Baker Hughes (NASDAQ:BKR) Stock Rating Upgraded by Wall Street Zen

Baker Hughes (NASDAQ:BKR) was upgraded by analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a research report issued on Saturday.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. raised their target price on Baker Hughes from $53.00 to $60.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 27th. Stifel Nicolaus lifted their price objective on Baker Hughes from $58.00 to $63.00 and gave the company a “buy” rating in a report on Monday. Susquehanna boosted their target price on shares of Baker Hughes from $58.00 to $65.00 and gave the company a “positive” rating in a research note on Tuesday, January 27th. Bank of America increased their target price on shares of Baker Hughes from $52.00 to $54.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Finally, iA Financial set a $60.00 price target on shares of Baker Hughes in a report on Tuesday, January 27th. Twenty investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, Baker Hughes has an average rating of “Moderate Buy” and an average price target of $58.30.

Baker Hughes Price Performance

NASDAQ:BKR opened at $58.92 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 1.00 and a current ratio of 1.41. The company has a 50-day moving average of $50.12 and a 200-day moving average of $47.74. Baker Hughes has a 52 week low of $33.60 and a 52 week high of $59.54. The company has a market capitalization of $58.14 billion, a price-to-earnings ratio of 22.66, a PEG ratio of 1.54 and a beta of 0.89.

Baker Hughes (NASDAQ:BKR) last posted its quarterly earnings results on Monday, January 26th. The company reported $0.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.67 by $0.11. The firm had revenue of $7.39 billion during the quarter, compared to analyst estimates of $7.09 billion. Baker Hughes had a net margin of 9.33% and a return on equity of 14.51%. The company’s quarterly revenue was up .3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.70 earnings per share. As a group, equities research analysts anticipate that Baker Hughes will post 2.59 earnings per share for the current fiscal year.

Insider Transactions at Baker Hughes

In related news, CAO Rebecca L. Charlton sold 1,985 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $55.77, for a total value of $110,703.45. Following the completion of the sale, the chief accounting officer owned 12,052 shares of the company’s stock, valued at $672,140.04. This trade represents a 14.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director William G. Beattie sold 18,023 shares of the company’s stock in a transaction on Tuesday, February 3rd. The stock was sold at an average price of $57.29, for a total value of $1,032,537.67. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 20,851 shares of company stock valued at $1,190,736. Insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Baker Hughes

A number of institutional investors and hedge funds have recently modified their holdings of the business. Brandywine Global Investment Management LLC increased its holdings in Baker Hughes by 8.2% during the second quarter. Brandywine Global Investment Management LLC now owns 648,149 shares of the company’s stock worth $24,850,000 after buying an additional 49,108 shares during the last quarter. Synergy Asset Management LLC bought a new position in shares of Baker Hughes in the 3rd quarter valued at about $1,920,000. Robeco Institutional Asset Management B.V. increased its stake in shares of Baker Hughes by 23.9% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 458,415 shares of the company’s stock worth $22,334,000 after purchasing an additional 88,536 shares during the last quarter. Webster Bank N. A. acquired a new position in shares of Baker Hughes during the 3rd quarter worth about $3,434,000. Finally, California Public Employees Retirement System raised its holdings in shares of Baker Hughes by 8.7% in the 2nd quarter. California Public Employees Retirement System now owns 1,800,362 shares of the company’s stock valued at $69,026,000 after purchasing an additional 144,381 shares during the period. 92.06% of the stock is owned by institutional investors.

Trending Headlines about Baker Hughes

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

• Positive Sentiment: Baker Hughes won a preferred‑provider role to supply downstream chemicals to Marathon Petroleum across North America — a commercial win that supports recurring revenue and aftermarket exposure in refining, which can boost near‑term revenue visibility. Marathon deal
• Positive Sentiment: The company declared a quarterly cash dividend of $0.23 per share (record Feb 17, payable Feb 27), reinforcing shareholder returns and supporting investor income demand; yield ~1.6% and payout ratio remains moderate.
• Positive Sentiment: Analyst momentum and institutional buying: several firms recently raised price targets and multiple large institutions have added to positions, underpinning a favorable analyst/institutional backdrop and supporting demand for shares.
• Neutral Sentiment: Zacks and other commentary highlight BKR as a momentum/energy‑tech name after its multi‑year rally — useful context for momentum investors but not an immediate fundamental change. Zacks momentum piece
• Neutral Sentiment: A Yahoo Finance piece discusses whether current pricing reflects Baker Hughes’ expanding energy‑tech role after its rally — informative for valuation debates but not a discrete catalyst. Yahoo Finance
• Neutral Sentiment: Short interest data in the feed appears to show zero shares / NaN changes (likely a reporting quirk). Current short‑interest ratios are negligible per that report — if accurate, it reduces short‑squeeze risk; if erroneous, ignore until corrected.
• Negative Sentiment: Insider selling: Director William Beattie sold ~18,023 shares (~$1.03M) on Feb 3. Insider sales can be perceived negatively by some investors, especially if timed near highs, though one director sale is not uncommon and may be for personal reasons. Insider trade filing

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.