Brokers Offer Predictions for Halliburton FY2025 Earnings

Halliburton (NYSE:HAL) – Investment analysts at Zacks Research decreased their FY2025 earnings per share estimates for shares of Halliburton in a research note issued to investors on Wednesday, February 12th. Zacks Research analyst R. Department now expects that the oilfield services company will earn $2.60 per share 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 commented on the stock. Piper Sandler started coverage on shares of Halliburton in a research report on Thursday, December 19th. They set an “overweight” rating and a $36.00 target price on the stock. Raymond James lowered shares of Halliburton from a “strong-buy” rating to a “market perform” rating in a report on Monday, January 6th. JPMorgan Chase & Co. decreased their price objective on Halliburton from $35.00 to $33.00 and set an “overweight” rating for the company in a report on Thursday, January 2nd. Morgan Stanley lowered their target price on Halliburton from $35.00 to $34.00 and set an “overweight” rating for the company in a research report on Monday, November 18th. Finally, Royal Bank of Canada reiterated a “sector perform” rating and issued a $34.00 price target on shares of Halliburton in a research report on Thursday, January 23rd. Seven investment analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Halliburton currently has an average rating of “Moderate Buy” and a consensus price target of $37.42.

Halliburton Stock Performance

Shares of HAL stock opened at $26.75 on Monday. The firm has a market capitalization 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 current ratio of 2.05, a quick ratio of 1.54 and a debt-to-equity ratio of 0.68. The business’s 50-day moving average price is $27.24 and its 200-day moving average price is $29.02. Halliburton has a 12 month low of $25.16 and a 12 month high of $41.56.

Hedge Funds Weigh In On Halliburton

Large investors have recently modified their holdings of the company. Horrell Capital Management Inc. bought a new position in shares of Halliburton in the fourth quarter valued at $33,000. Sierra Ocean LLC acquired a new stake in shares of Halliburton in the 4th quarter worth about $36,000. Modus Advisors LLC bought a new position in Halliburton in the 4th quarter valued at about $38,000. Continuum Advisory LLC boosted its stake 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 purchasing an additional 698 shares during the last quarter. Finally, Blume Capital Management Inc. increased 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 worth $44,000 after purchasing an additional 400 shares in the last quarter. 85.23% of the stock is currently owned by institutional investors.

Insider Activity

In other Halliburton news, CFO Eric Carre sold 141,206 shares of the firm’s stock in a transaction that occurred on Tuesday, February 11th. The stock was 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.61% of the company’s stock.

Halliburton Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, March 26th. Shareholders of record on Wednesday, March 5th will be paid a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 2.54%. The ex-dividend date of this dividend is Wednesday, March 5th. Halliburton’s dividend payout ratio (DPR) is currently 24.03%.

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.