Baxter International Inc
BAX- Exchange
- NYSE
- Industry
- Surgical & Medical Instruments & Apparatus
- SEC CIK
- 0000010456
No open-market purchases or sales by Baxter International Inc insiders were filed in the last 90 days; 693 institutions reported holding it in 13F filings for Q2 2026, worth $11.9B in total; Greenhaven Associates is the only superinvestor holding it.
Key figures
- Market capClose on Nov 10, 2026
- $13.7B
- Insider buysOpen market, last 90 days
- 0
- Insider sellsOpen market, last 90 days
- 0
- 13F holdersQ2 2026, +31 vs. previous quarter
- 693
- 13F valueReported value at the end of Q2 2026
- $11.9B
- Superinvestors holdingAt the end of Q2 2026
- 1
Price chart
Financials
See financial statementsFrom SEC filings, in USD.
- Revenue, FY2025
- $11.2B
- +5.7% year over year
- Net income, FY2025
- -$957.0M
- No comparable prior period
- Free cash flow, FY2025
- $332.0M
- −42.1% year over year
- Revenue, Q3 FY2026
- $2.98B
- +5.0% year over year
Revenue flow, FY2025
Green is profit; orange is costs, expenses and taxes. Percentages are shares of revenue.
Net loss for FY2025: $957.0M (8.5% of revenue).
Short interest
See short dataFrom FINRA, settlement date Oct 30, 2026.
- Short interest
- 23.7M
- Shares sold short
- Change
- −90.7K
- −0.4% vs. previous
- Days to cover
- 3.00
- At average daily volume
Superinvestors holding BAX, Q2 2026
Go to the superinvestors tab1 superinvestor reports holding Baxter International Inc on Form 13F. Percentages are the stock's share of each portfolio.
Greenhaven Associates
Edgar Wachenheim III
3.5%
Baxter International Inc's share of the portfolio
- Shares
- 14,285,228
- Value
- $304.6M
Latest insider trades
See all insider tradesOpen-market purchases and sales by Baxter International Inc insiders from Form 4, newest first.
| Filed (ET) | Trade date | Filing delay | Insider | Transaction | Shares | Avg price | Value | Holding change | Flags |
|---|---|---|---|---|---|---|---|---|---|
| Mar 5, 2024 (view filing) | Mar 1 | 4 days | Mason Jeanne KEVP, Chief HR Officer | SSaleCommon Stock, $1 par value | −64.5K | $40.61 | −$2.62M | −31.2%142.3K after | 10b5-1 |
| Mar 22, 2023 (view filing) | Mar 20 | 2 days | Stroucken Albert P LDirector | SSaleCommon Stock, $1 par value | −3.93K | $37.52 | −$147.5K | −9.6%36.8K after | |
| Feb 23, 2023 (view filing) | Feb 21 | 2 days | Kunzler JacquelineSVP, Chief Quality Officer | SSaleCommon Stock, $1 par value | −3.81K | $40.50 | −$154.4K | −18.6%16.7K after | |
| Jan 19, 2023 (view filing) | Jan 17 | 2 days | Mason Jeanne KSVP, Human Resources | SSaleCommon Stock, $1 par value | −59.5K | $44.70 | −$2.66M | −32.0%126.2K after | |
| Apr 7, 2022 (view filing) | Apr 5 | 2 days | Stroucken Albert P LDirector | SSaleCommon Stock, $1 par value | −4.02K | $76.02 | −$305.6K | −10.5%34.1K after | 2 lots |
| Apr 7, 2022 (view filing) | Apr 5 | 2 days | Hellman Peter SDirector | SSaleCommon Stock, $1 par value | −4.02K | $76.02 | −$305.6K | −12.7%27.6K after | 2 lots |
| Apr 5, 2022 (view filing) | Apr 1 | 4 days | Forsyth John DDirector | SSaleCommon Stock, $1 par value | −1.00K | $77.68 | −$78.1K | −3.6%27.0K after | |
| Mar 3, 2022 (view filing) | Mar 1 | 2 days | Forsyth John DDirector | SSaleCommon Stock, $1 par value | −1.00K | $84.82 | −$85.2K | −3.6%27.0K after | |
| Mar 1, 2022 (view filing) | Feb 28 | 1 day | Stevens BrianSVP, CAO and Controller | SSaleCommon Stock, $1 par value | −2.50K | $85.50 | −$213.8K | −15.1%14.0K after | 2 lots |
| Feb 16, 2022 (view filing) | Feb 14 | 2 days | Mason Jeanne KSVP, Human Resources | SSaleCommon Stock, $1 par value | −54.1K | $85.02 | −$4.60M | −30.9%121.1K after | 2 lots |
Top 10 13F holders, Q2 2026
See all 693 holdersThe largest institutional positions in Baxter International Inc at the end of Q2 2026; share changes are against Q1 2026.
