Baker Hughes (NASDAQ:BKR) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Key Points

• Missed EPS: Baker Hughes reported $0.58 EPS versus the $0.62 consensus (a $0.04 miss), although revenue was up roughly 2.5% year‑over‑year.
• Despite the earnings miss the stock rose about 3.1% to $64.49 and analysts remain largely positive, with a consensus "Moderate Buy" and price targets clustered in the mid‑$60s.
• The company declared a $0.23 quarterly dividend (annualized $0.92, ~1.4% yield), while significant insider selling in recent months may raise investor concern.

Baker Hughes (NASDAQ:BKR - Get Free Report) announced its earnings results on Thursday. The company reported $0.58 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by ($0.04), Zacks reports. Baker Hughes had a return on equity of 14.26% and a net margin of 9.33%.The firm's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.51 EPS.

Baker Hughes Stock Up 3.1%

NASDAQ:BKR traded up $1.95 on Thursday, hitting $64.49. The stock had a trading volume of 12,135,967 shares, compared to its average volume of 9,668,577. The company has a quick ratio of 1.00, a current ratio of 1.36 and a debt-to-equity ratio of 0.28. Baker Hughes has a 52 week low of $34.56 and a 52 week high of $67.00. The business's fifty day moving average is $61.11 and its 200 day moving average is $53.49. The company has a market cap of $63.73 billion, a PE ratio of 24.80, a P/E/G ratio of 2.05 and a beta of 0.90.

Baker Hughes Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Friday, February 27th. Investors of record on Tuesday, February 17th were paid a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.4%. The ex-dividend date of this dividend was Tuesday, February 17th. Baker Hughes's dividend payout ratio is 35.38%.

Insider Transactions at Baker Hughes

In other Baker Hughes news, insider Maria Georgia Magno sold 5,063 shares of the business's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $59.04, for a total transaction of $298,919.52. Following the completion of the sale, the insider owned 15,555 shares in the company, valued at approximately $918,367.20. The trade was a 24.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Rebecca L. Charlton sold 843 shares of the company's stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $56.34, for a total transaction of $47,494.62. Following the transaction, the chief accounting officer owned 14,019 shares in the company, valued at approximately $789,830.46. The trade was a 5.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 590,251 shares of company stock worth $35,311,023. Insiders own 0.19% of the company's stock.

Institutional Investors Weigh In On Baker Hughes

Several hedge funds and other institutional investors have recently made changes to their positions in the business. UMB Bank n.a. lifted its position in Baker Hughes by 3.6% in the 4th quarter. UMB Bank n.a. now owns 6,993 shares of the company's stock valued at $318,000 after acquiring an additional 246 shares in the last quarter. Mindset Wealth Management LLC boosted its stake in Baker Hughes by 1.5% during the 4th quarter. Mindset Wealth Management LLC now owns 19,019 shares of the company's stock valued at $866,000 after purchasing an additional 276 shares during the last quarter. Coldstream Capital Management Inc. increased its holdings in Baker Hughes by 2.2% during the 3rd quarter. Coldstream Capital Management Inc. now owns 13,183 shares of the company's stock worth $642,000 after purchasing an additional 288 shares in the last quarter. L2 Asset Management LLC raised its stake in shares of Baker Hughes by 7.6% in the fourth quarter. L2 Asset Management LLC now owns 4,969 shares of the company's stock worth $226,000 after purchasing an additional 351 shares during the last quarter. Finally, Benjamin Edwards Inc. raised its stake in shares of Baker Hughes by 3.5% in the second quarter. Benjamin Edwards Inc. now owns 10,831 shares of the company's stock worth $415,000 after purchasing an additional 365 shares during the last quarter. 92.06% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Royal Bank Of Canada increased their price target on Baker Hughes from $63.00 to $68.00 and gave the stock an "outperform" rating in a report on Tuesday, April 14th. Barclays raised their target price on Baker Hughes from $55.00 to $57.00 and gave the stock an "overweight" rating in a research note on Tuesday, January 27th. Stifel Nicolaus lifted their target price on Baker Hughes from $58.00 to $63.00 and gave the stock a "buy" rating in a report on Monday, February 2nd. Evercore reissued an "outperform" rating and issued a $68.00 price target on shares of Baker Hughes in a research note on Wednesday, February 11th. Finally, Susquehanna increased their price target on Baker Hughes from $65.00 to $70.00 and gave the stock a "positive" rating in a report on Tuesday, April 7th. Twenty research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $61.30.

Key Baker Hughes News

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Q1 results beat expectations: revenue and EPS topped consensus with revenue roughly $7.39B and diluted EPS around $0.88–$0.93; management highlighted strength in industrial and energy‑technology end markets, supporting near‑term earnings momentum. QuiverQuant Q1 2026 Earnings
• Positive Sentiment: Dividend announced: Board declared a $0.23 quarterly cash dividend, which supports income investors and signals confidence in cash returns. Dividend Release
• Positive Sentiment: Analyst sentiment remains favorable with multiple buy/overweight ratings and price targets clustered around the mid‑$60s, providing support for the stock. Analyst Notes
• Neutral Sentiment: Guidance mixed: management issued Q2 revenue guidance of ~$6.3B–$6.8B and FY‑2026 revenue guidance of ~$26.2B–$28.3B (consensus roughly $6.5B for Q2 and $27.0B for FY). EPS guidance fields were not clearly specified in the release, leaving some uncertainty around margin expectations.
• Neutral Sentiment: Official company release and slide deck are available for investors to drill into segment detail and guidance assumptions. Press Release & Slides
• Negative Sentiment: Cash‑flow and leverage signals mixed: cash and cash equivalents surged materially, but cash from operations declined ~30% YoY and total liabilities rose significantly—these trends raise questions about sustainability of the cash build and potential financing or working‑capital drivers. QuiverQuant Financials
• Negative Sentiment: Significant insider and institutional selling: multiple senior executives have sold shares recently and several large institutional holders materially reduced positions, which could concern investors about insider conviction and trigger selling pressure. Insider & Institutional Activity

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm's roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE's oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.