Y Intercept Hong Kong Ltd Trims Holdings in Halliburton Company $HAL

Y Intercept Hong Kong Ltd reduced its position in Halliburton Company (NYSE:HAL) by 66.0% 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 205,696 shares of the oilfield services company’s stock after selling 399,818 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in Halliburton were worth $5,060,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in Halliburton by 7.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after buying an additional 6,507 shares in the last quarter. Woodline Partners LP boosted its stake in shares of Halliburton by 39.0% in the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock worth $1,861,000 after acquiring an additional 20,583 shares during the period. Focus Partners Wealth grew its position in shares of Halliburton by 25.0% during the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after purchasing an additional 10,408 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after purchasing an additional 52,092 shares in the last quarter. Finally, Acadian Asset Management LLC bought a new stake in Halliburton during the 1st quarter valued at approximately $895,000. 85.23% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

HAL has been the subject of a number of research analyst reports. Citigroup increased their price objective on shares of Halliburton from $33.00 to $38.00 and gave the company a “buy” rating in a report on Friday. Argus increased their price objective on shares of Halliburton from $31.00 to $39.00 and gave the company a “buy” rating in a report on Friday. Bank of America boosted their target price on Halliburton from $24.00 to $26.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. Evercore ISI upped their price objective on Halliburton from $35.00 to $36.00 and gave the stock an “in-line” rating in a report on Thursday. Finally, Stifel Nicolaus set a $36.00 price target on shares of Halliburton in a research report on Thursday. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $34.57.

Insider Buying and Selling at Halliburton

In other news, EVP Van H. Beckwith sold 8,854 shares of the firm’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total transaction of $246,938.06. Following the transaction, the executive vice president directly owned 333,528 shares of the company’s stock, valued at approximately $9,302,095.92. This trade represents a 2.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Lawrence J. Pope sold 100,000 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $32.25, for a total value of $3,225,000.00. Following the transaction, the executive vice president owned 419,800 shares in the company, valued at $13,538,550. The trade was a 19.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 268,854 shares of company stock valued at $7,915,138 in the last three months. Company insiders own 0.56% of the company’s stock.

Halliburton Stock Performance

NYSE HAL opened at $33.97 on Friday. The business’s 50 day moving average price is $28.97 and its 200-day moving average price is $25.31. Halliburton Company has a fifty-two week low of $18.72 and a fifty-two week high of $35.55. The company has a market cap of $28.59 billion, a P/E ratio of 22.50 and a beta of 0.78. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.43 and a current ratio of 2.04.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.54 by $0.15. The company had revenue of $5.66 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 earnings per share. Sell-side analysts predict that Halliburton Company will post 2.64 earnings per share for the current year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Investors of record on Wednesday, December 3rd were issued a dividend of $0.17 per share. The ex-dividend date was Wednesday, December 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 2.0%. Halliburton’s dividend payout ratio (DPR) is presently 45.03%.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 beat and operational momentum — HAL topped EPS and revenue expectations, with improved margins and management emphasizing capital returns (buybacks/dividends) that support per-share value. MarketBeat: Halliburton Beat Expectations
• Positive Sentiment: Analyst upgrades and price-target raises — multiple firms (TD Cowen, Susquehanna, RBC, BMO, JPMorgan, Evercore, Stifel, Capital One) raised targets or ratings after results, signaling consensus sentiment lift and providing upward price catalysts. Benzinga: Analysts Increase Forecasts
• Positive Sentiment: New strategic initiatives — a $35M Halliburton–A*STAR lab in Singapore targets faster tech-enabled growth in Asia, supporting international revenue diversification and longer-term service/product improvements. SBR: Halliburton, A*STAR $35m lab
• Positive Sentiment: Venezuela opportunity — company comments and hiring activity point to a potential quick re-entry if cleared politically, which could materially expand international revenue. WSJ: Halliburton Prepares to Re-Enter Venezuela
• Neutral Sentiment: Options activity and new highs — large call buying and a 12-month high reflect elevated speculative and institutional interest, but they can amplify short-term volatility. AmericanBankingNews: Investors Buy Calls
• Neutral Sentiment: Macro/sector noise — broader energy-market swings and geopolitics (plus periodic headlines) create background volatility that can mask company fundamentals in the near term. SeeItMarket: Energy Stocks Steady Amid Macro Chaos
• Negative Sentiment: Profit nuance — while EPS beat, net income edged down year-over-year (reported net income decline), highlighting some margin or one-time items that temper the beat. Yahoo: Q4 net income falls 4.2%
• Negative Sentiment: Analyst downgrade — Zephirin Group cut HAL from Buy to Hold and trimmed its target to $28, flagging downside risk and reminding investors not all analysts are convinced upside is sustained. MarketScreener: Zephirin Downgrades HAL

About Halliburton

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.