FY2025 EPS Estimates for Halliburton Cut by Zacks Research

Halliburton (NYSE:HAL) – Equities researchers at Zacks Research reduced their FY2025 earnings estimates for Halliburton in a research report issued on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings per share of $2.60 for the year, down from their prior estimate of $3.02. The consensus estimate for Halliburton’s current full-year earnings is $2.67 per share. Zacks Research also issued estimates for Halliburton’s FY2026 earnings at $2.68 EPS.

Several other equities research analysts also recently weighed in on the stock. Stifel Nicolaus reduced their price target on shares of Halliburton from $42.00 to $37.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Griffin Securities downgraded shares of Halliburton from a “buy” rating to a “neutral” rating in a research report on Friday, December 20th. Benchmark reduced their price target on shares of Halliburton from $40.00 to $35.00 and set a “buy” rating for the company in a research report on Thursday, January 23rd. Morgan Stanley reduced their price target on shares of Halliburton from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, November 18th. Finally, Susquehanna cut their target price on shares of Halliburton from $42.00 to $40.00 and set a “positive” rating for the company in a research report on Friday, November 8th. Seven research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $37.42.

Halliburton Price Performance

Shares of HAL opened at $26.16 on Monday. The company has a market capitalization of $22.98 billion, a P/E ratio of 9.24, a price-to-earnings-growth ratio of 3.53 and a beta of 1.89. The company has a quick ratio of 1.54, a current ratio of 2.05 and a debt-to-equity ratio of 0.68. The firm has a 50 day moving average of $27.30 and a 200 day moving average of $29.11. Halliburton has a twelve month low of $25.16 and a twelve month high of $41.56.

Halliburton Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a dividend yield of 2.60%. The ex-dividend date of this dividend is Wednesday, March 5th. Halliburton’s dividend payout ratio is presently 24.03%.

Insider Activity at Halliburton

In related news, CFO Eric Carre sold 141,206 shares of Halliburton stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $26.13, for a total transaction of $3,689,712.78. Following the transaction, the chief financial officer now owns 127,101 shares in the company, valued at approximately $3,321,149.13. The trade was a 52.63 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 0.61% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Mediolanum International Funds Ltd lifted its stake in shares of Halliburton by 48.2% during the 4th quarter. Mediolanum International Funds Ltd now owns 71,797 shares of the oilfield services company’s stock valued at $1,931,000 after buying an additional 23,340 shares in the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its stake in Halliburton by 3.7% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,257,250 shares of the oilfield services company’s stock worth $61,375,000 after purchasing an additional 80,567 shares in the last quarter. Cary Street Partners Asset Management LLC lifted its stake in Halliburton by 56.5% in the 3rd quarter. Cary Street Partners Asset Management LLC now owns 157,085 shares of the oilfield services company’s stock worth $4,563,000 after purchasing an additional 56,707 shares in the last quarter. Massachusetts Wealth Management lifted its stake in Halliburton by 180.9% in the 4th quarter. Massachusetts Wealth Management now owns 43,675 shares of the oilfield services company’s stock worth $1,188,000 after purchasing an additional 28,125 shares in the last quarter. Finally, Pacer Advisors Inc. lifted its stake 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 worth $487,522,000 after purchasing an additional 3,150,986 shares in the last quarter. Hedge funds and other institutional investors own 85.23% of the company’s stock.

About Halliburton

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.