Q1 EPS Estimates for Halliburton Boosted by Zacks Research

Halliburton Company (NYSE:HAL) – Zacks Research increased their Q1 2027 earnings per share (EPS) estimates for shares of Halliburton in a report issued on Monday, October 6th. Zacks Research analyst Team now expects that the oilfield services company will post earnings of $0.56 per share for the quarter, up from their previous estimate of $0.53. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Zacks Research also issued estimates for Halliburton’s Q2 2027 earnings at $0.55 EPS and FY2027 earnings at $2.35 EPS.

Several other research analysts have also recently weighed in on HAL. Weiss Ratings restated a “hold (c-)” rating on shares of Halliburton in a report on Wednesday. Zephirin Group boosted their target price on Halliburton from $27.00 to $28.00 and gave the stock a “buy” rating in a report on Thursday, October 2nd. UBS Group boosted their target price on Halliburton from $21.00 to $23.00 and gave the stock a “neutral” rating in a report on Monday. Melius Research began coverage on Halliburton in a report on Wednesday, August 20th. They set a “buy” rating and a $41.00 target price on the stock. Finally, Royal Bank Of Canada lowered their target price on Halliburton from $28.00 to $24.00 and set a “sector perform” rating on the stock in a report on Wednesday, July 23rd. Fourteen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $31.30.

Halliburton Trading Down 1.4%

HAL stock opened at $23.93 on Wednesday. The company has a current ratio of 2.00, a quick ratio of 1.47 and a debt-to-equity ratio of 0.68. Halliburton has a 12-month low of $18.72 and a 12-month high of $32.57. The stock has a market cap of $20.40 billion, a price-to-earnings ratio of 11.18 and a beta of 1.02. The business’s 50-day moving average is $22.50 and its 200 day moving average is $21.83.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Tuesday, July 22nd. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.55. Halliburton had a return on equity of 21.45% and a net margin of 8.37%.The company had revenue of $5.51 billion for the quarter, compared to analysts’ expectations of $5.43 billion. During the same period in the previous year, the firm posted $0.80 EPS. Halliburton’s revenue was down 5.5% compared to the same quarter last year.

Institutional Trading of Halliburton

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. ORG Partners LLC raised its position in Halliburton by 13,675.2% in the first quarter. ORG Partners LLC now owns 17,219 shares of the oilfield services company’s stock valued at $440,000 after purchasing an additional 17,094 shares during the period. Kingstone Capital Partners Texas LLC purchased a new stake in Halliburton in the second quarter valued at approximately $287,000. V Square Quantitative Management LLC raised its position in Halliburton by 82.1% in the second quarter. V Square Quantitative Management LLC now owns 48,900 shares of the oilfield services company’s stock valued at $997,000 after purchasing an additional 22,045 shares during the period. BNP PARIBAS ASSET MANAGEMENT Holding S.A. raised its position in Halliburton by 42.4% in the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 308,099 shares of the oilfield services company’s stock valued at $7,816,000 after purchasing an additional 91,791 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its position in Halliburton by 33.6% in the first quarter. Wealth Enhancement Advisory Services LLC now owns 159,533 shares of the oilfield services company’s stock valued at $4,047,000 after purchasing an additional 40,109 shares during the period. Hedge funds and other institutional investors own 85.23% of the company’s stock.

Halliburton Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, September 24th. Shareholders of record on Wednesday, September 3rd were given a $0.17 dividend. The ex-dividend date of this dividend was Wednesday, September 3rd. This represents a $0.68 dividend on an annualized basis and a yield of 2.8%. Halliburton’s payout ratio is presently 31.78%.

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.