BMO Capital Markets Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its price objective boosted by BMO Capital Markets from $36.00 to $39.00 in a research note published on Thursday,MarketScreener reports. The firm currently has a market perform rating on the oilfield services company’s stock.

Several other research firms also recently commented on HAL. Royal Bank Of Canada reiterated an “outperform” rating and issued a $36.00 target price on shares of Halliburton in a research report on Thursday, January 15th. Morgan Stanley reiterated an “overweight” rating and issued a $35.00 price objective on shares of Halliburton in a report on Wednesday. JPMorgan Chase & Co. lifted their target price on shares of Halliburton from $30.00 to $35.00 and gave the stock an “overweight” rating in a research report on Thursday. Stifel Nicolaus set a $36.00 price target on shares of Halliburton in a research report on Thursday. Finally, The Goldman Sachs Group raised their price target on shares of Halliburton from $35.00 to $40.00 and gave the company a “buy” rating in a research note on Thursday. Two analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $33.95.

Halliburton Stock Performance

Shares of Halliburton stock opened at $33.68 on Thursday. The company’s 50 day moving average price is $28.84 and its two-hundred day moving average price is $25.20. The firm has a market capitalization of $28.35 billion, a P/E ratio of 22.30 and a beta of 0.78. Halliburton has a fifty-two week low of $18.72 and a fifty-two week high of $33.92. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.43.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.15. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.39 billion. During the same period in the prior year, the company earned $0.73 EPS. Halliburton’s revenue was up .8% compared to the same quarter last year. On average, equities analysts forecast that Halliburton will post 2.64 earnings per share for the current fiscal year.

Halliburton Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 24th. Stockholders of record on Wednesday, December 3rd were paid a $0.17 dividend. This represents a $0.68 dividend on an annualized basis and a dividend yield of 2.0%. The ex-dividend date of this dividend was Wednesday, December 3rd. Halliburton’s payout ratio is currently 45.03%.

Insider Activity at Halliburton

In related news, EVP Lawrence J. Pope sold 100,000 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $32.25, for a total transaction of $3,225,000.00. Following the completion of the sale, the executive vice president owned 419,800 shares of the company’s stock, valued at $13,538,550. This trade represents a 19.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Van H. Beckwith sold 8,854 shares of Halliburton stock in a transaction that occurred on Friday, December 5th. The stock was sold at an average price of $27.89, for a total value of $246,938.06. Following the completion of the sale, the executive vice president owned 333,528 shares of the company’s stock, valued at approximately $9,302,095.92. The trade was a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 268,854 shares of company stock worth $7,915,138 in the last 90 days. Corporate insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Cullen Frost Bankers Inc. acquired a new stake in Halliburton in the third quarter worth $25,000. Kelleher Financial Advisors acquired a new position in shares of Halliburton during the third quarter valued at about $25,000. Newbridge Financial Services Group Inc. bought a new position in shares of Halliburton during the 2nd quarter worth about $25,000. Strive Asset Management LLC acquired a new stake in shares of Halliburton in the 3rd quarter valued at about $31,000. Finally, Root Financial Partners LLC bought a new stake in Halliburton in the 3rd quarter valued at about $32,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 earnings beat and international strength — Halliburton reported adjusted Q4 EPS above consensus and highlighted stronger international revenue and margins, which traders viewed as the primary catalyst for the rally. Halliburton beats estimates for fourth-quarter profit (Reuters)
• Positive Sentiment: Multiple analyst upgrades and higher price targets — Several firms raised HAL price targets and ratings after the quarter (RBC, TD Cowen, BMO, JPMorgan, Susquehanna and others), supporting upside expectations. Halliburton Analysts Increase Their Forecasts After Strong Q4 Earnings (Benzinga)
• Positive Sentiment: Cash flow, buybacks and dividend underpin returns — Management emphasized strong free-cash-flow generation and continued share repurchases (and a >2% dividend yield), which boosts per‑share upside even if growth is modest. Halliburton Beat Expectations Again—Now the Rebound Trade Gets Real (MarketBeat)
• Positive Sentiment: Potential Venezuela re-entry — Management noted strong inbound interest and job postings hint at steps toward returning to Venezuela, which could materially expand international opportunity if allowed. Halliburton’s ‘phone is ringing off the hook’ with interest in Venezuela (BizJournals)
• Neutral Sentiment: Valuation and DCF checks after the run — Analysts and independent checks are revisiting HAL’s valuation after the stock’s momentum; some models show room, others urge caution given cyclical exposure. Halliburton Valuation Check (Yahoo Finance)
• Neutral Sentiment: Unusual options activity — Large volume in call options suggests speculative positioning that can amplify intraday moves but may not reflect long-term conviction. (Options volume report cited by market coverage.)
• Negative Sentiment: North America remains a drag and profit dynamics mixed — Coverage notes North American revenue weakness and some slip in profit metrics despite higher revenue, a reminder of regional headwinds that could limit upside if U.S. activity doesn’t recover. Halliburton Profit Slips Despite Higher Revenue (WSJ)

Halliburton Company Profile

Halliburton is one of the world’s largest providers of products and services to the energy industry, offering a broad portfolio that supports the lifecycle of oil and gas reservoirs from exploration and drilling through production and abandonment. Founded in 1919 by Erle P. Halliburton as an oil-well cementing company, the firm is headquartered in Houston, Texas and has developed into an integrated oilfield services company serving upstream operators globally.

The company’s activities encompass drilling and evaluation, well construction and completion, production enhancement and well intervention.