PATTERSON-UTI ENERGY ($PTEN) posted quarterly earnings results for Q3 2026 on Wednesday, October 28th. The company reported earnings of $0.04 per share, beating estimates of $0.04 by $0.00. The company also reported revenue of $1,342,230,000, beating estimates of $1,332,514,485 by $9,715,515.
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 13 times in the past 6 months. Of those trades, 0 have been purchases and 13 have been sales.
Here’s a breakdown of recent trading of $PTEN stock by insiders over the last 6 months:
- WILLIAM ANDREW JR HENDRICKS (President & CEO) has made 0 purchases and 4 sales selling 950,000 shares for an estimated $11,500,500.
- ROBERT WAYNE JR DRUMMOND has made 0 purchases and 4 sales selling 584,174 shares for an estimated $7,194,225.
- JAMES CARL STEWART sold 207,000 shares for an estimated $2,388,780
- JAMES MICHAEL HOLCOMB (EVP & Chief Operating Officer) sold 150,000 shares for an estimated $1,720,500
- SETH DAVID WEXLER (EVP, General Counsel&Secretary) sold 120,000 shares for an estimated $1,530,000
- FORREST C ROBINSON (Chief Accounting Officer) sold 13,670 shares for an estimated $164,176
- CESAR JAIME sold 10,000 shares for an estimated $122,899
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
PATTERSON-UTI ENERGY Hedge Fund Activity
We have seen 246 institutional investors add shares of PATTERSON-UTI ENERGY stock to their portfolio, and 174 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ENCOMPASS CAPITAL ADVISORS LLC added 5,921,072 shares (+inf%) to their portfolio in Q2 2026, for an estimated $54,355,440
- FRANKLIN RESOURCES INC added 4,983,568 shares (+301.3%) to their portfolio in Q2 2026, for an estimated $45,749,154
- MONACO ASSET MANAGEMENT SAM removed 4,509,355 shares (-97.8%) from their portfolio in Q2 2026, for an estimated $41,395,878
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 4,418,132 shares (+inf%) to their portfolio in Q2 2026, for an estimated $40,558,451
- MILLENNIUM MANAGEMENT LLC removed 4,400,607 shares (-83.1%) from their portfolio in Q2 2026, for an estimated $40,397,572
- COOPER CREEK PARTNERS MANAGEMENT LLC added 3,913,711 shares (+inf%) to their portfolio in Q2 2026, for an estimated $35,927,866
- RENAISSANCE TECHNOLOGIES LLC added 3,828,800 shares (+92.7%) to their portfolio in Q2 2026, for an estimated $35,148,384
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
PATTERSON-UTI ENERGY Price Targets
Multiple analysts have issued price targets for $PTEN recently. We have seen 7 analysts offer price targets for $PTEN in the last 6 months, with a median target of $13.0.
Here are some recent targets:
- Charles Minervino from Susquehanna set a target price of $12.0 on 07/08/2026
- Scott Gruber from Citigroup set a target price of $10.5 on 06/29/2026
- Stephen Gengaro from Stifel set a target price of $15.0 on 06/16/2026
- Ati Modak from Goldman Sachs set a target price of $13.0 on 06/04/2026
- Keith Mackey from RBC Capital set a target price of $15.0 on 05/29/2026
- Derek Podhaizer from Piper Sandler set a target price of $13.0 on 05/27/2026
- Eddie Kim from Barclays set a target price of $15.0 on 05/08/2026
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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