PATTERSON-UTI ENERGY ($PTEN) posted quarterly earnings results for Q1 2026 on Wednesday, April 22nd. The company reported earnings of -$0.06 per share, beating estimates of -$0.10 by $0.04. The company also reported revenue of $1,117,330,000, missing estimates of $1,124,793,035 by $-7,463,035.
Stock price change since market close: -5.74%
You can see Quiver Quantitative's $PTEN stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
PATTERSON-UTI ENERGY Insider Trading Activity
PATTERSON-UTI ENERGY insiders have traded $PTEN stock on the open market 4 times in the past 6 months. Of those trades, 0 have been purchases and 4 have been sales.
Here’s a breakdown of recent trading of $PTEN stock by insiders over the last 6 months:
- JAMES CARL STEWART has made 0 purchases and 2 sales selling 718,254 shares for an estimated $4,216,150.
- ROBERT WAYNE JR DRUMMOND sold 164,775 shares for an estimated $1,677,409
- TIFFANY THOM CEPAK sold 12,000 shares for an estimated $106,320
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
PATTERSON-UTI ENERGY Hedge Fund Activity
We have seen 183 institutional investors add shares of PATTERSON-UTI ENERGY stock to their portfolio, and 184 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- MACQUARIE GROUP LTD removed 8,567,695 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $52,348,616
- DEPRINCE RACE & ZOLLO INC removed 5,812,532 shares (-99.6%) from their portfolio in Q4 2025, for an estimated $35,514,570
- POINT72 ASSET MANAGEMENT, L.P. added 4,980,180 shares (+inf%) to their portfolio in Q4 2025, for an estimated $30,428,899
- UBS GROUP AG added 4,558,445 shares (+121.2%) to their portfolio in Q4 2025, for an estimated $27,852,098
- NORGES BANK removed 4,183,544 shares (-95.5%) from their portfolio in Q4 2025, for an estimated $25,561,453
- PRINCIPAL FINANCIAL GROUP INC added 4,093,636 shares (+92.6%) to their portfolio in Q4 2025, for an estimated $25,012,115
- MONACO ASSET MANAGEMENT SAM added 3,607,042 shares (+116.1%) to their portfolio in Q4 2025, for an estimated $22,039,026
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
PATTERSON-UTI ENERGY Analyst Ratings
Wall Street analysts have issued reports on $PTEN in the last several months. We have seen 0 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- JP Morgan issued a "Underweight" rating on 12/10/2025
To track analyst ratings and price targets for PATTERSON-UTI ENERGY, check out Quiver Quantitative's $PTEN forecast page.
PATTERSON-UTI ENERGY Price Targets
Multiple analysts have issued price targets for $PTEN recently. We have seen 8 analysts offer price targets for $PTEN in the last 6 months, with a median target of $10.5.
Here are some recent targets:
- Daniel Kutz from Morgan Stanley set a target price of $10.0 on 04/15/2026
- Ati Modak from Goldman Sachs set a target price of $11.0 on 04/15/2026
- Derek Podhaizer from Piper Sandler set a target price of $10.0 on 04/15/2026
- Scott Gruber from Citigroup set a target price of $11.0 on 04/15/2026
- Charles Minervino from Susquehanna set a target price of $13.0 on 04/07/2026
- Keith Mackey from RBC Capital set a target price of $9.0 on 02/06/2026
- Stephen Gengaro from Stifel set a target price of $11.0 on 02/06/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
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