Q3 EPS Estimates for Baker Hughes Raised by Seaport Res Ptn

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

Baker Hughes (NASDAQ:BKR) last released its quarterly earnings data on Tuesday, October 22nd. The company reported $0.67 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.61 by $0.06. Baker Hughes had a net margin of 8.20% and a return on equity of 13.77%. The firm had revenue of $6.91 billion for the quarter, compared to the consensus estimate of $7.21 billion. During the same period last year, the firm earned $0.42 earnings per share. The company’s quarterly revenue was up 4.0% on a year-over-year basis.

A number of other research firms also recently issued reports on BKR. Stifel Nicolaus increased their price objective on shares of Baker Hughes from $40.00 to $45.00 and gave the company a “buy” rating in a research note on Monday, July 29th. Argus raised shares of Baker Hughes from a “hold” rating to a “buy” rating in a research report on Friday, October 25th. BMO Capital Markets increased their target price on shares of Baker Hughes from $43.00 to $45.00 and gave the company an “outperform” rating in a research report on Thursday, October 10th. TD Cowen increased their target price on shares of Baker Hughes from $46.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, July 29th. Finally, Piper Sandler decreased their target price on shares of Baker Hughes from $45.00 to $44.00 and set an “overweight” rating for the company in a research report on Monday, July 15th. Two analysts have rated the stock with a hold rating and seventeen have issued a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $44.12.

Baker Hughes Price Performance

NASDAQ BKR opened at $37.85 on Friday. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.88 and a current ratio of 1.30. The firm’s 50 day moving average price is $35.98 and its 200-day moving average price is $34.54. Baker Hughes has a 52-week low of $28.32 and a 52-week high of $39.05. The company has a market cap of $37.60 billion, a PE ratio of 16.97, a P/E/G ratio of 0.64 and a beta of 1.38.

Institutional Trading of Baker Hughes

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Twin Tree Management LP grew its position in Baker Hughes by 183.0% during the first quarter. Twin Tree Management LP now owns 338,738 shares of the company’s stock valued at $11,348,000 after buying an additional 219,060 shares during the period. Wedge Capital Management L L P NC grew its position in shares of Baker Hughes by 20.5% in the second quarter. Wedge Capital Management L L P NC now owns 726,291 shares of the company’s stock valued at $25,544,000 after purchasing an additional 123,689 shares during the period. BI Asset Management Fondsmaeglerselskab A S grew its position in shares of Baker Hughes by 134.7% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 238,857 shares of the company’s stock valued at $8,002,000 after purchasing an additional 137,099 shares during the period. Wakefield Asset Management LLLP grew its position in shares of Baker Hughes by 132.1% in the first quarter. Wakefield Asset Management LLLP now owns 118,484 shares of the company’s stock valued at $3,969,000 after purchasing an additional 67,440 shares during the period. Finally, National Bank of Canada FI grew its position in shares of Baker Hughes by 4.7% in the first quarter. National Bank of Canada FI now owns 869,786 shares of the company’s stock valued at $28,129,000 after purchasing an additional 39,031 shares during the period. Institutional investors and hedge funds own 92.06% of the company’s stock.

Insider Transactions at Baker Hughes

In other news, CEO Lorenzo Simonelli sold 114,286 shares of the stock in a transaction on Thursday, August 8th. The shares were sold at an average price of $35.00, for a total value of $4,000,010.00. Following the sale, the chief executive officer now owns 502,053 shares in the company, valued at $17,571,855. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.25% of the company’s stock.

Baker Hughes Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date is Monday, November 4th. This represents a $0.84 dividend on an annualized basis and a dividend yield of 2.22%. Baker Hughes’s payout ratio is currently 37.67%.

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.