Seaport Res Ptn Forecasts Stronger Earnings for Baker Hughes

Baker Hughes (NASDAQ:BKR - Free Report) - Equities researchers at Seaport Res Ptn lifted their Q1 2025 EPS estimates for Baker Hughes in a research report issued to clients and investors on Wednesday, February 5th. Seaport Res Ptn analyst T. Curran now expects that the company will earn $0.53 per share for the quarter, up from their previous estimate of $0.49. The consensus estimate for Baker Hughes' current full-year earnings is $2.57 per share. Seaport Res Ptn also issued estimates for Baker Hughes' Q1 2026 earnings at $0.61 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.79 EPS, Q4 2026 earnings at $0.80 EPS and FY2026 earnings at $2.92 EPS.

A number of other equities analysts have also commented on the stock. Piper Sandler raised their price target on shares of Baker Hughes from $53.00 to $55.00 and gave the stock an "overweight" rating in a research report on Monday, February 3rd. Barclays raised their price target on shares of Baker Hughes from $51.00 to $55.00 and gave the stock an "overweight" rating in a research report on Tuesday, February 4th. Evercore ISI raised their price target on shares of Baker Hughes from $46.00 to $52.00 and gave the stock an "outperform" rating in a research report on Wednesday, January 15th. Citigroup raised their target price on shares of Baker Hughes from $42.00 to $50.00 and gave the company a "buy" rating in a report on Thursday, November 14th. Finally, Jefferies Financial Group raised their target price on shares of Baker Hughes from $48.00 to $50.00 and gave the company a "buy" rating in a report on Friday, January 3rd. Two analysts have rated the stock with a hold rating and seventeen have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $51.06.

Baker Hughes Stock Performance

Shares of NASDAQ BKR traded down $0.30 during mid-day trading on Friday, reaching $47.11. 5,240,411 shares of the company were exchanged, compared to its average volume of 8,022,121. Baker Hughes has a twelve month low of $28.63 and a twelve month high of $49.40. The stock has a market capitalization of $46.62 billion, a P/E ratio of 15.81, a P/E/G ratio of 2.07 and a beta of 1.39. The company's 50-day simple moving average is $43.49 and its 200-day simple moving average is $39.62. The company has a quick ratio of 0.94, a current ratio of 1.32 and a debt-to-equity ratio of 0.35.

Baker Hughes (NASDAQ:BKR - Get Free Report) last posted its earnings results on Thursday, January 30th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.63 by $0.07. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%.

Baker Hughes Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, February 21st. Investors of record on Tuesday, February 11th will be given a dividend of $0.23 per share. The ex-dividend date is Tuesday, February 11th. This is an increase from Baker Hughes's previous quarterly dividend of $0.21. This represents a $0.92 annualized dividend and a yield of 1.95%. Baker Hughes's dividend payout ratio (DPR) is currently 28.19%.

Insider Buying and Selling

In other news, EVP Maria C. Borras sold 8,000 shares of the business's stock in a transaction that occurred on Monday, January 27th. The shares were sold at an average price of $44.77, for a total value of $358,160.00. Following the transaction, the executive vice president now owns 173,302 shares in the company, valued at approximately $7,758,730.54. The trade was a 4.41 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 0.25% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of BKR. JFS Wealth Advisors LLC increased its stake in shares of Baker Hughes by 135.9% in the 4th quarter. JFS Wealth Advisors LLC now owns 670 shares of the company's stock valued at $27,000 after acquiring an additional 386 shares in the last quarter. Ashton Thomas Securities LLC bought a new stake in shares of Baker Hughes in the 3rd quarter valued at $30,000. SBI Securities Co. Ltd. bought a new stake in Baker Hughes during the 4th quarter valued at $30,000. Larson Financial Group LLC increased its stake in Baker Hughes by 41.2% during the 4th quarter. Larson Financial Group LLC now owns 740 shares of the company's stock valued at $30,000 after purchasing an additional 216 shares in the last quarter. Finally, True Wealth Design LLC increased its stake in Baker Hughes by 2,181.6% during the 3rd quarter. True Wealth Design LLC now owns 867 shares of the company's stock valued at $31,000 after purchasing an additional 829 shares in the last quarter. Institutional investors and hedge funds own 92.06% of the company's stock.

Baker Hughes Company Profile

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.