Halliburton (NYSE:HAL) Price Target Raised to $35.00

Halliburton (NYSE:HAL) had its target price lifted by Capital One Financial from $25.00 to $35.00 in a research report sent to investors on Wednesday morning,MarketScreener reports. Capital One Financial currently has an overweight rating on the oilfield services company’s stock.

Several other research firms also recently issued reports on HAL. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Halliburton in a research note on Monday, December 29th. Evercore ISI reaffirmed an “in-line” rating and set a $35.00 price target (up previously from $28.00) on shares of Halliburton in a research note on Tuesday, January 6th. Citigroup lifted their price target on shares of Halliburton from $31.00 to $33.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. UBS Group raised their target price on Halliburton from $24.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Hsbc Global Res raised Halliburton from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Halliburton presently has an average rating of “Moderate Buy” and a consensus price target of $34.35.

Halliburton Stock Up 0.8%

Shares of NYSE:HAL opened at $33.97 on Wednesday. Halliburton has a 52-week low of $18.72 and a 52-week high of $35.55. The company has a market capitalization of $28.59 billion, a PE ratio of 22.50 and a beta of 0.78. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.43 and a current ratio of 2.04. The company has a fifty day moving average of $28.97 and a 200-day moving average of $25.29.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.15. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The company had revenue of $5.66 billion for the quarter, compared to the consensus estimate of $5.39 billion. During the same quarter last year, the business posted $0.73 EPS. Halliburton’s revenue for the quarter was up .8% on a year-over-year basis. On average, equities analysts predict that Halliburton will post 2.64 EPS for the current fiscal year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 3rd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $0.68 annualized dividend and a dividend yield of 2.0%. Halliburton’s dividend payout ratio is currently 45.03%.

Insider Activity

In other Halliburton news, insider Mark Richard sold 160,000 shares of the firm’s stock in a transaction that occurred on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total value of $4,443,200.00. Following the completion of the sale, the insider owned 452,374 shares of the company’s stock, valued at approximately $12,562,425.98. This trade represents a 26.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP Van H. Beckwith sold 8,854 shares of the business’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the sale, the executive vice president owned 333,528 shares of the company’s stock, valued at approximately $9,302,095.92. This represents a 2.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 268,854 shares of company stock worth $7,915,138 in the last three months. Company insiders own 0.56% of the company’s stock.

Hedge Funds Weigh In On Halliburton

A number of large investors have recently modified their holdings of the company. Kelleher Financial Advisors bought a new stake in Halliburton during the 3rd quarter valued at $25,000. Cullen Frost Bankers Inc. acquired a new position in shares of Halliburton during the third quarter valued at about $25,000. GoalVest Advisory LLC bought a new stake in shares of Halliburton during the fourth quarter worth about $35,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Halliburton during the second quarter worth about $25,000. Finally, Strive Asset Management LLC acquired a new stake in shares of Halliburton in the 3rd quarter worth about $31,000. 85.23% of the stock is currently owned by institutional investors.

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 beat and operational momentum — HAL topped EPS and revenue expectations, with improved margins and management emphasizing capital returns (buybacks/dividends) that support per-share value. MarketBeat: Halliburton Beat Expectations
• Positive Sentiment: Analyst upgrades and price-target raises — multiple firms (TD Cowen, Susquehanna, RBC, BMO, JPMorgan, Evercore, Stifel, Capital One) raised targets or ratings after results, signaling consensus sentiment lift and providing upward price catalysts. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: New strategic initiatives — a $35M Halliburton–A*STAR lab in Singapore targets faster tech-enabled growth in Asia, supporting international revenue diversification and longer-term service/product improvements. SBR: Halliburton, A*STAR $35m lab
• Positive Sentiment: Venezuela opportunity — company comments and hiring activity point to a potential quick re-entry if cleared politically, which could materially expand international revenue. WSJ: Halliburton Prepares to Re-Enter Venezuela
• Neutral Sentiment: Options activity and new highs — large call buying and a 12-month high reflect elevated speculative and institutional interest, but they can amplify short-term volatility. AmericanBankingNews: Investors Buy Calls
• Neutral Sentiment: Macro/sector noise — broader energy-market swings and geopolitics (plus periodic headlines) create background volatility that can mask company fundamentals in the near term. SeeItMarket: Energy Stocks Steady Amid Macro Chaos
• Negative Sentiment: Profit nuance — while EPS beat, net income edged down year-over-year (reported net income decline), highlighting some margin or one-time items that temper the beat. Yahoo: Q4 net income falls 4.2%
• Negative Sentiment: Analyst downgrade — Zephirin Group cut HAL from Buy to Hold and trimmed its target to $28, flagging downside risk and reminding investors not all analysts are convinced upside is sustained. MarketScreener: Zephirin Downgrades HAL

About Halliburton

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.