Halliburton (NYSE:HAL – Get Free Report) had its target price raised by stock analysts at Capital One Financial from $40.00 to $41.00 in a report released on Wednesday,MarketScreener reports. The firm presently has an “overweight” rating on the oilfield services company’s stock. Capital One Financial‘s price target would indicate a potential upside of 7.69% from the company’s current price.
A number of other equities research analysts also recently weighed in on the company. TD Cowen raised their price target on Halliburton from $39.00 to $40.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Weiss Ratings restated a “hold (c-)” rating on shares of Halliburton in a research report on Monday, December 29th. JPMorgan Chase & Co. lifted their price objective on Halliburton from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, March 27th. Citigroup increased their target price on Halliburton from $33.00 to $38.00 and gave the stock a “buy” rating in a report on Friday, January 23rd. Finally, Wall Street Zen cut shares of Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. One 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 company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $36.71.
Check Out Our Latest Report on HAL
Halliburton Trading Up 0.7%
Halliburton (NYSE:HAL – Get Free Report) last released 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. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business had revenue of $5.66 billion for the quarter, compared to analyst estimates of $5.39 billion. During the same quarter in the previous year, the business earned $0.73 earnings per share. The firm’s revenue was up .8% compared to the same quarter last year. Sell-side analysts predict that Halliburton will post 2.64 EPS for the current year.
Insider Buying and Selling at Halliburton
In related news, CEO Jeffrey Allen Miller sold 171,200 shares of the business’s stock in a transaction that occurred on Friday, January 23rd. The stock was sold at an average price of $34.96, for a total transaction of $5,985,152.00. Following the transaction, the chief executive officer directly owned 1,101,243 shares of the company’s stock, valued at approximately $38,499,455.28. The trade was a 13.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey Shannon Slocum sold 5,441 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $33.82, for a total value of $184,014.62. Following the completion of the sale, the chief operating officer owned 187,423 shares of the company’s stock, valued at $6,338,645.86. This trade represents a 2.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 415,508 shares of company stock valued at $15,291,882 in the last 90 days. Company insiders own 0.56% of the company’s stock.
Institutional Trading of Halliburton
Several large investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. acquired a new position in Halliburton in the third quarter valued at about $25,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Halliburton in the 4th quarter valued at approximately $25,000. Kelleher Financial Advisors acquired a new stake in shares of Halliburton during the 3rd quarter worth approximately $25,000. Newbridge Financial Services Group Inc. bought a new stake in Halliburton during the second quarter worth $25,000. Finally, Zions Bancorporation National Association UT increased its stake in shares of Halliburton by 196.4% in the 4th quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock valued at $28,000 after purchasing an additional 650 shares during the last quarter. 85.23% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Halliburton
Here are the key news stories impacting Halliburton this week:
- Positive Sentiment: Susquehanna raised its price target to $45 and maintained a “positive” rating, signaling stronger analyst conviction and implying meaningful upside versus recent levels. Susquehanna Boosts Halliburton (HAL) Price Target to $45.00
- Positive Sentiment: Halliburton announced a strategic offshore alliance with PETRONAS Suriname and Valaris to improve project execution and long‑term value in offshore development — a growth/contract win that supports international backlog and margin prospects. Halliburton Strengthens Global Footprint With Strategic Alliance
- Neutral Sentiment: UBS nudged its target up to $39 and kept a “neutral” rating — a modest lift that suggests limited near‑term catalyst from that shop but acknowledges improved fundamentals. UBS Raises Halliburton Price Target to $39
- Neutral Sentiment: Several analytical write‑ups examine HAL’s valuation after a strong one‑year rally (~76%), weighing whether future upside is priced in — useful context for investors assessing further gains versus mean‑reversion risk. Is There Still Value In Halliburton After Its 76% One Year Share Price Jump
- Neutral Sentiment: Recent comparative pieces review HAL against peers and outline where it stands operationally and financially — helpful but not immediate catalysts. Analyzing Halliburton (HAL) and Its Competitors
- Negative Sentiment: Barclays cut its target to $29 and kept an “equal weight” rating, representing a sizable downside versus recent levels and adding downward pressure from a majorStreet shop. Barclays Lowers Halliburton Price Target to $29
- Negative Sentiment: Market headlines note HAL shares “sank” alongside intraday market gains, reflecting short‑term profit taking and sector rotation that pressured the stock on the session. Halliburton Stock Sinks As Market Gains
- Negative Sentiment: JPMorgan commentary warns not all oil‑service names benefit equally from Middle East tensions, introducing execution and regional risk that could limit sectorwide upside for HAL. Not All Oil Stocks Will Benefit From Middle East Conflict, JPMorgan Says
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.
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