Systematic Financial Management LP Sells 14,140 Shares of Helmerich & Payne, Inc. $HP

Systematic Financial Management LP reduced its stake in shares of Helmerich & Payne, Inc. (NYSE:HP) by 2.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 610,264 shares of the oil and gas company’s stock after selling 14,140 shares during the quarter. Systematic Financial Management LP owned 0.61% of Helmerich & Payne worth $17,502,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Leonteq Securities AG bought a new position in shares of Helmerich & Payne during the fourth quarter valued at about $26,000. Rothschild Investment LLC grew its stake in shares of Helmerich & Payne by 1,377.8% during the third quarter. Rothschild Investment LLC now owns 1,330 shares of the oil and gas company’s stock valued at $29,000 after buying an additional 1,240 shares during the last quarter. EverSource Wealth Advisors LLC boosted its holdings in shares of Helmerich & Payne by 2,433.8% during the second quarter. EverSource Wealth Advisors LLC now owns 1,647 shares of the oil and gas company’s stock worth $25,000 after purchasing an additional 1,582 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Helmerich & Payne by 184.3% during the third quarter. Hantz Financial Services Inc. now owns 1,831 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 1,187 shares during the period. Finally, Parallel Advisors LLC boosted its holdings in shares of Helmerich & Payne by 407.1% during the third quarter. Parallel Advisors LLC now owns 2,226 shares of the oil and gas company’s stock worth $49,000 after purchasing an additional 1,787 shares during the period. 96.05% of the stock is owned by institutional investors.

Helmerich & Payne Stock Performance

Shares of HP opened at $39.88 on Friday. 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, Inc. has a one year low of $15.03 and a one year high of $41.82. The company has a 50-day simple moving average of $37.04 and a two-hundred day simple moving average of $33.05. The firm has a market capitalization of $3.98 billion, a PE ratio of -10.52 and a beta of 0.62.

Helmerich & Payne (NYSE:HP) last issued its quarterly earnings data on Wednesday, May 6th. The oil and gas company reported ($0.38) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.32). Helmerich & Payne had a negative return on equity of 1.16% and a negative net margin of 9.38%.The company had revenue of $932.36 million during the quarter, compared to analysts’ expectations of $945.60 million. During the same quarter last year, the business earned $0.01 earnings per share. The business’s quarterly revenue was down 8.2% on a year-over-year basis. On average, analysts anticipate that Helmerich & Payne, Inc. will post 0.02 EPS for the current fiscal year.

Helmerich & Payne Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be issued a $0.25 dividend. The ex-dividend date is Monday, May 18th. This represents a $1.00 annualized dividend and a yield of 2.5%. Helmerich & Payne’s dividend payout ratio (DPR) is -26.39%.

Insider Buying and Selling

In other Helmerich & Payne news, SVP Cara M. Hair sold 58,771 shares of the firm’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $36.62, for a total value of $2,152,194.02. Following the completion of the sale, the senior vice president directly owned 175,589 shares in the company, valued at $6,430,069.18. This trade represents a 25.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. 4.40% of the stock is owned by company insiders.

Helmerich & Payne News Roundup

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

• Positive Sentiment: Zacks Research sharply raised its FY2027 EPS estimate to $1.00 from $0.57, suggesting a stronger earnings rebound ahead.
• Positive Sentiment: The firm lifted its Q1 2028 EPS forecast to $0.86 from $0.20, pointing to better longer-term profitability expectations.
• Positive Sentiment: FY2028 EPS estimates were increased to $1.91 from $1.80, and Q3 2027/Q4 2027 estimates were also nudged higher, reinforcing a more optimistic outlook for Helmerich & Payne. Helmerich & Payne stock page
• Neutral Sentiment: Near-term estimates were mixed: FY2026 was cut to a loss, and Q2 2028 was reduced, showing the recovery may not be smooth.
• Neutral Sentiment: Current-year consensus remains very modest at $0.06 per share, so investors are still looking for proof that operational improvement is actually taking hold.

Analysts Set New Price Targets

HP has been the subject of a number of analyst reports. Morgan Stanley increased their target price on shares of Helmerich & Payne from $35.00 to $39.00 and gave the stock an “underweight” rating in a report on Thursday, May 14th. Piper Sandler increased 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. Evercore upgraded shares of Helmerich & Payne from an “in-line” rating to an “outperform” rating and set a $43.00 target price for the company in a report on Friday, March 20th. Susquehanna increased their target price on shares of Helmerich & Payne from $42.00 to $43.00 and gave the stock a “positive” rating in a report on Friday, May 8th. Finally, Royal Bank Of Canada increased their target price on shares of Helmerich & Payne from $38.00 to $40.00 and gave the stock a “sector perform” rating in a report on Friday, May 8th. Five investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat.com, Helmerich & Payne currently has an average rating of “Hold” and an average target price of $39.70.

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.