Q1 2025 EPS Estimates for Helmerich & Payne, Inc. Increased by Atb Cap Markets (NYSE:HP)

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities researchers at Atb Cap Markets increased their Q1 2025 earnings per share estimates for shares of Helmerich & Payne in a report released on Tuesday, April 30th. Atb Cap Markets analyst W. Syed now expects that the oil and gas company will earn $0.93 per share for the quarter, up from their previous forecast of $0.91. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.57 per share. Atb Cap Markets also issued estimates for Helmerich & Payne's Q2 2025 earnings at $0.97 EPS, Q3 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.15 EPS.

Other equities research analysts also recently issued research reports about the company. The Goldman Sachs Group cut their price objective on Helmerich & Payne from $37.00 to $33.00 and set a "sell" rating on the stock in a report on Friday, January 12th. Barclays downgraded shares of Helmerich & Payne from an "overweight" rating to an "equal weight" rating and lowered their target price for the stock from $44.00 to $40.00 in a research note on Wednesday, January 10th. Citigroup raised their price target on Helmerich & Payne from $40.00 to $42.00 and gave the company a "neutral" rating in a research note on Tuesday, April 16th. Piper Sandler increased their price objective on Helmerich & Payne from $41.00 to $44.00 and gave the company a "neutral" rating in a report on Tuesday, February 20th. Finally, Benchmark reaffirmed a "hold" rating on shares of Helmerich & Payne in a report on Thursday, April 25th. Two equities research analysts have rated the stock with a sell rating, eight have given a hold rating and one has issued a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $42.63.

Helmerich & Payne Trading Up 1.7 %

HP stock traded up $0.65 during trading on Friday, reaching $38.48. 1,091,770 shares of the stock were exchanged, compared to its average volume of 1,306,285. Helmerich & Payne has a 1 year low of $30.41 and a 1 year high of $46.55. The firm has a market capitalization of $3.80 billion, a price-to-earnings ratio of 10.92, a P/E/G ratio of 1.84 and a beta of 1.51. The business has a 50 day moving average price of $40.76 and a 200-day moving average price of $38.62. The company has a current ratio of 2.16, a quick ratio of 1.92 and a debt-to-equity ratio of 0.19.

Helmerich & Payne (NYSE:HP - Get Free Report) last issued its quarterly earnings results on Thursday, April 25th. The oil and gas company reported $0.84 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.85 by ($0.01). Helmerich & Payne had a return on equity of 13.21% and a net margin of 12.84%. The firm had revenue of $687.94 million during the quarter, compared to analyst estimates of $682.51 million. During the same period in the prior year, the firm earned $1.26 earnings per share. The business's revenue was down 10.6% on a year-over-year basis.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in HP. Dimensional Fund Advisors LP lifted its stake in shares of Helmerich & Payne by 0.4% in the 4th quarter. Dimensional Fund Advisors LP now owns 5,181,316 shares of the oil and gas company's stock valued at $187,668,000 after purchasing an additional 19,622 shares during the last quarter. Earnest Partners LLC lifted its holdings in Helmerich & Payne by 4.0% in the 3rd quarter. Earnest Partners LLC now owns 2,929,498 shares of the oil and gas company's stock worth $123,508,000 after purchasing an additional 113,735 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Helmerich & Payne by 130.8% in the 4th quarter. Pacer Advisors Inc. now owns 2,720,464 shares of the oil and gas company's stock valued at $98,535,000 after purchasing an additional 1,541,987 shares during the period. Victory Capital Management Inc. increased its position in shares of Helmerich & Payne by 8.7% during the fourth quarter. Victory Capital Management Inc. now owns 2,628,685 shares of the oil and gas company's stock valued at $95,211,000 after purchasing an additional 210,321 shares during the period. Finally, Boston Trust Walden Corp boosted its position in shares of Helmerich & Payne by 1.6% during the 4th quarter. Boston Trust Walden Corp now owns 2,214,742 shares of the oil and gas company's stock valued at $80,218,000 after acquiring an additional 34,863 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CFO Mark W. Smith sold 16,000 shares of Helmerich & Payne stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $40.49, for a total transaction of $647,840.00. Following the completion of the transaction, the chief financial officer now directly owns 144,870 shares in the company, valued at approximately $5,865,786.30. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. In other news, SVP Cara M. Hair sold 9,910 shares of the company's stock in a transaction on Monday, April 29th. The stock was sold at an average price of $40.22, for a total transaction of $398,580.20. Following the completion of the sale, the senior vice president now directly owns 137,764 shares of the company's stock, valued at $5,540,868.08. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Mark W. Smith sold 16,000 shares of Helmerich & Payne stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $40.49, for a total value of $647,840.00. Following the completion of the transaction, the chief financial officer now directly owns 144,870 shares in the company, valued at approximately $5,865,786.30. The disclosure for this sale can be found here. Insiders own 4.38% of the company's stock.

Helmerich & Payne Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 4.37%. The ex-dividend date of this dividend is Thursday, May 16th. Helmerich & Payne's dividend payout ratio is currently 28.57%.

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.