Halliburton Q1 EPS Estimate Reduced by Griffin Securities

Halliburton (NYSE:HAL - Free Report) - Equities research analysts at Griffin Securities decreased their Q1 2025 EPS estimates for Halliburton in a research note issued on Monday, January 27th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will earn $0.59 per share for the quarter, down from their prior forecast of $0.69. Griffin Securities 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.

Several other equities research analysts have also recently issued reports on the stock. Wells Fargo & Company decreased their price objective on shares of Halliburton from $39.00 to $34.00 and set an "overweight" rating for the company in a research report on Tuesday, December 17th. Piper Sandler began coverage on shares of Halliburton in a research report on Thursday, December 19th. They issued an "overweight" rating and a $36.00 price target for the company. Stifel Nicolaus decreased their price objective on Halliburton from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Thursday, January 23rd. Royal Bank of Canada reaffirmed a "sector perform" rating and issued a $34.00 target price on shares of Halliburton in a report on Thursday, January 23rd. Finally, Jefferies Financial Group cut their price objective on Halliburton from $43.00 to $41.00 and set a "buy" rating for the company in a research report on Friday, January 3rd. Seven analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. Based on data from MarketBeat.com, Halliburton currently has an average rating of "Moderate Buy" and an average target price of $37.42.

Halliburton Stock Down 1.1 %

Shares of HAL traded down $0.31 during midday trading on Wednesday, hitting $26.35. The company had a trading volume of 16,514,031 shares, compared to its average volume of 11,833,118. Halliburton has a 1 year low of $25.51 and a 1 year high of $41.56. The company's 50-day simple moving average is $28.67 and its 200-day simple moving average is $29.85. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.62 and a current ratio of 2.05. The firm has a market capitalization of $23.14 billion, a P/E ratio of 9.31, a P/E/G ratio of 3.58 and a beta of 1.91.

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

Hedge Funds Weigh In On Halliburton

A number of large investors have recently bought and sold shares of the stock. Van ECK Associates Corp raised its holdings in shares of Halliburton by 31.3% in 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 purchasing an additional 1,214,586 shares during the period. Great Lakes Retirement Inc. grew its holdings in Halliburton by 18.4% during the 4th 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 increased its position in shares of 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 acquiring an additional 1,624 shares during the last quarter. Eukles Asset Management raised its position 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 valued at $334,000 after purchasing an additional 713 shares in the last quarter. Finally, Wingate Wealth Advisors Inc. bought a new position in Halliburton during the 4th quarter valued at $52,000. Hedge funds and other institutional investors own 85.23% of the company's stock.

Halliburton Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 26th. Shareholders of record on Wednesday, December 4th were issued a $0.17 dividend. 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 (DPR) 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.