Halliburton (NYSE:HAL) Stock Rating Lowered by Evercore ISI

Halliburton (NYSE:HAL) was downgraded by equities researchers at Evercore ISI from an “outperform” rating to an “in-line” rating in a research report issued to clients and investors on Tuesday, Marketbeat reports. They presently have a $35.00 target price on the oilfield services company’s stock, up from their prior target price of $28.00. Evercore ISI’s price target indicates a potential upside of 13.41% from the stock’s current price.

Several other equities research analysts have also recently issued reports on the stock. UBS Group lifted their price objective on shares of Halliburton from $24.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. HSBC set a $30.00 price target on Halliburton and gave the stock a “buy” rating in a report on Wednesday, October 22nd. Morgan Stanley set a $34.00 price objective on Halliburton in a report on Monday, December 15th. Hsbc Global Res raised Halliburton from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Finally, Barclays upped their price target on Halliburton from $25.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, December 16th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and six have given a Hold rating to the stock. According to MarketBeat.com, Halliburton currently has a consensus rating of “Moderate Buy” and a consensus price target of $32.05.

Halliburton Stock Performance

Shares of Halliburton stock opened at $30.86 on Tuesday. The business has a 50-day simple moving average of $27.59 and a 200-day simple moving average of $24.28. The company has a debt-to-equity ratio of 0.70, a quick ratio of 1.43 and a current ratio of 1.95. Halliburton has a one year low of $18.72 and a one year high of $33.03. The company has a market cap of $25.97 billion, a PE ratio of 20.44 and a beta of 0.78.

Halliburton (NYSE:HAL) last issued its earnings results on Tuesday, October 21st. The oilfield services company reported $0.58 earnings per share for the quarter, beating the consensus estimate of $0.50 by $0.08. Halliburton had a net margin of 5.91% and a return on equity of 20.12%. The firm had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.39 billion. During the same quarter last year, the company earned $0.73 earnings per share. The firm’s revenue was down 1.7% compared to the same quarter last year. On average, equities research analysts forecast that Halliburton will post 2.64 EPS for the current fiscal year.

Insiders Place Their Bets

In other Halliburton news, insider Mark Richard sold 160,000 shares of the business’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total value of $4,443,200.00. Following the completion of the sale, the insider owned 452,374 shares in the company, valued at approximately $12,562,425.98. The trade was a 26.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Van H. Beckwith sold 8,854 shares of the stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the completion of the sale, the executive vice president directly owned 333,528 shares of the company’s stock, valued at $9,302,095.92. The trade was a 2.59% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 268,854 shares of company stock valued at $7,915,138 over the last quarter. Company insiders own 0.61% of the company’s stock.

Institutional Investors Weigh In On Halliburton

Institutional investors and hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. purchased a new position in shares of Halliburton during the third quarter worth about $25,000. Kelleher Financial Advisors acquired a new stake in Halliburton during the 3rd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Halliburton in the 2nd quarter valued at approximately $25,000. Strive Asset Management LLC acquired a new position in shares of Halliburton in the third quarter valued at approximately $31,000. Finally, Root Financial Partners LLC acquired a new position in shares of Halliburton in the third quarter valued at approximately $32,000. 85.23% of the stock is owned by hedge funds and other institutional investors.

Halliburton News Roundup

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Major fundamental bull case: MarketBeat frames a potential >$100B rebuilding capex cycle in Venezuela that would directly benefit service providers (well construction, repairs) and is the primary driver of recent HAL upside. The Caracas Catalyst: Big Oil’s $100 Billion Opportunity (HAL)
• Positive Sentiment: News-driven momentum: U.S. comments about investing to revive Venezuela’s oil sector sparked a sharp rally and a 52‑week high for HAL as traders repositioned for near‑term contract and service demand. Halliburton (HAL) Stock Rallies Following Trump Venezuela Comments
• Positive Sentiment: Elevated bullish flows: unusually large call‑option volumes and a recent 7.8% session surge signal speculative conviction and short‑term positioning that can amplify further moves if the Venezuela narrative persists. Halliburton Target of Unusually Large Options Trading (NYSE:HAL)
• Neutral Sentiment: Mixed market chatter: social and Quiver summaries show bullish excitement but also caution about hype; the January 21 Q4 earnings report is the next fundamental checkpoint that could validate or unwind the rally. Halliburton Stock (HAL) Opinions on Venezuela Oil Developments
• Neutral Sentiment: Political/personal trading headlines: coverage of congressional and other timely trades is stirring sentiment but hasn’t changed Halliburton’s underlying business exposure; monitor for regulatory or reputational follow‑up. U.S. politician profits from Venezuela crisis after super suspicious oil stock trade
• Negative Sentiment: Analyst pushback: Evercore ISI downgraded HAL to “in line” citing North America exposure while raising peers — a direct near‑term headwind that likely amplified selling after the news‑driven spike. SLB raised on reduced risk profile, Halliburton cut on North America exposure at Evercore ISI
• Negative Sentiment: Insider selling: EVP Lawrence J. Pope sold 100,000 shares (~$3.2M) and reduced his stake materially; multiple recent insider sales can dent confidence during a speculative run. SEC filing – Insider Sale (Lawrence J. Pope)
• Negative Sentiment: Short‑term pullback & volatility: coverage notes HAL dipping amid broader gains as traders take profits and rotate out of the rapid Venezuela trade — expect elevated volatility until clearer contract wins or earnings confirm revenue upside. Halliburton (HAL) Stock Dips While Market Gains: Key Facts

Halliburton Company Profile

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.