Zacks Research Issues Negative Outlook for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Equities researchers at Zacks Research reduced their Q3 2025 earnings per share (EPS) estimates for Helmerich & Payne in a note issued to investors on Thursday, April 24th. Zacks Research analyst N. Choudhury now forecasts that the oil and gas company will post earnings of $0.56 per share for the quarter, down from their previous estimate of $0.60. The consensus estimate for Helmerich & Payne's current full-year earnings is $2.93 per share. Zacks Research also issued estimates for Helmerich & Payne's Q4 2025 earnings at $0.56 EPS, FY2025 earnings at $2.45 EPS, Q1 2026 earnings at $0.60 EPS, Q2 2026 earnings at $0.59 EPS, Q3 2026 earnings at $0.66 EPS, Q4 2026 earnings at $0.62 EPS and FY2026 earnings at $2.47 EPS.

A number of other research analysts have also recently weighed in on HP. Argus upgraded shares of Helmerich & Payne to a "hold" rating in a research note on Tuesday, February 11th. Barclays dropped their price objective on Helmerich & Payne from $36.00 to $24.00 and set an "equal weight" rating for the company in a research note on Wednesday, February 19th. Citigroup decreased their target price on Helmerich & Payne from $33.00 to $32.00 and set a "buy" rating on the stock in a research note on Tuesday, April 8th. Morgan Stanley restated an "underweight" rating and issued a $27.00 price target on shares of Helmerich & Payne in a research note on Thursday, March 27th. Finally, Royal Bank of Canada reduced their price objective on shares of Helmerich & Payne from $41.00 to $35.00 and set a "sector perform" rating on the stock in a research report on Friday, February 7th. Two research analysts have rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company. According to data from MarketBeat, the stock has an average rating of "Hold" and a consensus target price of $31.78.

Helmerich & Payne Price Performance

Shares of HP traded down $0.97 during mid-day trading on Monday, reaching $18.88. The stock had a trading volume of 1,784,956 shares, compared to its average volume of 1,517,398. The business has a fifty day moving average of $23.33 and a 200 day moving average of $29.70. 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 has a market cap of $1.88 billion, a price-to-earnings ratio of 6.21, a PEG ratio of 3.52 and a beta of 1.00. Helmerich & Payne has a 12 month low of $17.82 and a 12 month high of $42.60.

Helmerich & Payne (NYSE:HP - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The oil and gas company reported $0.71 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.02. Helmerich & Payne had a return on equity of 11.31% and a net margin of 11.02%.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of HP. Balyasny Asset Management L.P. bought a new stake in shares of Helmerich & Payne during the 4th quarter worth approximately $28,708,000. ARGA Investment Management LP increased its stake in Helmerich & Payne by 42.5% in the fourth quarter. ARGA Investment Management LP now owns 2,686,215 shares of the oil and gas company's stock worth $86,013,000 after purchasing an additional 801,000 shares during the period. Norges Bank bought a new stake in shares of Helmerich & Payne during the fourth quarter worth $21,572,000. Bank of America Corp DE boosted its stake in shares of Helmerich & Payne by 542.9% during the fourth quarter. Bank of America Corp DE now owns 523,047 shares of the oil and gas company's stock valued at $16,748,000 after purchasing an additional 441,688 shares during the period. Finally, ExodusPoint Capital Management LP purchased a new stake in shares of Helmerich & Payne during the fourth quarter valued at $10,931,000. Hedge funds and other institutional investors own 96.05% of the company's stock.

Insider Activity

In other news, Director Belgacem Chariag acquired 37,356 shares of the company's stock in a transaction on Monday, February 10th. The stock was bought at an average cost of $27.08 per share, with a total value of $1,011,600.48. Following the completion of the purchase, the director now directly owns 54,606 shares of the company's stock, valued at $1,478,730.48. This represents a 216.56 % increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO John W. Lindsay bought 20,000 shares of Helmerich & Payne stock in a transaction dated Monday, February 10th. The stock was purchased at an average cost of $27.55 per share, for a total transaction of $551,000.00. Following the purchase, the chief executive officer now owns 691,214 shares of the company's stock, valued at approximately $19,042,945.70. This trade represents a 2.98 % increase in their position. The disclosure for this purchase can be found here. Corporate insiders own 4.51% of the company's stock.

Helmerich & Payne Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Stockholders of record on Thursday, May 15th will be issued a $0.25 dividend. The ex-dividend date is Thursday, May 15th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 5.30%. Helmerich & Payne's dividend payout ratio (DPR) is presently 32.89%.

About Helmerich & Payne

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.