Cozad Asset Management Inc. purchased a new position in shares of Helmerich & Payne, Inc. (NYSE:HP) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 45,739 shares of the oil and gas company's stock, valued at approximately $1,195,000. Other institutional investors also recently bought and sold shares of the company. Summit Investment Advisors Inc. increased its holdings in shares of Helmerich & Payne by 4.1% during the 4th quarter. LPL Financial LLC increased its holdings in Helmerich & Payne by 1.9% in the 4th quarter. Ellis Investment Partners LLC increased its holdings in Helmerich & Payne by 4.5% in the 1st quarter. Ridgewood Investments LLC increased its holdings in Helmerich & Payne by 4.4% in the 1st quarter. Xponance Inc. increased its holdings in Helmerich & Payne by 7.6% in the 1st quarter. 96.05% of the stock is owned by hedge funds and other institutional investors. Analyst Upgrades and Downgrades HP has been the subject of several recent analyst reports. lowered shares of Helmerich & Payne from a 'hold' rating to a 'sell' rating in a report on Thursday, May 22nd. Morgan Stanley lowered their target price on shares of Helmerich & Payne from $27.00 to $20.00 and set an 'underweight' rating on the stock in a research note on Friday, May 16th. Citigroup reaffirmed a 'neutral' rating and set a $17.00 target price (down previously from $19.00) on shares of Helmerich & Payne in a research note on Thursday, June 26th. Barclays lowered their target price on shares of Helmerich & Payne from $20.00 to $17.00 and set an 'equal weight' rating on the stock in a research note on Friday, June 20th. Piper Sandler began coverage on shares of Helmerich & Payne in a research note on Monday, July 14th. They set a 'neutral' rating and a $20.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and one has assigned a buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of 'Hold' and a consensus price target of $23.10. Helmerich & Payne Trading Down 1.5% opened at $17.24 on Wednesday. The stock has a market cap of $1.71 billion, a PE ratio of 7.87 and a beta of 0.82. The stock has a 50-day moving average price of $16.48 and a 200 day moving average price of $22.11. Helmerich & Payne, Inc. has a 52 week low of $14.65 and a 52 week high of $40.84. The company has a current ratio of 1.68, a quick ratio of 1.32 and a debt-to-equity ratio of 0.73. Helmerich & Payne last posted its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.02 EPS for the quarter, missing analysts' consensus estimates of $0.65 by ($0.63). Helmerich & Payne had a return on equity of 8.25% and a net margin of 7.15%. The company had revenue of $1.02 billion for the quarter, compared to analysts' expectations of $961.03 million. During the same quarter in the prior year, the business posted $0.84 EPS. The company's revenue for the quarter was up 47.7% compared to the same quarter last year. Equities research analysts predict that Helmerich & Payne, Inc. will post 2.93 earnings per share for the current fiscal year. Helmerich & Payne Dividend Announcement The company also recently disclosed a quarterly dividend, which will be paid on Friday, August 29th. Stockholders of record on Friday, August 15th will be paid a $0.25 dividend. This represents a $1.00 annualized dividend and a dividend yield of 5.80%. The ex-dividend date is Friday, August 15th. Helmerich & Payne's dividend payout ratio is currently 45.66%. Helmerich & Payne 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.

Cozad Asset Management Inc. Makes New $1.20 Million Investment in Helmerich & Payne, Inc. (NYSE:HP)

Cozad Asset Management Inc. invested $1.20 million in Helmerich & Payne, Inc. (NYSE:HP) in Q1 2025, while other institutional investors also adjusted their holdings. Analyst ratings for HP have shifted, with Morgan Stanley and Citigroup lowering target prices. The stock closed at $17.24, with a market cap of $1.71 billion and a 52-week high of $40.84. HP announced a $0.25 quarterly dividend, with a 5.80% yield.