Atb Cap Markets Forecasts Lower Earnings for Baker Hughes

Baker Hughes (NASDAQ:BKR) – Equities research analysts at Atb Cap Markets reduced their Q1 2026 earnings per share (EPS) estimates for Baker Hughes in a report issued on Tuesday, June 10th. Atb Cap Markets analyst W. Syed now forecasts that the company will post earnings of $0.45 per share for the quarter, down from their prior forecast of $0.46. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Atb Cap Markets also issued estimates for Baker Hughes’ Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.47 EPS and FY2027 earnings at $2.62 EPS.

BKR has been the subject of several other research reports. Stifel Nicolaus set a $50.00 price objective on shares of Baker Hughes and gave the company a “buy” rating in a research note on Thursday, April 24th. Susquehanna lowered their target price on Baker Hughes from $48.00 to $46.00 and set a “positive” rating on the stock in a report on Thursday, April 24th. TD Securities dropped their price target on Baker Hughes from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Piper Sandler cut their price target on Baker Hughes from $53.00 to $50.00 and set an “overweight” rating for the company in a report on Thursday, April 24th. Finally, Citigroup lowered their price objective 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 analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Baker Hughes currently has a consensus rating of “Moderate Buy” and a consensus price target of $49.11.

Baker Hughes Stock Performance

Shares of NASDAQ:BKR opened at $38.63 on Thursday. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 0.94. Baker Hughes has a 1 year low of $30.93 and a 1 year high of $49.40. The firm has a market capitalization of $38.27 billion, a PE ratio of 12.96, a P/E/G ratio of 2.00 and a beta of 0.91. The business’s 50 day moving average price is $37.27 and its 200-day moving average price is $41.42.

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

Baker Hughes Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were paid a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.38%. The ex-dividend date of this dividend was Tuesday, May 6th. Baker Hughes’s dividend payout ratio (DPR) is 31.40%.

Institutional Trading of Baker Hughes

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Baker Hughes by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 122,118,216 shares of the company’s stock valued at $5,367,096,000 after buying an additional 924,501 shares during the period. Capital Research Global Investors grew its position in Baker Hughes by 0.6% in 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 acquiring an additional 177,232 shares in the last quarter. Geode Capital Management LLC increased its stake in Baker Hughes by 1.9% during the fourth quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company’s stock worth $1,004,212,000 after purchasing an additional 465,832 shares during the period. Norges Bank acquired a new stake in shares of Baker Hughes during the fourth quarter worth about $829,092,000. Finally, FMR LLC lifted its position in shares of Baker Hughes by 12.5% during the fourth quarter. FMR LLC now owns 15,702,057 shares of the company’s stock worth $644,098,000 after purchasing an additional 1,744,225 shares in the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

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.