Representative Jefferson Shreve (R-Indiana) recently sold shares of Halliburton Company (NYSE:HAL). In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Halliburton stock on May 12th. The trade occurred in the Representative’s “CRT – STANDARD UNIT TRUST” account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 – $50,000 in shares of Hubbell (NYSE:HUBB) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Trane Technologies (NYSE:TT) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of RTX (NYSE:RTX) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of NiSource (NYSE:NI) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Johnson & Johnson (NYSE:JNJ) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of AppLovin (NASDAQ:APP) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of Fiserv (NYSE:FI) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of CNO Financial Group (NYSE:CNO) on 5/12/2025.
- Sold $50,001 – $100,000 in shares of Cboe Global Markets (NASDAQ:CBOE) on 5/12/2025.
- Sold $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 5/12/2025.
Halliburton Trading Down 3.8%
HAL stock opened at $21.54 on Friday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.47 and a current ratio of 2.00. The company’s 50-day simple moving average is $21.45 and its 200 day simple moving average is $23.07. Halliburton Company has a 52 week low of $18.72 and a 52 week high of $32.81. The company has a market capitalization of $18.37 billion, a PE ratio of 10.07, a price-to-earnings-growth ratio of 3.88 and a beta of 1.12.
Halliburton Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 25th. Stockholders of record on Wednesday, June 4th were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, June 4th. This represents a $0.68 annualized dividend and a dividend yield of 3.2%. Halliburton’s dividend payout ratio is presently 31.78%.
Institutional Investors Weigh In On Halliburton
A number of hedge funds have recently made changes to their positions in HAL. Mascagni Wealth Management Inc. acquired a new stake in shares of Halliburton in the 4th quarter valued at approximately $28,000. Stone House Investment Management LLC acquired a new stake in shares of Halliburton in the 1st quarter valued at approximately $30,000. Horrell Capital Management Inc. acquired a new stake in shares of Halliburton in the 4th quarter valued at approximately $33,000. Hexagon Capital Partners LLC boosted its stake in shares of Halliburton by 87.4% in the 1st quarter. Hexagon Capital Partners LLC now owns 1,407 shares of the oilfield services company’s stock valued at $36,000 after purchasing an additional 656 shares in the last quarter. Finally, Zions Bancorporation National Association UT acquired a new stake in shares of Halliburton in the 1st quarter valued at approximately $37,000. 85.23% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several equities analysts recently commented on the stock. Morgan Stanley decreased their price target on shares of Halliburton from $34.00 to $28.00 and set an “overweight” rating on the stock in a research note on Friday, May 16th. Hsbc Global Res upgraded shares of Halliburton to a “hold” rating in a research note on Wednesday, April 23rd. UBS Group decreased their price target on shares of Halliburton from $21.00 to $20.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 23rd. Royal Bank Of Canada decreased their price target on shares of Halliburton from $28.00 to $24.00 and set a “sector perform” rating on the stock in a research note on Wednesday, July 23rd. Finally, Wells Fargo & Company decreased their price target on shares of Halliburton from $28.00 to $26.00 and set an “overweight” rating on the stock in a research note on Wednesday, July 23rd. Eight investment analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. According to data from MarketBeat.com, Halliburton currently has a consensus rating of “Moderate Buy” and a consensus price target of $31.00.
View Our Latest Stock Analysis on HAL
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana’s 6th Congressional District. He declared candidacy for the 2026 election.
Email [email protected] to notify us of updates to this biography.
Jefferson Shreve earned a bachelor’s degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve’s career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
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.
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