Brokers Set Expectations for Baker Hughes Q1 Earnings

Baker Hughes (NASDAQ:BKR) – Analysts at Capital One Financial cut their Q1 2025 earnings per share (EPS) estimates for Baker Hughes in a research note issued on Monday, February 3rd. Capital One Financial analyst D. Becker now forecasts that the company will earn $0.48 per share for the quarter, down from their previous forecast of $0.52. The consensus estimate for Baker Hughes’ current full-year earnings is $2.55 per share. Capital One Financial also issued estimates for Baker Hughes’ Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.68 EPS, FY2025 earnings at $2.58 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.77 EPS, Q4 2026 earnings at $0.92 EPS and FY2026 earnings at $3.04 EPS.

Baker Hughes (NASDAQ:BKR) last released its earnings results on Thursday, January 30th. The company reported $0.70 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.63 by $0.07. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%.

Several other equities research analysts also recently commented on the stock. The Goldman Sachs Group upped their price objective on shares of Baker Hughes from $51.00 to $52.00 and gave the company a “buy” rating in a report on Thursday, January 23rd. Benchmark reaffirmed a “buy” rating and issued a $42.00 price objective on shares of Baker Hughes in a report on Thursday, October 24th. Atb Cap Markets downgraded shares of Baker Hughes from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 10th. Wells Fargo & Company raised their price objective on shares of Baker Hughes from $49.00 to $54.00 and gave the stock an “overweight” rating in a report on Monday. Finally, Citigroup raised their price objective on shares of Baker Hughes from $42.00 to $50.00 and gave the stock a “buy” rating in a report on Thursday, November 14th. Two research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $50.18.

Baker Hughes Stock Up 1.2 %

BKR stock opened at $47.96 on Wednesday. The stock has a fifty day moving average of $43.11 and a 200-day moving average of $39.20. Baker Hughes has a fifty-two week low of $28.32 and a fifty-two week high of $48.04. The company has a market capitalization of $47.46 billion, a price-to-earnings ratio of 16.09, a PEG ratio of 0.89 and a beta of 1.39. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32.

Hedge Funds Weigh In On Baker Hughes

Large investors have recently added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. increased its position in shares of Baker Hughes by 39.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 10,227 shares of the company’s stock valued at $360,000 after acquiring an additional 2,898 shares during the period. Sanctuary Advisors LLC purchased a new position in shares of Baker Hughes in the second quarter valued at about $1,505,000. Park Avenue Securities LLC increased its position in shares of Baker Hughes by 6.0% in the third quarter. Park Avenue Securities LLC now owns 26,703 shares of the company’s stock valued at $965,000 after acquiring an additional 1,501 shares during the period. Czech National Bank increased its position in shares of Baker Hughes by 6.4% in the third quarter. Czech National Bank now owns 202,371 shares of the company’s stock valued at $7,316,000 after acquiring an additional 12,192 shares during the period. Finally, GAMMA Investing LLC increased its position in shares of Baker Hughes by 42.9% in the third quarter. GAMMA Investing LLC now owns 7,288 shares of the company’s stock valued at $263,000 after acquiring an additional 2,187 shares during the period. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Insider Transactions at Baker Hughes

In related news, EVP Maria C. Borras sold 8,000 shares of Baker Hughes stock in a transaction on Monday, January 27th. The shares were sold at an average price of $44.77, for a total value of $358,160.00. Following the transaction, the executive vice president now owns 173,302 shares in the company, valued at $7,758,730.54. This trade represents a 4.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.25% of the stock is currently owned by insiders.

Baker Hughes Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Tuesday, February 11th will be issued a dividend of $0.23 per share. This is an increase from Baker Hughes’s previous quarterly dividend of $0.21. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.92%. The ex-dividend date of this dividend is Tuesday, February 11th. Baker Hughes’s payout ratio is currently 28.19%.

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company operates through Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET) segments. The OFSE segment designs and manufactures products and provides related services, including exploration, appraisal, development, production, rejuvenation, and decommissioning for onshore and offshore oilfield operations.