Stifel Nicolaus Reaffirms “Buy” Rating for Halliburton (NYSE:HAL)

Halliburton (NYSE:HAL)‘s stock had its “buy” rating reaffirmed by investment analysts at Stifel Nicolaus in a report issued on Wednesday,Benzinga reports. They currently have a $43.00 target price on the oilfield services company’s stock, up from their previous target price of $36.00. Stifel Nicolaus’ price objective points to a potential upside of 12.56% from the company’s current price.

Other research analysts have also issued research reports about the company. Rothschild & Co Redburn raised their price objective on Halliburton from $35.00 to $40.00 and gave the company a “buy” rating in a research report on Wednesday, February 18th. Weiss Ratings reissued a “hold (c)” rating on shares of Halliburton in a report on Friday, April 10th. Morgan Stanley lifted their target price on Halliburton from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Wednesday, April 15th. The Goldman Sachs Group lifted their target price on Halliburton from $40.00 to $44.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Finally, BMO Capital Markets lifted their target price on Halliburton from $39.00 to $42.00 and gave the stock a “market perform” rating in a report on Wednesday, March 25th. One investment analyst has rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $38.91.

Halliburton Stock Up 4.1%

HAL stock opened at $38.20 on Wednesday. Halliburton has a twelve month low of $19.22 and a twelve month high of $41.18. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68. The firm has a market cap of $31.90 billion, a PE ratio of 25.30, a price-to-earnings-growth ratio of 1.63 and a beta of 0.68. The business has a 50 day moving average of $36.42 and a 200 day moving average of $31.29.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share for the quarter, beating analysts’ consensus estimates of $0.49 by $0.06. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The company had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.37 billion. During the same quarter last year, the company earned $0.60 EPS. The firm’s revenue for the quarter was down .3% on a year-over-year basis. On average, research analysts forecast that Halliburton will post 2.18 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $34.17, for a total value of $88,842.00. Following the transaction, the director directly owned 14,043 shares in the company, valued at $479,849.31. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Van H. Beckwith sold 19,618 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $33.82, for a total value of $663,480.76. Following the completion of the transaction, the executive vice president owned 344,535 shares in the company, valued at approximately $11,652,173.70. This trade represents a 5.39% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 415,508 shares of company stock worth $15,291,882. 0.57% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Halliburton

A number of institutional investors and hedge funds have recently modified their holdings of HAL. Cullen Frost Bankers Inc. purchased a new position in shares of Halliburton in the 3rd quarter worth $25,000. Nvest Wealth Strategies Inc. purchased a new position in shares of Halliburton in the 4th quarter worth $25,000. Kelleher Financial Advisors purchased a new position in shares of Halliburton in the 3rd quarter worth $25,000. Newbridge Financial Services Group Inc. purchased a new position in shares of Halliburton in the 2nd quarter worth $25,000. Finally, Zions Bancorporation National Association UT boosted 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 worth $28,000 after buying an additional 650 shares during the last quarter. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

Key Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 beat — HAL reported EPS of $0.55 and revenue of $5.4B, both above Street estimates, driving the immediate market reaction. Halliburton Announces First Quarter 2026 Results
• Positive Sentiment: International strength lifted results — Latin America and Europe/Africa showed solid growth and helped offset softer pockets (including parts of the Middle East), supporting margins and profit growth. Halliburton posts higher first-quarter profit
• Positive Sentiment: Early signs of a North America recovery — management said U.S. activity appears to be bottoming and a drilling ramp‑up could be coming, which would be a positive demand catalyst for oilfield services. Halliburton Sees Signs of an Oil Rebound in North America
• Positive Sentiment: Cash generation and shareholder returns — the quarter produced operating cash flow and positive free cash flow, with roughly $100M of buybacks and a $0.17/share dividend, supporting valuation and investor confidence. Halliburton Q1 Earnings and Revenues Beat Estimates, Both down Y/Y
• Neutral Sentiment: Analyst sentiment tilted positive — consensus recommendation recently reported as “Moderate Buy” and some firms raised price targets ahead of/after results, which can support the rally but also reflects expectations already priced in. Halliburton Company (NYSE:HAL) Given Consensus Recommendation of “Moderate Buy” by Analysts
• Neutral Sentiment: Sector ripple effects — other oilfield services names (RPC/RES, ProPetro/PUMP, NOV) have moved higher on the back of HAL’s beat, highlighting industry‑wide sentiment but not adding company‑specific fundamentals. Why RPC (RES) Stock Is Trading Up Today Why ProPetro (PUMP) Stock Is Trading Up Today
• Negative Sentiment: Geopolitical headwinds remain — HAL flagged a Q2 hit from the Middle East conflict of roughly $0.07–$0.09/share and noted some regional activity disruptions, which add near‑term earnings risk. Halliburton outlines Q2 conflict impact of $0.07 to $0.09 per share while holding 2026 capex at
• Negative Sentiment: Operational/market uncertainties — management is discussing commercial terms for Venezuela operations and the company still faces softer year‑over‑year revenue in some segments; plus recent insider selling noted in public filings could concern some investors. Oilfield service firm Halliburton is discussing commercial terms with customers for Venezuela operations QuiverQuant: Halliburton rises on Q1 earnings beat, steady margins, and stronger international results

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.