Baker Hughes Named Top Socially Responsible Dividend Stock with 2.1% Yield

Baker Hughes has been named a Top Socially Responsible Dividend Stock by Dividend Channel. The company has a 2.1% yield and is included in the iShares MSCI USA ESG Select ETF and the iShares MSCI KLD 400 Social Index Fund ETF. Baker Hughes operates in the Oil & Gas Equipment & Services sector and has a history of dividend payments.

Baker Hughes has been recognized as a Top Socially Responsible Dividend Stock by Dividend Channel. The company boasts a 2.1% yield and is included in the iShares MSCI USA ESG Select ETF and the iShares MSCI KLD 400 Social Index Fund ETF. Baker Hughes operates within the Oil & Gas Equipment & Services sector and has a history of consistent dividend payments.

The company's recent acquisition of Chart Industries, valued at $13.6 billion, aims to expand its liquid and gas handling capabilities across industrial and energy markets [1]. This move underscores Baker Hughes' commitment to growth and innovation. The acquisition is expected to be debt financed, with the enlarged group's debt at 2.25x underlying cash profit at close, reducing to 1.0-1.5x within 24 months [1].

Institutional investors have shown significant interest in Baker Hughes, with several large investors increasing their stakes. Empower Advisory Group LLC, for instance, raised its holding by 0.5%, now owning over 2 million shares valued at approximately $93 million [2]. Other notable investors include Pacer Advisors and Neuberger Berman, which increased their holdings by 2,585.6% and 2,527.6%, respectively [2]. Analysts have also adjusted their price targets, with Piper Sandler lowering their target from $53.00 to $50.00 [2].

Baker Hughes' recent earnings report showed strong performance, with earnings per share (EPS) of $0.63 for the quarter, beating analysts' consensus estimates of $0.55 by $0.08. The company reported revenue of $6.91 billion for the quarter, a 3.2% decrease compared to the same quarter last year [2]. Despite the decrease in revenue, Baker Hughes maintained a return on equity of 14.56% and a net margin of 11.04%.

CEO Lorenzo Simonelli sold 526,568 shares of Baker Hughes stock recently, indicating a 44.10% decrease in his position. The sale was disclosed in a document filed with the SEC [2]. Insiders own 0.27% of the company's stock, while institutional investors hold 92.06% of the shares [2].

Baker Hughes' stock has a market cap of $43.13 billion, a price-to-earnings ratio of 14.30, and a beta of 0.94. The company's debt-to-equity ratio is 0.33, and its current ratio is 1.41. The stock's 50-day and 200-day moving averages are $39.85 and $40.92, respectively [2].

Baker Hughes' inclusion in socially responsible ETFs and its consistent dividend payments make it an attractive option for investors seeking both financial returns and social responsibility.

References:
[1] https://www.hl.co.uk/shares/share-research/baker-hughes-136bn-agreement-to-acquire-chart-industries
[2] https://www.marketbeat.com/instant-alerts/filing-baker-hughes-company-nasdaqbkr-stock-holdings-raised-by-empower-advisory-group-llc-2025-08-05/