Q1 EPS Estimates for Halliburton Reduced by Zacks Research

Halliburton (NYSE:HAL - Free Report) - Stock analysts at Zacks Research decreased their Q1 2025 EPS estimates for Halliburton in a report released on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the oilfield services company will post earnings per share of $0.61 for the quarter, down from their previous forecast of $0.71. The consensus estimate for Halliburton's current full-year earnings is $2.67 per share. Zacks Research also issued estimates for Halliburton's Q2 2025 earnings at $0.63 EPS, Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.69 EPS, Q1 2026 earnings at $0.59 EPS, Q2 2026 earnings at $0.73 EPS, Q3 2026 earnings at $0.69 EPS, Q4 2026 earnings at $0.66 EPS and FY2027 earnings at $3.11 EPS.

Several other research firms also recently weighed in on HAL. Benchmark reduced their target price on shares of Halliburton from $40.00 to $35.00 and set a "buy" rating for the company in a research note on Thursday, January 23rd. Morgan Stanley reduced their target price on shares of Halliburton from $35.00 to $34.00 and set an "overweight" rating for the company in a research note on Monday, November 18th. JPMorgan Chase & Co. reduced their price objective on shares of Halliburton from $35.00 to $33.00 and set an "overweight" rating for the company in a research note on Thursday, January 2nd. Griffin Securities cut shares of Halliburton from a "buy" rating to a "neutral" rating in a research note on Friday, December 20th. Finally, Piper Sandler started coverage on shares of Halliburton in a research note on Thursday, December 19th. They set an "overweight" rating and a $36.00 price objective for the company. Seven research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. According to data from MarketBeat.com, Halliburton currently has a consensus rating of "Moderate Buy" and a consensus price target of $37.42.

Halliburton Stock Performance

Shares of HAL traded up $0.59 during trading hours on Friday, hitting $26.75. The company's stock had a trading volume of 9,929,334 shares, compared to its average volume of 10,828,130. The company has a market cap of $23.50 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 3.53 and a beta of 1.89. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.05 and a quick ratio of 1.54. The business has a 50 day simple moving average of $27.24 and a two-hundred day simple moving average of $29.02. Halliburton has a 52-week low of $25.16 and a 52-week high of $41.56.

Institutional Investors Weigh In On Halliburton

Hedge funds have recently made changes to their positions in the business. Horrell Capital Management Inc. bought a new stake in shares of Halliburton in the 4th quarter worth approximately $33,000. Sierra Ocean LLC bought a new stake in shares of Halliburton in the 4th quarter worth approximately $36,000. Modus Advisors LLC bought a new stake in shares of Halliburton in the 4th quarter worth approximately $38,000. Continuum Advisory LLC raised its holdings in Halliburton by 101.2% during the 3rd quarter. Continuum Advisory LLC now owns 1,388 shares of the oilfield services company's stock valued at $42,000 after buying an additional 698 shares during the last quarter. Finally, Blume Capital Management Inc. raised its holdings in Halliburton by 33.3% during the 4th quarter. Blume Capital Management Inc. now owns 1,600 shares of the oilfield services company's stock valued at $44,000 after buying an additional 400 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors.

Insider Transactions at Halliburton

In other news, CFO Eric Carre sold 141,206 shares of the business's stock in a transaction that occurred 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 directly 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company insiders own 0.61% of the company's stock.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 26th. Stockholders of record on Wednesday, March 5th will be issued a $0.17 dividend. The ex-dividend date is Wednesday, March 5th. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.54%. Halliburton's 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.