Capital One Financial Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its target price lifted by stock analysts at Capital One Financial from $25.00 to $35.00 in a report issued on Wednesday,MarketScreener reports. The firm currently has an “overweight” rating on the oilfield services company’s stock. Capital One Financial‘s target price would indicate a potential upside of 6.10% from the stock’s previous close.

Several other analysts also recently issued reports on HAL. Piper Sandler increased their price target on Halliburton from $29.00 to $30.00 and gave the company a “neutral” rating in a report on Wednesday, January 14th. The Goldman Sachs Group reiterated a “buy” rating and issued a $35.00 target price on shares of Halliburton in a research note on Wednesday, January 14th. Zacks Research raised Halliburton from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 23rd. Stifel Nicolaus increased their price objective on shares of Halliburton from $32.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday. Finally, Barclays lifted their price objective on shares of Halliburton from $25.00 to $30.00 and gave the company an “equal weight” rating in a research note on Tuesday, December 16th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $33.82.

Halliburton Trading Up 2.9%

NYSE HAL traded up $0.93 during mid-day trading on Wednesday, hitting $32.99. The company’s stock had a trading volume of 4,520,653 shares, compared to its average volume of 16,206,821. The firm has a market capitalization of $27.76 billion, a P/E ratio of 22.12 and a beta of 0.78. The company has a debt-to-equity ratio of 0.70, a current ratio of 1.95 and a quick ratio of 1.43. Halliburton has a 52-week low of $18.72 and a 52-week high of $33.80. The stock’s fifty day simple moving average is $28.58 and its two-hundred day simple moving average is $25.08.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.54 by $0.15. Halliburton had a net margin of 5.91% and a return on equity of 20.12%. The company had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.39 billion. During the same quarter in the prior year, the business earned $0.73 earnings per share. The business’s quarterly revenue was up .8% compared to the same quarter last year. Research analysts expect that Halliburton will post 2.64 EPS for the current year.

Insider Transactions at Halliburton

In other Halliburton news, EVP Van H. Beckwith sold 8,854 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $27.89, for a total transaction of $246,938.06. Following the transaction, the executive vice president directly owned 333,528 shares in the company, valued at $9,302,095.92. This represents a 2.59% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Lawrence J. Pope sold 100,000 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $32.25, for a total transaction of $3,225,000.00. Following the transaction, the executive vice president directly owned 419,800 shares of the company’s stock, valued at approximately $13,538,550. This represents a 19.24% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 268,854 shares of company stock valued at $7,915,138. 0.61% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Halliburton

Large investors have recently modified their holdings of the stock. Newbridge Financial Services Group Inc. increased its holdings in Halliburton by 40.2% in the fourth quarter. Newbridge Financial Services Group Inc. now owns 1,753 shares of the oilfield services company’s stock valued at $50,000 after buying an additional 503 shares during the last quarter. Cidel Asset Management Inc. lifted its holdings in Halliburton by 11.2% during the 4th quarter. Cidel Asset Management Inc. now owns 11,571 shares of the oilfield services company’s stock worth $327,000 after buying an additional 1,166 shares during the last quarter. Ethos Financial Group LLC acquired a new position in shares of Halliburton in the 4th quarter worth approximately $460,000. Signaturefd LLC increased its holdings in shares of Halliburton by 10.2% in the 4th quarter. Signaturefd LLC now owns 17,575 shares of the oilfield services company’s stock valued at $497,000 after acquiring an additional 1,626 shares during the last quarter. Finally, Ascent Group LLC acquired a new stake in shares of Halliburton during the 4th quarter valued at approximately $279,000. Institutional investors own 85.23% of the company’s stock.

More Halliburton News

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Quarterly beat — Halliburton reported adjusted EPS of $0.69 vs. the $0.54 consensus and revenue of ~$5.66–$5.7B that topped estimates, which is the primary catalyst for the stock rally. Business Wire Release
• Positive Sentiment: International strength and margin resilience — Management and press coverage pointed to robust demand in international markets (Mexico/Latin America) and improved margins that helped offset regional weakness, supporting near-term earnings outlook. Reuters: Halliburton beats estimates
• Positive Sentiment: Capital return focus — Analysts and commentary highlighted aggressive buybacks and a >2% dividend yield; management emphasized share repurchases and returning free cash flow to shareholders, which supports valuation and investor sentiment. MarketBeat: Total Return Gusher
• Neutral Sentiment: Potential Venezuela opportunity — Company job postings and analyst previews flag a possible re-entry into Venezuela as a future growth catalyst; this is early-stage and speculative but watched by investors. MSN: Venezuela posting
• Negative Sentiment: North America remains a drag — Coverage (Barron’s/WSJ) notes North American activity was softer and weighed on results; continued weakness domestically could limit upside if international momentum fades. Barron’s: North America drag
• Negative Sentiment: Mixed cash-flow and operating metrics, plus insider selling — Some reports flagged weaker operating profit and lower operating cash vs. prior year and noted insider share sales; these are cautionary signs for longer-term cash generation and governance. Quiver: Q4 details & insider trades

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.