BAX

BAXTER INTERNATIONAL INC

NYSE · Surgical & Medical Instruments & Apparatus · Inc. DE · CIK 0000010456
$20.86 +1.81% $10.8B
High Impact Filing (7/10)18 New Institutional Positions32 Institutional ExitsCongressional Activity (1)
Vol
Market Cap$10.8B
Cap SizeLarge Cap
Analyst ConsensusSell (4%)
Inst. Holders50 funds
Inst. Value$6.9B
Inst. Activity18 buys / 32 sells
Reddit Sentiment50° Neutral
SEC Reports7
Congressional3 trades
Exchange NYSE·Sector Surgical & Medical Instruments & Apparatus·Inc. DE·CIK 0000010456·Prev Close $20.49

Recent Activity

Jun 12, 2026 short_volume
Short Volume: BAX — 75.4% short (2.0M / 2.6M)
Short: 1,997,141 | Exempt: 1,106 | TRF Vol: 2,649,354 | Short Ratio: 75.4% | Off-exchange volume (da
Jun 12, 2026 Event
IFEX
Currently out of stock.: Estimated recovery in October. (Requirements related to complying with good
Jun 11, 2026 SEC
A mixed institutional cluster in BAX for Q3 2025 shows 7 buyers adding $243.3M in holdings (dominated by Fidelity's doub
INST-CLUSTER — Impact 6/10
Jun 2, 2026 Insider
Wallace Steven P. surrendered for taxes 153 shares
President, Adv. Surgery @ $18.68 ($2.9K)
Jun 2, 2026 Insider
Teaff James surrendered for taxes 321 shares
President, CCS @ $18.68 ($6.0K)
Jun 1, 2026 Insider
Zielinski Anita A was granted 13,426 shares
SVP, Interim CFO, CAO & Cntrlr
May 8, 2026 SEC
Baxter International filed an 8-K adopting a new Executive Severance and Change in Control Plan, amending and restating
8-K — Impact 2/10
Apr 30, 2026 SEC
Baxter reported Q1 2026 adjusted diluted EPS of $0.36, beating the $0.31 consensus by 16.1%, on revenue of $2.70B vs. $2
8-K — Impact 5/10

Price Targets

$21.54 +3.3% upside Hold
Current $20.86 Low $17.00 Median $19.50 High $40.00 12 analysts
$17.00 $40.00

Analyst Ratings

Strong Sell4% buy · 24 analysts
0Strong Buy
1Buy
16Hold
5Sell
2Strong Sell
Recent Analyst Actions
DateFirmActionRating
May 28, 2026 Citigroup DOWNGRADE Neutral → Sell
May 4, 2026 Barclays MAINTAIN Overweight → Overweight
Apr 6, 2026 Evercore ISI Group MAINTAIN Outperform → Outperform
Mar 11, 2026 Citigroup MAINTAIN Neutral → Neutral
Feb 17, 2026 Goldman Sachs MAINTAIN Neutral → Neutral

Earnings Estimates

PeriodEPS Est.RangeGrowth#
Current Q $0.37 $0.36 — $0.39 -38% YoY 11
Next Q $0.53 $0.43 — $0.59 -23% YoY 11
Current FY $1.92 $1.85 — $1.96 -16% YoY 13
Next FY $2.01 $1.87 — $2.45 5% YoY 14

Top Institutional Holders

FundValueMove
BlackRock, Inc.$1.3B
PZENA INVESTMENT MANAGEMENT LLC$1.1B
DODGE & COX$961.9M
FMR LLC$777.2MADD
VANGUARD CAPITAL MANAGEMENT LLC$562.9M

Recent Insider Trades

DateInsiderTypeValue
Jun 2, 2026Wallace StevenF$2.9K
Jun 2, 2026Teaff JamesF$6.0K
Jun 1, 2026Zielinski AnitaA$0.00
May 5, 2026Wilkes DavidA$0.00
May 5, 2026Wendell AmyA$0.00

Reddit Sentiment

50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish

Congressional Trades

1 members: 2 buys, 1 sells
MemberPartyTypeAmount
Michael McCaulRBUY$15,001 - $50,000
Michael McCaulRSELL$100,001 - $250,000
Michael McCaulRBUY$50,001 - $100,000
50 institutional holders with $6.9B total value (413,539,237 shares) as of 2026-Q1. Top holders: BlackRock,, PZENA, DODGE. Net selling activity: 32 institutions trimmed/exited vs 18 added.

