Q1 EPS Estimates for Baker Hughes Lifted by Seaport Res Ptn

Baker Hughes (NASDAQ:BKR) – Investment analysts at Seaport Res Ptn increased their Q1 2025 earnings estimates for shares of Baker Hughes in a note issued to investors on Wednesday, February 5th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings per share of $0.53 for the quarter, up from their previous forecast of $0.49. The consensus estimate for Baker Hughes’ current full-year earnings is $2.55 per share. Seaport Res Ptn also issued estimates for Baker Hughes’ Q1 2026 earnings at $0.61 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.80 EPS and FY2026 earnings at $2.92 EPS.

A number of other analysts also recently issued reports on BKR. Royal Bank of Canada lifted their price target on shares of Baker Hughes from $49.00 to $53.00 and gave the company an “outperform” rating in a report on Monday. Barclays lifted their price target on shares of Baker Hughes from $51.00 to $55.00 and gave the company an “overweight” rating in a report on Tuesday. Wells Fargo & Company boosted their target price on shares of Baker Hughes from $49.00 to $54.00 and gave the stock an “overweight” rating in a report on Monday. Jefferies Financial Group boosted their target price on shares of Baker Hughes from $48.00 to $50.00 and gave the stock a “buy” rating in a report on Friday, January 3rd. Finally, Evercore ISI boosted their target price on shares of Baker Hughes from $46.00 to $52.00 and gave the stock an “outperform” rating in a report on Wednesday, January 15th. Two research analysts have rated the stock with a hold rating and seventeen have assigned a buy rating to the stock. According to data from MarketBeat, Baker Hughes currently has an average rating of “Moderate Buy” and a consensus price target of $50.18.

Baker Hughes Stock Performance

Shares of NASDAQ BKR opened at $46.98 on Friday. The company has a debt-to-equity ratio of 0.35, a quick ratio of 0.94 and a current ratio of 1.32. The company has a market cap of $46.49 billion, a P/E ratio of 15.77, a P/E/G ratio of 0.89 and a beta of 1.39. The firm’s fifty day moving average is $43.30 and its two-hundred day moving average is $39.35. Baker Hughes has a 52-week low of $28.63 and a 52-week high of $49.40.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings data on Thursday, January 30th. The company reported $0.70 EPS for the quarter, beating 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 business also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Shareholders of record on Tuesday, February 11th will be given a $0.23 dividend. This represents a $0.92 annualized dividend and a yield of 1.96%. This is a boost from Baker Hughes’s previous quarterly dividend of $0.21. The ex-dividend date of this dividend is Tuesday, February 11th. Baker Hughes’s payout ratio is 30.87%.

Insider Transactions at Baker Hughes

In related news, EVP Maria C. Borras sold 8,000 shares of the 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 owns 173,302 shares of the company’s stock, valued at $7,758,730.54. This represents a 4.41 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.25% of the company’s stock.

Institutional Investors Weigh In On Baker Hughes

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Raymond James Financial Inc. purchased a new position in shares of Baker Hughes in the fourth quarter worth $291,289,000. Hotchkis & Wiley Capital Management LLC raised its holdings in shares of Baker Hughes by 34.7% in the third quarter. Hotchkis & Wiley Capital Management LLC now owns 10,920,478 shares of the company’s stock worth $394,775,000 after buying an additional 2,811,940 shares during the last quarter. Congress Asset Management Co. purchased a new position in shares of Baker Hughes in the fourth quarter worth $107,155,000. Yaupon Capital Management LP purchased a new position in shares of Baker Hughes in the third quarter worth $47,296,000. Finally, Eagle Asset Management Inc. raised its holdings in shares of Baker Hughes by 18.6% in the third quarter. Eagle Asset Management Inc. now owns 5,486,207 shares of the company’s stock worth $198,326,000 after buying an additional 860,219 shares during the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

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.