Zacks Research Expects Reduced Earnings for Halliburton

Halliburton (NYSE:HAL) – Equities researchers at Zacks Research lowered their Q2 2025 EPS estimates for Halliburton in a research note issued to investors on Monday, May 12th. Zacks Research analyst R. Department now forecasts that the oilfield services company will post earnings per share of $0.56 for the quarter, down from their previous estimate of $0.62. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q3 2025 earnings at $0.62 EPS, Q4 2025 earnings at $0.61 EPS, FY2025 earnings at $2.39 EPS, Q1 2026 earnings at $0.54 EPS, Q2 2026 earnings at $0.69 EPS, Q3 2026 earnings at $0.63 EPS, Q4 2026 earnings at $0.60 EPS, FY2026 earnings at $2.46 EPS, Q1 2027 earnings at $0.70 EPS and FY2027 earnings at $2.89 EPS.

Other equities research analysts also recently issued reports about the stock. Barclays reduced their price objective on shares of Halliburton from $29.00 to $26.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 23rd. Royal Bank of Canada reiterated a “sector perform” rating and set a $34.00 price target on shares of Halliburton in a research report on Thursday, January 23rd. Evercore ISI lowered their price objective on shares of Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a research report on Wednesday, January 15th. Citigroup reduced their target price on Halliburton from $33.00 to $31.00 and set a “buy” rating on the stock in a report on Thursday, April 24th. Finally, The Goldman Sachs Group lowered their price target on Halliburton from $27.00 to $24.00 and set a “buy” rating for the company in a report on Friday, May 2nd. Eight equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $33.84.

Halliburton Stock Performance

HAL opened at $21.28 on Thursday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.54 and a current ratio of 2.05. Halliburton has a 52-week low of $18.72 and a 52-week high of $38.35. The firm has a market cap of $18.29 billion, a P/E ratio of 7.52, a price-to-earnings-growth ratio of 3.79 and a beta of 1.19. The business’s fifty day moving average is $22.35 and its 200-day moving average is $26.02.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Tuesday, April 22nd. The oilfield services company reported $0.60 EPS for the quarter, hitting analysts’ consensus estimates of $0.60. The firm had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.28 billion. Halliburton had a return on equity of 26.03% and a net margin of 10.90%.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Mascagni Wealth Management Inc. acquired a new stake in shares of Halliburton during the fourth quarter worth $28,000. Stone House Investment Management LLC bought a new position in shares of Halliburton in the 1st quarter worth about $30,000. Horrell Capital Management Inc. acquired a new stake in Halliburton during the fourth quarter worth approximately $33,000. Sierra Ocean LLC bought a new stake in Halliburton in the fourth quarter worth approximately $36,000. Finally, Hexagon Capital Partners LLC lifted its stake in Halliburton by 87.4% in the first quarter. Hexagon Capital Partners LLC now owns 1,407 shares of the oilfield services company’s stock valued at $36,000 after buying an additional 656 shares during the period. Institutional investors own 85.23% of the company’s stock.

Insider Buying and Selling at Halliburton

In related news, VP Timothy Mckeon sold 10,497 shares of Halliburton stock in a transaction that occurred on Friday, March 7th. The stock was sold at an average price of $24.60, for a total value of $258,226.20. Following the transaction, the vice president now directly owns 77,784 shares of the company’s stock, valued at $1,913,486.40. The trade was a 11.89% 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, Director Margaret Katherine Banks sold 3,900 shares of the stock in a transaction that occurred on Tuesday, March 4th. The shares were sold at an average price of $24.04, for a total transaction of $93,756.00. Following the sale, the director now directly owns 10,551 shares of the company’s stock, valued at $253,646.04. This represents a 26.99% decrease in their position. The disclosure for this sale can be found here. In the last ninety days, insiders sold 65,576 shares of company stock worth $1,631,457. 0.61% of the stock is currently owned by company insiders.

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.