Q1 EPS Estimates for Halliburton Reduced by Atb Cap Markets

Halliburton (NYSE:HAL) – Atb Cap Markets cut their Q1 2025 EPS estimates for shares of Halliburton in a research report issued on Wednesday, January 22nd. Atb Cap Markets analyst W. Syed now forecasts that the oilfield services company will post earnings of $0.59 per share for the quarter, down from their previous estimate of $0.67. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share. Atb Cap Markets also issued estimates for Halliburton’s Q2 2025 earnings at $0.61 EPS, Q3 2025 earnings at $0.66 EPS, Q4 2025 earnings at $0.68 EPS, FY2025 earnings at $2.53 EPS, Q1 2026 earnings at $0.64 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.74 EPS, Q4 2026 earnings at $0.73 EPS, FY2026 earnings at $2.80 EPS and FY2027 earnings at $3.08 EPS.

Other equities analysts have also recently issued reports about the stock. Jefferies Financial Group dropped their price objective on shares of Halliburton from $43.00 to $41.00 and set a “buy” rating on the stock in a research note on Friday, January 3rd. Raymond James cut shares of Halliburton from a “strong-buy” rating to a “market perform” rating in a research note on Monday, January 6th. Royal Bank of Canada reissued a “sector perform” rating and issued a $34.00 price objective on shares of Halliburton in a research note on Thursday. Stifel Nicolaus dropped their price objective on shares of Halliburton from $42.00 to $37.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, Evercore ISI dropped their price objective on shares of Halliburton from $43.00 to $35.00 and set an “outperform” rating on the stock in a research note on Wednesday, January 15th. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. According to MarketBeat.com, Halliburton presently has an average rating of “Moderate Buy” and a consensus price target of $37.42.

Halliburton Stock Performance

Shares of Halliburton stock opened at $27.83 on Friday. The firm’s fifty day simple moving average is $28.85 and its 200-day simple moving average is $30.03. The stock has a market capitalization of $24.45 billion, a price-to-earnings ratio of 9.83, a PEG ratio of 3.58 and a beta of 1.91. Halliburton has a 12 month low of $25.51 and a 12 month high of $41.56. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.62.

Halliburton (NYSE:HAL) last announced its earnings results on Thursday, November 7th. The oilfield services company reported $0.73 EPS for the quarter, missing analysts’ consensus estimates of $0.75 by ($0.02). The business had revenue of $5.70 billion during the quarter, compared to analyst estimates of $5.83 billion. Halliburton had a net margin of 10.90% and a return on equity of 26.03%. The business’s revenue was down 1.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.79 earnings per share.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Wednesday, December 4th were issued a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, December 4th. This represents a $0.68 dividend on an annualized basis and a yield of 2.44%. Halliburton’s dividend payout ratio (DPR) is 24.03%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in HAL. Franklin Resources Inc. lifted its holdings in Halliburton by 244.5% in the 3rd quarter. Franklin Resources Inc. now owns 4,513,560 shares of the oilfield services company’s stock valued at $138,025,000 after purchasing an additional 3,203,224 shares in the last quarter. Pacer Advisors Inc. lifted its holdings in Halliburton by 23.1% in the 3rd quarter. Pacer Advisors Inc. now owns 16,782,174 shares of the oilfield services company’s stock valued at $487,522,000 after purchasing an additional 3,150,986 shares in the last quarter. Thompson Siegel & Walmsley LLC purchased a new position in Halliburton in the 3rd quarter valued at about $55,132,000. Thrivent Financial for Lutherans lifted its holdings in Halliburton by 22.0% in the 3rd quarter. Thrivent Financial for Lutherans now owns 5,520,383 shares of the oilfield services company’s stock valued at $160,367,000 after purchasing an additional 995,649 shares in the last quarter. Finally, AQR Capital Management LLC lifted its holdings in Halliburton by 127.2% in the 2nd quarter. AQR Capital Management LLC now owns 1,557,130 shares of the oilfield services company’s stock valued at $52,600,000 after purchasing an additional 871,789 shares in the last quarter. 85.23% of the stock is currently owned by hedge funds and other institutional investors.

Halliburton Company Profile

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.