Zacks Research Has Weak Forecast for Halliburton Q1 Earnings

Halliburton (NYSE:HAL) – Investment analysts at Zacks Research cut their Q1 2025 earnings per share (EPS) estimates for shares of Halliburton in a report issued on Tuesday, March 4th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings of $0.60 per share for the quarter, down from their prior estimate of $0.61. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q2 2025 earnings at $0.62 EPS, FY2025 earnings at $2.58 EPS, Q2 2026 earnings at $0.72 EPS, Q3 2026 earnings at $0.68 EPS, FY2026 earnings at $2.65 EPS and FY2027 earnings at $3.10 EPS.

A number of other equities research analysts also recently weighed in on HAL. Stifel Nicolaus lowered their price target on Halliburton from $42.00 to $37.00 and set a “buy” rating for the company in a report on Thursday, January 23rd. Susquehanna lowered their price target on Halliburton from $42.00 to $40.00 and set a “positive” rating for the company in a report on Friday, November 8th. Evercore ISI lowered their price target on Halliburton from $43.00 to $35.00 and set an “outperform” rating for the company in a report on Wednesday, January 15th. Barclays lowered their price objective on Halliburton from $32.00 to $30.00 and set an “equal weight” rating for the company in a research note on Thursday, January 23rd. Finally, Wells Fargo & Company lowered their price objective on Halliburton from $39.00 to $34.00 and set an “overweight” rating for the company in a research note on Tuesday, December 17th. Seven research analysts have rated the stock with a hold rating and fourteen have given a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $37.42.

Halliburton Price Performance

Shares of NYSE HAL opened at $24.44 on Thursday. Halliburton has a twelve month low of $23.42 and a twelve month high of $41.56. The company has a current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. The company has a market capitalization of $21.21 billion, a price-to-earnings ratio of 8.63, a price-to-earnings-growth ratio of 3.79 and a beta of 1.84. The business has a 50 day simple moving average of $26.85 and a 200-day simple moving average of $28.57.

Halliburton Announces Dividend

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 $0.17 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.68 annualized dividend and a dividend yield of 2.78%. Halliburton’s payout ratio is 24.03%.

Insider Activity

In other news, Director Margaret Katherine Banks sold 3,900 shares of the company’s stock in a transaction on Tuesday, March 4th. The stock was sold at an average price of $24.04, for a total value of $93,756.00. Following the completion of the sale, the director now owns 10,551 shares in the company, valued at $253,646.04. This represents a 26.99 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CFO Eric Carre sold 141,206 shares of the company’s stock in a transaction on Tuesday, February 11th. The shares were sold at an average price of $26.13, for a total value of $3,689,712.78. Following the completion of the sale, the chief financial officer now owns 127,101 shares of the company’s stock, valued at approximately $3,321,149.13. This trade represents a 52.63 % decrease in their position. The disclosure for this sale can be found here. Insiders own 0.61% of the company’s stock.

Institutional Trading of Halliburton

Institutional investors have recently modified their holdings of the company. Mediolanum International Funds Ltd lifted its holdings in shares of Halliburton by 48.2% during the fourth quarter. Mediolanum International Funds Ltd now owns 71,797 shares of the oilfield services company’s stock valued at $1,931,000 after purchasing an additional 23,340 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of Halliburton by 3.7% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,257,250 shares of the oilfield services company’s stock valued at $61,375,000 after purchasing an additional 80,567 shares during the last quarter. Congress Asset Management Co. purchased a new stake in shares of Halliburton during the fourth quarter valued at $621,000. Massachusetts Wealth Management lifted its holdings in shares of Halliburton by 180.9% during the fourth quarter. Massachusetts Wealth Management now owns 43,675 shares of the oilfield services company’s stock valued at $1,188,000 after purchasing an additional 28,125 shares during the last quarter. Finally, Pacer Advisors Inc. lifted its holdings in shares of Halliburton by 23.1% during the third 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 during the last quarter. Institutional investors and hedge funds own 85.23% of the company’s stock.

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.