<div id="readability-page-1"><p>Trustmark Bank Trust Department lessened its holdings in  Baker Hughes Company (NASDAQ:BKR - Free Report) by 19.6% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The fund owned 49,329 shares of the company's stock after selling 12,063 shares during the period. Trustmark Bank Trust Department's holdings in Baker Hughes were worth $1,891,000 as of its most recent filing with the Securities &amp; Exchange Commission.</p><ul><li>Baker Hughes Delivers Growth as Energy Tech Expands</li></ul><p>Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. raised its stake in shares of  Baker Hughes by 1.0% in the 2nd quarter. Vanguard Group Inc. now owns 123,291,916 shares of the company's stock valued at $4,727,012,000 after acquiring an additional 1,173,700 shares during the period.  Geode Capital Management LLC grew its position in  Baker Hughes by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 25,875,670 shares of the company's stock valued at $987,961,000 after acquiring an additional 397,984 shares in the last quarter.  Norges Bank acquired a new position in  Baker Hughes in the 2nd quarter valued at about $862,722,000.  Artisan Partners Limited Partnership increased its stake in  Baker Hughes by 1.0% during the second quarter. Artisan Partners Limited Partnership now owns 16,677,718 shares of the company's stock worth $639,424,000 after purchasing an additional 167,095 shares during the period.  Finally, Dimensional Fund Advisors LP boosted its stake in shares of  Baker Hughes by 1.5% in the first quarter. Dimensional Fund Advisors LP now owns 11,727,973 shares of the company's stock valued at $515,367,000 after purchasing an additional 175,495 shares during the period. 92.06% of the stock is owned by institutional investors and hedge funds. </p><h2>Baker Hughes Stock Performance</h2><p>Baker Hughes stock opened at $50.17 on Friday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00. The firm's fifty day moving average price is $47.97 and its 200 day moving average price is $43.70. The company has a market capitalization of $49.51 billion, a price-to-earnings ratio of 17.30, a price-to-earnings-growth ratio of 2.06 and a beta of 1.03. Baker Hughes Company has a 12-month low of $33.60 and a 12-month high of $50.92. </p><ul><li>3 Energy Stocks That Could Benefit From Geopolitical Tensions</li></ul><p>Baker Hughes (NASDAQ:BKR - Get Free Report) last released its quarterly earnings results on Friday, November 18th. The company reported $0.16 EPS for the quarter. Baker Hughes had a return on equity of 14.22% and a net margin of 10.43%.The business had revenue of $5.09 billion for the quarter.  On average, research analysts forecast that  Baker Hughes Company will post 2.59 EPS for the current fiscal year. </p><h2>Baker Hughes Dividend Announcement</h2><p>The business also recently declared a quarterly dividend, which was paid on Friday, November 14th. Stockholders of record on Tuesday, November 4th were given a dividend of $0.23 per share. The ex-dividend date of this dividend was Tuesday, November 4th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.8%. Baker Hughes's dividend payout ratio (DPR) is presently 31.72%. </p><h2>Analyst Upgrades and Downgrades</h2><ul><li>3 Industrial Giants Positioned for Defense-Led Growth</li></ul><p>A number of research firms have issued reports on BKR. Bank of America increased their target price on shares of Baker Hughes from $52.00 to $54.00 and gave the stock a &#34;buy&#34; rating in a report on Tuesday, October 14th. Piper Sandler increased their price objective on Baker Hughes from $50.00 to $52.00 and gave the company an &#34;overweight&#34; rating in a report on Thursday, October 16th. HSBC raised their price objective on Baker Hughes from $54.00 to $56.00 and gave the stock a &#34;buy&#34; rating in a report on Monday, October 27th. JPMorgan Chase &amp; Co. upped their price target on shares of Baker Hughes from $52.00 to $53.00 and gave the company an &#34;overweight&#34; rating in a research report on Tuesday, September 30th. Finally, Cowen  reiterated a &#34;buy&#34; rating on shares of Baker Hughes in a research note on Monday, October 27th. Twenty-three equities research analysts have rated the stock with a Buy rating and four have assigned  a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $53.42.</p><p><b>View Our Latest Analysis on Baker Hughes</b></p><h2>Insiders Place Their Bets</h2><p>In related news, CAO Rebecca L. Charlton sold 1,000 shares of the company's stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $50.00, for a total value of $50,000.00. Following the sale, the chief accounting officer directly owned 11,772 shares of the company's stock, valued at $588,600. This represents a 7.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Sreeganesh Ramaswamy sold 25,000 shares of the firm's stock in a transaction on Tuesday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. Following the transaction, the executive vice president directly owned 40,520 shares of the company's stock, valued at approximately $2,026,000. This represents a 38.16% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.27% of the stock is currently owned by insiders. </p><h2>About Baker Hughes</h2> (Free Report)<p>Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services &amp; Equipment (OFSE) and Industrial &amp; Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Baker Hughes</li><li>EV Stocks and How to Profit from Them </li><li>Meta Platforms May Ditch NVIDIA Chips—Here’s Why Investors Care</li><li>3 Small Caps With Big Return Potential</li><li>SoFi Technologies: From Fintech Speculation to Profit Engine</li><li>What is a Microcap Stock? Everything You Need to Know </li><li>Gold to $5,000? What Bank of America and UBS Have to Say</li></ul><p><strong>Want to see what other hedge funds are holding BKR?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Baker Hughes Company (NASDAQ:BKR - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QktS?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9QktS"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Baker Hughes Right Now?</h2><p>Before you consider Baker Hughes, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Baker Hughes wasn't on the list.</p><p>While Baker Hughes currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

TRMK

<p>Trustmark Bank Trust Department reduced its holdings in Baker Hughes Company by 19.6% in Q2, selling 12,063 shares. Other institutional investors like Vanguard and Geode Capital increased their stakes. Baker Hughes reported $0.16 EPS for the quarter with a revenue of $5.09 billion. Analysts have given the stock a "Moderate Buy" rating with a consensus price target of $53.42. The company also announced a quarterly dividend of $0.23 per share.</p>

Trustmark Bank Trust Department Lowers Holdings in Baker Hughes Company $BKR