1,479,569 Halliburton Company $HAL Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. trimmed its stake in shares of Halliburton Company (NYSE:HAL) by 40.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,221,474 shares of the oilfield services company’s stock after selling 1,479,569 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Halliburton were worth $70,643,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Ballast Inc. raised its position in shares of Halliburton by 4.7% in the third quarter. Ballast Inc. now owns 52,656 shares of the oilfield services company’s stock valued at $1,674,000 after purchasing an additional 2,383 shares during the period. Kaufman Rossin Wealth LLC lifted its stake in shares of Halliburton by 45.3% during the 3rd quarter. Kaufman Rossin Wealth LLC now owns 9,224 shares of the oilfield services company’s stock worth $293,000 after buying an additional 2,877 shares during the last quarter. V Square Quantitative Management LLC lifted its stake in shares of Halliburton by 11.0% during the 3rd quarter. V Square Quantitative Management LLC now owns 25,165 shares of the oilfield services company’s stock worth $800,000 after buying an additional 2,496 shares during the last quarter. QRG Capital Management Inc. boosted its holdings in shares of Halliburton by 15.1% during the 2nd quarter. QRG Capital Management Inc. now owns 15,544 shares of the oilfield services company’s stock worth $528,000 after buying an additional 2,037 shares during the period. Finally, Envestnet Portfolio Solutions Inc. boosted its holdings in shares of Halliburton by 12.9% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 9,289 shares of the oilfield services company’s stock worth $315,000 after buying an additional 1,063 shares during the period. 85.23% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

HAL has been the topic of a number of research reports. Freedom Capital upgraded shares of Halliburton from a “strong sell” rating to a “hold” rating in a research note on Wednesday, July 22nd. Evercore restated an “outperform” rating and set a $43.00 price objective on shares of Halliburton in a research report on Wednesday, July 22nd. Wolfe Research began coverage on shares of Halliburton in a research report on Wednesday, July 8th. They set a “peer perform” rating for the company. Morgan Stanley reduced their price objective on Halliburton from $41.00 to $40.00 and set an “overweight” rating for the company in a report on Wednesday, July 22nd. Finally, Susquehanna decreased their target price on Halliburton from $45.00 to $42.00 and set a “positive” rating on the stock in a research report on Wednesday, July 8th. Eighteen equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $43.86.

Halliburton Price Performance

NYSE:HAL opened at $33.14 on Friday. Halliburton Company has a 52 week low of $24.92 and a 52 week high of $43.59. The company has a debt-to-equity ratio of 0.63, a quick ratio of 1.50 and a current ratio of 2.02. The firm’s 50-day simple moving average is $34.23 and its 200 day simple moving average is $36.02. The firm has a market cap of $27.61 billion, a price-to-earnings ratio of 13.87, a P/E/G ratio of 1.98 and a beta of 0.83.

Halliburton (NYSE:HAL) last announced its earnings results on Tuesday, October 20th. The oilfield services company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.02. Halliburton had a net margin of 8.90% and a return on equity of 18.36%. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.58 billion. During the same quarter in the prior year, the business posted $0.58 EPS. The business’s revenue was up 1.8% compared to the same quarter last year. As a group, sell-side analysts predict that Halliburton Company will post 2.32 earnings per share for the current year.

Halliburton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 23rd. Stockholders of record on Wednesday, September 2nd were given a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date was Wednesday, September 2nd. Halliburton’s payout ratio is presently 35.60%.

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton reported third-quarter adjusted EPS of $0.60 and revenue of $5.70 billion, exceeding analyst estimates of $0.58 and $5.58 billion, respectively. Revenue increased 1.8% year over year. HAL Q3 2026 Deep Dive: International Growth and Margin Expansion Shape Halliburton’s Outlook
• Positive Sentiment: International and offshore operations continued to support results, while improving margins and a preliminary 2027 outlook provided investors with a longer-term growth narrative. J.P. Morgan maintained a Buy rating, citing international growth, margin expansion potential and valuation. Halliburton: Buy Rating Backed by Strong International Growth, Margin Expansion Outlook, and Attractive Valuation
• Positive Sentiment: Analyst sentiment was mixed but included several constructive updates: RBC raised its price target to $46 and Freedom Broker upgraded Halliburton from Hold to Buy with a $40 target. These Analysts Revise Their Forecasts On Halliburton Following Q3 Results
• Neutral Sentiment: Heavy call-option activity suggests some traders are positioning for a rebound, although options activity is speculative and does not necessarily indicate improving fundamentals. Stock Traders Buy High Volume of Call Options on Halliburton
• Negative Sentiment: The earnings beat did not fully satisfy investors: third-quarter EBITDA missed expectations, and questions about cash-flow generation overshadowed the revenue and EPS results. Barclays also reduced its price target to $51. Halliburton’s Q3 EBITDA Miss Offset by Preliminary 2027 Outlook, RBC Says
• Negative Sentiment: Investors remain focused on potential geopolitical and regional risks, including uncertainty involving Venezuela and possible Middle East disruptions, which could affect customer activity and Halliburton’s outlook. Halliburton Earnings: Headwinds Today, Venezuela Tomorrow, Middle East Eventually

Insider Activity

In related news, COO Jeffrey Slocum sold 52,572 shares of the business’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $35.09, for a total value of $1,844,751.48. Following the completion of the sale, the chief operating officer directly owned 118,730 shares in the company, valued at approximately $4,166,235.70. The trade was a 30.69% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Company insiders own 0.57% of the company’s stock.

Halliburton Profile

Halliburton Company (NYSE: HAL) is a global provider of products and services for the energy industry. The company supports the exploration, development, and production of oil and natural gas through technologies and services used throughout the life cycle of a well.

Halliburton operates through two primary business segments: Completion and Production, and Drilling and Evaluation. Its offerings include cementing, stimulation, well completion, production enhancement, drilling services, drilling fluids, well testing, wireline and perforating services, formation evaluation, and project management.