Zacks Research Decreases Earnings Estimates for Baker Hughes

Key Points

• Zacks Research has lowered its Q3 2025 earnings per share estimate for Baker Hughes to $0.60 from $0.61, while the full-year forecast remains at $2.59 per share.
• Baker Hughes recently reported a quarterly EPS of $0.63, exceeding analysts' expectations, despite a year-over-year revenue decrease of 3.2%.
• The company announced a $0.23 quarterly dividend, which will be distributed to stockholders on August 15th, indicating a dividend yield of 2.2%.

Baker Hughes Company (NASDAQ:BKR - Free Report) - Stock analysts at Zacks Research reduced their Q3 2025 earnings estimates for Baker Hughes in a research note issued on Tuesday, August 12th. Zacks Research analyst R. Department now forecasts that the company will earn $0.60 per share for the quarter, down from their previous estimate of $0.61. The consensus estimate for Baker Hughes' current full-year earnings is $2.59 per share. Zacks Research also issued estimates for Baker Hughes' Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $2.39 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.65 EPS, Q3 2026 earnings at $0.68 EPS, Q4 2026 earnings at $0.72 EPS, FY2026 earnings at $2.56 EPS, Q1 2027 earnings at $0.61 EPS, Q2 2027 earnings at $0.70 EPS and FY2027 earnings at $2.84 EPS.

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

BKR has been the subject of several other research reports. Jefferies Financial Group set a $58.00 price objective on shares of Baker Hughes in a research report on Wednesday, July 30th. TD Securities dropped their price objective on Baker Hughes from $50.00 to $49.00 and set a "buy" rating on the stock in a research note on Thursday, April 24th. TD Cowen raised their price objective on Baker Hughes from $52.00 to $54.00 and gave the company a "buy" rating in a research note on Thursday, July 24th. Evercore ISI lifted their target price on Baker Hughes from $53.00 to $55.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 30th. Finally, The Goldman Sachs Group lowered their target price on Baker Hughes from $42.00 to $41.00 and set a "buy" rating on the stock in a research note on Wednesday, July 2nd. Three analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat, Baker Hughes presently has a consensus rating of "Moderate Buy" and a consensus target price of $51.47.

Baker Hughes Trading Down 1.0%

NASDAQ:BKR traded down $0.45 on Wednesday, reaching $42.80. 6,566,692 shares of the stock traded hands, compared to its average volume of 8,188,927. The firm has a market capitalization of $42.20 billion, a price-to-earnings ratio of 17.05, a price-to-earnings-growth ratio of 1.95 and a beta of 0.94. The company's 50 day moving average is $40.90 and its 200-day moving average is $40.83. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33. Baker Hughes has a 1-year low of $32.25 and a 1-year high of $49.40.

Institutional Investors Weigh In On Baker Hughes

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Baker Hughes by 1.0% in the second quarter. Vanguard Group Inc. now owns 123,291,916 shares of the company's stock valued at $4,727,012,000 after acquiring an additional 1,173,700 shares during the period. Capital Research Global Investors raised its stake in Baker Hughes by 0.6% during the 4th quarter. Capital Research Global Investors now owns 27,687,590 shares of the company's stock valued at $1,135,744,000 after purchasing an additional 177,232 shares during the period. Geode Capital Management LLC increased its stake in Baker Hughes by 1.6% in the 2nd quarter. Geode Capital Management LLC now owns 25,875,670 shares of the company's stock worth $987,961,000 after acquiring an additional 397,984 shares during the last quarter. Norges Bank bought a new stake in Baker Hughes in the 2nd quarter worth approximately $862,722,000. Finally, Artisan Partners Limited Partnership increased its stake in Baker Hughes by 1.0% in the 2nd quarter. Artisan Partners Limited Partnership now owns 16,677,718 shares of the company's stock worth $639,424,000 after acquiring an additional 167,095 shares during the last quarter. 92.06% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CEO Lorenzo Simonelli sold 526,568 shares of the business's stock in a transaction that occurred on Wednesday, July 23rd. The stock was 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 approximately $29,654,481.06. The trade was a 44.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.27% of the company's stock.

Baker Hughes Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th were given a $0.23 dividend. The ex-dividend date was Tuesday, August 5th. This represents a $0.92 annualized dividend and a yield of 2.1%. Baker Hughes's payout ratio is presently 30.07%.

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.