Top Institutional Holders — 2026-Q1

#FundSharesValue% of TrackedLast Move
1BlackRock, Inc.79,400,664$1.3B19.2%
2PZENA INVESTMENT MANAGEMENT LLC64,527,823$1.1B15.6%
3DODGE & COX57,254,570$961.9M13.8%
4FMR LLC46,264,804$777.2M11.2%ADD +32.9%
5VANGUARD CAPITAL MANAGEMENT LLC33,506,975$562.9M8.1%
6VANGUARD PORTFOLIO MANAGEMENT LLC23,993,355$403.1M5.8%
7STATE STREET CORP19,979,957$335.9M4.8%
8Invesco Ltd.13,121,171$220.4M3.2%
9MORGAN STANLEY7,347,972$123.4M1.8%
10BANK OF AMERICA CORP /DE/6,166,133$103.6M1.5%ADD +44.3%
11DIMENSIONAL FUND ADVISORS LP5,931,791$99.6M1.4%
12CHARLES SCHWAB INVESTMENT MANAGEMENT INC5,589,554$93.9M1.4%
13Artisan Partners Limited Partnership4,861,774$81.7M1.2%
14GOLDMAN SACHS GROUP INC3,869,555$65.0M0.9%
15Russell Investments Group, Ltd.3,435,016$57.5M0.8%
16SUSQUEHANNA INTERNATIONAL GROUP, LLP2,990,800$50.2M0.7%
17VANGUARD FIDUCIARY TRUST CO2,896,767$48.7M0.7%
18FIL Ltd2,589,163$43.5M0.6%
19MARSHALL WACE, LLP2,266,708$38.1M0.5%DOUBLED +8589.4%
20DEUTSCHE BANK AG\2,229,998$37.5M0.5%

Recent Position Changes

FundActionPrev SharesCurr SharesChange %ValueQuarter
FMR LLCADD34,811,77046,264,804+32.9%$777.2M2026-Q1
BANK OF AMERICA CORP /DE/ADD4,273,4156,166,133+44.3%$103.6M2026-Q1
MARSHALL WACE, LLPDOUBLED26,0862,266,708+8589.4%$38.1M2026-Q1
ENVESTNET ASSET MANAGEMENT INCADD959,1011,244,312+29.7%$20.9M2026-Q1
Legal & General Group PlcTRIM2,434,815968,026-60.2%$16.3M2026-Q1
Connor, Clark & Lunn Investment Management Ltd.ADD620,757913,426+47.1%$15.3M2026-Q1
SEI INVESTMENTS CODOUBLED409,950906,916+121.2%$15.2M2026-Q1
AmundiTRIM1,753,840797,736-54.5%$13.4M2026-Q1
Mitsubishi UFJ Asset Management Co., Ltd.TRIM1,113,802621,658-44.2%$10.4M2026-Q1
HSBC HOLDINGS PLCTRIM885,280622,865-29.6%$10.4M2026-Q1
STATE OF WISCONSIN INVESTMENT BOARDADD318,581471,447+48.0%$7.9M2026-Q1
Gotham Asset Management, LLCADD181,644361,688+99.1%$6.1M2026-Q1
JANUS HENDERSON GROUP PLCDOUBLED51,216237,683+364.1%$4.0M2026-Q1
GREAT LAKES ADVISORS, LLCTRIM349,836233,388-33.3%$3.9M2026-Q1
PUBLIC SECTOR PENSION INVESTMENT BOARDDOUBLED67,231146,308+117.6%$2.5M2026-Q1
Brevan Howard Capital Management LPDOUBLED43,385123,652+185.0%$2.1M2026-Q1
FIFTH THIRD BANCORPDOUBLED43,090119,913+178.3%$2.0M2026-Q1
Pictet Asset Management Holding SATRIM235,375114,227-51.5%$1.9M2026-Q1
CIBC Asset Management IncNEAR_EXIT516,957114,195-77.9%$1.9M2026-Q1
GROUP ONE TRADING LLCTRIM158,653100,199-36.8%$1.7M2026-Q1
TD ASSET MANAGEMENT INCTRIM151,40389,984-40.6%$1.5M2026-Q1
Universal- Beteiligungs- und Servicegesellschaft mbHTRIM253,52483,309-67.1%$1.5M2026-Q1
TORONTO DOMINION BANKTRIM171,56585,524-50.2%$1.4M2026-Q1
ALLSTATE CORPDOUBLED37,16284,793+128.2%$1.4M2026-Q1
Cerity Partners LLCTRIM113,86659,042-48.1%$991.9K2026-Q1
16 unique insiders with 37 transactions. Net insider value: $0.00 ($0.00 bought, $0.00 sold).

