Atb Cap Markets Brokers Lower Earnings Estimates for HP

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Investment analysts at Atb Cap Markets dropped their Q3 2025 earnings per share (EPS) estimates for shares of Helmerich & Payne in a research report issued to clients and investors on Wednesday, June 11th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will post earnings per share of $0.19 for the quarter, down from their previous estimate of $0.20. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Atb Cap Markets also issued estimates for Helmerich & Payne's Q4 2025 earnings at $0.17 EPS, FY2025 earnings at $1.07 EPS, Q1 2026 earnings at $0.17 EPS, Q2 2026 earnings at $0.13 EPS, Q3 2026 earnings at $0.16 EPS and Q4 2026 earnings at $0.19 EPS.

Helmerich & Payne (NYSE:HP - Get Free Report) last posted its earnings results on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share for the quarter, missing analysts' consensus estimates of $0.65 by ($0.63). Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%. The business had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $961.03 million. During the same period in the previous year, the firm earned $0.84 earnings per share. The company's revenue was up 47.7% compared to the same quarter last year.

Several other brokerages have also commented on HP. Barclays cut their target price on Helmerich & Payne from $24.00 to $20.00 and set an "equal weight" rating on the stock in a research report on Wednesday, May 14th. Morgan Stanley cut their price target on Helmerich & Payne from $27.00 to $20.00 and set an "underweight" rating on the stock in a report on Friday, May 16th. Wall Street Zen lowered shares of Helmerich & Payne from a "hold" rating to a "sell" rating in a research note on Thursday, May 22nd. TD Cowen cut their target price on shares of Helmerich & Payne from $28.00 to $26.00 and set a "hold" rating on the stock in a research note on Friday, May 9th. Finally, The Goldman Sachs Group cut their price objective on shares of Helmerich & Payne from $32.00 to $25.00 and set a "sell" rating on the stock in a research report on Thursday, April 10th. Three analysts have rated the stock with a sell rating, nine have given a hold rating and two have assigned a buy rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Hold" and a consensus price target of $27.73.

Helmerich & Payne Trading Down 1.4%

Shares of NYSE:HP traded down $0.25 during trading on Friday, reaching $18.04. The stock had a trading volume of 2,786,233 shares, compared to its average volume of 1,705,776. Helmerich & Payne has a 52 week low of $14.65 and a 52 week high of $42.60. The company has a debt-to-equity ratio of 0.60, a quick ratio of 2.52 and a current ratio of 2.81. The firm's fifty day moving average is $18.27 and its 200 day moving average is $25.57. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 5.93, a P/E/G ratio of 3.52 and a beta of 0.83.

Helmerich & Payne Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be issued a $0.25 dividend. The ex-dividend date is Friday, August 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.54%. Helmerich & Payne's dividend payout ratio is presently 45.66%.

Hedge Funds Weigh In On Helmerich & Payne

Several large investors have recently bought and sold shares of HP. Intech Investment Management LLC lifted its position in shares of Helmerich & Payne by 32.1% during the first quarter. Intech Investment Management LLC now owns 90,428 shares of the oil and gas company's stock valued at $2,362,000 after purchasing an additional 21,958 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Helmerich & Payne by 34.5% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 213,445 shares of the oil and gas company's stock worth $5,575,000 after buying an additional 54,758 shares in the last quarter. Empowered Funds LLC lifted its holdings in Helmerich & Payne by 9.9% during the first quarter. Empowered Funds LLC now owns 9,459 shares of the oil and gas company's stock worth $247,000 after acquiring an additional 852 shares during the period. Caxton Associates LLP bought a new stake in Helmerich & Payne during the first quarter worth $665,000. Finally, Petrus Trust Company LTA bought a new stake in Helmerich & Payne during the first quarter worth $468,000. 96.05% of the stock is currently owned by institutional investors.

Helmerich & Payne Company Profile

Founded in 1920, Helmerich & Payne, Inc (H&P) NYSE: HP is committed to delivering industry leading levels of drilling productivity and reliability. H&P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.