Baker Hughes (NASDAQ:BKR – Free Report) – Capital One Financial decreased their Q1 2025 EPS estimates for shares of Baker Hughes in a report issued on Monday, February 3rd. Capital One Financial analyst D. Becker now expects that the company will post earnings of $0.48 per share for the quarter, down from their prior estimate 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.
BKR has been the topic of several other research reports. Evercore ISI boosted their price objective on shares of Baker Hughes from $46.00 to $52.00 and gave the stock an “outperform” rating in a research note on Wednesday, January 15th. The Goldman Sachs Group upped their target price on shares of Baker Hughes from $51.00 to $52.00 and gave the stock a “buy” rating in a research note on Thursday, January 23rd. Piper Sandler upped their target price on shares of Baker Hughes from $53.00 to $55.00 and gave the stock an “overweight” rating in a research note on Monday. Citigroup upped their target price on shares of Baker Hughes from $42.00 to $50.00 and gave the stock a “buy” rating in a research note on Thursday, November 14th. Finally, Bank of America upped their target price on shares of Baker Hughes from $42.00 to $48.00 and gave the stock a “buy” rating in a research note on Wednesday, December 18th. Two investment analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Baker Hughes currently has an average rating of “Moderate Buy” and an average price target of $50.18.
Baker Hughes Trading Up 1.2 %
NASDAQ:BKR opened at $47.96 on Wednesday. Baker Hughes has a one year low of $28.32 and a one year high of $48.04. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 0.94. The company’s 50-day simple moving average is $43.11 and its 200 day simple moving average is $39.20. The firm has a market capitalization of $47.46 billion, a P/E ratio of 16.09, a PEG ratio of 0.89 and a beta of 1.39.
Baker Hughes (NASDAQ:BKR – Get Free Report) last posted its quarterly earnings data on Thursday, January 30th. The company reported $0.70 EPS for the quarter, topping the consensus estimate of $0.63 by $0.07. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%.
Baker Hughes Increases Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Tuesday, February 11th will be issued a dividend of $0.23 per share. This is a boost from Baker Hughes’s previous quarterly dividend of $0.21. This represents a $0.92 dividend on an annualized basis and a yield of 1.92%. The ex-dividend date is Tuesday, February 11th. Baker Hughes’s dividend payout ratio is currently 28.19%.
Insider Buying and Selling at Baker Hughes
In other Baker Hughes news, EVP Maria C. Borras sold 8,000 shares of the company’s stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $44.77, for a total transaction of $358,160.00. Following the completion of the sale, the executive vice president now directly owns 173,302 shares of the company’s stock, valued at approximately $7,758,730.54. This represents a 4.41 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 0.25% of the stock is owned by corporate insiders.
Institutional Trading of Baker Hughes
A number of hedge funds and other institutional investors have recently modified their holdings of BKR. JFS Wealth Advisors LLC increased its stake in shares of Baker Hughes by 135.9% in the fourth quarter. JFS Wealth Advisors LLC now owns 670 shares of the company’s stock worth $27,000 after purchasing an additional 386 shares in the last quarter. Ashton Thomas Securities LLC bought a new position in shares of Baker Hughes during the third quarter worth $30,000. True Wealth Design LLC boosted its position in shares of Baker Hughes by 2,181.6% during the third quarter. True Wealth Design LLC now owns 867 shares of the company’s stock worth $31,000 after acquiring an additional 829 shares during the last quarter. Groupama Asset Managment boosted its position in shares of Baker Hughes by 1,045.1% during the third quarter. Groupama Asset Managment now owns 889,378 shares of the company’s stock worth $32,000 after acquiring an additional 811,711 shares during the last quarter. Finally, Continuum Advisory LLC boosted its position in shares of Baker Hughes by 442.2% during the third quarter. Continuum Advisory LLC now owns 976 shares of the company’s stock worth $35,000 after acquiring an additional 796 shares during the last quarter. 92.06% of the stock is owned by hedge funds and other institutional investors.
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.
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