Trexquant Investment 13F: New $19M Stake in Baker Hughes (BKR)

Trexquant Investment Initiates Stake in Baker Hughes

Trexquant Investment opened a brand-new position in Baker Hughes Company (NasdaqGS: BKR), purchasing 325,336 shares of the oilfield services provider. The newly established stake carried an estimated value of $19.11 million based on its cost basis, according to the fund's latest Form 13F filing with the SEC. Because 13F filings look backward at holdings from the end of the reporting period, this filing reflects historical positioning and may not capture the investor's current holdings.

Baker Hughes Stock and Valuation

Baker Hughes shares recently traded around $58.73, sitting near the middle of its 52-week range of $43.92 to $70.41. The company carries a market capitalization of $57.41 billion and a price-to-earnings ratio of 18.59, with a forward P/E ratio of 18.59. Institutional investors often evaluate these valuation levels alongside operating metrics like its current ratio of 2.10 and debt-to-equity ratio of 80.93 when building positions in the energy technology sector.

Recent Earnings Performance

For its recent operational periods, Baker Hughes reported $27.73 billion in revenue alongside a revenue growth rate of -2.4%. The company posted earnings of $3.11 per share, supported by a net margin of 11.17% and a return on equity of 16.46%. Shareholders can look toward the next scheduled earnings report on October 22, 2026, for updated financial results.

Dividend Payments

Baker Hughes distributes an annual dividend of $0.92 per share, translating to a dividend yield of 1.61%. The company maintains a dividend payout ratio of 29.58%, directing a modest portion of its earnings toward shareholder distributions while retaining capital for technology investments and operations.

Insider Buying and Selling at Baker Hughes Company

In recent insider activity, Chairman, President and CEO Lorenzo Simonelli sold 181,411 shares of Baker Hughes on June 12, 2026. The shares were sold 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. Insider sales do not inherently signal a negative outlook and often form part of routine personal financial planning.

Analysts Set New Price Targets

Wall Street firms maintain varied perspectives on Baker Hughes, reflected in recent target updates. On September 30, 2026, UBS maintained its Neutral rating while adjusting its price target to $69.00 from $72.00. Earlier in the month, Jefferies maintained a Buy rating with a target of $77.00 on September 29, 2026, while UBS adjusted another target to $72.00 on September 14, 2026. Susquehanna kept a Positive rating on September 10, 2026, moving its target to $75.00, and RBC Capital maintained an Outperform rating with a $76.00 target on August 25, 2026. Overall, the company holds a consensus recommendation of buy with a mean price target of $72.30 across 23 analyst opinions.

Understanding Baker Hughes Company

Baker Hughes Company operates as an energy technology provider, delivering equipment, services, and digital solutions to the industrial and energy value chains across global markets. Its portfolio spans oilfield services, well construction, turbomachinery, and climate technology solutions for upstream, midstream, and downstream operators. Large institutional investors frequently monitor the company's operational segments to gauge broader trends in oil and gas infrastructure spending.

What to Watch at Baker Hughes Company

Investors tracking Trexquant Investment will need to wait for subsequent quarterly 13F filings to see if the fund adjusts its exposure to Baker Hughes. In the interim, market participants will watch for the company's upcoming earnings release on October 22, 2026, alongside any further institutional or insider filings.