Q2 EPS Estimates for Baker Hughes Reduced by Seaport Res Ptn

Baker Hughes (NASDAQ:BKR) – Investment analysts at Seaport Res Ptn reduced their Q2 2025 earnings per share (EPS) estimates for Baker Hughes in a research note issued on Monday, April 28th. Seaport Res Ptn analyst T. Curran now anticipates that the company will post earnings of $0.55 per share for the quarter, down from their prior forecast of $0.64. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Seaport Res Ptn also issued estimates for Baker Hughes’ Q3 2025 earnings at $0.65 EPS, Q1 2026 earnings at $0.54 EPS, Q2 2026 earnings at $0.71 EPS, Q3 2026 earnings at $0.77 EPS, Q4 2026 earnings at $0.79 EPS and FY2026 earnings at $2.81 EPS.

Baker Hughes (NASDAQ:BKR) last announced its quarterly earnings data on Tuesday, April 22nd. The company reported $0.51 earnings per share for the quarter, topping the consensus estimate of $0.48 by $0.03. The firm had revenue of $6.43 billion during the quarter, compared to analysts’ expectations of $6.54 billion. Baker Hughes had a return on equity of 14.58% and a net margin of 10.70%.

A number of other research analysts also recently weighed in on BKR. Evercore ISI cut their price target on Baker Hughes from $52.00 to $50.00 and set an “outperform” rating on the stock in a research note on Thursday, April 24th. Susquehanna reduced their target price on Baker Hughes from $48.00 to $46.00 and set a “positive” rating on the stock in a report on Thursday, April 24th. Wells Fargo & Company upped their price target on Baker Hughes from $49.00 to $54.00 and gave the company an “overweight” rating in a research note on Monday, February 3rd. JPMorgan Chase & Co. lifted their price objective on shares of Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a research note on Monday, February 3rd. Finally, Citigroup cut their target price on shares of Baker Hughes from $54.00 to $53.00 and set a “buy” rating on the stock in a report on Tuesday, April 8th. Two analysts have rated the stock with a hold rating and eighteen have issued a buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $49.11.

Baker Hughes Trading Down 1.4 %

Shares of NASDAQ BKR opened at $35.40 on Wednesday. The company’s 50 day simple moving average is $40.75 and its 200 day simple moving average is $42.00. The company has a debt-to-equity ratio of 0.35, a current ratio of 1.32 and a quick ratio of 0.94. Baker Hughes has a fifty-two week low of $30.93 and a fifty-two week high of $49.40. The firm has a market capitalization of $35.05 billion, a P/E ratio of 11.88, a P/E/G ratio of 2.00 and a beta of 1.08.

Baker Hughes Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th will be paid a dividend of $0.23 per share. The ex-dividend date is Tuesday, May 6th. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.60%. Baker Hughes’s dividend payout ratio is 31.40%.

Hedge Funds Weigh In On Baker Hughes

Several hedge funds have recently modified their holdings of BKR. Norges Bank bought a new position in Baker Hughes in the fourth quarter valued at approximately $829,092,000. Raymond James Financial Inc. acquired a new position in Baker Hughes during the fourth quarter worth $291,289,000. Neuberger Berman Group LLC raised its position in Baker Hughes by 2,527.6% during the fourth quarter. Neuberger Berman Group LLC now owns 3,319,418 shares of the company’s stock worth $136,158,000 after acquiring an additional 3,193,089 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in Baker Hughes in the fourth quarter valued at $128,542,000. Finally, Congress Asset Management Co. acquired a new stake in Baker Hughes in the fourth quarter valued at $107,155,000. 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.