BMO Capital Markets Raises Halliburton (NYSE:HAL) Price Target to $39.00

Halliburton (NYSE:HAL) had its price objective increased by equities researchers at BMO Capital Markets from $36.00 to $39.00 in a report released on Thursday,MarketScreener reports. The firm currently has a “market perform” rating on the oilfield services company’s stock. BMO Capital Markets’ price target would indicate a potential upside of 18.88% from the stock’s previous close.

Other research analysts also recently issued reports about the stock. Hsbc Global Res upgraded shares of Halliburton from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, October 22nd. Rothschild & Co Redburn initiated coverage on Halliburton in a report on Monday, November 3rd. They set a “buy” rating and a $35.00 price target for the company. TD Cowen raised their price objective on Halliburton from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. Rothschild Redb upgraded Halliburton to a “strong-buy” rating in a research report on Monday, November 3rd. Finally, UBS Group boosted their target price on Halliburton from $24.00 to $32.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $33.90.

Halliburton Trading Down 1.7%

Shares of HAL stock opened at $32.81 on Thursday. The stock has a market cap of $27.61 billion, a P/E ratio of 21.68 and a beta of 0.78. Halliburton has a 1 year low of $18.72 and a 1 year high of $33.80. The company has a current ratio of 1.95, a quick ratio of 1.43 and a debt-to-equity ratio of 0.70. The stock has a 50 day simple moving average of $28.71 and a 200 day simple moving average of $25.14.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share for the quarter, topping the consensus estimate of $0.54 by $0.15. Halliburton had a net margin of 5.91% and a return on equity of 20.12%. The business had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same quarter in the prior year, the business posted $0.73 earnings per share. Halliburton’s revenue was up .8% compared to the same quarter last year. On average, research analysts predict that Halliburton will post 2.64 earnings per share for the current fiscal year.

Insider Buying and Selling at Halliburton

In other news, EVP Lawrence J. Pope sold 100,000 shares of the firm’s stock in a transaction on Monday, January 5th. The shares were sold at an average price of $32.25, for a total transaction of $3,225,000.00. Following the completion of the transaction, the executive vice president owned 419,800 shares of the company’s stock, valued at approximately $13,538,550. This trade represents a 19.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Mark Richard sold 160,000 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the completion of the sale, the insider directly owned 452,374 shares in the company, valued at approximately $12,562,425.98. This represents a 26.13% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 268,854 shares of company stock worth $7,915,138. 0.56% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Halliburton

Hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. raised its stake in Halliburton by 1.6% during the second quarter. Vanguard Group Inc. now owns 105,363,599 shares of the oilfield services company’s stock worth $2,147,310,000 after buying an additional 1,617,696 shares during the last quarter. Capital Research Global Investors lifted its stake in shares of Halliburton by 81.8% in the 3rd quarter. Capital Research Global Investors now owns 91,030,451 shares of the oilfield services company’s stock valued at $2,239,349,000 after purchasing an additional 40,969,139 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in shares of Halliburton by 1.2% in the 2nd quarter. Charles Schwab Investment Management Inc. now owns 30,287,989 shares of the oilfield services company’s stock valued at $617,269,000 after purchasing an additional 346,218 shares during the period. Sanders Capital LLC boosted its position in shares of Halliburton by 9.4% during the 3rd quarter. Sanders Capital LLC now owns 26,004,682 shares of the oilfield services company’s stock valued at $639,715,000 after purchasing an additional 2,238,983 shares in the last quarter. Finally, Geode Capital Management LLC grew its stake in Halliburton by 0.4% during the second quarter. Geode Capital Management LLC now owns 22,342,963 shares of the oilfield services company’s stock worth $453,461,000 after purchasing an additional 92,549 shares during the period. 85.23% of the stock is currently owned by institutional investors.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $0.69 vs. $0.54 estimate and revenue $5.66B (above estimates); international revenue strength and solid operating cash flow/free cash flow were highlighted. Reuters: Halliburton beats estimates
• Positive Sentiment: Analyst upgrades/target raises are lifting sentiment — Susquehanna raised its target to $40 (positive), and Stifel/Capital One bumped targets to the mid‑$30s, giving more upside to the consensus. Benzinga: Susquehanna raise MarketScreener: Stifel raise
• Positive Sentiment: Venezuela re‑entry is a potential near‑term catalyst — management said interest is high and the company posted job listings consistent with returning operations, which would materially expand international demand. Yahoo: Venezuela job posting Upstream: CEO comments
• Positive Sentiment: Capital returns and cash flow profile support shareholder value — company emphasized buybacks and a >2% dividend; analysts note buybacks materially reduced share count in 2025. Benzinga: cash flow & deals
• Positive Sentiment: Unusual options activity: heavy call buying (≈60k calls) indicates short‑term bullish positioning by traders. (Market flow item)
• Neutral Sentiment: Valuation/DCF rechecks are appearing after the run‑up — some analytical pieces reassess fair value given recent momentum; these provide mixed signals depending on assumptions. Yahoo: valuation check
• Neutral Sentiment: Management tone: strong 2025 execution but cautious phrasing on 2026 growth — investors should watch guidance/remarks from the call for forward momentum. TipRanks: earnings call takeaways
• Negative Sentiment: North America remains a drag — Q4 North America revenue fell and regional weakness could limit upside until U.S. activity recovers. Barron’s: North America drag
• Negative Sentiment: Insider selling and mixed year‑over‑year metrics noted by some data providers; monitor insider flows and quarterly cash trends for signs of sustainable recovery. QuiverQuant: financial snapshot & insider activity

Halliburton Company Profile

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.