Halliburton Company (NYSE:HAL) Stock Has Average Price Target of $44.10 According to Brokerages

Shares of Halliburton Company (NYSE:HAL) have received an average recommendation of “Moderate Buy” from the twenty-four research firms that are currently covering the firm, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, six have issued a hold rating and seventeen have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $44.05.

A number of equities analysts have recently commented on the company. BMO Capital Markets set a $37.00 price objective on Halliburton in a research report on Wednesday, July 22nd. UBS Group boosted their price target on shares of Halliburton from $39.00 to $42.00 and gave the stock a “neutral” rating in a report on Monday, September 14th. Wolfe Research started coverage on shares of Halliburton in a research report on Wednesday, July 8th. They issued a “peer perform” rating on the stock. Argus reduced their price objective on shares of Halliburton from $45.00 to $40.00 and set a “buy” rating on the stock in a report on Thursday, July 23rd. Finally, Piper Sandler reduced their price objective on shares of Halliburton from $43.00 to $42.00 and set an “overweight” rating on the stock in a report on Monday.

Halliburton Stock Performance

Shares of HAL stock opened at $33.66 on Wednesday. The company has a quick ratio of 1.50, a current ratio of 2.02 and a debt-to-equity ratio of 0.64. Halliburton has a 52 week low of $24.12 and a 52 week high of $43.59. The stock has a market capitalization of $28.04 billion, a PE ratio of 13.92, a P/E/G ratio of 1.91 and a beta of 0.83. The firm has a 50 day moving average of $34.21 and a two-hundred day moving average of $36.08.

Halliburton (NYSE:HAL) last posted its quarterly earnings results on Tuesday, October 20th. The oilfield services company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.58 by $0.02. The business had revenue of $5.70 billion during the quarter, compared to the consensus estimate of $5.58 billion. Halliburton had a net margin of 7.16% and a return on equity of 18.71%. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.58 earnings per share. On average, research analysts predict that Halliburton will post 2.34 EPS for the current fiscal year.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 23rd. Investors of record on Wednesday, September 2nd were paid a dividend of $0.17 per share. The ex-dividend date was Wednesday, September 2nd. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. Halliburton’s payout ratio is presently 35.60%.

Insider Buying and Selling

In related news, COO Jeffrey Slocum sold 52,572 shares of the stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $35.09, for a total value of $1,844,751.48. Following the transaction, the chief operating officer owned 118,730 shares of the company’s stock, valued at $4,166,235.70. This represents a 30.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.57% of the stock is owned by company insiders.

Institutional Trading of Halliburton

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Halliburton by 10.2% in the first quarter. Annis Gardner Whiting Capital Advisors LLC now owns 2,794 shares of the oilfield services company’s stock worth $109,000 after acquiring an additional 258 shares during the last quarter. Carlson Financial Inc. lifted its position in shares of Halliburton by 2.7% in the second quarter. Carlson Financial Inc. now owns 11,278 shares of the oilfield services company’s stock valued at $383,000 after acquiring an additional 295 shares in the last quarter. Greenleaf Trust lifted its position in shares of Halliburton by 2.0% in the second quarter. Greenleaf Trust now owns 17,348 shares of the oilfield services company’s stock valued at $589,000 after acquiring an additional 342 shares in the last quarter. Angeles Wealth Management LLC lifted its position in shares of Halliburton by 3.4% in the second quarter. Angeles Wealth Management LLC now owns 13,414 shares of the oilfield services company’s stock valued at $455,000 after acquiring an additional 438 shares in the last quarter. Finally, GAMMA Investing LLC boosted its stake in shares of Halliburton by 1.5% during the second quarter. GAMMA Investing LLC now owns 30,951 shares of the oilfield services company’s stock valued at $1,051,000 after acquiring an additional 450 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton reported adjusted earnings of $0.60 per share, above the $0.58 analyst consensus, while revenue rose 1.8% year over year to $5.70 billion, exceeding estimates of $5.58 billion. Reuters earnings report
• Positive Sentiment: International revenue climbed 3% sequentially to approximately $3.5 billion, led by Middle East activity, deepwater contracts and broader international expansion. This performance offset weaker North American revenue, which declined 5% sequentially. Motley Fool analysis
• Positive Sentiment: Management expects mid-single-digit revenue growth in 2027 and is targeting an operating margin near 15%, about two percentage points higher. The outlook assumes a flat North American market and does not require a recovery in hydraulic fracturing. 2027 margin outlook
• Positive Sentiment: Halliburton returned capital through approximately $250 million in share repurchases and a $0.17-per-share dividend during the quarter, supporting per-share value and investor confidence.
• Positive Sentiment: Chief Executive Jeff Miller said Middle East reconstruction could create years of oilfield-services demand. Separately, his warning of a potentially massive oil-supply disruption linked to the Middle East conflict could support energy prices and drilling activity, although it also increases geopolitical risk. Rigzone Middle East growth report

About Halliburton

Halliburton Company (NYSE: HAL) is a global provider of products and services for the energy industry. The company supports the exploration, development, and production of oil and natural gas through technologies and services used throughout the life cycle of a well.

Halliburton operates through two primary business segments: Completion and Production, and Drilling and Evaluation. Its offerings include cementing, stimulation, well completion, production enhancement, drilling services, drilling fluids, well testing, wireline and perforating services, formation evaluation, and project management.