, 2026. The consensus across 23 analyst opinions stands at a buy recommendation with a mean price target of $72.30.

Overview of Baker Hughes Operations

Headquartered in Houston, Texas, Baker Hughes Company provides oilfield equipment, industrial technology, and energy services worldwide. Its operations span two main divisions serving upstream, midstream, and downstream energy markets, as well as industrial customers seeking emission-reduction and flow control solutions.

What to Watch at Baker Hughes Company

Investors will look toward the company's upcoming earnings release on October 22, 2026, for updated financial results. Future institutional filings will reveal whether Brevan Howard and other major funds continue adjusting their positions in the energy sector.