Brokers Issue Forecasts for Baker Hughes FY2025 Earnings

Baker Hughes Company (NASDAQ:BKR) – Atb Cap Markets lifted their FY2025 earnings estimates for Baker Hughes in a research note issued on Wednesday, July 23rd. Atb Cap Markets analyst W. Syed now expects that the company will earn $2.39 per share for the year, up from their previous forecast of $2.25. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Atb Cap Markets also issued estimates for Baker Hughes’ Q1 2026 earnings at $0.48 EPS, Q4 2026 earnings at $0.75 EPS, FY2026 earnings at $2.52 EPS, Q1 2027 earnings at $0.52 EPS, Q2 2027 earnings at $0.66 EPS and FY2027 earnings at $2.66 EPS.

BKR has been the subject of several other research reports. Citigroup lowered their price objective on Baker Hughes from $54.00 to $53.00 and set a “buy” rating for the company in a research note on Tuesday, April 8th. The Goldman Sachs Group lowered their price objective on Baker Hughes from $42.00 to $41.00 and set a “buy” rating for the company in a research note on Wednesday, July 2nd. TD Cowen upped 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. Piper Sandler lowered their price objective on Baker Hughes from $53.00 to $50.00 and set an “overweight” rating for the company in a research note on Thursday, April 24th. Finally, UBS Group upped their price objective on Baker Hughes from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Thursday. Two investment analysts have rated the stock with a hold rating and eighteen have assigned a buy rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $49.50.

Baker Hughes Stock Up 0.7%

BKR stock opened at $46.05 on Monday. The stock has a market capitalization of $45.62 billion, a P/E ratio of 15.05, a price-to-earnings-growth ratio of 5.71 and a beta of 0.91. 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 12 month low of $32.25 and a 12 month high of $49.40. The firm has a 50-day moving average price of $38.89 and a 200-day moving average price of $40.93.

Baker Hughes (NASDAQ:BKR) last posted its earnings results on Tuesday, July 22nd. The company reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.55 by $0.08. The firm had revenue of $6.91 billion during the quarter, compared to analysts’ expectations of $6.64 billion. Baker Hughes had a net margin of 11.04% and a return on equity of 14.56%. The business’s revenue for the quarter was down 3.2% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.57 earnings per share.

Baker Hughes Dividend Announcement

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

Insider Activity at Baker Hughes

In related news, CEO Lorenzo Simonelli sold 526,568 shares of Baker Hughes stock in a transaction dated Wednesday, July 23rd. The stock was sold at an average price of $44.42, for a total value of $23,390,150.56. Following the completion of the sale, the chief executive officer owned 667,593 shares of the company’s stock, valued at approximately $29,654,481.06. This trade represents a 44.10% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.27% of the stock is owned by insiders.

Institutional Investors Weigh In On Baker Hughes

Several large investors have recently added to or reduced their stakes in BKR. Envestnet Asset Management Inc. grew its holdings in Baker Hughes by 2.8% during the 1st quarter. Envestnet Asset Management Inc. now owns 621,468 shares of the company’s stock valued at $27,314,000 after buying an additional 17,035 shares in the last quarter. China Universal Asset Management Co. Ltd. grew its holdings in Baker Hughes by 51.9% during the 1st quarter. China Universal Asset Management Co. Ltd. now owns 24,455 shares of the company’s stock valued at $1,075,000 after buying an additional 8,351 shares in the last quarter. Geode Capital Management LLC grew its holdings in Baker Hughes by 1.9% during the 4th quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company’s stock valued at $1,004,212,000 after buying an additional 465,832 shares in the last quarter. Stack Financial Management Inc purchased a new position in Baker Hughes during the 1st quarter valued at about $12,890,000. Finally, Principal Financial Group Inc. grew its holdings in Baker Hughes by 7.2% during the 1st quarter. Principal Financial Group Inc. now owns 1,239,175 shares of the company’s stock valued at $54,462,000 after buying an additional 82,706 shares in 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.