Q3 EPS Estimates for Baker Hughes Lifted by Seaport Res Ptn

Baker Hughes (NASDAQ:BKR - Free Report) - Analysts at Seaport Res Ptn raised their Q3 2025 earnings estimates for Baker Hughes in a research report issued on Tuesday, October 29th. Seaport Res Ptn analyst T. Curran now expects that the company will post earnings per share of $0.74 for the quarter, up from their prior forecast of $0.71. The consensus estimate for Baker Hughes' current full-year earnings is $2.28 per share.

BKR has been the topic of a number of other research reports. JPMorgan Chase & Co. boosted their target price on shares of Baker Hughes from $42.00 to $43.00 and gave the stock an "overweight" rating in a research report on Monday, July 29th. Benchmark reaffirmed a "buy" rating and set a $42.00 price objective on shares of Baker Hughes in a research report on Thursday, October 24th. Citigroup decreased their target price on Baker Hughes from $44.00 to $42.00 and set a "buy" rating on the stock in a research report on Friday, September 27th. UBS Group cut their price target on Baker Hughes from $42.00 to $40.00 and set a "neutral" rating for the company in a report on Wednesday, September 18th. Finally, Piper Sandler decreased their price objective on Baker Hughes from $45.00 to $44.00 and set an "overweight" rating on the stock in a report on Monday, July 15th. Two research analysts have rated the stock with a hold rating and seventeen have given a buy rating to the company. According to MarketBeat.com, Baker Hughes presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.12.

Baker Hughes Stock Performance

NASDAQ BKR traded down $0.23 during trading on Friday, hitting $37.85. The company's stock had a trading volume of 7,919,823 shares, compared to its average volume of 7,227,976. Baker Hughes has a 52 week low of $28.32 and a 52 week high of $39.05. The firm has a market cap of $37.60 billion, a P/E ratio of 16.97, a price-to-earnings-growth ratio of 0.64 and a beta of 1.38. The firm has a 50 day moving average price of $35.98 and a 200 day moving average price of $34.53. The company has a quick ratio of 0.88, a current ratio of 1.30 and a debt-to-equity ratio of 0.37.

Baker Hughes (NASDAQ:BKR - Get Free Report) last released its earnings results on Tuesday, October 22nd. The company reported $0.67 earnings per share for the quarter, topping analysts' consensus estimates of $0.61 by $0.06. The firm had revenue of $6.91 billion during the quarter, compared to analyst estimates of $7.21 billion. Baker Hughes had a net margin of 8.20% and a return on equity of 13.77%. The business's revenue was up 4.0% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.42 EPS.

Baker Hughes Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, November 14th. Stockholders of record on Monday, November 4th will be paid a $0.21 dividend. This represents a $0.84 annualized dividend and a dividend yield of 2.22%. The ex-dividend date is Monday, November 4th. Baker Hughes's dividend payout ratio (DPR) is presently 37.67%.

Insider Transactions at Baker Hughes

In related news, CEO Lorenzo Simonelli sold 114,286 shares of Baker Hughes stock in a transaction on Thursday, August 8th. The stock was sold at an average price of $35.00, for a total transaction of $4,000,010.00. Following the completion of the sale, the chief executive officer now directly owns 502,053 shares of the company's stock, valued at $17,571,855. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.25% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. New Covenant Trust Company N.A. bought a new stake in shares of Baker Hughes during the first quarter worth $34,000. Alta Advisers Ltd acquired a new stake in shares of Baker Hughes in the 2nd quarter valued at about $42,000. Headlands Technologies LLC bought a new stake in shares of Baker Hughes in the second quarter valued at about $48,000. Quarry LP boosted its position in shares of Baker Hughes by 81.1% during the second quarter. Quarry LP now owns 1,594 shares of the company's stock worth $56,000 after buying an additional 714 shares during the period. Finally, UMB Bank n.a. grew its holdings in shares of Baker Hughes by 18.4% during the second quarter. UMB Bank n.a. now owns 1,873 shares of the company's stock worth $66,000 after buying an additional 291 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.