Zacks Research Lowers Earnings Estimates for Halliburton

Halliburton (NYSE:HAL) – Investment analysts at Zacks Research lowered their Q1 2025 EPS estimates for Halliburton in a research note issued on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings of $0.61 per share for the quarter, down from their previous forecast of $0.71. The consensus estimate for Halliburton’s current full-year earnings is $2.67 per share. Zacks Research also issued estimates for Halliburton’s Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.69 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.66 EPS and FY2027 earnings at $3.11 EPS.

HAL has been the subject of several other research reports. Jefferies Financial Group cut their price objective on Halliburton from $43.00 to $41.00 and set a “buy” rating for the company in a report on Friday, January 3rd. Susquehanna cut their price target on Halliburton from $42.00 to $40.00 and set a “positive” rating for the company in a research note on Friday, November 8th. Piper Sandler began coverage on shares of Halliburton in a research note on Thursday, December 19th. They issued an “overweight” rating and a $36.00 price objective on the stock. Griffin Securities downgraded shares of Halliburton from a “buy” rating to a “neutral” rating in a report on Friday, December 20th. Finally, Barclays reduced their target price on shares of Halliburton from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Thursday, January 23rd. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat.com, Halliburton presently has an average rating of “Moderate Buy” and an average target price of $37.42.

Halliburton Trading Up 1.2 %

NYSE:HAL opened at $26.27 on Friday. The company has a market cap of $23.08 billion, a PE ratio of 9.28, a price-to-earnings-growth ratio of 3.53 and a beta of 1.89. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. The company has a 50 day simple moving average of $27.43 and a two-hundred day simple moving average of $29.22. Halliburton has a 12 month low of $25.16 and a 12 month high of $41.56.

Halliburton Dividend Announcement

The business also recently announced 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. This represents a $0.68 annualized dividend and a dividend yield of 2.59%. The ex-dividend date of this dividend is Wednesday, March 5th. Halliburton’s dividend payout ratio (DPR) is presently 24.03%.

Insider Buying and Selling

In related news, CFO Eric Carre sold 141,206 shares of the business’s stock in a transaction dated Tuesday, February 11th. The stock was sold at an average price of $26.13, for a total value of $3,689,712.78. Following the sale, the chief financial officer now directly owns 127,101 shares in the company, valued at approximately $3,321,149.13. The trade was a 52.63 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.61% of the stock is owned by company insiders.

Institutional Trading of Halliburton

A number of large investors have recently added to or reduced their stakes in HAL. Norges Bank purchased a new stake in Halliburton during the fourth quarter valued at approximately $299,986,000. Franklin Resources Inc. raised its position in Halliburton by 244.5% during the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company’s stock valued at $138,025,000 after purchasing an additional 3,203,224 shares in the last quarter. Pacer Advisors Inc. lifted its stake in Halliburton by 23.1% in the third quarter. Pacer Advisors Inc. now owns 16,782,174 shares of the oilfield services company’s stock worth $487,522,000 after acquiring an additional 3,150,986 shares during the period. Amundi lifted its position in shares of Halliburton by 22.2% in the 4th quarter. Amundi now owns 13,068,025 shares of the oilfield services company’s stock worth $353,242,000 after purchasing an additional 2,378,043 shares during the period. Finally, Barrow Hanley Mewhinney & Strauss LLC increased its holdings in Halliburton by 15.6% during the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 16,093,680 shares of the oilfield services company’s stock valued at $437,587,000 after buying an additional 2,171,722 shares during the period. 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.