Atb Cap Markets Lifts Earnings Estimates for Baker Hughes

Baker Hughes Company (NASDAQ:BKR) – Analysts at Atb Cap Markets boosted their Q3 2025 earnings per share (EPS) estimates for Baker Hughes in a report issued on Wednesday, July 23rd. Atb Cap Markets analyst W. Syed now anticipates that the company will post earnings of $0.60 per share for the quarter, up from their previous forecast of $0.55. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share.

A number of other equities analysts also recently commented on the company. Stifel Nicolaus decreased their target price on Baker Hughes from $50.00 to $49.00 and set a “buy” rating for the company in a research note on Wednesday, July 16th. Morgan Stanley decreased their target price on Baker Hughes from $55.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 16th. TD Cowen lifted their target price on Baker Hughes from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Thursday. UBS Group lifted their target price on Baker Hughes from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Thursday. Finally, Evercore ISI decreased their target price on Baker Hughes from $52.00 to $50.00 and set an “outperform” rating for the company in a research note on Thursday, April 24th. Two research analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $49.50.

Baker Hughes Stock Up 0.7%

Shares of Baker Hughes stock opened at $46.05 on Friday. The company has a quick ratio of 0.93, a current ratio of 1.41 and a debt-to-equity ratio of 0.33. The firm has a market cap of $45.62 billion, a P/E ratio of 15.05, a P/E/G ratio of 5.74 and a beta of 0.91. Baker Hughes has a fifty-two week low of $32.25 and a fifty-two week high of $49.40. The business has a 50-day moving average price of $38.89 and a 200 day moving average price of $40.97.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings data on Tuesday, July 22nd. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.55 by $0.08. The firm had revenue of $6.91 billion during the quarter, compared to analyst estimates of $6.64 billion. Baker Hughes had a return on equity of 14.56% and a net margin of 11.04%. Baker Hughes’s quarterly revenue was down 3.2% on a year-over-year basis. During the same period in the previous year, the company earned $0.57 earnings per share.

Baker Hughes Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th will be paid a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 2.00%. The ex-dividend date is Tuesday, August 5th. Baker Hughes’s dividend payout ratio (DPR) is currently 30.07%.

Insider Transactions at Baker Hughes

In other Baker Hughes news, CEO Lorenzo Simonelli sold 526,568 shares of the business’s stock in a transaction on Wednesday, July 23rd. The shares were sold at an average price of $44.42, for a total transaction of $23,390,150.56. Following the sale, the chief executive officer directly owned 667,593 shares of the company’s stock, valued at $29,654,481.06. The trade was a 44.10% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 0.27% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Baker Hughes

A number of hedge funds have recently modified their holdings of the stock. Wayfinding Financial LLC bought a new stake in Baker Hughes in the first quarter worth $28,000. Golden State Wealth Management LLC boosted its holdings in Baker Hughes by 678.7% in the first quarter. Golden State Wealth Management LLC now owns 693 shares of the company’s stock worth $30,000 after purchasing an additional 604 shares in the last quarter. N.E.W. Advisory Services LLC bought a new stake in Baker Hughes in the first quarter worth $30,000. Grove Bank & Trust boosted its holdings in Baker Hughes by 76.2% in the first quarter. Grove Bank & Trust now owns 740 shares of the company’s stock worth $33,000 after purchasing an additional 320 shares in the last quarter. Finally, Spire Wealth Management boosted its holdings in Baker Hughes by 132.9% in the first quarter. Spire Wealth Management now owns 815 shares of the company’s stock worth $36,000 after purchasing an additional 465 shares in the last quarter. 92.06% of the stock is owned by institutional investors and hedge funds.

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.