Zacks Research Decreases Earnings Estimates for Halliburton

Halliburton (NYSE:HAL) – Stock analysts at Zacks Research reduced their Q1 2025 EPS estimates for Halliburton in a research report issued on Tuesday, March 4th. Zacks Research analyst R. Department now forecasts that the oilfield services company will post earnings per share of $0.60 for the quarter, down from their previous forecast of $0.61. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q2 2025 earnings at $0.62 EPS, FY2025 earnings at $2.58 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.68 EPS, FY2026 earnings at $2.65 EPS and FY2027 earnings at $3.10 EPS.

Other analysts have also recently issued reports about the stock. Griffin Securities cut shares of Halliburton from a “buy” rating to a “neutral” rating in a report on Friday, December 20th. UBS Group downgraded shares of Halliburton from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $36.00 to $34.00 in a report on Monday, December 9th. Stifel Nicolaus cut their price target on Halliburton from $42.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Evercore ISI cut their price target on Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, January 15th. Finally, Royal Bank of Canada reissued a “sector perform” rating and set a $34.00 price objective on shares of Halliburton in a report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $37.42.

Halliburton Trading Up 0.3 %

Shares of NYSE HAL opened at $24.22 on Thursday. The company has a quick ratio of 1.54, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. Halliburton has a 12 month low of $23.42 and a 12 month high of $41.56. The company has a market cap of $21.02 billion, a price-to-earnings ratio of 8.56, a P/E/G ratio of 3.79 and a beta of 1.84. The business has a fifty day simple moving average of $26.89 and a 200-day simple moving average of $28.60.

Halliburton Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be issued a $0.17 dividend. The ex-dividend date of this dividend is Wednesday, March 5th. This represents a $0.68 annualized dividend and a dividend yield of 2.81%. Halliburton’s payout ratio is currently 24.03%.

Insider Buying and Selling

In other news, CFO Eric Carre sold 141,206 shares of the stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $26.13, for a total transaction of $3,689,712.78. Following the completion of the sale, the chief financial officer now owns 127,101 shares of the company’s stock, valued at approximately $3,321,149.13. This represents a 52.63 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Margaret Katherine Banks sold 3,900 shares of the company’s stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $24.04, for a total value of $93,756.00. Following the transaction, the director now owns 10,551 shares of the company’s stock, valued at approximately $253,646.04. This represents a 26.99 % decrease in their position. The disclosure for this sale can be found here. 0.61% of the stock is owned by company insiders.

Hedge Funds Weigh In On Halliburton

Several large investors have recently made changes to their positions in the business. Horrell Capital Management Inc. bought a new stake in Halliburton in the fourth quarter worth $33,000. Sierra Ocean LLC bought a new stake in shares of Halliburton during the fourth quarter valued at approximately $36,000. Modus Advisors LLC purchased a new position in Halliburton in the 4th quarter worth approximately $38,000. Vermillion Wealth Management Inc. bought a new position in Halliburton in the 4th quarter valued at approximately $39,000. Finally, Continuum Advisory LLC raised its stake in shares of Halliburton by 101.2% in the third quarter. Continuum Advisory LLC now owns 1,388 shares of the oilfield services company’s stock worth $42,000 after purchasing an additional 698 shares during the last quarter. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

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.