Q1 EPS Estimates for Halliburton Reduced by Zacks Research

Halliburton (NYSE:HAL) – Research analysts at Zacks Research lowered their Q1 2025 EPS estimates for Halliburton in a report released on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings of $0.60 per share for the quarter, down from their previous estimate 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.

A number of other equities research analysts also recently weighed in on the company. Morgan Stanley lowered their price target on Halliburton from $35.00 to $34.00 and set an “overweight” rating on the stock in a research report on Monday, November 18th. Jefferies Financial Group cut their price target on shares of Halliburton from $43.00 to $41.00 and set a “buy” rating on the stock in a report on Friday, January 3rd. Royal Bank of Canada reaffirmed a “sector perform” rating and set a $34.00 price objective on shares of Halliburton in a research note on Thursday, January 23rd. Raymond James lowered shares of Halliburton from a “strong-buy” rating to a “market perform” rating in a report on Monday, January 6th. Finally, Wells Fargo & Company lowered their price target on Halliburton from $39.00 to $34.00 and set an “overweight” rating for the company in a research report on Tuesday, December 17th. Seven equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $37.42.

Halliburton Stock Performance

Halliburton stock opened at $24.22 on Thursday. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. Halliburton has a 1-year low of $23.42 and a 1-year high of $41.56. The firm has a market capitalization of $21.02 billion, a PE ratio of 8.56, a price-to-earnings-growth ratio of 3.79 and a beta of 1.84. The firm’s 50 day simple moving average is $26.89 and its 200 day simple moving average is $28.60.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of HAL. Horrell Capital Management Inc. acquired a new position in Halliburton during the fourth quarter valued at approximately $33,000. Sierra Ocean LLC acquired a new stake in Halliburton in the 4th quarter valued at $36,000. Modus Advisors LLC purchased a new position in Halliburton in the fourth quarter valued at about $38,000. Vermillion Wealth Management Inc. acquired a new position in shares of Halliburton during the fourth quarter worth about $39,000. Finally, Continuum Advisory LLC boosted its position 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 buying an additional 698 shares during the period. Institutional investors and hedge funds own 85.23% of the company’s stock.

Insider Activity at Halliburton

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

Halliburton Dividend Announcement

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

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.