Barclays Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its price objective hoisted by Barclays from $29.00 to $37.00 in a research report report published on Wednesday,Benzinga reports. They currently have an equal weight rating on the oilfield services company’s stock.

A number of other research analysts have also weighed in on HAL. Zephirin Group lowered Halliburton from a “buy” rating to a “hold” rating and decreased their target price for the stock from $30.00 to $28.00 in a report on Friday, January 23rd. Rothschild & Co Redburn boosted their target price on Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a report on Wednesday, February 18th. Weiss Ratings restated a “hold (c)” rating on shares of Halliburton in a research note on Friday, April 10th. Evercore upgraded Halliburton from an “in-line” rating to an “outperform” rating and set a $42.00 price target for the company in a research note on Friday, March 20th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $39.00 price target on shares of Halliburton in a research note on Friday, February 6th. Seventeen investment analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $40.36.

Halliburton Stock Up 2.6%

HAL stock opened at $39.13 on Wednesday. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $32.68 billion, a PE ratio of 21.50, a PEG ratio of 1.70 and a beta of 0.68. Halliburton has a 1-year low of $19.22 and a 1-year high of $41.18. The business’s 50 day simple moving average is $36.50 and its 200 day simple moving average is $31.34.

Halliburton (NYSE:HAL) last posted its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share for the quarter, topping analysts’ consensus estimates of $0.49 by $0.06. The business had revenue of $5.40 billion for the quarter, compared to analyst estimates of $5.37 billion. Halliburton had a return on equity of 19.04% and a net margin of 6.95%.The firm’s revenue was down .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.60 EPS. As a group, research analysts anticipate that Halliburton will post 2.18 EPS for the current year.

Halliburton Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were paid a $0.17 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.68 annualized dividend and a yield of 1.7%. Halliburton’s payout ratio is 45.03%.

Insiders Place Their Bets

In related news, CEO Jeffrey Allen Miller sold 158,455 shares of the business’s stock in a transaction on Friday, March 27th. The stock was sold at an average price of $40.00, for a total value of $6,338,200.00. Following the completion of the sale, the chief executive officer directly owned 1,013,027 shares in the company, valued at $40,521,080. The trade was a 13.53% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Van H. Beckwith sold 19,618 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $33.82, for a total value of $663,480.76. Following the sale, the executive vice president owned 344,535 shares of the company’s stock, valued at approximately $11,652,173.70. The trade was a 5.39% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 415,508 shares of company stock worth $15,291,882 over the last three months. 0.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Halliburton

A number of institutional investors have recently modified their holdings of the stock. Vermillion Wealth Management Inc. lifted its position in shares of Halliburton by 24.8% during the 4th quarter. Vermillion Wealth Management Inc. now owns 1,456 shares of the oilfield services company’s stock valued at $41,000 after acquiring an additional 289 shares during the period. Coldstream Capital Management Inc. lifted its position in shares of Halliburton by 1.5% during the 4th quarter. Coldstream Capital Management Inc. now owns 23,312 shares of the oilfield services company’s stock valued at $659,000 after acquiring an additional 349 shares during the period. Harbour Investments Inc. lifted its position in shares of Halliburton by 7.3% during the 4th quarter. Harbour Investments Inc. now owns 5,320 shares of the oilfield services company’s stock valued at $150,000 after acquiring an additional 361 shares during the period. Kingsview Wealth Management LLC lifted its position in shares of Halliburton by 3.7% during the 4th quarter. Kingsview Wealth Management LLC now owns 10,363 shares of the oilfield services company’s stock valued at $293,000 after acquiring an additional 365 shares during the period. Finally, Clearstead Trust LLC lifted its position in shares of Halliburton by 7.4% during the 3rd quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock valued at $132,000 after acquiring an additional 370 shares during the period. 85.23% of the stock is currently owned by institutional investors.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 beat on profits and revenues — HAL reported $0.55 EPS (above consensus) and $5.40B revenue; net income rose to $461M, operating margin expanded and the company generated positive free cash flow while repurchasing stock and paying a dividend. This is the primary driver lifting the stock. BusinessWire: Q1 Results
• Positive Sentiment: Analyst upgrades and higher price targets — multiple firms moved to “buy/overweight” or raised targets (HSBC, Morgan Stanley, JPMorgan, RBC, TD Cowen, Griffin, Stifel), signaling higher near-term earnings confidence and supporting the rally. Investing.com: Upgrades
• Neutral Sentiment: Management outlook — CEO said U.S. oil activity looks to be in the “early innings” of a rebound and a North American drilling ramp-up may be coming; encouraging long-term demand signal but timing remains uncertain for investors. MSN: CEO Comments
• Neutral Sentiment: Commercial moves in Venezuela — Halliburton said it’s discussing commercial terms after recent facility visits; potential upside if business resumes but geopolitics and execution risk make near-term impact uncertain. Reuters: Venezuela Talks
• Negative Sentiment: Iran conflict cost headwind — management flagged higher costs tied to the Iran war and estimated a Q2 EPS impact of roughly $0.07–$0.09 while keeping 2026 capex at ~$1.1B; this creates near-term earnings uncertainty. Seeking Alpha: Conflict Impact
• Negative Sentiment: Valuation/positioning caution — a few analysts warned the stock’s strong rally increases uncertainty and one boutique firm kept a sell stance; that produced some cautious notes amid otherwise constructive analyst action. Seeking Alpha: Downgrade/Warning

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.