Halliburton (NYSE:HAL) Given New $31.00 Price Target at Zephirin Group

Halliburton (NYSE:HAL) had its price objective upped by Zephirin Group from $30.00 to $31.00 in a research note issued to investors on Wednesday,MarketScreener reports. Zephirin Group currently has a sell rating on the oilfield services company’s stock.

Other equities research analysts have also recently issued research reports about the company. Susquehanna raised their target price on Halliburton from $40.00 to $45.00 and gave the stock a “positive” rating in a research note on Tuesday, April 7th. Piper Sandler raised their target price on Halliburton from $34.00 to $40.00 and gave the stock a “neutral” rating in a research note on Wednesday, April 15th. Argus raised their target price on Halliburton from $31.00 to $39.00 and gave the stock a “buy” rating in a research note on Friday, January 23rd. UBS Group raised their target price on Halliburton from $35.00 to $39.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 7th. Finally, JPMorgan Chase & Co. raised their target price on Halliburton from $35.00 to $40.00 and gave the stock an “overweight” rating in a research note on Friday, March 27th. Seventeen investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Halliburton currently has a consensus rating of “Moderate Buy” and an average price target of $40.36.

Halliburton Trading Up 2.6%

NYSE HAL opened at $39.13 on Wednesday. The business has a 50 day simple moving average of $36.50 and a 200 day simple moving average of $31.34. Halliburton has a one year low of $19.22 and a one year high of $41.18. The stock has a market capitalization of $32.68 billion, a P/E ratio of 21.50, a P/E/G ratio of 1.70 and a beta of 0.68. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.08 and a quick ratio of 1.51.

Halliburton (NYSE:HAL) last released its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.49 by $0.06. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The business had revenue of $5.40 billion during the quarter, compared to analysts’ expectations of $5.37 billion. During the same quarter last year, the firm posted $0.60 earnings per share. The firm’s revenue was down .3% on a year-over-year basis. Research analysts expect that Halliburton will post 2.18 earnings per share for the current year.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 1.7%. The ex-dividend date of this dividend was Wednesday, March 4th. Halliburton’s dividend payout ratio (DPR) is 45.03%.

Insider Transactions at Halliburton

In other Halliburton news, CEO Jeffrey Allen Miller sold 158,455 shares of the firm’s stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $40.00, for a total value of $6,338,200.00. Following the completion of the sale, the chief executive officer owned 1,013,027 shares of the company’s stock, valued at approximately $40,521,080. This trade represents a 13.53% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, COO Jeffrey Shannon Slocum sold 5,441 shares of the firm’s stock in a transaction that occurred 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 directly owned 187,423 shares of the company’s stock, valued at $6,338,645.86. This trade represents a 2.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 415,508 shares of company stock valued at $15,291,882. Company insiders own 0.57% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of HAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Halliburton by 7.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock valued at $2,353,000 after purchasing an additional 6,507 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of Halliburton by 39.0% in the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock valued at $1,861,000 after purchasing an additional 20,583 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Halliburton by 25.0% in the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock valued at $1,320,000 after purchasing an additional 10,408 shares in the last quarter. Intech Investment Management LLC lifted its holdings in shares of Halliburton by 309.1% in the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock valued at $1,749,000 after purchasing an additional 52,092 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new position in shares of Halliburton in the first quarter valued at approximately $895,000. Institutional investors own 85.23% of the company’s stock.

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 beat on profits and revenues — HAL reported $0.55 EPS (above consensus) and $5.40B revenue; net income rose to $461M, operating margin expanded and the company generated positive free cash flow while repurchasing stock and paying a dividend. This is the primary driver lifting the stock. BusinessWire: Q1 Results
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms moved to “buy/overweight” or raised targets (HSBC, Morgan Stanley, JPMorgan, RBC, TD Cowen, Griffin, Stifel), signaling higher near-term earnings confidence and supporting the rally. Investing.com: Upgrades
• Neutral Sentiment: Management outlook — CEO said U.S. oil activity looks to be in the “early innings” of a rebound and a North American drilling ramp-up may be coming; encouraging long-term demand signal but timing remains uncertain for investors. MSN: CEO Comments
• Neutral Sentiment: Commercial moves in Venezuela — Halliburton said it’s discussing commercial terms after recent facility visits; potential upside if business resumes but geopolitics and execution risk make near-term impact uncertain. Reuters: Venezuela Talks
• Negative Sentiment: Iran conflict cost headwind — management flagged higher costs tied to the Iran war and estimated a Q2 EPS impact of roughly $0.07–$0.09 while keeping 2026 capex at ~$1.1B; this creates near-term earnings uncertainty. Seeking Alpha: Conflict Impact
• Negative Sentiment: Valuation/positioning caution — a few analysts warned the stock’s strong rally increases uncertainty and one boutique firm kept a sell stance; that produced some cautious notes amid otherwise constructive analyst action. Seeking Alpha: Downgrade/Warning

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.