Zacks Research Has Negative Outlook for HP Q2 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Analysts at Zacks Research lowered their Q2 2025 EPS estimates for shares of Helmerich & Payne in a report released on Thursday, March 27th. Zacks Research analyst N. Choudhury now expects that the oil and gas company will earn $0.63 per share for the quarter, down from their previous estimate of $0.67. 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 Q3 2025 earnings at $0.60 EPS, Q4 2025 earnings at $0.63 EPS, FY2025 earnings at $2.57 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.62 EPS, Q3 2026 earnings at $0.73 EPS, Q4 2026 earnings at $0.69 EPS and FY2026 earnings at $2.66 EPS.

Helmerich & Payne (NYSE:HP) last announced its earnings results on Wednesday, February 5th. The oil and gas company reported $0.71 EPS for the quarter, topping 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%.

Other research analysts have also issued research reports about the company. Barclays dropped their target price on Helmerich & Payne from $36.00 to $24.00 and set an “equal weight” rating for the company in a research report on Wednesday, February 19th. Evercore ISI restated an “in-line” rating and set a $39.00 price objective (down previously from $48.00) on shares of Helmerich & Payne in a report on Wednesday, January 15th. Morgan Stanley reaffirmed an “underweight” rating and issued a $27.00 price objective on shares of Helmerich & Payne in a research report on Thursday, March 27th. Argus upgraded Helmerich & Payne to a “hold” rating in a research report on Tuesday, February 11th. Finally, Citigroup upgraded shares of Helmerich & Payne from a “neutral” rating to a “buy” rating and upped their price target for the stock from $33.00 to $40.00 in a report on Friday, January 10th. Two analysts have rated the stock with a sell rating, six have issued a hold rating and three have assigned a buy rating to the company. According to data from MarketBeat.com, Helmerich & Payne currently has a consensus rating of “Hold” and an average price target of $36.11.

Helmerich & Payne Trading Up 3.6 %

Shares of HP opened at $26.17 on Monday. The company’s fifty day simple moving average is $27.82 and its 200-day simple moving average is $31.60. The company has a market cap of $2.60 billion, a P/E ratio of 8.61, a P/E/G ratio of 3.52 and a beta of 1.42. The company has a current ratio of 2.81, a quick ratio of 2.52 and a debt-to-equity ratio of 0.60. Helmerich & Payne has a twelve month low of $23.80 and a twelve month high of $44.11.

Helmerich & Payne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Thursday, May 15th. This represents a $1.00 annualized dividend and a yield of 3.82%. Helmerich & Payne’s dividend payout ratio (DPR) is 32.89%.

Insider Activity at Helmerich & Payne

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

Institutional Investors Weigh In On Helmerich & Payne

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Kestra Investment Management LLC acquired a new stake in Helmerich & Payne during the fourth quarter worth about $27,000. Quarry LP acquired a new stake in shares of Helmerich & Payne during the 3rd quarter worth approximately $48,000. Covestor Ltd increased its holdings in shares of Helmerich & Payne by 61.3% during the 4th quarter. Covestor Ltd now owns 2,386 shares of the oil and gas company’s stock valued at $76,000 after purchasing an additional 907 shares in the last quarter. Steph & Co. acquired a new position in shares of Helmerich & Payne in the 4th quarter valued at $87,000. Finally, Smartleaf Asset Management LLC boosted its holdings in Helmerich & Payne by 82.5% during the fourth quarter. Smartleaf Asset Management LLC now owns 2,805 shares of the oil and gas company’s stock worth $88,000 after buying an additional 1,268 shares in the last quarter. 96.05% of the stock is owned by institutional investors and hedge funds.

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.