Atb Cap Markets Comments on Helmerich & Payne, Inc.’s Q1 2025 Earnings (NYSE:HP)

Helmerich & Payne, Inc. (NYSE:HP) – Investment analysts at Atb Cap Markets increased their Q1 2025 EPS estimates for shares of Helmerich & Payne in a report released on Tuesday, April 30th. Atb Cap Markets analyst W. Syed now forecasts that the oil and gas company will post earnings of $0.93 per share for the quarter, up from their prior estimate of $0.91. The consensus estimate for Helmerich & Payne’s current full-year earnings is $3.57 per share. Atb Cap Markets also issued estimates for Helmerich & Payne’s Q2 2025 earnings at $0.97 EPS, Q3 2025 earnings at $1.11 EPS and Q4 2025 earnings at $1.15 EPS.

Helmerich & Payne (NYSE:HP) last posted its earnings results on Thursday, April 25th. The oil and gas company reported $0.84 EPS for the quarter, missing the consensus estimate of $0.85 by ($0.01). Helmerich & Payne had a return on equity of 13.21% and a net margin of 12.84%. The business had revenue of $687.94 million for the quarter, compared to the consensus estimate of $682.51 million. During the same period in the previous year, the firm earned $1.26 earnings per share. The company’s revenue was down 10.6% on a year-over-year basis.

Several other equities research analysts also recently issued reports on HP. Piper Sandler upped their price target on Helmerich & Payne from $41.00 to $44.00 and gave the stock a “neutral” rating in a report on Tuesday, February 20th. Royal Bank of Canada boosted their price target on shares of Helmerich & Payne from $46.00 to $48.00 and gave the stock a “sector perform” rating in a report on Wednesday, January 31st. Citigroup lifted their target price on shares of Helmerich & Payne from $40.00 to $42.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 16th. Benchmark reaffirmed a “hold” rating on shares of Helmerich & Payne in a research report on Thursday, April 25th. Finally, Barclays cut Helmerich & Payne from an “overweight” rating to an “equal weight” rating and cut their price objective for the stock from $44.00 to $40.00 in a research report on Wednesday, January 10th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and one has assigned a buy rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $42.63.

Helmerich & Payne Stock Performance

Shares of HP opened at $38.47 on Friday. The firm has a market capitalization of $3.80 billion, a P/E ratio of 10.99, a P/E/G ratio of 1.82 and a beta of 1.51. Helmerich & Payne has a 52 week low of $30.41 and a 52 week high of $46.55. The stock has a 50 day moving average price of $40.77 and a two-hundred day moving average price of $38.59. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.92 and a current ratio of 2.16.

Helmerich & Payne Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, May 31st. Investors of record on Friday, May 17th will be issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 4.37%. The ex-dividend date of this dividend is Thursday, May 16th. Helmerich & Payne’s dividend payout ratio (DPR) is currently 28.57%.

Insider Activity at Helmerich & Payne

In other Helmerich & Payne news, SVP Cara M. Hair sold 9,910 shares of the stock in a transaction dated Monday, April 29th. The shares were sold at an average price of $40.22, for a total transaction of $398,580.20. Following the completion of the transaction, the senior vice president now owns 137,764 shares in the company, valued at $5,540,868.08. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, CFO Mark W. Smith sold 16,000 shares of Helmerich & Payne stock in a transaction on Monday, April 29th. The stock was sold at an average price of $40.49, for a total value of $647,840.00. Following the completion of the transaction, the chief financial officer now directly owns 144,870 shares in the company, valued at $5,865,786.30. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Cara M. Hair sold 9,910 shares of the stock in a transaction dated Monday, April 29th. The stock was sold at an average price of $40.22, for a total value of $398,580.20. Following the sale, the senior vice president now directly owns 137,764 shares in the company, valued at approximately $5,540,868.08. The disclosure for this sale can be found here. 4.38% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Catalina Capital Group LLC boosted its position in shares of Helmerich & Payne by 12.2% in the first quarter. Catalina Capital Group LLC now owns 9,896 shares of the oil and gas company’s stock valued at $416,000 after acquiring an additional 1,078 shares during the period. BI Asset Management Fondsmaeglerselskab A S bought a new position in Helmerich & Payne in the 1st quarter valued at $106,000. Whittier Trust Co. grew its position in shares of Helmerich & Payne by 94.9% during the 1st quarter. Whittier Trust Co. now owns 1,222 shares of the oil and gas company’s stock valued at $51,000 after purchasing an additional 595 shares in the last quarter. Nordea Investment Management AB increased its holdings in shares of Helmerich & Payne by 0.6% in the first quarter. Nordea Investment Management AB now owns 175,447 shares of the oil and gas company’s stock worth $7,453,000 after purchasing an additional 1,082 shares during the period. Finally, Janney Montgomery Scott LLC raised its position in shares of Helmerich & Payne by 48.0% in the first quarter. Janney Montgomery Scott LLC now owns 10,533 shares of the oil and gas company’s stock worth $443,000 after buying an additional 3,416 shares in the last quarter. Hedge funds and other institutional investors own 96.05% of the company’s stock.

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.