Seaport Res Ptn Expects Weaker Earnings for Baker Hughes

Baker Hughes (NASDAQ:BKR - Free Report) - Equities research analysts at Seaport Res Ptn decreased their Q4 2025 EPS estimates for Baker Hughes in a research note issued on Monday, April 28th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings per share of $0.68 for the quarter, down from their prior estimate of $0.78. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share.

Baker Hughes (NASDAQ:BKR - Get Free Report) last posted its quarterly earnings results on Tuesday, April 22nd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%. The business had revenue of $6.43 billion during the quarter, compared to the consensus estimate of $6.54 billion.

A number of other research firms have also recently commented on BKR. Royal Bank of Canada decreased their target price on shares of Baker Hughes from $50.00 to $46.00 and set an "outperform" rating on the stock in a research note on Thursday, April 24th. Benchmark reiterated a "buy" rating and set a $57.00 price objective on shares of Baker Hughes in a report on Tuesday, February 11th. The Goldman Sachs Group upped their target price on Baker Hughes from $51.00 to $52.00 and gave the stock a "buy" rating in a report on Thursday, January 23rd. Piper Sandler dropped their price target on Baker Hughes from $53.00 to $50.00 and set an "overweight" rating on the stock in a research note on Thursday, April 24th. Finally, Citigroup lowered their target price on Baker Hughes from $54.00 to $53.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Two equities research analysts have rated the stock with a hold rating and eighteen have given a buy rating to the company's stock. Based on data from MarketBeat.com, Baker Hughes presently has an average rating of "Moderate Buy" and a consensus target price of $49.11.

Baker Hughes Stock Down 0.9 %

Shares of NASDAQ BKR traded down $0.35 during trading on Thursday, reaching $36.75. The company had a trading volume of 6,805,021 shares, compared to its average volume of 6,949,392. The stock has a market cap of $36.41 billion, a PE ratio of 12.33, a P/E/G ratio of 2.00 and a beta of 0.96. The company has a quick ratio of 0.94, a current ratio of 1.32 and a debt-to-equity ratio of 0.35. The business's 50-day moving average is $40.44 and its 200 day moving average is $42.07. Baker Hughes has a 12-month low of $30.93 and a 12-month high of $49.40.

Institutional Investors Weigh In On Baker Hughes

Institutional investors have recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC bought a new position in Baker Hughes during the 4th quarter worth approximately $640,000. Burney Co. lifted its holdings in Baker Hughes by 315.0% during the 4th quarter. Burney Co. now owns 138,788 shares of the company's stock valued at $5,693,000 after purchasing an additional 105,349 shares during the last quarter. Geode Capital Management LLC grew its position in shares of Baker Hughes by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company's stock valued at $1,004,212,000 after purchasing an additional 465,832 shares during the last quarter. Northstar Advisory Group LLC bought a new position in Baker Hughes during the fourth quarter worth about $1,180,000. Finally, Artemis Investment Management LLP lifted its position in shares of Baker Hughes by 29.4% during the 4th quarter. Artemis Investment Management LLP now owns 1,053,947 shares of the company's stock valued at $43,233,000 after acquiring an additional 239,773 shares during the period. 92.06% of the stock is owned by institutional investors and hedge funds.

Baker Hughes Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, May 16th. Shareholders of record on Tuesday, May 6th will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, May 6th. This represents a $0.92 dividend on an annualized basis and a yield of 2.50%. Baker Hughes's payout ratio is currently 31.40%.

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.