Halliburton (HAL) Projected to Post Earnings on Tuesday

Halliburton (NYSE:HALGet Free Report) is projected to release its Q2 2025 earnings data before the market opens on Tuesday, July 22nd. Analysts expect Halliburton to post earnings of $0.57 per share and revenue of $5.43 billion for the quarter.

Halliburton (NYSE:HALGet Free Report) last posted its earnings results on Tuesday, April 22nd. The oilfield services company reported $0.60 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.60. The firm had revenue of $5.42 billion for the quarter, compared to analyst estimates of $5.28 billion. Halliburton had a net margin of 9.31% and a return on equity of 24.01%. On average, analysts expect Halliburton to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Halliburton Stock Down 4.5%

Shares of NYSE:HAL opened at $22.05 on Tuesday. The business has a fifty day simple moving average of $21.03 and a 200 day simple moving average of $23.54. The company has a quick ratio of 1.46, a current ratio of 1.98 and a debt-to-equity ratio of 0.69. The firm has a market cap of $18.95 billion, a P/E ratio of 9.22, a P/E/G ratio of 3.64 and a beta of 1.13. Halliburton has a 12-month low of $18.72 and a 12-month high of $37.08.

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 3.08%. The ex-dividend date of this dividend was Wednesday, June 4th. Halliburton’s dividend payout ratio is 28.45%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on HAL shares. UBS Group decreased their price objective on Halliburton from $22.00 to $21.00 and set a “neutral” rating for the company in a report on Wednesday, July 2nd. Stifel Nicolaus cut their price objective on shares of Halliburton from $37.00 to $32.00 and set a “buy” rating on the stock in a report on Wednesday, April 23rd. Morgan Stanley reduced their price objective on shares of Halliburton from $34.00 to $28.00 and set an “overweight” rating for the company in a research report on Friday, May 16th. The Goldman Sachs Group decreased their target price on Halliburton from $27.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, May 2nd. Finally, Wells Fargo & Company boosted their target price on shares of Halliburton from $27.00 to $28.00 and gave the company an “overweight” rating in a research note on Thursday, June 5th. 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, the company has a consensus rating of “Moderate Buy” and an average price target of $33.53.

Read Our Latest Analysis on HAL

Institutional Investors Weigh In On Halliburton

Several institutional investors have recently modified their holdings of the stock. Acadian Asset Management LLC bought a new position in Halliburton in the first quarter worth approximately $895,000. Focus Partners Wealth grew its holdings in Halliburton by 25.0% in the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after purchasing an additional 10,408 shares during the last quarter. Intech Investment Management LLC grew its stake in shares of Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after acquiring an additional 52,092 shares during the last quarter. Woodline Partners LP increased its holdings in shares of Halliburton by 39.0% in the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock valued at $1,861,000 after purchasing an additional 20,583 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Halliburton by 7.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after acquiring an additional 6,507 shares during the period. 85.23% of the stock is owned by institutional investors.

Halliburton Company Profile

(Get Free Report)

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.

See Also

Earnings History for Halliburton (NYSE:HAL)

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