Halliburton (NYSE:HAL) Price Target Raised to $35.00

Halliburton (NYSE:HAL) had its target price lifted by Stifel Nicolaus from $32.00 to $35.00 in a research note released on Wednesday, Marketbeat reports. They currently have a buy rating on the oilfield services company’s stock.

HAL has been the subject of several other reports. Rothschild Redb raised Halliburton to a “strong-buy” rating in a research note on Monday, November 3rd. Susquehanna increased their price target on Halliburton from $29.00 to $36.00 and gave the company a “positive” rating in a research report on Wednesday, January 7th. Barclays lifted their price target on Halliburton from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, December 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Halliburton in a research note on Monday, December 29th. Finally, Piper Sandler lifted their target price on shares of Halliburton from $29.00 to $30.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 14th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, Halliburton currently has an average rating of “Moderate Buy” and a consensus target price of $34.35.

Halliburton Stock Performance

NYSE:HAL opened at $33.97 on Wednesday. The company has a 50-day moving average of $28.97 and a 200-day moving average of $25.29. The firm has a market cap of $28.59 billion, a price-to-earnings ratio of 22.50 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 1.43 and a debt-to-equity ratio of 0.68. Halliburton has a twelve month low of $18.72 and a twelve month high of $35.55.

Halliburton (NYSE:HAL) last released its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, beating the consensus estimate of $0.54 by $0.15. The business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The business’s quarterly revenue was up .8% on a year-over-year basis. During the same period in the prior year, the business earned $0.73 earnings per share. Analysts forecast that Halliburton will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 3rd were issued a $0.17 dividend. The ex-dividend date was Wednesday, December 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 2.0%. Halliburton’s dividend payout ratio is currently 45.03%.

Insider Activity at Halliburton

In other Halliburton news, EVP Van H. Beckwith sold 8,854 shares of Halliburton stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the completion of the sale, the executive vice president directly owned 333,528 shares in the company, valued at $9,302,095.92. The trade was a 2.59% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Lawrence J. Pope sold 100,000 shares of the 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 owned 419,800 shares in the company, valued at approximately $13,538,550. This trade represents a 19.24% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 268,854 shares of company stock valued at $7,915,138. 0.56% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Halliburton

Institutional investors have recently made changes to their positions in the business. Clearstead Trust LLC boosted its stake in Halliburton by 7.4% during the 3rd quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock valued at $132,000 after purchasing an additional 370 shares during the period. Angeles Wealth Management LLC lifted its holdings in shares of Halliburton by 3.6% during the third quarter. Angeles Wealth Management LLC now owns 11,320 shares of the oilfield services company’s stock worth $278,000 after buying an additional 392 shares during the last quarter. Greenleaf Trust lifted its holdings in shares of Halliburton by 2.4% during the fourth quarter. Greenleaf Trust now owns 16,789 shares of the oilfield services company’s stock worth $474,000 after buying an additional 399 shares during the last quarter. True Wealth Design LLC boosted its position in shares of Halliburton by 21.0% in the fourth quarter. True Wealth Design LLC now owns 2,434 shares of the oilfield services company’s stock valued at $69,000 after acquiring an additional 423 shares during the period. Finally, Parkside Financial Bank & Trust increased its position in Halliburton by 22.2% during the third quarter. Parkside Financial Bank & Trust now owns 2,369 shares of the oilfield services company’s stock worth $58,000 after acquiring an additional 431 shares during the period. 85.23% of the stock is currently owned by institutional investors.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 beat and operational momentum — HAL topped EPS and revenue expectations, with improved margins and management emphasizing capital returns (buybacks/dividends) that support per-share value. MarketBeat: Halliburton Beat Expectations
• Positive Sentiment: Analyst upgrades and price-target raises — multiple firms (TD Cowen, Susquehanna, RBC, BMO, JPMorgan, Evercore, Stifel, Capital One) raised targets or ratings after results, signaling consensus sentiment lift and providing upward price catalysts. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: New strategic initiatives — a $35M Halliburton–A*STAR lab in Singapore targets faster tech-enabled growth in Asia, supporting international revenue diversification and longer-term service/product improvements. SBR: Halliburton, A*STAR $35m lab
• Positive Sentiment: Venezuela opportunity — company comments and hiring activity point to a potential quick re-entry if cleared politically, which could materially expand international revenue. WSJ: Halliburton Prepares to Re-Enter Venezuela
• Neutral Sentiment: Options activity and new highs — large call buying and a 12-month high reflect elevated speculative and institutional interest, but they can amplify short-term volatility. AmericanBankingNews: Investors Buy Calls
• Neutral Sentiment: Macro/sector noise — broader energy-market swings and geopolitics (plus periodic headlines) create background volatility that can mask company fundamentals in the near term. SeeItMarket: Energy Stocks Steady Amid Macro Chaos
• Negative Sentiment: Profit nuance — while EPS beat, net income edged down year-over-year (reported net income decline), highlighting some margin or one-time items that temper the beat. Yahoo: Q4 net income falls 4.2%
• Negative Sentiment: Analyst downgrade — Zephirin Group cut HAL from Buy to Hold and trimmed its target to $28, flagging downside risk and reminding investors not all analysts are convinced upside is sustained. MarketScreener: Zephirin Downgrades HAL

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.