<div id="readability-page-1"><p>Victory Capital Management Inc. boosted its holdings in  Helmerich &amp; Payne, Inc. (NYSE:HP - Free Report) by 28.4% during the 1st quarter, according to the company in its most recent 13F filing with the Securities &amp; Exchange Commission. The firm owned 3,553,181 shares of the oil and gas company's stock after buying an additional 786,250 shares during the period. Victory Capital Management Inc. owned approximately 3.58% of Helmerich &amp; Payne worth $92,809,000 as of its most recent SEC filing.</p><div><p><span></span><span>Get <strong>Helmerich &amp; Payne</strong> alerts:</span></p></div><ul><li>Why Pure Storage Is a Core Investment for the AI Era</li></ul><p>Other large investors have also recently bought and sold shares of the company. Earnest Partners LLC lifted its stake in shares of  Helmerich &amp; Payne by 1.0% in the 4th quarter. Earnest Partners LLC now owns 3,487,019 shares of the oil and gas company's stock valued at $111,654,000 after purchasing an additional 35,013 shares during the period.  American Century Companies Inc. raised its position in shares of  Helmerich &amp; Payne by 14.0% in the fourth quarter. American Century Companies Inc. now owns 2,658,356 shares of the oil and gas company's stock worth $85,121,000 after buying an additional 327,374 shares in the last quarter.  Northern Trust Corp increased its holdings in shares of  Helmerich &amp; Payne by 5.1% in the fourth quarter. Northern Trust Corp now owns 1,699,388 shares of the oil and gas company's stock worth $54,414,000 after buying an additional 82,254 shares during the period.  The Manufacturers Life Insurance Company boosted its position in  Helmerich &amp; Payne by 9.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 1,270,321 shares of the oil and gas company's stock valued at $40,676,000 after acquiring an additional 109,035 shares in the last quarter.  Finally, Balyasny Asset Management L.P. purchased a new position in  Helmerich &amp; Payne in the 4th quarter worth approximately $28,708,000. 96.05% of the stock is currently owned by institutional investors. </p><h2>Helmerich &amp; Payne Stock Performance</h2><p>Shares of HP stock opened at $16.00 on Friday. Helmerich &amp; Payne, Inc. has a 52-week low of $14.65 and a 52-week high of $42.60. The company has a quick ratio of 1.32, a current ratio of 1.68 and a debt-to-equity ratio of 0.73. The stock's 50-day moving average price is $16.72 and its 200 day moving average price is $23.10. The stock has a market capitalization of $1.59 billion, a PE ratio of 7.30 and a beta of 0.82. </p><ul><li>Higher Gulf Oil Output Puts These Energy Names in Play</li></ul><p>Helmerich &amp; Payne (NYSE:HP - Get Free Report) last posted its quarterly earnings data on Wednesday, May 7th. The oil and gas company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.65 by ($0.63). The company had revenue of $1.02 billion for the quarter, compared to the consensus estimate of $961.03 million. Helmerich &amp; Payne had a return on equity of 8.25% and a net margin of 7.15%. The business's revenue for the quarter was up 47.7% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.84 EPS.  As a group, equities research analysts forecast that  Helmerich &amp; Payne, Inc. will post 2.93 EPS for the current year. </p><h2>Helmerich &amp; Payne Dividend Announcement</h2><p>The firm 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 6.25%. The ex-dividend date is Friday, August 15th. Helmerich &amp; Payne's dividend payout ratio (DPR) is presently 45.66%. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Wall Street Sees More Upside for Dell and HPE</li></ul><p>A number of research firms have recently issued reports on HP. Susquehanna reduced their price target on shares of Helmerich &amp; Payne from $24.00 to $23.00 and set a &#34;positive&#34; rating on the stock in a research note on Tuesday, July 1st. Wall Street Zen cut shares of Helmerich &amp; Payne from a &#34;hold&#34; rating to a &#34;sell&#34; rating in a report on Thursday, May 22nd. Piper Sandler started coverage on shares of Helmerich &amp; Payne in a research report on Monday. They issued a &#34;neutral&#34; rating and a $20.00 target price for the company. Morgan Stanley cut their price objective on shares of Helmerich &amp; Payne from $27.00 to $20.00 and set an &#34;underweight&#34; rating on the stock in a research report on Friday, May 16th. Finally, Citigroup  restated a &#34;neutral&#34; rating and issued a $17.00 target price (down previously from $19.00) on shares of Helmerich &amp; Payne in a research note on Thursday, June 26th. Three equities research analysts have rated the stock with a sell rating, nine have given a hold rating and one  has assigned  a buy rating to the stock. According to data from MarketBeat.com, Helmerich &amp; Payne presently has an average rating of &#34;Hold&#34; and a consensus target price of $23.10.</p><p><b>Check Out Our Latest Stock Report on Helmerich &amp; Payne</b></p><h2>Helmerich &amp; Payne Company Profile</h2> (Free Report)<p>Founded in 1920, Helmerich &amp; Payne, Inc (H&amp;P) <span>NYSE: HP<span></span></span> is committed to delivering industry leading levels of drilling productivity and reliability. H&amp;P operates with the highest level of integrity, safety and innovation to deliver superior results for its customers and returns for shareholders.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Helmerich &amp; Payne</li><li>Using the MarketBeat Stock Split Calculator</li><li>The Market Rally Is Gaining Momentum—Don’t Get Left Behind</li><li>3 Stocks to Protect Your Portfolio from the Coronavirus Contagion </li><li>High-Flying GE Aerospace Drops After Blowout Q2 — What Now?</li><li>How to Invest in Biotech Stocks</li><li>Why Prologis May Be the Smartest Backdoor Bet on AI Real Estate</li></ul><p><strong>Want to see what other hedge funds are holding HP?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Helmerich &amp; Payne, Inc. (NYSE:HP - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhQ?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUhQ"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Helmerich &amp; Payne Right Now?</h2><p>Before you consider Helmerich &amp; Payne, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Helmerich &amp; Payne wasn't on the list.</p><p>While Helmerich &amp; Payne currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

VCTR

<p>Victory Capital Management Inc. increased its stake in Helmerich & Payne, Inc. (NYSE:HP) by 28.4% in Q1, owning 3,553,181 shares valued at approximately $92.8 million. Other investors also raised their positions, with 96.05% of the stock held by institutional investors. Helmerich & Payne reported a quarterly EPS of $0.02, missing estimates, but revenue rose 47.7% year-over-year. The company announced a quarterly dividend of $0.25, yielding 6.25%. Analysts have mixed ratings, with price targets ranging from $17.00 to $24.00.</p>

Helmerich & Payne, Inc. (NYSE:HP) Stake Boosted by Victory Capital Management Inc.