Zacks Research Has Negative Outlook for HP Q2 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Equities research analysts at Zacks Research lowered their Q2 2025 earnings per share estimates for Helmerich & Payne in a report released on Thursday, March 27th. Zacks Research analyst N. Choudhury now anticipates that the oil and gas company will earn $0.63 per share for the quarter, down from their prior 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 earnings per share (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%.

Several other research analysts also recently issued reports on the stock. 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 restated an “underweight” rating and set a $27.00 price target on shares of Helmerich & Payne in a research note on Thursday. Argus upgraded Helmerich & Payne to a “hold” rating in a research report on Tuesday, February 11th. Barclays lowered their price objective on Helmerich & Payne from $36.00 to $24.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 19th. Finally, Citigroup upgraded 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. Two research analysts have rated the stock with a sell rating, six have assigned a hold rating and three have issued a buy rating to the company. According to MarketBeat.com, Helmerich & Payne has an average rating of “Hold” and a consensus price target of $36.11.

Helmerich & Payne Stock Performance

HP opened at $25.27 on Monday. The company has a quick ratio of 2.52, a current ratio of 2.81 and a debt-to-equity ratio of 0.60. The stock’s 50 day moving average price is $28.02 and its two-hundred day moving average price is $31.63. The firm has a market capitalization of $2.51 billion, a P/E ratio of 8.31, a price-to-earnings-growth ratio of 3.52 and a beta of 1.42. Helmerich & Payne has a 12-month low of $23.80 and a 12-month high of $44.11.

Institutional Investors Weigh In On Helmerich & Payne

A number of large investors have recently added to or reduced their stakes in HP. Balyasny Asset Management L.P. bought a new stake in Helmerich & Payne during the fourth quarter worth about $28,708,000. ARGA Investment Management LP raised its position in shares of Helmerich & Payne by 42.5% in the 4th quarter. ARGA Investment Management LP now owns 2,686,215 shares of the oil and gas company’s stock valued at $86,013,000 after buying an additional 801,000 shares in the last quarter. Norges Bank acquired a new position in shares of Helmerich & Payne in the 4th quarter valued at approximately $21,572,000. Bank of America Corp DE lifted its holdings in shares of Helmerich & Payne by 542.9% during the 4th quarter. Bank of America Corp DE now owns 523,047 shares of the oil and gas company’s stock worth $16,748,000 after acquiring an additional 441,688 shares during the period. Finally, ExodusPoint Capital Management LP acquired a new stake in shares of Helmerich & Payne during the 4th quarter worth approximately $10,931,000. Institutional investors and hedge funds own 96.05% of the company’s stock.

Insider Buying and Selling

In other Helmerich & Payne news, Director Belgacem Chariag bought 37,356 shares of Helmerich & Payne stock in a transaction dated Monday, February 10th. The stock was bought at an average cost of $27.08 per share, for a total transaction of $1,011,600.48. Following the purchase, the director now owns 54,606 shares of the company’s stock, valued at $1,478,730.48. The trade was a 216.56 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO John W. Lindsay acquired 20,000 shares of the firm’s stock in a transaction on Monday, February 10th. The stock was bought at an average price of $27.55 per share, for a total transaction of $551,000.00. Following the completion of the acquisition, the chief executive officer now owns 691,214 shares of the company’s stock, valued at approximately $19,042,945.70. The trade was 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 corporate insiders.

Helmerich & Payne Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, May 30th. Investors of record on Thursday, May 15th will be issued a dividend of $0.25 per share. The ex-dividend date is Thursday, May 15th. This represents a $1.00 dividend on an annualized basis and a yield of 3.96%. Helmerich & Payne’s payout ratio is 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.