Halliburton (NYSE:HAL) Price Target Raised to $39.00 at UBS Group

Halliburton (NYSE:HAL) had its price target lifted by UBS Group from $35.00 to $39.00 in a research note issued to investors on Tuesday,MarketScreener reports. They currently have a neutral rating on the oilfield services company’s stock.

HAL has been the subject of several other research reports. Argus upped their price objective on shares of Halliburton from $31.00 to $39.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Wall Street Zen cut shares of Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Susquehanna upped their price objective on shares of Halliburton from $40.00 to $45.00 and gave the stock a “positive” rating in a research report on Tuesday. Royal Bank Of Canada boosted their target price on Halliburton from $36.00 to $38.00 and gave the stock an “outperform” rating in a research note on Thursday, January 22nd. Finally, Zephirin Group downgraded Halliburton from a “buy” rating to a “hold” rating and lowered their target price for the stock from $30.00 to $28.00 in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, Halliburton currently has a consensus rating of “Moderate Buy” and a consensus price target of $36.43.

Halliburton Stock Performance

Shares of Halliburton stock traded down $1.52 during trading on Tuesday, reaching $37.20. The company’s stock had a trading volume of 5,066,133 shares, compared to its average volume of 15,734,091. The business’s 50-day moving average price is $35.67 and its 200-day moving average price is $30.35. The firm has a market cap of $31.07 billion, a PE ratio of 24.67, a P/E/G ratio of 2.33 and a beta of 0.68. Halliburton has a 52 week low of $18.75 and a 52 week high of $41.18. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68.

Halliburton (NYSE:HAL) last announced its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. The company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. Halliburton’s quarterly revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. Equities analysts forecast that Halliburton will post 2.64 earnings per share for the current year.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Stockholders of record on Wednesday, March 4th were paid a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, March 4th. This represents a $0.68 annualized dividend and a dividend yield of 1.8%. Halliburton’s dividend payout ratio is currently 45.03%.

Insider Buying and Selling

In other news, COO Jeffrey Shannon Slocum sold 5,441 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $33.82, for a total value of $184,014.62. Following the completion of the transaction, the chief operating officer owned 187,423 shares of the company’s stock, valued at $6,338,645.86. This represents a 2.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Also, Director Margaret Katherine Banks sold 2,600 shares of the company’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $34.17, for a total value of $88,842.00. Following the completion of the transaction, the director directly owned 14,043 shares of the company’s stock, valued at $479,849.31. This represents a 15.62% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 415,508 shares of company stock valued at $15,291,882 over the last three months. Insiders own 0.61% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in HAL. Cullen Frost Bankers Inc. acquired a new position in shares of Halliburton in the third quarter valued at approximately $25,000. Nvest Wealth Strategies Inc. acquired a new position in shares of Halliburton in the fourth quarter valued at approximately $25,000. Kelleher Financial Advisors acquired a new position in shares of Halliburton in the third quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. acquired a new stake in Halliburton during the 2nd quarter valued at approximately $25,000. Finally, Zions Bancorporation National Association UT increased its position in Halliburton by 196.4% during the 4th quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock valued at $28,000 after purchasing an additional 650 shares during the period. Institutional investors and hedge funds own 85.23% of the company’s stock.

Halliburton News Summary

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Susquehanna raised its price target on HAL to $45 and kept a “positive” rating, implying meaningful upside from current levels and lending momentum to the stock. Susquehanna adjusts price target on Halliburton
• Positive Sentiment: Halliburton signed a strategic collaboration agreement with PETRONAS Suriname and Valaris to align planning through execution on Suriname offshore assets — this expands Halliburton’s offshore project pipeline and could boost long‑term revenue and margins if projects advance. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Management is pursuing a charter amendment to remove a pass‑through voting provision for HESI, a governance change framed as increasing operational flexibility and possible valuation upside. Investors often reward clearer corporate control and deal agility. Halliburton Charter Vote Tests Governance Control And Valuation Upside
• Neutral Sentiment: Energy sector momentum remains a backdrop: many oil & gas stocks are outperforming amid geopolitical supply concerns, which supports investor appetite for HAL as an oilfield services play. This is a sector tailwind but not specific company revenue confirmation. Oil Stocks Are Hot. Here Are 9 Worth Getting To Know.
• Neutral Sentiment: Market snapshots showed energy stocks leaning lower at times last week, signaling intraday/short‑term volatility that could affect HAL despite company‑specific positives. Sector Update: Energy Stocks Lean Lower Pre-Bell
• Negative Sentiment: Analysts caution not all oil‑services companies benefit equally from the Middle East conflict; JPMorgan warns uneven upstream spending patterns could leave some service providers exposed, a risk for HAL if certain end‑markets soften. Not all oil stocks will benefit from Middle East conflict, JPMorgan says
• Negative Sentiment: Upcoming Q1 results carry risk: previews note analysts expect a double‑digit EPS decline for the quarter, so near‑term beat/miss outcomes can swing the stock. Investors should watch the report and guidance for evidence the new collaborations convert to revenue. Halliburton Earnings Preview: What to Expect

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.