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Gradient Investments cuts Baker Hughes stake by 3% amid strong analyst ratings and solid earnings.

Market News
23 Mar 2026
Defense World
View Source
Neutral
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Gradient Investments LLC reduced its holding in Baker Hughes Company by 3% in Q4, selling 14,322 shares worth about $20.8 million. Despite this, Baker Hughes has strong analyst support with multiple upgrades and a consensus "Moderate Buy" rating. The company recently reported better-than-expected earnings and revenue, and declared a quarterly dividend yielding 1.5%. Baker Hughes remains a major player in energy technology with a market cap near $60 billion, showing steady financial health and growth prospects.

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