Zacks Research Has Optimistic Outlook of HP Q4 Earnings

Helmerich & Payne, Inc. (NYSE:HP) – Equities research analysts at Zacks Research increased their Q4 2026 earnings per share (EPS) estimates for Helmerich & Payne in a research note issued on Thursday, August 27th. Zacks Research analyst Team now forecasts that the oil and gas company will post earnings of $0.18 per share for the quarter, up from their previous estimate of $0.17. The consensus estimate for Helmerich & Payne’s current full-year earnings is ($0.16) per share. Zacks Research also issued estimates for Helmerich & Payne’s Q2 2027 earnings at $0.18 EPS, Q4 2027 earnings at $0.44 EPS, FY2027 earnings at $1.24 EPS and FY2028 earnings at $2.42 EPS.

HP has been the subject of several other reports. Morgan Stanley boosted their price objective on Helmerich & Payne from $36.00 to $41.00 and gave the company an “underweight” rating in a research report on Thursday, August 20th. Piper Sandler raised their target price on shares of Helmerich & Payne from $41.00 to $43.00 and gave the stock an “overweight” rating in a report on Monday, May 18th. The Goldman Sachs Group lifted their price target on shares of Helmerich & Payne from $35.00 to $41.00 and gave the company a “neutral” rating in a research note on Wednesday, June 3rd. Weiss Ratings upgraded shares of Helmerich & Payne from a “sell (d+)” rating to a “hold (c-)” rating in a report on Wednesday, August 12th. Finally, Barclays increased their price objective on shares of Helmerich & Payne from $47.00 to $50.00 and gave the stock an “overweight” rating in a research report on Monday, August 10th. Five equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $41.00.

Helmerich & Payne Trading Up 2.8%

NYSE HP opened at $42.58 on Friday. Helmerich & Payne has a one year low of $19.48 and a one year high of $45.00. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.96 and a quick ratio of 1.55. The firm has a market cap of $4.25 billion, a P/E ratio of -30.20 and a beta of 0.61. The stock’s 50-day moving average is $36.35 and its 200-day moving average is $36.55.

Helmerich & Payne (NYSE:HP) last posted its earnings results on Wednesday, August 5th. The oil and gas company reported ($0.11) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.20). Helmerich & Payne had a negative net margin of 3.43% and a negative return on equity of 2.35%. The business had revenue of $1.03 billion during the quarter, compared to analyst estimates of $987.70 million. During the same period in the previous year, the firm posted $0.22 earnings per share. The firm’s revenue was down .6% on a year-over-year basis.

Helmerich & Payne Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Tuesday, August 18th will be given a $0.25 dividend. This represents a $1.00 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date of this dividend is Tuesday, August 18th. Helmerich & Payne’s dividend payout ratio (DPR) is currently -70.92%.

Insider Activity at Helmerich & Payne

In other news, Director Hans Helmerich sold 94,470 shares of the firm’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $43.90, for a total transaction of $4,147,233.00. Following the completion of the transaction, the director directly owned 20,000 shares of the company’s stock, valued at $878,000. This trade represents a 82.53% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Sara Marie Momper sold 5,054 shares of Helmerich & Payne stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $44.28, for a total transaction of $223,791.12. Following the completion of the sale, the chief accounting officer owned 16,958 shares in the company, valued at $750,900.24. This trade represents a 22.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 110,673 shares of company stock valued at $4,864,590. 4.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in HP. BlackRock Inc. acquired a new stake in Helmerich & Payne in the 2nd quarter valued at $513,336,000. Dimensional Fund Advisors LP boosted its stake in shares of Helmerich & Payne by 11.0% during the 1st quarter. Dimensional Fund Advisors LP now owns 5,735,765 shares of the oil and gas company’s stock worth $206,660,000 after buying an additional 570,500 shares during the last quarter. State Street Corp boosted its stake in shares of Helmerich & Payne by 0.8% during the 4th quarter. State Street Corp now owns 4,222,536 shares of the oil and gas company’s stock worth $121,102,000 after buying an additional 33,193 shares during the last quarter. California State Teachers Retirement System boosted its stake in shares of Helmerich & Payne by 3,079.7% during the 2nd quarter. California State Teachers Retirement System now owns 3,722,669 shares of the oil and gas company’s stock worth $113,704,000 after buying an additional 3,605,593 shares during the last quarter. Finally, Invesco Ltd. grew its holdings in shares of Helmerich & Payne by 15.5% in the 4th quarter. Invesco Ltd. now owns 3,468,526 shares of the oil and gas company’s stock valued at $99,477,000 after acquiring an additional 465,440 shares in the last quarter. Institutional investors own 96.05% of the company’s stock.

About Helmerich & Payne

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.