Zacks Research Decreases Earnings Estimates for Baker Hughes

Baker Hughes (NASDAQ:BKR) – Equities research analysts at Zacks Research reduced their Q2 2025 earnings per share estimates for shares of Baker Hughes in a research report issued on Thursday, February 20th. Zacks Research analyst R. Department now anticipates that the company will earn $0.60 per share for the quarter, down from their previous estimate of $0.62. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes’ Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.78 EPS, FY2026 earnings at $2.93 EPS and FY2027 earnings at $3.05 EPS.

Several other equities research analysts have also commented on the stock. Susquehanna lifted their price target on shares of Baker Hughes from $53.00 to $55.00 and gave the stock a “positive” rating in a research note on Monday, February 3rd. The Goldman Sachs Group lifted their target price on Baker Hughes from $51.00 to $52.00 and gave the stock a “buy” rating in a research report on Thursday, January 23rd. TD Cowen decreased their target price on Baker Hughes from $53.00 to $51.00 and set a “buy” rating for the company in a research report on Wednesday, January 8th. Bank of America lifted their price target on Baker Hughes from $42.00 to $48.00 and gave the stock a “buy” rating in a research report on Wednesday, December 18th. Finally, Stifel Nicolaus increased their price objective on Baker Hughes from $48.00 to $54.00 and gave the company a “buy” rating in a report on Monday, February 3rd. Two analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $51.06.

Baker Hughes Stock Down 1.3 %

Shares of NASDAQ:BKR opened at $44.04 on Monday. The firm has a 50 day simple moving average of $44.38 and a 200-day simple moving average of $40.38. Baker Hughes has a twelve month low of $29.19 and a twelve month high of $49.40. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35. The company has a market capitalization of $43.60 billion, a PE ratio of 14.78, a P/E/G ratio of 2.00 and a beta of 1.39.

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

Hedge Funds Weigh In On Baker Hughes

Large investors have recently modified their holdings of the business. Norges Bank acquired a new position in Baker Hughes during the fourth quarter worth $829,092,000. Raymond James Financial Inc. purchased a new stake in shares of Baker Hughes during the 4th quarter worth $291,289,000. Neuberger Berman Group LLC grew its stake in shares of Baker Hughes by 2,527.6% during the 4th quarter. Neuberger Berman Group LLC now owns 3,319,418 shares of the company’s stock worth $136,158,000 after purchasing an additional 3,193,089 shares during the period. Hotchkis & Wiley Capital Management LLC increased its holdings in shares of Baker Hughes by 34.7% in the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 10,920,478 shares of the company’s stock valued at $394,775,000 after purchasing an additional 2,811,940 shares in the last quarter. Finally, Congress Asset Management Co. acquired a new stake in shares of Baker Hughes in the fourth quarter valued at about $107,155,000. 92.06% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Baker Hughes

In other Baker Hughes news, EVP Maria C. Borras sold 8,000 shares of Baker Hughes stock in a transaction that occurred on Monday, January 27th. The stock was sold at an average price of $44.77, for a total value of $358,160.00. Following the sale, the executive vice president now owns 173,302 shares of the company’s stock, valued at approximately $7,758,730.54. The trade was a 4.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.25% of the company’s stock.

Baker Hughes Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, February 21st. Stockholders of record on Tuesday, February 11th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.09%. This is a positive change from Baker Hughes’s previous quarterly dividend of $0.21. The ex-dividend date was Tuesday, February 11th. Baker Hughes’s payout ratio is 30.87%.

Baker Hughes Company Profile

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.