Atb Cap Markets Lifts Earnings Estimates for Baker Hughes

Key Points

• Atb Cap Markets has raised its Q3 2025 earnings per share estimate for Baker Hughes to $0.60, up from $0.55, while the current full-year earnings estimate remains at $2.59 per share.
• Baker Hughes reported Q2 earnings of $0.63 per share, exceeding the consensus estimate of $0.55, with a revenue of $6.91 billion for the quarter.
• The company declared a quarterly dividend of $0.23 per share, resulting in an annualized yield of 2.00%, with a current payout ratio of 30.07%.

Baker Hughes Company (NASDAQ:BKR - Free Report) - Equities researchers at Atb Cap Markets lifted their Q3 2025 earnings estimates for Baker Hughes in a research note issued to investors on Wednesday, July 23rd. Atb Cap Markets analyst W. Syed now anticipates that the company will earn $0.60 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share.

Several other equities research analysts have also issued reports on BKR. Barclays lifted their price target on shares of Baker Hughes from $48.00 to $53.00 and gave the company an "overweight" rating in a research note on Thursday. Susquehanna lifted their price objective on shares of Baker Hughes from $46.00 to $52.00 and gave the company a "positive" rating in a research report on Thursday. Jefferies Financial Group reissued a "buy" rating on shares of Baker Hughes in a research report on Sunday. The Goldman Sachs Group decreased their price objective on shares of Baker Hughes from $42.00 to $41.00 and set a "buy" rating for the company in a research report on Wednesday, July 2nd. Finally, TD Securities decreased their price objective on shares of Baker Hughes from $50.00 to $49.00 and set a "buy" rating for the company in a research report on Thursday, April 24th. Two investment analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $49.50.

Baker Hughes Stock Up 0.6%

BKR stock traded up $0.26 during midday trading on Friday, hitting $46.31. The company's stock had a trading volume of 2,068,373 shares, compared to its average volume of 8,024,913. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00. Baker Hughes has a twelve month low of $32.25 and a twelve month high of $49.40. The company's fifty day moving average price is $38.89 and its 200 day moving average price is $40.93. The stock has a market capitalization of $45.88 billion, a P/E ratio of 15.13, a PEG ratio of 5.71 and a beta of 0.91.

Baker Hughes (NASDAQ:BKR - Get Free Report) last issued its quarterly earnings data on Tuesday, July 22nd. The company reported $0.63 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.55 by $0.08. Baker Hughes had a net margin of 11.04% and a return on equity of 14.56%. The company had revenue of $6.91 billion during the quarter, compared to the consensus estimate of $6.64 billion. During the same quarter in the prior year, the firm earned $0.57 earnings per share. The firm's revenue was down 3.2% compared to the same quarter last year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the stock. Prosperity Consulting Group LLC raised its holdings in shares of Baker Hughes by 2.7% in the first quarter. Prosperity Consulting Group LLC now owns 10,533 shares of the company's stock valued at $463,000 after purchasing an additional 278 shares during the last quarter. V Square Quantitative Management LLC increased its holdings in Baker Hughes by 1.4% during the second quarter. V Square Quantitative Management LLC now owns 21,758 shares of the company's stock worth $834,000 after buying an additional 292 shares during the last quarter. Greenleaf Trust increased its holdings in Baker Hughes by 2.2% during the first quarter. Greenleaf Trust now owns 13,852 shares of the company's stock worth $609,000 after buying an additional 293 shares during the last quarter. Moody National Bank Trust Division increased its holdings in Baker Hughes by 5.9% during the second quarter. Moody National Bank Trust Division now owns 5,351 shares of the company's stock worth $205,000 after buying an additional 296 shares during the last quarter. Finally, City Center Advisors LLC increased its holdings in Baker Hughes by 3.6% during the second quarter. City Center Advisors LLC now owns 8,486 shares of the company's stock worth $325,000 after buying an additional 298 shares during the last quarter. 92.06% of the stock is owned by institutional investors.

Insider Transactions at Baker Hughes

In related news, CEO Lorenzo Simonelli sold 526,568 shares of the stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $44.42, for a total transaction of $23,390,150.56. Following the transaction, the chief executive officer directly owned 667,593 shares of the company's stock, valued at $29,654,481.06. This represents a 44.10% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.27% of the stock is currently owned by corporate insiders.

Baker Hughes Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Investors of record on Tuesday, August 5th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.99%. The ex-dividend date of this dividend is Tuesday, August 5th. Baker Hughes's dividend payout ratio is presently 30.07%.

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.