Baker Hughes (NASDAQ:BKR) Price Target Raised to $53.00

Baker Hughes (NASDAQ:BKR) had its price objective boosted by Capital One Financial from $49.00 to $53.00 in a research report sent to investors on Tuesday,MarketScreener reports. They currently have an overweight rating on the stock. Capital One Financial also issued estimates for Baker Hughes’ Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.64 EPS, FY2025 earnings at $2.38 EPS, Q1 2026 earnings at $0.51 EPS, Q2 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.76 EPS, FY2026 earnings at $2.55 EPS, Q1 2027 earnings at $0.59 EPS, Q2 2027 earnings at $0.72 EPS and FY2027 earnings at $2.90 EPS.

BKR has been the topic of several other research reports. Evercore ISI raised their price objective on shares of Baker Hughes from $53.00 to $55.00 and gave the company an “outperform” rating in a research report on Wednesday, July 30th. Industrial Alliance Securities set a $53.00 price target on shares of Baker Hughes in a research note on Wednesday, July 30th. TD Cowen upped their price objective on shares of Baker Hughes from $52.00 to $54.00 and gave the company a “buy” rating in a research note on Thursday, July 24th. UBS Group reiterated a “neutral” rating and issued a $46.00 target price (up previously from $43.00) on shares of Baker Hughes in a research report on Wednesday, July 30th. Finally, Susquehanna boosted their price target on shares of Baker Hughes from $46.00 to $52.00 and gave the stock a “positive” rating in a research note on Thursday, July 24th. Twenty-one equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $52.32.

Baker Hughes Stock Performance

Shares of BKR opened at $47.28 on Tuesday. Baker Hughes has a 12-month low of $33.60 and a 12-month high of $49.40. The company has a current ratio of 1.41, a quick ratio of 1.00 and a debt-to-equity ratio of 0.33. The company has a market cap of $46.61 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 2.11 and a beta of 1.01. The stock has a 50-day moving average price of $43.98 and a 200-day moving average price of $40.75.

Baker Hughes (NASDAQ:BKR) last announced its earnings results on Tuesday, July 22nd. The company reported $0.63 earnings per share for the quarter, beating analysts’ consensus estimates of $0.55 by $0.08. Baker Hughes had a net margin of 11.04% and a return on equity of 14.56%. The business had revenue of $6.91 billion for the quarter, compared to the consensus estimate of $6.64 billion. During the same period last year, the firm posted $0.57 earnings per share. Baker Hughes’s quarterly revenue was down 3.2% on a year-over-year basis. Baker Hughes has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities analysts forecast that Baker Hughes will post 2.59 earnings per share for the current fiscal year.

Baker Hughes Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, August 15th. Stockholders of record on Tuesday, August 5th were given a $0.23 dividend. This represents a $0.92 dividend on an annualized basis and a dividend yield of 1.9%. The ex-dividend date of this dividend was Tuesday, August 5th. Baker Hughes’s payout ratio is currently 30.07%.

Insider Buying and Selling

In other news, CEO Lorenzo Simonelli sold 526,568 shares of the stock in a transaction on Wednesday, July 23rd. The stock was sold at an average price of $44.42, for a total value of $23,390,150.56. Following the sale, the chief executive officer directly owned 667,593 shares of the company’s stock, valued at approximately $29,654,481.06. This represents a 44.10% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.27% of the company’s stock.

Institutional Investors Weigh In On Baker Hughes

Several institutional investors and hedge funds have recently made changes to their positions in BKR. Forum Financial Management LP boosted its holdings in shares of Baker Hughes by 1.4% during the 2nd quarter. Forum Financial Management LP now owns 17,255 shares of the company’s stock valued at $662,000 after acquiring an additional 233 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Baker Hughes by 4.2% in the second quarter. Steward Partners Investment Advisory LLC now owns 6,790 shares of the company’s stock worth $260,000 after purchasing an additional 275 shares during the last quarter. Prosperity Consulting Group LLC grew its position in Baker Hughes by 2.7% in the 1st quarter. Prosperity Consulting Group LLC now owns 10,533 shares of the company’s stock worth $463,000 after purchasing an additional 278 shares during the period. V Square Quantitative Management LLC grew its position in Baker Hughes by 1.4% in the 2nd quarter. V Square Quantitative Management LLC now owns 21,758 shares of the company’s stock worth $834,000 after purchasing an additional 292 shares during the period. Finally, Greenleaf Trust raised its stake in Baker Hughes by 2.2% during the 1st quarter. Greenleaf Trust now owns 13,852 shares of the company’s stock valued at $609,000 after buying an additional 293 shares during the last quarter. Institutional investors 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.