Baker Hughes (NASDAQ:BKR) Posts Earnings Results, Beats Estimates By $0.09 EPS

Baker Hughes (NASDAQ:BKR) released its quarterly earnings results on Thursday. The company reported $0.58 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.49 by $0.09, Zacks reports. Baker Hughes had a return on equity of 14.26% and a net margin of 9.33%.The business had revenue of $6.59 billion during the quarter, compared to analysts’ expectations of $6.71 billion. During the same period in the previous year, the business posted $0.51 earnings per share. The firm’s revenue for the quarter was up 2.5% compared to the same quarter last year.

Baker Hughes Stock Performance

Shares of NASDAQ:BKR opened at $64.49 on Friday. The company has a current ratio of 1.36, a quick ratio of 1.00 and a debt-to-equity ratio of 0.28. The stock has a market capitalization of $63.73 billion, a P/E ratio of 24.80, a P/E/G ratio of 2.12 and a beta of 0.90. The business has a 50-day moving average price of $61.18 and a two-hundred day moving average price of $53.56. Baker Hughes has a 1-year low of $34.56 and a 1-year high of $67.00.

Baker Hughes Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 15th. Shareholders of record on Tuesday, May 5th will be issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.4%. The ex-dividend date of this dividend is Tuesday, May 5th. Baker Hughes’s payout ratio is currently 35.38%.

Insider Buying and Selling

In other news, CEO Lorenzo Simonelli sold 272,594 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $58.79, for a total value of $16,025,801.26. Following the completion of the sale, the chief executive officer directly owned 866,444 shares of the company’s stock, valued at $50,938,242.76. This represents a 23.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Rebecca L. Charlton sold 843 shares of the company’s stock in a transaction dated Tuesday, February 3rd. The shares were sold at an average price of $56.34, for a total value of $47,494.62. Following the completion of the sale, the chief accounting officer directly owned 14,019 shares of the company’s stock, valued at approximately $789,830.46. This trade represents a 5.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 590,251 shares of company stock valued at $35,311,023. Insiders own 0.19% of the company’s stock.

Institutional Trading of Baker Hughes

A number of institutional investors and hedge funds have recently modified their holdings of the stock. UMB Bank n.a. increased its stake in shares of Baker Hughes by 3.6% in the 4th quarter. UMB Bank n.a. now owns 6,993 shares of the company’s stock valued at $318,000 after acquiring an additional 246 shares during the last quarter. Mindset Wealth Management LLC increased its stake in shares of Baker Hughes by 1.5% in the 4th quarter. Mindset Wealth Management LLC now owns 19,019 shares of the company’s stock valued at $866,000 after acquiring an additional 276 shares during the last quarter. Coldstream Capital Management Inc. increased its stake in shares of Baker Hughes by 2.2% in the 3rd quarter. Coldstream Capital Management Inc. now owns 13,183 shares of the company’s stock valued at $642,000 after acquiring an additional 288 shares during the last quarter. L2 Asset Management LLC increased its stake in shares of Baker Hughes by 7.6% in the 4th quarter. L2 Asset Management LLC now owns 4,969 shares of the company’s stock valued at $226,000 after acquiring an additional 351 shares during the last quarter. Finally, Benjamin Edwards Inc. increased its stake in shares of Baker Hughes by 3.5% in the 2nd quarter. Benjamin Edwards Inc. now owns 10,831 shares of the company’s stock valued at $415,000 after acquiring an additional 365 shares during the last quarter. 92.06% of the stock is owned by institutional investors.

Key Stories Impacting Baker Hughes

Here are the key news stories impacting Baker Hughes this week:

• Positive Sentiment: Q1 profit and EPS beat expectations, driven by strength in industrial and energy-technology businesses; investors view the results as confirmation of demand resilience. Baker Hughes beats first-quarter profit boosted by industrial, energy tech demand Baker Hughes (BKR) Q1 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Baker Hughes declared a quarterly cash dividend of $0.23 per share (record May 5; payable May 15), which supports income-oriented investor demand. Baker Hughes Declares Quarterly Dividend
• Positive Sentiment: Third‑party coverage highlighted a sizeable rebound in net income and strong top-line performance (reported revenue and EPS beats in some feeds), reinforcing the bullish reaction — note some data sources differ on exact figures. Baker Hughes Company (BKR) Releases Q1 2026 Earnings: Revenue and EPS Beat, Net Income Rebound
• Neutral Sentiment: Revenue guidance for Q2 and FY26 was updated to ranges that straddle consensus, leaving guidance interpretation mixed — steady but not clearly bullish. (Company guidance released with earnings / slide deck.)
• Neutral Sentiment: Wall Street sentiment remains constructive overall (multiple recent buy/overweight ratings and a median 6‑month price target near $65), which supports the rally but does not indicate a consensus large upside. Baker Hughes Company (BKR) Releases Q1 2026 Earnings: Revenue and EPS Beat, Net Income Rebound
• Negative Sentiment: Significant insider selling and notable institutional reductions were reported (several insiders sold shares; large hedge‑fund/institution moves include big position cuts), which could pressure the stock if selling continues. Baker Hughes Company (BKR) Releases Q1 2026 Earnings: Revenue and EPS Beat, Net Income Rebound

Analyst Ratings Changes

A number of research analysts recently issued reports on the company. Stifel Nicolaus lifted their price target on Baker Hughes from $58.00 to $63.00 and gave the company a “buy” rating in a report on Monday, February 2nd. iA Financial set a $60.00 price objective on Baker Hughes in a report on Tuesday, January 27th. Jefferies Financial Group boosted their price objective on Baker Hughes from $59.00 to $67.00 and gave the stock a “buy” rating in a report on Saturday, January 31st. Royal Bank Of Canada boosted their price objective on Baker Hughes from $63.00 to $68.00 and gave the stock an “outperform” rating in a report on Tuesday, April 14th. Finally, UBS Group boosted their price objective on Baker Hughes from $61.00 to $69.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Nineteen analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Baker Hughes has an average rating of “Moderate Buy” and a consensus price target of $61.86.

About Baker Hughes

Baker Hughes is an energy technology company that provides a broad portfolio of products, services and digital solutions for the oil and gas and industrial markets. Its offerings span oilfield services and equipment — including drilling, evaluation, completion and production technologies — as well as turbomachinery, compressors and related process equipment used in midstream and downstream operations. The company also supplies aftermarket services, field support and integrated solutions designed to improve asset performance and uptime across the energy value chain.

The firm’s roots trace back to the merger of Baker International and Hughes Tool Company, and more recently it combined with GE’s oil and gas business in 2017 to form Baker Hughes, a GE company (BHGE); subsequent changes in ownership restored Baker Hughes as an independent publicly traded company.