Q1 EPS Estimates for Baker Hughes Lowered by Atb Cap Markets

Baker Hughes (NASDAQ:BKR) – Equities researchers at Atb Cap Markets lowered their Q1 2026 earnings per share (EPS) estimates for shares of Baker Hughes in a research report issued on Tuesday, June 10th. Atb Cap Markets analyst W. Syed now expects that the company will post earnings of $0.45 per share for the quarter, down from their prior forecast of $0.46. The consensus estimate for Baker Hughes’ current full-year earnings is $2.59 per share. Atb Cap Markets also issued estimates for Baker Hughes’ Q2 2026 earnings at $0.63 EPS, Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.47 EPS and FY2027 earnings at $2.62 EPS.

Baker Hughes (NASDAQ:BKR) last released its earnings results on Tuesday, April 22nd. The company reported $0.51 EPS for the quarter, beating the consensus estimate of $0.48 by $0.03. Baker Hughes had a net margin of 10.70% and a return on equity of 14.58%. The company had revenue of $6.43 billion for the quarter, compared to analyst estimates of $6.54 billion.

Other equities analysts have also recently issued reports about the company. Susquehanna decreased their price target on Baker Hughes from $48.00 to $46.00 and set a “positive” rating on the stock in a research note on Thursday, April 24th. Morgan Stanley cut their target price on shares of Baker Hughes from $55.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, May 16th. Barclays lowered their price target on shares of Baker Hughes from $54.00 to $48.00 and set an “overweight” rating for the company in a report on Thursday, April 24th. TD Cowen dropped their price target on shares of Baker Hughes from $50.00 to $49.00 and set a “buy” rating for the company in a research report on Thursday, April 24th. Finally, Piper Sandler decreased their price objective on shares of Baker Hughes from $53.00 to $50.00 and set an “overweight” rating on the stock in a research report on Thursday, April 24th. Two analysts have rated the stock with a hold rating and eighteen have given a buy rating to the stock. According to MarketBeat.com, Baker Hughes presently has a consensus rating of “Moderate Buy” and a consensus price target of $49.11.

Baker Hughes Trading Down 0.1%

NASDAQ BKR opened at $39.03 on Thursday. The firm has a market cap of $38.67 billion, a PE ratio of 13.10, a price-to-earnings-growth ratio of 2.00 and a beta of 0.91. Baker Hughes has a 1-year low of $30.93 and a 1-year high of $49.40. The stock has a 50-day moving average of $37.21 and a 200-day moving average of $41.46. The company has a current ratio of 1.32, a quick ratio of 0.94 and a debt-to-equity ratio of 0.35.

Institutional Trading of Baker Hughes

Several large investors have recently added to or reduced their stakes in BKR. Vanguard Group Inc. increased its stake in shares of Baker Hughes by 0.8% in the 1st quarter. Vanguard Group Inc. now owns 122,118,216 shares of the company’s stock worth $5,367,096,000 after purchasing an additional 924,501 shares in the last quarter. Capital Research Global Investors grew its holdings in Baker Hughes by 0.6% during the fourth quarter. Capital Research Global Investors now owns 27,687,590 shares of the company’s stock valued at $1,135,744,000 after purchasing an additional 177,232 shares during the period. Geode Capital Management LLC increased its position in Baker Hughes by 1.9% in the fourth quarter. Geode Capital Management LLC now owns 24,543,925 shares of the company’s stock worth $1,004,212,000 after buying an additional 465,832 shares in the last quarter. Norges Bank bought a new position in shares of Baker Hughes in the fourth quarter worth about $829,092,000. Finally, FMR LLC lifted its position in shares of Baker Hughes by 12.5% during the 4th quarter. FMR LLC now owns 15,702,057 shares of the company’s stock valued at $644,098,000 after buying an additional 1,744,225 shares in the last quarter. 92.06% of the stock is currently owned by institutional investors.

Baker Hughes Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, May 16th. Stockholders of record on Tuesday, May 6th were paid a $0.23 dividend. This represents a $0.92 annualized dividend and a dividend yield of 2.36%. The ex-dividend date was Tuesday, May 6th. Baker Hughes’s dividend payout ratio (DPR) is presently 31.40%.

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.