Amundi 13F: Adds $153M to Baker Hughes (BKR) Stake

Asset manager Amundi increased 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 lifted its stake by 28.2%, picking up an additional 2,409,978 shares. The latest regulatory filing captures holdings as of that period and may not reflect the investor's current position today.

Amundi Expands Baker Hughes Stock Holdings

The purchase grew Amundi's total holdings in Baker Hughes Company to 10,946,464 shares. Based on market prices around the filing, the expanded position is valued at about $694.8 million. The fund previously held 8,536,486 shares in the energy technology and oilfield services provider.

Baker Hughes Stock Trades Above 200-Day Average

Baker Hughes Company shares recently changed hands at $63.48, sitting comfortably above the 200-day moving average of $58.97. The stock has traded between a 52-week low of $43.92 and a high of $70.41. The company carries a market capitalization of $57.4 billion and a price-to-earnings ratio of 18.59.

CEO Lorenzo Simonelli Completes Insider Share Sale

In related company news, Chairman, President and CEO Lorenzo Simonelli sold 181,411 shares of Baker Hughes Company on June 12, 2026. The shares were sold at an average price of $63.36, bringing the total transaction value to $11,494,200.96. The sale was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan.

Analysts Set New Price Targets

Wall Street firms continue to monitor the energy equipment provider with steady ratings. On September 30, 2026, UBS maintained its Neutral rating on the stock while adjusting its price target to $69.00 from $72.00. Earlier, on September 29, 2026, Jefferies maintained a Buy rating and set a price target of $77.00. Across the broader analyst community, the stock holds a consensus Buy recommendation with a mean price target of $72.30.

Baker Hughes Company Provides Energy Technology Solutions

Based in Houston, Texas, Baker Hughes Company delivers oilfield services, equipment, and industrial technology solutions to customers worldwide. The company operates across two main segments, supporting onshore and offshore oil and gas operations as well as industrial and climate technology applications. Its portfolio includes drilling systems, subsea projects, and gas technology equipment.

What to Watch Next for Baker Hughes

Investors tracking Baker Hughes Company will look ahead to the company's next earnings report, scheduled for October 22, 2026. Institutional ownership reports like Amundi's filing offer a backward-looking view of where major asset managers parked their capital during the previous quarter, and future regulatory filings will reveal whether the fund continues to adjust its stake.