Raymond James & Associates reduced its Patterson-UTI Energy holdings by 34.8% in Q2.

Raymond James & Associates reduced its holdings of Patterson-UTI Energy (NASDAQ: PTEN) by 34.8% in Q2, now owning 605,006 shares. The company reported Q2 earnings of $0.05 EPS, missing analysts' consensus estimates of $0.09. Patterson-UTI Energy has a current ratio of 1.50, a debt-to-equity ratio of 0.27, and recently announced a quarterly dividend of $0.08, with a yield of 3.47%.

August 28, 2024
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