Zacks Research Reduces Earnings Estimates for Halliburton

Halliburton Company (NYSE:HAL) – Stock analysts at Zacks Research reduced their FY2025 earnings per share estimates for Halliburton in a report issued on Monday, October 6th. Zacks Research analyst Team now expects that the oilfield services company will earn $2.10 per share for the year, down from their previous estimate of $2.11. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q4 2025 earnings at $0.46 EPS, Q1 2026 earnings at $0.44 EPS, Q4 2026 earnings at $0.53 EPS and FY2026 earnings at $1.97 EPS.

Halliburton (NYSE:HAL) last issued its quarterly earnings results on Tuesday, July 22nd. The oilfield services company reported $0.55 EPS for the quarter, meeting analysts’ consensus estimates of $0.55. The firm had revenue of $5.51 billion for the quarter, compared to analysts’ expectations of $5.43 billion. Halliburton had a return on equity of 21.45% and a net margin of 8.37%.The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.80 EPS.

HAL has been the topic of several other research reports. Stifel Nicolaus lowered their price target on shares of Halliburton from $31.00 to $29.00 and set a “buy” rating on the stock in a research report on Wednesday, July 23rd. Piper Sandler cut shares of Halliburton from an “overweight” rating to a “neutral” rating and set a $25.00 target price on the stock. in a report on Monday, July 28th. Wells Fargo & Company cut their price target on Halliburton from $28.00 to $26.00 and set an “overweight” rating for the company in a report on Wednesday, July 23rd. Zephirin Group lifted their price target on Halliburton from $27.00 to $28.00 and gave the company a “buy” rating in a research report on Thursday, October 2nd. Finally, Barclays dropped their price objective on Halliburton from $26.00 to $22.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 23rd. Fourteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, Halliburton currently has an average rating of “Moderate Buy” and a consensus target price of $31.30.

Halliburton Trading Up 0.2%

Shares of Halliburton stock opened at $24.36 on Tuesday. The stock has a market capitalization of $20.77 billion, a P/E ratio of 11.38 and a beta of 1.02. Halliburton has a 52-week low of $18.72 and a 52-week high of $32.57. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.47 and a current ratio of 2.00. The stock’s 50-day simple moving average is $22.45 and its 200 day simple moving average is $21.80.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of HAL. Newbridge Financial Services Group Inc. bought a new stake in Halliburton during the second quarter valued at approximately $25,000. Stone House Investment Management LLC bought a new stake in shares of Halliburton during the 1st quarter worth $30,000. Rakuten Securities Inc. grew its position in Halliburton by 547.3% in the second quarter. Rakuten Securities Inc. now owns 1,586 shares of the oilfield services company’s stock worth $32,000 after acquiring an additional 1,341 shares in the last quarter. Cape Investment Advisory Inc. increased its stake in Halliburton by 111.9% in the second quarter. Cape Investment Advisory Inc. now owns 1,704 shares of the oilfield services company’s stock valued at $35,000 after acquiring an additional 900 shares during the last quarter. Finally, Hexagon Capital Partners LLC increased 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 acquiring an additional 656 shares during the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Halliburton Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date was Wednesday, September 3rd. Halliburton’s dividend payout ratio is currently 31.78%.

About Halliburton

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.