A number of firms have modified their ratings and price targets on shares of Baker Hughes (NASDAQ: BKR) recently:
- 7/20/2026 – Baker Hughes was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/16/2026 – Baker Hughes had its price target lowered by Barclays PLC from $74.00 to $72.00. They now have an “equal weight” rating on the stock.
- 7/14/2026 – Baker Hughes had its price target lowered by Piper Sandler from $72.00 to $71.00. They now have an “overweight” rating on the stock.
- 7/13/2026 – Baker Hughes was downgraded by Weiss Ratings from “buy (b)” to “buy (b-)”.
- 7/12/2026 – Baker Hughes was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/9/2026 – Baker Hughes had its “buy” rating reaffirmed by Jefferies Financial Group Inc..
- 7/8/2026 – Baker Hughes had its price target raised by Citigroup Inc. from $74.00 to $75.00. They now have a “buy” rating on the stock.
- 7/8/2026 – Baker Hughes is now covered by Wolfe Research. They set an “outperform” rating and a $70.00 price target on the stock.
- 7/8/2026 – Baker Hughes is now covered by Wolfe Research. They set an “outperform” rating and a $70.00 price target on the stock.
- 7/8/2026 – Baker Hughes had its price target lowered by Susquehanna from $80.00 to $70.00. They now have a “positive” rating on the stock.
- 7/2/2026 – Baker Hughes had its price target raised by TD Cowen from $75.00 to $77.00. They now have a “buy” rating on the stock.
- 6/15/2026 – Baker Hughes was upgraded by Zacks Research from “strong sell” to “hold”.
- 6/3/2026 – Baker Hughes had its price target lowered by Citigroup Inc. from $80.00 to $74.00. They now have a “buy” rating on the stock.
Baker Hughes Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Tuesday, May 5th were issued a dividend of $0.23 per share. This represents a $0.92 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Tuesday, May 5th. Baker Hughes’s dividend payout ratio (DPR) is currently 29.39%.
Insider Transactions at Baker Hughes
In other Baker Hughes news, CEO Lorenzo Simonelli sold 181,411 shares of the company’s stock in a transaction dated Monday, June 22nd. The shares were sold at an average price of $58.43, for a total transaction of $10,599,844.73. Following the sale, the chief executive officer directly owned 703,444 shares of the company’s stock, valued at approximately $41,102,232.92. This represents a 20.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Rebecca L. Charlton sold 5,088 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $64.22, for a total transaction of $326,751.36. Following the sale, the chief accounting officer directly owned 15,997 shares of the company’s stock, valued at approximately $1,027,327.34. The trade was a 24.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 367,910 shares of company stock worth $22,420,797. Company insiders own 0.19% of the company’s stock.
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.
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