Halliburton (NYSE:HAL) Stock Price Expected to Rise, UBS Group Analyst Says

Halliburton (NYSE:HAL) had its price target lifted by equities researchers at UBS Group from $35.00 to $39.00 in a research report issued on Tuesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the oilfield services company’s stock. UBS Group’s price objective would suggest a potential upside of 4.12% from the company’s current price.

Several other brokerages also recently issued reports on HAL. JPMorgan Chase & Co. upped their price target on shares of Halliburton from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, March 27th. Piper Sandler raised their price target on Halliburton from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Citigroup raised their price target on Halliburton from $33.00 to $38.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. Zephirin Group lowered Halliburton from a “buy” rating to a “hold” rating and decreased their price target for the stock from $30.00 to $28.00 in a research note on Friday, January 23rd. Finally, Capital One Financial boosted their target price on shares of Halliburton from $25.00 to $35.00 and gave the company an “overweight” rating in a report on Wednesday, January 21st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $36.43.

Halliburton Price Performance

Shares of HAL traded down $1.26 during trading hours on Tuesday, reaching $37.46. The company had a trading volume of 1,821,622 shares, compared to its average volume of 15,681,564. The firm has a 50 day simple moving average of $35.67 and a 200-day simple moving average of $30.35. The company has a current ratio of 2.04, a quick ratio of 1.51 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $31.28 billion, a price-to-earnings ratio of 24.81, a PEG ratio of 2.33 and a beta of 0.68. Halliburton has a 12-month low of $18.75 and a 12-month high of $41.18.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business’s revenue was up .8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.73 EPS. Research analysts expect that Halliburton will post 2.64 earnings per share for the current year.

Insider Buying and Selling at Halliburton

In other news, COO Jeffrey Shannon Slocum sold 5,441 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.82, for a total transaction of $184,014.62. Following the completion of the sale, the chief operating officer owned 187,423 shares in the company, valued at approximately $6,338,645.86. The trade was a 2.82% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction on Monday, January 26th. The shares were sold at an average price of $34.17, for a total transaction of $88,842.00. Following the completion of the transaction, the director directly owned 14,043 shares in the company, valued at approximately $479,849.31. This represents a 15.62% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 415,508 shares of company stock worth $15,291,882. Company insiders own 0.61% of the company’s stock.

Hedge Funds Weigh In On Halliburton

Hedge funds have recently made changes to their positions in the business. Cullen Frost Bankers Inc. purchased a new position in shares of Halliburton in the 3rd quarter valued at $25,000. Nvest Wealth Strategies Inc. purchased a new position in shares of Halliburton in the 4th quarter valued at $25,000. Kelleher Financial Advisors purchased a new position in shares of Halliburton in the 3rd quarter valued at $25,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Halliburton in the 2nd quarter valued at $25,000. Finally, Zions Bancorporation National Association UT lifted its position in Halliburton by 196.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock worth $28,000 after acquiring an additional 650 shares in the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Susquehanna raised its price target on HAL to $45 and kept a “positive” rating, implying meaningful upside from current levels and lending momentum to the stock. Susquehanna adjusts price target on Halliburton
• Positive Sentiment: Halliburton signed a strategic collaboration agreement with PETRONAS Suriname and Valaris to align planning through execution on Suriname offshore assets — this expands Halliburton’s offshore project pipeline and could boost long‑term revenue and margins if projects advance. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Management is pursuing a charter amendment to remove a pass‑through voting provision for HESI, a governance change framed as increasing operational flexibility and possible valuation upside. Investors often reward clearer corporate control and deal agility. Halliburton Charter Vote Tests Governance Control And Valuation Upside
• Neutral Sentiment: Energy sector momentum remains a backdrop: many oil & gas stocks are outperforming amid geopolitical supply concerns, which supports investor appetite for HAL as an oilfield services play. This is a sector tailwind but not specific company revenue confirmation. Oil Stocks Are Hot. Here Are 9 Worth Getting To Know.
• Neutral Sentiment: Market snapshots showed energy stocks leaning lower at times last week, signaling intraday/short‑term volatility that could affect HAL despite company‑specific positives. Sector Update: Energy Stocks Lean Lower Pre-Bell
• Negative Sentiment: Analysts caution not all oil‑services companies benefit equally from the Middle East conflict; JPMorgan warns uneven upstream spending patterns could leave some service providers exposed, a risk for HAL if certain end‑markets soften. Not all oil stocks will benefit from Middle East conflict, JPMorgan says
• Negative Sentiment: Upcoming Q1 results carry risk: previews note analysts expect a double‑digit EPS decline for the quarter, so near‑term beat/miss outcomes can swing the stock. Investors should watch the report and guidance for evidence the new collaborations convert to revenue. Halliburton Earnings Preview: What to Expect

About Halliburton

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.