Insider Transactions

DateInsiderTitleTypeSharesPriceValue
Jun 2, 2026Wallace Steven P.President, Adv. SurgeryTAX W/H153$18.68$2.9K
Jun 2, 2026Teaff JamesPresident, CCSTAX W/H321$18.68$6.0K
Jun 1, 2026Zielinski Anita ASVP, Interim CFO, CAO & CntrlrAWARD13,426
May 5, 2026Wilkes David S.DirectorAWARD12,836
May 5, 2026Wendell Amy McBrideDirectorAWARD12,836
May 5, 2026SCHLICHTING NANCY MDirectorAWARD12,836
May 5, 2026MORRISON PATRICIADirectorAWARD12,836
May 5, 2026Shafer David BrentDirectorAWARD12,836
May 5, 2026Craig Jeffrey ADirectorAWARD12,836
May 5, 2026Ampofo William A. IIDirectorAWARD12,836
Mar 6, 2026Grade Joel T.EVP and CFOTAX W/H8,153$17.69$144.2K
Mar 6, 2026Rasul ReazurEVP,Group Pres,HealthcareTAX W/H12,674$17.69$224.2K
Mar 6, 2026Rosenbloom David S.EVP and General CounselTAX W/H6,620$17.69$117.1K
Mar 6, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.TAX W/H2,848$17.69$50.4K
Mar 6, 2026Zielinski Anita ASVP, CAO and ControllerTAX W/H1,932$17.69$34.2K
Mar 2, 2026Rasul ReazurEVP,Group Pres,HealthcareTAX W/H1,614$19.69$31.8K
Mar 2, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.TAX W/H1,852$19.69$36.5K
Mar 2, 2026Rosenbloom David S.EVP and General CounselTAX W/H1,336$19.69$26.3K
Feb 27, 2026Carlisle CynthiaExecutive Vice President, CHROAWARD43,103
Feb 27, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.AWARD23,742
Feb 27, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.AWARD57,471
Feb 27, 2026Rosenbloom David S.EVP and General CounselAWARD64,655
Feb 27, 2026Grade Joel T.EVP and CFOAWARD103,448
Feb 27, 2026Hider Andrew P.President and CEOAWARD201,804
Feb 27, 2026Hider Andrew P.President and CEOAWARD488,506
Feb 27, 2026Zielinski Anita ASVP, CAO and ControllerAWARD30,864
Feb 27, 2026Carlisle CynthiaExecutive Vice President, CHROAWARD17,806
Feb 27, 2026Rosenbloom David S.EVP and General CounselAWARD26,709
Feb 27, 2026Grade Joel T.EVP and CFOAWARD42,735
Feb 9, 2026Grade Joel T.EVP and CFOAWARD30,504
Feb 9, 2026Grade Joel T.EVP and CFOTAX W/H9,144$21.73$198.7K
Feb 9, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.AWARD2,273
Feb 9, 2026Soriano Maria CeciliaGroup Pres., ITT & Pharma.TAX W/H918$21.73$19.9K
Feb 9, 2026Rosenbloom David S.EVP and General CounselAWARD17,055
Feb 9, 2026Rosenbloom David S.EVP and General CounselTAX W/H5,225$21.73$113.5K
Feb 9, 2026Rasul ReazurEVP,Group Pres,HealthcareAWARD18,951
Feb 9, 2026Rasul ReazurEVP,Group Pres,HealthcareTAX W/H5,770$21.73$125.4K

No press releases analyzed yet. Press releases are collected from GlobeNewsWire and analyzed by the LLM pipeline.

Current analyst consensus: Strong Sell (4% buy). Based on 24 analysts: 0 strong buy, 1 buy, 16 hold, 5 sell, 2 strong sell.

