Parkwood LLC bought $9.46M in Baxter shares, which beat earnings and raised 2025 guidance.

Parkwood LLC invested $9.46 million in Baxter International Inc. ($BAX), buying 312,389 shares in Q2, raising its stake to 0.06%. The company posted strong Q3 earnings on October 30th, reporting $0.69 EPS, beating estimates by $0.09, and achieving 5% year-over-year revenue growth to $2.84 billion. Baxter raised full-year 2025 EPS guidance to $2.35–$2.40 and Q4 guidance to $0.52–$0.57. Despite a negative net margin of 3.09%, the company posted a 17.38% return on equity and declared a $0.01 quarterly dividend. The stock has a market cap of $9.72 billion, trades below its 50- and 200-day moving averages, and has a consensus "Hold" rating with a target price of $22.50.