Halliburton Q1 EPS Estimate Boosted by Griffin Securities

Halliburton Company (NYSE:HAL) – Research analysts at Griffin Securities raised their Q1 2026 earnings per share estimates for shares of Halliburton in a research note issued to investors on Sunday, November 9th. Griffin Securities analyst K. Simpson now anticipates that the oilfield services company will post earnings per share of $0.49 for the quarter, up from their previous estimate of $0.48. The consensus estimate for Halliburton’s current full-year earnings is $2.64 per share. Griffin Securities also issued estimates for Halliburton’s Q2 2026 earnings at $0.50 EPS, Q3 2026 earnings at $0.56 EPS, Q4 2026 earnings at $0.60 EPS and FY2026 earnings at $2.14 EPS.

Other analysts have also issued reports about the company. Rothschild & Co Redburn assumed coverage on Halliburton in a report on Monday, November 3rd. They set a “buy” rating and a $35.00 target price on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a report on Wednesday, October 8th. Melius initiated coverage on shares of Halliburton in a research note on Wednesday, August 20th. They issued a “buy” rating and a $41.00 price target on the stock. Zephirin Group upped their price objective on shares of Halliburton from $27.00 to $28.00 and gave the stock a “buy” rating in a research report on Thursday, October 2nd. Finally, Redburn Partners set a $35.00 target price on shares of Halliburton in a research report on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to MarketBeat, Halliburton has an average rating of “Moderate Buy” and an average price target of $31.48.

Halliburton Stock Performance

Shares of NYSE:HAL opened at $26.90 on Wednesday. The firm has a market cap of $22.64 billion, a PE ratio of 17.81 and a beta of 1.03. Halliburton has a 12-month low of $18.72 and a 12-month high of $32.57. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.70. The company’s 50 day moving average price is $24.44 and its two-hundred day moving average price is $22.38.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Tuesday, October 21st. The oilfield services company reported $0.58 earnings per share for the quarter, topping the consensus estimate of $0.50 by $0.08. Halliburton had a return on equity of 20.12% and a net margin of 5.91%.The firm had revenue of $5.60 billion for the quarter, compared to analysts’ expectations of $5.39 billion. During the same quarter last year, the business earned $0.73 EPS. The company’s quarterly revenue was down 1.7% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the company. Charles Schwab Investment Management Inc. increased its position in shares of Halliburton by 450.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 29,941,771 shares of the oilfield services company’s stock worth $759,623,000 after buying an additional 24,506,472 shares during the period. Strive Asset Management LLC acquired a new position in Halliburton in the third quarter valued at $418,738,000. Norges Bank bought a new stake in Halliburton during the second quarter valued at $109,379,000. AQR Capital Management LLC grew its holdings in Halliburton by 85.5% during the 2nd quarter. AQR Capital Management LLC now owns 8,610,870 shares of the oilfield services company’s stock worth $175,490,000 after acquiring an additional 3,969,759 shares during the period. Finally, Schroder Investment Management Group raised its position in shares of Halliburton by 762.7% in the 2nd quarter. Schroder Investment Management Group now owns 3,265,132 shares of the oilfield services company’s stock worth $66,543,000 after acquiring an additional 2,886,666 shares in the last quarter. Institutional investors own 85.23% of the company’s stock.

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.