| Institution | Shares | Value | % of portfolio | Change in shares | Action |
|---|---|---|---|---|---|
| BlackRock, Inc. | 81,842,105 | $1.74B | 0.03% | +2,441,441+3.1% | Added |
| Pzena Investment Management LLC | 65,295,393 | $1.39B | 4.09% | +767,570+1.2% | Added |
| Dodge & Cox | 58,386,345 | $1.24B | 0.65% | +1,131,775+2.0% | Added |
| FMR LLC | 53,913,831 | $1.15B | 0.05% | +7,649,027+16.5% | Added |
| Vanguard Capital Management LLC | 33,754,280 | $719.6M | 0.02% | +247,305+0.7% | Added |
| Vanguard Portfolio Management LLC | 24,057,190 | $512.9M | 0.02% | +63,835+0.3% | Added |
| State Street Corp | 20,600,468 | $439.4M | 0.01% | +620,511+3.1% | Added |
| Greenhaven Associates IncSuperinvestorGreenhaven Associates | 14,285,228 | $304.6M | 3.52% | −22,460−0.2% | Reduced |
| Geode Capital Management, LLC | 14,123,689 | $300.6M | 0.02% | +360,724+2.6% | Added |
| Invesco Ltd. | 12,361,881 | $263.6M | 0.02% | −759,290−5.8% | Reduced |
Holders of 5% or more of BAX
See all 6 holders and filingsHolders whose latest Schedule 13D or 13G filing reports 5% or more of Baxter International Inc.
| Holder | Latest form | Stake | Change | First filed | Latest filing | Filing |
|---|---|---|---|---|---|---|
| Pzena Investment Management LLC | 13G/A | 12.70%65.3M shares | −1.10 ppfrom 13.80% | Oct 21, 20245 filings | Apr 21, 2026 | SEC |
| Dodge & Cox | 13G/A | 11.20%57.4M shares | +1.10 ppfrom 10.10% | Feb 13, 20245 filings | Nov 13, 2025 | SEC |
| FMR LLC | 13G/A | 10.30%53.0M shares | +1.30 ppfrom 9.00% | Feb 5, 20263 filings | Jun 5, 2026 | SEC |
| Vanguard Capital Management LLC | 13G | 7.36%38.0M shares | New | Apr 29, 20261 filing | Apr 29, 2026 | SEC |
| BlackRock, Inc. | 13G/A | 6.40%33.1M shares | −1.10 ppfrom 7.50% | Apr 24, 20252 filings | Apr 27, 2026 | SEC |
Politician trades
All politician trades in BAX11 members of Congress reported 24 trades in Baxter International Inc since 2020. Newest filings:
| Filed | Politician | Type | Amount |
|---|---|---|---|
| Nov 21, 2025 |  Lisa C. McClain House · MI | Buy | $1K-$15K |
| Nov 21, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |
| Nov 21, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |
| Oct 22, 2025 | Lisa C. McClain House · MI | Buy | $1K-$15K |
| Sep 12, 2025 | Lisa C. McClain House · MI | Sell | $1K-$15K |
House · MI · Nov 21, 2025
Buy$1K-$15K
House · MI · Nov 21, 2025
Sell$1K-$15K
House · MI · Nov 21, 2025
Sell$1K-$15K
House · MI · Oct 22, 2025
Buy$1K-$15K
House · MI · Sep 12, 2025
Sell$1K-$15K