Susquehanna Issues Positive Forecast for Baker Hughes (NASDAQ:BKR) Stock Price

Baker Hughes (NASDAQ:BKR) had its price objective hoisted by Susquehanna from $70.00 to $80.00 in a research report report published on Monday morning, MarketBeat Ratings reports. They currently have a positive rating on the stock.

Other research analysts also recently issued reports about the company. BMO Capital Markets upped their price target on Baker Hughes from $65.00 to $70.00 and gave the company an “outperform” rating in a report on Tuesday, March 3rd. HSBC upped their price target on Baker Hughes from $67.00 to $85.00 and gave the company a “buy” rating in a report on Monday. UBS Group upped their price target on Baker Hughes from $69.00 to $73.00 and gave the company a “neutral” rating in a report on Monday. Royal Bank Of Canada upped their price target on Baker Hughes from $68.00 to $71.00 and gave the company an “outperform” rating in a report on Monday. Finally, JPMorgan Chase & Co. upped their price target on Baker Hughes from $60.00 to $74.00 and gave the company an “overweight” rating in a report on Monday. Nineteen investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $67.73.

Baker Hughes Trading Down 0.8%

Baker Hughes stock opened at $68.42 on Monday. The company has a current ratio of 2.13, a quick ratio of 1.77 and a debt-to-equity ratio of 0.79. The business’s fifty day simple moving average is $61.48 and its two-hundred day simple moving average is $53.92. Baker Hughes has a 12 month low of $34.56 and a 12 month high of $70.41. The company has a market capitalization of $67.62 billion, a price-to-earnings ratio of 21.86, a price-to-earnings-growth ratio of 2.34 and a beta of 0.90.

Baker Hughes (NASDAQ:BKR) last released its earnings results on Thursday, April 23rd. The company reported $0.58 EPS for the quarter, topping the consensus estimate of $0.49 by $0.09. Baker Hughes had a return on equity of 14.17% and a net margin of 11.17%.The business had revenue of $6.59 billion for the quarter, compared to the consensus estimate of $6.71 billion. During the same period in the previous year, the company posted $0.51 earnings per share. The company’s revenue for the quarter was up 2.5% compared to the same quarter last year. As a group, equities analysts predict that Baker Hughes will post 2.4 earnings per share for the current fiscal year.

Baker Hughes Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Investors of record on Tuesday, May 5th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date is Tuesday, May 5th. Baker Hughes’s dividend payout ratio is 29.39%.

Insider Transactions at Baker Hughes

In related news, CEO Lorenzo Simonelli sold 272,594 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $58.79, for a total transaction of $16,025,801.26. Following the completion of the sale, the chief executive officer owned 866,444 shares in the company, valued at approximately $50,938,242.76. This represents a 23.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Rebecca L. Charlton sold 843 shares of the company’s stock in a transaction on Tuesday, February 3rd. The shares were sold at an average price of $56.34, for a total value of $47,494.62. Following the sale, the chief accounting officer owned 14,019 shares of the company’s stock, valued at approximately $789,830.46. This trade represents a 5.67% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 590,251 shares of company stock worth $35,311,023 in the last three months. 0.19% of the stock is owned by insiders.

Institutional Trading of Baker Hughes

A number of hedge funds and other institutional investors have recently bought and sold shares of BKR. Activest Wealth Management increased its position in Baker Hughes by 1,242.5% in the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock worth $26,000 after buying an additional 497 shares in the last quarter. EFG International AG purchased a new stake in shares of Baker Hughes during the fourth quarter worth about $26,000. Cullen Frost Bankers Inc. grew its holdings in Baker Hughes by 344.1% during the 4th quarter. Cullen Frost Bankers Inc. now owns 604 shares of the company’s stock valued at $27,000 after buying an additional 468 shares in the last quarter. Quarry LP purchased a new position in Baker Hughes during the 4th quarter valued at approximately $31,000. Finally, E Fund Management Hong Kong Co. Ltd. grew its holdings in Baker Hughes by 104.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock valued at $32,000 after buying an additional 337 shares in the last quarter. Hedge funds and other institutional investors own 92.06% of the company’s stock.

Key Headlines Impacting Baker Hughes

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Broad analyst upgrades following Q1: BKR reported upbeat first‑quarter results (EPS beat) that prompted many firms to boost forecasts and targets, underpinning the bullish analyst revisions. Article Title
• Positive Sentiment: BMO Capital Markets raised its target to $80 and kept an Outperform rating — a sizable upside call that supports further upside expectations. BMO raise
• Positive Sentiment: TD Cowen boosted its target to $75 and kept a Buy rating, joining others in lifting near‑term earnings expectations. TD Cowen raise
• Positive Sentiment: Susquehanna and Citigroup both moved targets to $80 (Susquehanna labeled “positive,” Citi “buy”), while HSBC raised its target to $85 — several large firms signaling meaningful upside. Susquehanna raise HSBC raise Citi raise
• Positive Sentiment: JPMorgan, Stifel and RBC raised targets and kept constructive ratings (Overweight/Buy/Outperform), reinforcing demand‑side confidence in BKR’s outlook. JPMorgan raise Stifel/other lifts
• Neutral Sentiment: UBS raised its price target to $73 but maintained a Neutral rating — a modestly constructive move that is less bullish than the buy/outperform cohort. UBS raise
• Neutral Sentiment: Market commentary frames BKR’s intraday swing as part of broader energy momentum and sector rotation rather than company‑specific negative news. Kalkine article
• Negative Sentiment: Despite the analyst upgrades, BKR is trading lower on heavier than average volume — indicating short‑term profit‑taking or rotation into other energy names, which can cap near‑term upside until buyers absorb supply.

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.