Evercore ISI Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its price target lifted by Evercore ISI from $35.00 to $36.00 in a research report sent to investors on Thursday morning, MarketBeat.com reports. Evercore ISI currently has an in-line rating on the oilfield services company’s stock.

A number of other equities research analysts also recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $36.00 price objective on shares of Halliburton in a research report on Thursday, January 15th. HSBC set a $30.00 target price on Halliburton and gave the company a “buy” rating in a report on Wednesday, October 22nd. Morgan Stanley reissued an “overweight” rating and issued a $35.00 price target on shares of Halliburton in a report on Wednesday. BMO Capital Markets boosted their price objective on Halliburton from $31.00 to $36.00 and gave the company a “market perform” rating in a research report on Monday, January 12th. Finally, TD Cowen reaffirmed a “buy” rating on shares of Halliburton in a research report on Wednesday, January 7th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Halliburton currently has an average rating of “Moderate Buy” and a consensus target price of $33.95.

Halliburton Stock Performance

HAL stock opened at $33.68 on Thursday. The stock’s 50 day simple moving average is $28.84 and its 200 day simple moving average is $25.20. Halliburton has a 12-month low of $18.72 and a 12-month high of $33.92. The firm has a market cap of $28.35 billion, a P/E ratio of 22.30 and a beta of 0.78. The company has a current ratio of 2.04, a quick ratio of 1.43 and a debt-to-equity ratio of 0.68.

Halliburton (NYSE:HAL) last released its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, topping analysts’ consensus estimates of $0.54 by $0.15. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. The firm had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.39 billion. During the same quarter in the previous year, the company posted $0.73 earnings per share. The firm’s revenue was up .8% on a year-over-year basis. As a group, equities research analysts predict that Halliburton will post 2.64 EPS for the current year.

Halliburton Announces Dividend

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

Insider Transactions at Halliburton

In other news, insider Mark Richard sold 160,000 shares of the stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $27.77, for a total value of $4,443,200.00. Following the completion of the transaction, the insider owned 452,374 shares of the company’s stock, valued at approximately $12,562,425.98. This represents a 26.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Van H. Beckwith sold 8,854 shares of Halliburton stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $27.89, for a total transaction of $246,938.06. Following the sale, the executive vice president owned 333,528 shares in the company, valued at approximately $9,302,095.92. This represents a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 268,854 shares of company stock valued at $7,915,138. 0.56% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. V Square Quantitative Management LLC grew 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 worth $997,000 after acquiring an additional 22,045 shares in the last quarter. Commerzbank Aktiengesellschaft FI acquired a new stake in shares of Halliburton in the 2nd quarter valued at $2,595,000. Ritholtz Wealth Management bought a new stake in Halliburton in the third quarter worth $1,775,000. Fifth Third Bancorp increased its position in Halliburton by 82.4% during the second quarter. Fifth Third Bancorp now owns 42,482 shares of the oilfield services company’s stock worth $866,000 after buying an additional 19,186 shares during the last quarter. Finally, Nordea Investment Management AB increased its position in Halliburton by 7.5% during the second quarter. Nordea Investment Management AB now owns 539,079 shares of the oilfield services company’s stock worth $11,132,000 after buying an additional 37,512 shares during the last quarter. 85.23% of the stock is currently owned by institutional investors.

Halliburton News Summary

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.