Baker Hughes Completes $540 Million Acquisition of Continental Disc Corporation to Enhance Flow Control Product Line

Baker Hughes acquired Continental Disc Corporation for $540 million, enhancing its flow control product offerings.

Quiver AI Summary

Baker Hughes has completed its acquisition of Continental Disc Corporation for $540 million in cash, enhancing its portfolio of flow control products. This acquisition adds critical pressure management solutions to Baker Hughes' existing offerings and is expected to improve earnings, cash flow per share, and segment margins in its Industrial & Energy Technology division. Baker Hughes aims to leverage this acquisition to strengthen its position in the flow control market.

Potential Positives

Baker Hughes has successfully completed a $540 million acquisition of Continental Disc Corporation, enhancing its product offerings in the valves sector.
The acquisition is expected to be immediately accretive to earnings and cash flow per share, indicating a positive financial impact for the company.
This transaction expands Baker Hughes' addressable market in the flow control market, positioning the company for potential growth in a key sector.

Potential Negatives

The acquisition of Continental Disc Corporation for $540 million may raise concerns among investors about the company's financial leverage or capability to integrate the new business effectively.
While the acquisition expands Baker Hughes' product line, it also indicates a significant capital expenditure which could impact liquidity and future investment strategies.
The press release does not provide details on any potential challenges or risks associated with the acquisition, leaving uncertainty about the integration and operational impacts.

FAQ

What is the recent acquisition made by Baker Hughes?

Baker Hughes has completed the $540 million acquisition of Continental Disc Corporation (CDC).

How does the acquisition benefit Baker Hughes?

The acquisition expands Baker Hughes’ portfolio in the flow control market and enhances critical pressure management solutions.

Will the acquisition impact earnings?

Yes, the acquisition is expected to be immediately accretive to earnings and cash flow per share.

Who were the sellers of Continental Disc Corporation?

Continental Disc Corporation was sold by investment partnerships managed by Tinicum Incorporated.

What is Baker Hughes’ core focus?

Baker Hughes is focused on providing energy technology solutions to energy and industrial customers worldwide.

Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.

$BKR Congressional Stock Trading

Members of Congress have traded $BKR stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $BKR stock by members of Congress over the last 6 months:

REPRESENTATIVE TIM MOORE purchased up to $50,000 on 03/04.

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$BKR Insider Trading Activity

$BKR insiders have traded $BKR stock on the open market 9 times in the past 6 months. Of those trades, 0 have been purchases and 9 have been sales.

Here’s a breakdown of recent trading of $BKR stock by insiders over the last 6 months:

LORENZO SIMONELLI (Chairman, President and CEO) sold 526,568 shares for an estimated $23,390,150
NANCY BUESE (EVP & Chief Financial Officer) sold 80,000 shares for an estimated $3,709,600
MARIA C BORRAS (Chief Growth & Experience Ofcr) has made 0 purchases and 2 sales selling 59,920 shares for an estimated $2,301,170.
JAMES E APOSTOLIDES (SVP, Enterprise Op Excellence) has made 0 purchases and 3 sales selling 16,141 shares for an estimated $693,679.
REBECCA L CHARLTON (SVP, Controller & CAO) has made 0 purchases and 2 sales selling 6,500 shares for an estimated $254,940.

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$BKR Hedge Fund Activity

We have seen 450 institutional investors add shares of $BKR stock to their portfolio, and 451 decrease their positions in their most recent quarter.

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ARTISAN PARTNERS LIMITED PARTNERSHIP added 16,510,623 shares (+inf%) to their portfolio in Q1 2025, for an estimated $725,641,880
JPMORGAN CHASE & CO added 14,981,627 shares (+18.1%) to their portfolio in Q1 2025, for an estimated $658,442,506
D. E. SHAW & CO., INC. removed 4,712,097 shares (-95.3%) from their portfolio in Q1 2025, for an estimated $207,096,663
FMR LLC added 4,212,391 shares (+26.8%) to their portfolio in Q1 2025, for an estimated $185,134,584
AMUNDI removed 4,209,093 shares (-29.8%) from their portfolio in Q1 2025, for an estimated $184,989,637
HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC removed 4,096,795 shares (-44.4%) from their portfolio in Q1 2025, for an estimated $180,054,140
PACER ADVISORS, INC. added 3,713,301 shares (+2585.6%) to their portfolio in Q1 2025, for an estimated $163,199,578

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$BKR Analyst Ratings

Wall Street analysts have issued reports on $BKR in the last several months. We have seen 12 firms issue buy ratings on the stock, and 0 firms issue sell ratings.

Here are some recent analyst ratings:

BMO Capital issued a "Outperform" rating on 07/30/2025
Evercore ISI Group issued a "Outperform" rating on 07/30/2025
Morgan Stanley issued a "Overweight" rating on 07/29/2025
Barclays issued a "Overweight" rating on 07/24/2025
Susquehanna issued a "Positive" rating on 07/24/2025
Stifel issued a "Buy" rating on 07/16/2025
Goldman Sachs issued a "Buy" rating on 07/02/2025

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$BKR Price Targets

Multiple analysts have issued price targets for $BKR recently. We have seen 13 analysts offer price targets for $BKR in the last 6 months, with a median target of $52.0.

Here are some recent targets:

Josh Silverstein from UBS set a target price of $46.0 on 07/30/2025
James West from Evercore ISI Group set a target price of $55.0 on 07/30/2025
Phillip Jungwirth from BMO Capital set a target price of $53.0 on 07/30/2025
Connor Lynagh from Morgan Stanley set a target price of $55.0 on 07/29/2025
David Anderson from Barclays set a target price of $53.0 on 07/24/2025
Charles Minervino from Susquehanna set a target price of $52.0 on 07/24/2025
Stephen Gengaro from Stifel set a target price of $49.0 on 07/16/2025

Full Release

HOUSTON and LONDON, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Baker Hughes (NASDAQ: BKR), an energy technology company, announced Thursday it has completed its all-cash, $540 million acquisition of Continental Disc Corporation (CDC) from investment partnerships managed by Tinicum Incorporated.

The transaction brings a complementary portfolio of products to Baker Hughes’ existing valves product line, expanding the company’s addressable market in the flow control market with the addition of CDC’s well-established critical pressure management solutions. The acquisition is expected to be immediately accretive to earnings and cash flow per share and Industrial & Energy Technology’s segment margins.

About Baker Hughes
Baker Hughes (NASDAQ: BKR) is an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward – making it safer, cleaner and more efficient for people and the planet. Visit us at bakerhughes.com.

For more information, please contact:

Media Relations

Adrienne M. Lynch
+1 713-906-8407
[email protected]

Investor Relations

Chase Mulvehill
+1 346-297-2561
[email protected]