Seaport Res Ptn Reduces Earnings Estimates for Baker Hughes

Baker Hughes Company (NASDAQ:BKR) – Research analysts at Seaport Res Ptn cut their Q2 2026 earnings per share estimates for Baker Hughes in a research report issued to clients and investors on Tuesday, November 18th. Seaport Res Ptn analyst T. Curran now anticipates that the company will post earnings per share of $0.61 for the quarter, down from their previous forecast of $0.67. Seaport Res Ptn currently has a “Hold” rating on the stock. 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 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $2.51 EPS and FY2027 earnings at $3.06 EPS.

Several other research analysts also recently weighed in on BKR. Piper Sandler upped their target price on shares of Baker Hughes from $50.00 to $52.00 and gave the stock an “overweight” rating in a report on Thursday, October 16th. Melius began coverage on Baker Hughes in a research note on Wednesday, August 20th. They issued a “buy” rating and a $60.00 price objective for the company. HSBC increased their target price on Baker Hughes from $54.00 to $56.00 and gave the stock a “buy” rating in a research report on Monday, October 27th. Weiss Ratings reissued a “buy (b)” rating on shares of Baker Hughes in a report on Wednesday. Finally, Cowen restated a “buy” rating on shares of Baker Hughes in a research note on Monday, October 27th. Twenty-three research analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $53.42.

Baker Hughes Stock Performance

Shares of NASDAQ BKR opened at $48.88 on Thursday. The stock has a market cap of $48.23 billion, a PE ratio of 16.86, a price-to-earnings-growth ratio of 2.06 and a beta of 1.03. Baker Hughes has a 1 year low of $33.60 and a 1 year high of $50.92. The firm has a fifty day moving average price of $47.71 and a 200-day moving average price of $43.21. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.41 and a quick ratio of 1.00.

Baker Hughes (NASDAQ:BKR) last released its earnings results on Friday, November 18th. The company reported $0.16 earnings per share (EPS) for the quarter. Baker Hughes had a net margin of 10.43% and a return on equity of 14.22%. The company had revenue of $5.09 billion during the quarter.

Baker Hughes Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Friday, November 14th. Shareholders of record on Tuesday, November 4th were paid a $0.23 dividend. The ex-dividend date of this dividend was Tuesday, November 4th. This represents a $0.92 dividend on an annualized basis and a yield of 1.9%. Baker Hughes’s payout ratio is presently 31.72%.

Insider Activity at Baker Hughes

In other news, EVP Sreeganesh Ramaswamy sold 25,000 shares of the stock in a transaction that occurred on Tuesday, September 23rd. The stock was sold at an average price of $50.00, for a total transaction of $1,250,000.00. Following the completion of the transaction, the executive vice president directly owned 40,520 shares in the company, valued at approximately $2,026,000. This represents a 38.16% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CAO Rebecca L. Charlton sold 1,000 shares of the firm’s stock in a transaction on Tuesday, September 23rd. The shares were sold at an average price of $50.00, for a total transaction of $50,000.00. Following the completion of the transaction, the chief accounting officer directly owned 11,772 shares of the company’s stock, valued at approximately $588,600. This trade represents a 7.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 0.27% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Activest Wealth Management raised its position in Baker Hughes by 1,242.5% during the third quarter. Activest Wealth Management now owns 537 shares of the company’s stock valued at $26,000 after purchasing an additional 497 shares during the period. N.E.W. Advisory Services LLC bought a new position in shares of Baker Hughes during the 1st quarter valued at approximately $30,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in Baker Hughes by 104.0% during the 3rd quarter. E Fund Management Hong Kong Co. Ltd. now owns 661 shares of the company’s stock valued at $32,000 after buying an additional 337 shares during the period. Harbour Investments Inc. lifted its position in Baker Hughes by 61.7% in the second quarter. Harbour Investments Inc. now owns 854 shares of the company’s stock worth $33,000 after buying an additional 326 shares during the last quarter. Finally, LFA Lugano Financial Advisors SA bought a new stake in Baker Hughes in the second quarter worth $36,000. 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.