Seaport Res Ptn Issues Negative Estimate for HP Earnings

Helmerich & Payne, Inc. (NYSE:HP - Free Report) - Analysts at Seaport Res Ptn reduced their Q2 2025 EPS estimates for shares of Helmerich & Payne in a research note issued to investors on Tuesday, February 11th. Seaport Res Ptn analyst T. Curran now anticipates that the oil and gas company will earn $0.59 per share for the quarter, down from their prior forecast of $0.67. The consensus estimate for Helmerich & Payne's current full-year earnings is $3.11 per share. Seaport Res Ptn also issued estimates for Helmerich & Payne's Q3 2026 earnings at $0.65 EPS, Q4 2026 earnings at $0.78 EPS and Q1 2027 earnings at $0.83 EPS.

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

A number of other equities research analysts have also issued reports on the stock. Argus upgraded shares of Helmerich & Payne to a "hold" rating in a research note on Tuesday, February 11th. Citigroup upgraded shares of Helmerich & Payne from a "neutral" rating to a "buy" rating and upped their target price for the company from $33.00 to $40.00 in a research note on Friday, January 10th. Evercore ISI restated an "in-line" rating and issued a $39.00 target price (down previously from $48.00) on shares of Helmerich & Payne in a research note on Wednesday, January 15th. Barclays cut their target price on shares of Helmerich & Payne from $39.00 to $36.00 and set an "equal weight" rating on the stock in a research note on Wednesday, November 20th. Finally, Benchmark restated a "hold" rating on shares of Helmerich & Payne in a research note on Thursday, November 21st. One research analyst has rated the stock with a sell rating, six have issued a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, Helmerich & Payne has a consensus rating of "Hold" and an average price target of $38.75.

Helmerich & Payne Stock Down 2.8 %

NYSE:HP traded down $0.76 on Thursday, reaching $26.53. The stock had a trading volume of 1,895,995 shares, compared to its average volume of 1,632,362. The company has a current ratio of 2.81, a quick ratio of 2.40 and a debt-to-equity ratio of 0.60. The company has a 50-day moving average of $32.35 and a 200 day moving average of $33.22. The stock has a market cap of $2.64 billion, a P/E ratio of 8.73, a price-to-earnings-growth ratio of 3.41 and a beta of 1.37. Helmerich & Payne has a 12-month low of $26.32 and a 12-month high of $44.11.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Ameritas Investment Partners Inc. boosted its position in Helmerich & Payne by 4.1% in the fourth quarter. Ameritas Investment Partners Inc. now owns 10,113 shares of the oil and gas company's stock valued at $324,000 after buying an additional 395 shares in the last quarter. LPL Financial LLC lifted its position in shares of Helmerich & Payne by 1.9% during the fourth quarter. LPL Financial LLC now owns 21,763 shares of the oil and gas company's stock worth $697,000 after purchasing an additional 408 shares in the last quarter. Napatree Capital LLC lifted its position in shares of Helmerich & Payne by 2.5% during the fourth quarter. Napatree Capital LLC now owns 20,847 shares of the oil and gas company's stock worth $668,000 after purchasing an additional 511 shares in the last quarter. KBC Group NV lifted its position in shares of Helmerich & Payne by 20.3% during the third quarter. KBC Group NV now owns 3,130 shares of the oil and gas company's stock worth $95,000 after purchasing an additional 529 shares in the last quarter. Finally, Covestor Ltd lifted its position in shares of Helmerich & Payne by 76.9% during the third quarter. Covestor Ltd now owns 1,479 shares of the oil and gas company's stock worth $45,000 after purchasing an additional 643 shares in the last quarter. 96.05% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Helmerich & Payne

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

Helmerich & Payne Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, February 28th. Shareholders of record on Friday, February 14th will be paid a $0.25 dividend. The ex-dividend date of this dividend is Friday, February 14th. This represents a $1.00 annualized dividend and a dividend yield of 3.77%. Helmerich & Payne's payout ratio is currently 32.89%.

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.