FY2025 EPS Estimates for Halliburton Cut by Atb Cap Markets (NYSE:HAL)

Halliburton (NYSE:HAL) – Atb Cap Markets dropped their FY2025 earnings estimates for shares of Halliburton in a report released on Tuesday, October 1st. Atb Cap Markets analyst W. Syed now anticipates that the oilfield services company will post earnings of $3.18 per share for the year, down from their previous estimate of $3.70. The consensus estimate for Halliburton’s current full-year earnings is $3.14 per share. Atb Cap Markets also issued estimates for Halliburton’s FY2026 earnings at $3.33 EPS.

HAL has been the subject of a number of other reports. Barclays lowered their target price on shares of Halliburton from $54.00 to $48.00 and set an “overweight” rating for the company in a report on Tuesday, July 23rd. Stifel Nicolaus dropped their price target on shares of Halliburton from $47.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, July 16th. Piper Sandler dropped their price target on shares of Halliburton from $46.00 to $40.00 and set an “overweight” rating for the company in a research report on Monday, July 22nd. JPMorgan Chase & Co. dropped their price target on shares of Halliburton from $45.00 to $40.00 and set an “overweight” rating for the company in a research report on Monday, July 22nd. Finally, Jefferies Financial Group dropped their price target on shares of Halliburton from $47.00 to $46.00 and set a “buy” rating for the company in a research report on Tuesday, September 24th. Three investment analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, Halliburton has an average rating of “Moderate Buy” and a consensus price target of $42.56.

Halliburton Trading Up 1.2 %

NYSE HAL opened at $31.09 on Friday. The company has a market cap of $27.52 billion, a P/E ratio of 10.76, a P/E/G ratio of 1.02 and a beta of 1.88. Halliburton has a 12 month low of $27.52 and a 12 month high of $43.85. The company has a debt-to-equity ratio of 0.76, a current ratio of 2.13 and a quick ratio of 1.54. The company has a 50-day moving average of $30.46 and a 200-day moving average of $34.33.

Halliburton (NYSE:HAL) last released its earnings results on Friday, July 19th. The oilfield services company reported $0.80 EPS for the quarter, meeting the consensus estimate of $0.80. Halliburton had a return on equity of 29.97% and a net margin of 11.61%. The firm had revenue of $5.83 billion during the quarter, compared to analyst estimates of $5.95 billion. During the same period in the prior year, the firm posted $0.77 earnings per share. The business’s quarterly revenue was up .6% compared to the same quarter last year.

Halliburton Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, September 25th. Shareholders of record on Wednesday, September 4th were issued a $0.17 dividend. The ex-dividend date was Wednesday, September 4th. This represents a $0.68 dividend on an annualized basis and a yield of 2.19%. Halliburton’s dividend payout ratio is currently 23.53%.

Insiders Place Their Bets

In other Halliburton news, EVP Van H. Beckwith sold 10,000 shares of the business’s stock in a transaction on Thursday, July 18th. The shares were sold at an average price of $36.75, for a total value of $367,500.00. Following the transaction, the executive vice president now owns 273,908 shares in the company, valued at $10,066,119. The trade was a 0.00 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 0.61% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Halliburton

Several large investors have recently modified their holdings of HAL. Rise Advisors LLC bought a new position in Halliburton during the 1st quarter worth approximately $26,000. Bruce G. Allen Investments LLC grew its position in shares of Halliburton by 274.9% in the 2nd quarter. Bruce G. Allen Investments LLC now owns 1,121 shares of the oilfield services company’s stock worth $38,000 after acquiring an additional 822 shares in the last quarter. Crewe Advisors LLC acquired a new position in shares of Halliburton in the 1st quarter worth approximately $46,000. Beacon Capital Management LLC grew its position in shares of Halliburton by 28.8% in the 1st quarter. Beacon Capital Management LLC now owns 1,382 shares of the oilfield services company’s stock worth $54,000 after acquiring an additional 309 shares in the last quarter. Finally, Mattson Financial Services LLC acquired a new position in shares of Halliburton in the 2nd quarter worth approximately $54,000. Institutional investors own 85.23% of the company’s stock.

Halliburton Company Profile

Halliburton Company provides products and services to the energy industry worldwide. It operates through two segments, Completion and Production, and Drilling and Evaluation. The Completion and Production segment offers production enhancement services that include stimulation and sand control services; cementing services, such as well bonding and casing, and casing equipment; and completion tools that offer downhole solutions and services, including well completion products and services, intelligent well completions, and service tools, as well as liner hanger, sand control, and multilateral systems.