Analyst Price Targets

$21.54 mean target +3.3% upside Hold (2.86)
$17.00 Low $40.00 High
MetricValue
Current Price$20.86
Target Low$17.00
Target Mean$21.54
Target Median$19.50
Target High$40.00
# Analysts12
RecommendationHold (2.86)

Earnings Estimates & Revisions

PeriodEPS AvgEPS LowEPS HighEPS Growth30d Rev.Up/DownRev. AvgRev. GrowthAnalysts
Current Q
2026-06-30
$0.37 $0.36 $0.39 -37.6% +0.0% 0↑ 12↓ $2.8B -0.4% 11
Next Q
2026-09-30
$0.53 $0.43 $0.59 -22.9% +0.0% 5↑ 7↓ $2.9B 0.8% 11
Current FY
2026-12-31
$1.92 $1.85 $1.96 -15.6% -0.0% 6↑ 2↓ $11.4B 1.0% 13
Next FY
2027-12-31
$2.01 $1.87 $2.45 5.0% +0.1% 7↑ 7↓ $11.6B 2.0% 14

Current Quarter EPS Revision History

TimepointEPS EstimateChange
Current$0.368
7d ago$0.368
30d ago$0.368
60d ago$0.440-0.072
90d ago$0.435-0.067
4 analyst firms have rated this stock: 0 upgrades, 1 downgrades, 0 initiations.

Individual Analyst Actions

DateAnalyst FirmActionPrevious RatingNew Rating
May 28, 2026 Citigroup DOWNGRADE Neutral Sell
May 4, 2026 Barclays MAINTAIN Overweight Overweight
Apr 6, 2026 Evercore ISI Group MAINTAIN Outperform Outperform
Mar 11, 2026 Citigroup MAINTAIN Neutral Neutral
Feb 17, 2026 Goldman Sachs MAINTAIN Neutral Neutral
Feb 13, 2026 Barclays MAINTAIN Overweight Overweight
Jan 9, 2026 Barclays MAINTAIN Overweight Overweight

Monthly Consensus History

PeriodStrong BuyBuyHoldSellStrong SellBuy %Distribution
Jun 1, 20260116524%
May 1, 202614161023%
Apr 1, 202614161023%
Mar 1, 202614161023%
Feb 1, 20260216618%
Jan 1, 20260216618%
Strong BuyBuyHoldSellStrong Sell
1 members of Congress traded this stock: 2 buys, 1 sells.

Congressional Trades

DateMemberPartyChamberTypeAmountAssetDisclosed
Mar 23, 2026Michael McCaulRHOUSEBUY$15,001 - $50,000Baxter International IncApr 10, 2026 (19d)
Feb 17, 2026Michael McCaulRHOUSESELL$100,001 - $250,000Baxter International IncMar 12, 2026 (24d)
Jan 13, 2026Michael McCaulRHOUSEBUY$50,001 - $100,000Baxter International IncFeb 12, 2026 (31d)
50°
Neutral
Bearish Neutral Bullish
2 mentions 0 bullish 0 bearish 2 time periods

Reddit Sentiment History

DateMentionsSentimentBullishBearishThreads
Mar 11, 2026150° Neutral001
Mar 10, 2026150° Neutral001

