Griffin Securities Lowers Earnings Estimates for Halliburton

Halliburton (NYSE:HAL) – Stock analysts at Griffin Securities lowered their Q1 2025 earnings estimates for Halliburton in a report issued on Monday, January 27th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will post earnings per share of $0.59 for the quarter, down from their prior forecast of $0.69. Griffin Securities currently has a “Neutral” rating on the stock. The consensus estimate for Halliburton’s current full-year earnings is $2.94 per share. Griffin Securities also issued estimates for Halliburton’s Q2 2025 earnings at $0.60 EPS, Q3 2025 earnings at $0.63 EPS and Q4 2025 earnings at $0.68 EPS.

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

A number of other research analysts have also weighed in on the stock. BMO Capital Markets cut their price target on shares of Halliburton from $40.00 to $38.00 and set a “market perform” rating on the stock in a report on Thursday, October 10th. Barclays reduced their target price on Halliburton from $32.00 to $30.00 and set an “equal weight” rating for the company in a report on Thursday, January 23rd. Benchmark dropped their price target on Halliburton from $40.00 to $35.00 and set a “buy” rating on the stock in a report on Thursday, January 23rd. Piper Sandler started coverage on Halliburton in a research report on Thursday, December 19th. They issued an “overweight” rating and a $36.00 price objective on the stock. Finally, Stifel Nicolaus decreased their target price on Halliburton from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Seven equities research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company. According to data from MarketBeat, Halliburton presently has a consensus rating of “Moderate Buy” and a consensus price target of $37.42.

Halliburton Price Performance

HAL opened at $26.35 on Wednesday. Halliburton has a 1 year low of $25.51 and a 1 year 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. The company has a market capitalization of $23.14 billion, a price-to-earnings ratio of 9.31, a P/E/G ratio of 3.58 and a beta of 1.91. The firm’s fifty day moving average price is $28.67 and its two-hundred day moving average price is $29.85.

Institutional Investors Weigh In On Halliburton

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Van ECK Associates Corp lifted its holdings in shares of Halliburton by 31.3% during the 4th quarter. Van ECK Associates Corp now owns 5,100,693 shares of the oilfield services company’s stock worth $138,688,000 after acquiring an additional 1,214,586 shares during the last quarter. Great Lakes Retirement Inc. raised its position in Halliburton by 18.4% during the fourth quarter. Great Lakes Retirement Inc. now owns 23,907 shares of the oilfield services company’s stock valued at $650,000 after purchasing an additional 3,723 shares in the last quarter. Quent Capital LLC lifted its stake in Halliburton by 261.1% during the fourth quarter. Quent Capital LLC now owns 2,246 shares of the oilfield services company’s stock worth $61,000 after purchasing an additional 1,624 shares during the last quarter. Eukles Asset Management boosted its holdings in shares of Halliburton by 6.2% in the 4th quarter. Eukles Asset Management now owns 12,296 shares of the oilfield services company’s stock worth $334,000 after purchasing an additional 713 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new position in shares of Halliburton during the 4th quarter valued at about $52,000. 85.23% of the stock is owned by hedge funds and other institutional investors.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 26th. Investors of record on Wednesday, December 4th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 2.58%. The ex-dividend date of this dividend was Wednesday, December 4th. Halliburton’s dividend payout ratio is 24.03%.

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.