Helmerich & Payne, Inc. $HP Shares Sold by Systematic Financial Management LP

Systematic Financial Management LP cut its stake in shares of Helmerich & Payne, Inc. (NYSE:HP) by 3.2% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 590,491 shares of the oil and gas company’s stock after selling 19,773 shares during the quarter. Systematic Financial Management LP’s holdings in Helmerich & Payne were worth $21,275,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Leonteq Securities AG bought a new position in Helmerich & Payne during the 4th quarter worth $26,000. EverSource Wealth Advisors LLC increased its position in Helmerich & Payne by 2,433.8% in the second quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company’s stock worth $25,000 after buying an additional 1,582 shares during the period. Parallel Advisors LLC lifted its stake in Helmerich & Payne by 407.1% in the third quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company’s stock valued at $49,000 after buying an additional 1,787 shares during the last quarter. Hantz Financial Services Inc. lifted its stake in Helmerich & Payne by 24.3% in the fourth quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock valued at $65,000 after buying an additional 445 shares during the last quarter. Finally, Strs Ohio acquired a new position in shares of Helmerich & Payne during the first quarter valued at $101,000. Institutional investors own 96.05% of the company’s stock.

Key Stories Impacting Helmerich & Payne

Here are the key news stories impacting Helmerich & Payne this week:

• Positive Sentiment: Zacks Research boosted longer-term earnings forecasts for Helmerich & Payne, including FY2027 EPS to $1.22 from $1.10 and FY2028 EPS to $2.15 from $1.98, signaling improving profitability expectations.
• Positive Sentiment: Analysts also raised several quarterly estimates, including Q4 2026, Q1 2027, Q2 2027, Q3 2027, and Q4 2027, which points to a more constructive outlook for operations over the next few years.
• Neutral Sentiment: Despite the upgraded forecasts, current full-year estimates remain negative at about ($0.11) per share, indicating Helmerich & Payne is still expected to be unprofitable in the near term.
• Negative Sentiment: Recent estimate changes were mixed, with Zacks also trimming its Q3 2026 EPS view to $0.09 from $0.12, which tempers the near-term optimism.

Analysts Set New Price Targets

HP has been the subject of several recent research reports. Citigroup lowered their price target on shares of Helmerich & Payne from $38.00 to $36.00 and set a “neutral” rating for the company in a research report on Monday, June 29th. Susquehanna cut their price objective on shares of Helmerich & Payne from $43.00 to $40.00 and set a “positive” rating on the stock in a research report on Wednesday, July 8th. Barclays boosted their target price on shares of Helmerich & Payne from $39.00 to $47.00 and gave the company an “overweight” rating in a research note on Friday, May 8th. The Goldman Sachs Group upped their target price on shares of Helmerich & Payne from $35.00 to $41.00 and gave the stock a “neutral” rating in a research report on Wednesday, June 3rd. Finally, Morgan Stanley restated an “underweight” rating and issued a $36.00 price target on shares of Helmerich & Payne in a research note on Wednesday, July 15th. Five research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $39.80.

Helmerich & Payne Stock Down 0.6%

HP stock opened at $35.04 on Friday. Helmerich & Payne, Inc. has a 12 month low of $15.17 and a 12 month high of $41.82. The firm has a market cap of $3.50 billion, a PE ratio of -9.24 and a beta of 0.60. The firm has a 50 day simple moving average of $36.10 and a 200 day simple moving average of $35.40. The company has a debt-to-equity ratio of 0.71, a current ratio of 1.71 and a quick ratio of 1.32.

Helmerich & Payne (NYSE:HP) last posted its quarterly earnings results on Wednesday, May 6th. The oil and gas company reported ($0.38) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.32). The business had revenue of $932.36 million during the quarter, compared to analyst estimates of $945.60 million. Helmerich & Payne had a negative return on equity of 1.16% and a negative net margin of 9.38%.The company’s quarterly revenue was down 8.2% compared to the same quarter last year. During the same quarter last year, the firm posted $0.01 EPS. Equities research analysts forecast that Helmerich & Payne, Inc. will post -0.11 earnings per share for the current fiscal year.

Helmerich & Payne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 1st. Stockholders of record on Tuesday, August 18th will be paid a dividend of $0.25 per share. The ex-dividend date of this dividend is Tuesday, August 18th. This represents a $1.00 annualized dividend and a dividend yield of 2.9%. Helmerich & Payne’s dividend payout ratio (DPR) is currently -26.39%.

Helmerich & Payne Profile

Helmerich & Payne, Inc is a leading provider of contract drilling services to the oil and gas industry, specializing primarily in onshore drilling operations. The company designs, engineers and operates a fleet of advanced drilling rigs, including its proprietary FlexRigs, which are engineered for high efficiency, safety and rapid mobilization. Alongside core drilling services, Helmerich & Payne offers well intervention, workover and coiled tubing services, positioning itself as a comprehensive drilling solutions partner for exploration and production companies worldwide.

Founded in 1920 and headquartered in Tulsa, Oklahoma, Helmerich & Payne has grown through innovation and strategic expansion to serve diverse hydrocarbon basins.