Systematic Financial Management LP Decreases Stake in Helmerich & Payne, Inc. $HP

Systematic Financial Management LP cut its holdings in shares of Helmerich & Payne, Inc. (NYSE:HP) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 590,491 shares of the oil and gas company’s stock after selling 19,773 shares during the period. Systematic Financial Management LP owned about 0.59% of Helmerich & Payne worth $21,275,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. William B. Walkup & Associates Inc. boosted its holdings in Helmerich & Payne by 1.0% in the first quarter. William B. Walkup & Associates Inc. now owns 35,241 shares of the oil and gas company’s stock valued at $1,270,000 after purchasing an additional 355 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Helmerich & Payne by 1.8% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 22,761 shares of the oil and gas company’s stock valued at $653,000 after purchasing an additional 400 shares in the last quarter. Hantz Financial Services Inc. grew its stake in Helmerich & Payne by 24.3% during the 4th quarter. Hantz Financial Services Inc. now owns 2,276 shares of the oil and gas company’s stock valued at $65,000 after purchasing an additional 445 shares in the last quarter. Cerity Partners LLC increased its holdings in Helmerich & Payne by 2.6% during the 4th quarter. Cerity Partners LLC now owns 19,339 shares of the oil and gas company’s stock worth $555,000 after purchasing an additional 498 shares during the last quarter. Finally, KLCM Advisors Inc. increased its holdings in Helmerich & Payne by 5.5% during the 4th quarter. KLCM Advisors Inc. now owns 10,550 shares of the oil and gas company’s stock worth $303,000 after purchasing an additional 550 shares during the last quarter. 96.05% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about 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.

Helmerich & Payne Trading Down 0.6%

NYSE:HP opened at $35.04 on Friday. The company has a market cap of $3.50 billion, a PE ratio of -9.24 and a beta of 0.60. The business’s 50 day moving average is $36.10 and its two-hundred day moving average is $35.40. The company has a quick ratio of 1.32, a current ratio of 1.71 and a debt-to-equity ratio of 0.71. Helmerich & Payne, Inc. has a 52 week low of $15.17 and a 52 week high of $41.82.

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

Helmerich & Payne Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, September 1st. Shareholders of record on Tuesday, August 18th will be paid a dividend of $0.25 per share. The ex-dividend date is Tuesday, August 18th. This represents a $1.00 annualized dividend and a yield of 2.9%. Helmerich & Payne’s payout ratio is presently -26.39%.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on HP. The Goldman Sachs Group raised their price target 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. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Helmerich & Payne in a report on Wednesday, June 24th. Piper Sandler increased their price objective on shares of Helmerich & Payne from $41.00 to $43.00 and gave the company an “overweight” rating in a research note on Monday, May 18th. Morgan Stanley reissued an “underweight” rating and set a $36.00 price objective on shares of Helmerich & Payne in a report on Wednesday, July 15th. Finally, Susquehanna dropped their target price on shares of Helmerich & Payne from $43.00 to $40.00 and set a “positive” rating for the company in a research report on Wednesday, July 8th. Five equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, Helmerich & Payne currently has an average rating of “Hold” and a consensus price target of $39.80.

Helmerich & Payne Company 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.