Halliburton Company $HAL Shares Sold by Citizens & Northern Corp

Citizens & Northern Corp lowered its position in Halliburton Company (NYSE:HAL) by 70.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,222 shares of the oilfield services company’s stock after selling 19,656 shares during the quarter. Citizens & Northern Corp’s holdings in Halliburton were worth $232,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors lifted its holdings in 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 worth $2,239,349,000 after buying an additional 40,969,139 shares in the last quarter. Sanders Capital LLC lifted its holdings in Halliburton by 9.4% in the 3rd quarter. Sanders Capital LLC now owns 26,004,682 shares of the oilfield services company’s stock worth $639,715,000 after buying an additional 2,238,983 shares in the last quarter. Strive Asset Management LLC acquired a new position in Halliburton in the 3rd quarter worth $418,738,000. Pacer Advisors Inc. lifted its holdings in Halliburton by 23.1% in the 3rd quarter. Pacer Advisors Inc. now owns 10,154,605 shares of the oilfield services company’s stock worth $249,803,000 after buying an additional 1,906,724 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Halliburton by 85.5% in the 2nd quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company’s stock worth $175,490,000 after buying an additional 3,969,759 shares in the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton Stock Performance

Shares of Halliburton stock opened at $39.65 on Friday. The firm has a market cap of $33.11 billion, a PE ratio of 21.78, a price-to-earnings-growth ratio of 1.73 and a beta of 0.68. The firm’s 50-day simple moving average is $36.61 and its 200-day simple moving average is $31.40. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.51 and a current ratio of 2.08. Halliburton Company has a 1 year low of $19.22 and a 1 year high of $41.18.

Halliburton (NYSE:HAL) last issued its earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $5.40 billion for the quarter, compared to analyst estimates of $5.37 billion. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. The company’s revenue for the quarter was down .3% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.60 EPS. Equities analysts forecast that Halliburton Company will post 2.19 earnings per share for the current fiscal year.

Halliburton Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date was Wednesday, March 4th. Halliburton’s dividend payout ratio is 37.36%.

Insiders Place Their Bets

In related news, EVP Van H. Beckwith sold 19,618 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $33.82, for a total transaction of $663,480.76. Following the completion of the sale, the executive vice president owned 344,535 shares of the company’s stock, valued at $11,652,173.70. This represents a 5.39% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Margaret Katherine Banks sold 2,600 shares of the business’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $34.17, for a total transaction of $88,842.00. Following the sale, the director directly owned 14,043 shares of the company’s stock, valued at approximately $479,849.31. This represents a 15.62% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 189,960 shares of company stock worth $7,406,724. Company insiders own 0.57% of the company’s stock.

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 results beat expectations — EPS topped consensus and margins improved on international strength, supporting the bullish narrative. Halliburton Q1 beats expectations
• Positive Sentiment: Multiple broker upgrades and price‑target raises (examples: TD Cowen, Citigroup, Argus, HSBC, RBC, Morgan Stanley, JPMorgan, Stifel, Griffin) are lifting investor sentiment and implied upside. Analyst upgrades after Q1
• Positive Sentiment: Management commentary: CEO says U.S. oil is in the “early innings” of a rebound and that a drilling ramp‑up is coming — reinforcing expectations for higher activity and service demand. CEO comments on rebound
• Positive Sentiment: Index/sector positioning: Halliburton is getting more spotlight in Russell 1000 energy reweighting, which can support demand from passive/ETF flows. Russell 1000 spotlight
• Neutral Sentiment: Longer‑term industry backdrop: reports project mid-single‑digit CAGR growth for oilfield services over the next decade — positive for structural demand but not an immediate catalyst. Oilfield services market forecast
• Neutral Sentiment: Analyst consensus remains around a “moderate buy” — broad support but not unanimous, so momentum depends on future execution and guidance. Consensus analyst recommendation
• Negative Sentiment: Company warned of higher costs tied to the Iran war, which could pressure margins and offset some upside from stronger activity. Higher costs from Iran war
• Negative Sentiment: Some cautionary notes and downgrades (e.g., Seeking Alpha analysis, a sell rating from Zephirin, Barclays’ equal‑weight) signal rising uncertainty and profit‑taking risk after the recent rally. Downgrade/uncertainty note

Analysts Set New Price Targets

HAL has been the topic of a number of recent analyst reports. Zephirin Group boosted their price objective on shares of Halliburton from $30.00 to $31.00 and gave the stock a “sell” rating in a report on Wednesday. Barclays boosted their price objective on shares of Halliburton from $29.00 to $37.00 and gave the stock an “equal weight” rating in a report on Wednesday. Griffin Securities upgraded shares of Halliburton from a “neutral” rating to a “buy” rating and set a $47.00 price objective on the stock in a report on Wednesday. Evercore upgraded shares of Halliburton from an “in-line” rating to an “outperform” rating and set a $42.00 price objective on the stock in a report on Friday, March 20th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Halliburton in a report on Friday, April 10th. Seventeen analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $40.73.

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.