Recent Reddit Threads

r/stocks Neutral 3mo ago
SEC filing scan -March 10, 2026: $FANG, $ANIP, $BAX, $DRS, $BTE
▲ 1 💬 0 ⚡ 0.5
Jun 12, 2026
short_volume
Short Volume: BAX — 75.4% short (2.0M / 2.6M)
Short: 1,997,141 | Exempt: 1,106 | TRF Vol: 2,649,354 | Short Ratio: 75.4% | Off-exchange volume (dark pool + OTC)
Jun 12, 2026
FDA
IFEX
Currently out of stock.: Estimated recovery in October. (Requirements related to complying with good manufacturing practices) [Oncology, Pediatric]
Jun 11, 2026
short_volume
Short Volume: BAX — 66.4% short (1.6M / 2.5M)
Short: 1,645,386 | Exempt: 92 | TRF Vol: 2,479,571 | Short Ratio: 66.4% | Off-exchange volume (dark pool + OTC)
Jun 10, 2026
short_volume
Short Volume: BAX — 67.5% short (2.6M / 3.9M)
Short: 2,618,249 | Exempt: 18,520 | TRF Vol: 3,881,498 | Short Ratio: 67.5% | Off-exchange volume (dark pool + OTC)
Jun 8, 2026
short_volume
Short Volume: BAX — 63.8% short (1.1M / 1.8M)
Short: 1,134,023 | Exempt: 403 | TRF Vol: 1,777,731 | Short Ratio: 63.8% | Off-exchange volume (dark pool + OTC)
Jun 5, 2026
short_volume
Short Volume: BAX — 62.3% short (1.3M / 2.2M)
Short: 1,349,159 | Exempt: 0 | TRF Vol: 2,166,000 | Short Ratio: 62.3% | Off-exchange volume (dark pool + OTC)
Jun 4, 2026
short_volume
Short Volume: BAX — 75.3% short (1.7M / 2.3M)
Short: 1,725,502 | Exempt: 1,143 | TRF Vol: 2,292,512 | Short Ratio: 75.3% | Off-exchange volume (dark pool + OTC)
Jun 3, 2026
short_volume
Short Volume: BAX — 78.5% short (1.3M / 1.6M)
Short: 1,278,712 | Exempt: 593 | TRF Vol: 1,628,945 | Short Ratio: 78.5% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
short_volume
Short Volume: BAX — 69.9% short (1.6M / 2.3M)
Short: 1,624,538 | Exempt: 1,608 | TRF Vol: 2,324,853 | Short Ratio: 69.9% | Off-exchange volume (dark pool + OTC)
Jun 2, 2026
FDA
TRAVASOL
Unavailable: Estimated recovery: TBD (Shortage of an inactive ingredient component) [Gastroenterology]
Jun 2, 2026
FDA
CLINDAMYCIN PHOSPHATE
Limited Availability: Estimated recovery: July 2026 (Other) [Anti-Infective]
Jun 2, 2026
FDA
DEXTROSE
Limited Availability: Estimated recovery: June 2026 (Other) [Endocrinology/Metabolism, Gastroenterology, Other, Pediatric]
Jun 1, 2026
short_volume
Short Volume: BAX — 60.7% short (1.7M / 2.8M)
Short: 1,707,487 | Exempt: 1,362 | TRF Vol: 2,813,576 | Short Ratio: 60.7% | Off-exchange volume (dark pool + OTC)
May 29, 2026
short_volume
Short Volume: BAX — 72.2% short (1.1M / 1.6M)
Short: 1,134,062 | Exempt: 34 | TRF Vol: 1,571,660 | Short Ratio: 72.2% | Off-exchange volume (dark pool + OTC)
May 28, 2026
short_volume
Short Volume: BAX — 71.6% short (1.3M / 1.9M)
Short: 1,326,997 | Exempt: 2,948 | TRF Vol: 1,854,342 | Short Ratio: 71.6% | Off-exchange volume (dark pool + OTC)
May 27, 2026
short_volume
Short Volume: BAX — 80.4% short (2.4M / 2.9M)
Short: 2,365,132 | Exempt: 2,063 | TRF Vol: 2,942,151 | Short Ratio: 80.4% | Off-exchange volume (dark pool + OTC)
May 26, 2026
short_volume
Short Volume: BAX — 69.8% short (1.2M / 1.8M)
Short: 1,223,247 | Exempt: 5,271 | TRF Vol: 1,752,184 | Short Ratio: 69.8% | Off-exchange volume (dark pool + OTC)
May 23, 2026
Clinical Trial
Risk-Adapted Chemotherapy in Treating Younger Patients With Newly Diagnosed Standard-Risk Acute Lymphoblastic Leukemia or Localized B-Lineage Lymphoblastic Lymphoma
Phase Phase 3 — COMPLETED
May 22, 2026
short_volume
Short Volume: BAX — 59.4% short (1.7M / 2.9M)
Short: 1,741,027 | Exempt: 320 | TRF Vol: 2,929,105 | Short Ratio: 59.4% | Off-exchange volume (dark pool + OTC)
May 21, 2026
short_volume
Short Volume: BAX — 72.2% short (2.1M / 2.9M)
Short: 2,085,554 | Exempt: 2,642 | TRF Vol: 2,886,783 | Short Ratio: 72.2% | Off-exchange volume (dark pool + OTC)
May 17, 2026
Clinical Trial
Krill Oil for Pain in Elders
Phase Phase 2 — COMPLETED
May 16, 2026
FDA
HEPARIN SODIUM IN SODIUM CHLORIDE
Unavailable: Estimated recovery: July 2026 (Demand increase for the drug) [Hematology]
Mar 16, 2026
Clinical Trial
Metronomic Chemotherapy by Cyclophosphamide Versus Megestrol in Palliative Cancer
Phase Phase 2 — COMPLETED
Mar 16, 2026
Clinical Trial
S0016 Combination Chemotherapy With Monoclonal Antibody Therapy in Newly Diagnosed Non-Hodgkin's Lymphoma
Phase Phase 3 — COMPLETED
Mar 12, 2026
Clinical Trial
E7 TCR T Cells for Human Papillomavirus-Associated Cancers
Phase Phase 2 — COMPLETED