TD Cowen Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its target price lifted by TD Cowen from $39.00 to $40.00 in a research note published on Thursday morning,MarketScreener reports. TD Cowen currently has a buy rating on the oilfield services company’s stock.

Several other equities research analysts have also recently commented on HAL. Stifel Nicolaus set a $36.00 price target on shares of Halliburton in a research report on Thursday. Hsbc Global Res raised shares of Halliburton from a “hold” rating to a “strong-buy” rating in a report on Wednesday, October 22nd. Zacks Research upgraded shares of Halliburton from a “strong sell” rating to a “hold” rating in a research report on Thursday, October 23rd. Capital One Financial increased their price target on Halliburton from $25.00 to $35.00 and gave the company an “overweight” rating in a research note on Wednesday. Finally, HSBC set a $30.00 price objective on Halliburton and gave the stock a “buy” rating in a research note on Wednesday, October 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Halliburton presently has an average rating of “Moderate Buy” and an average target price of $33.95.

Halliburton Trading Up 1.0%

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

Halliburton (NYSE:HAL) last announced 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. The firm had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.39 billion. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The company’s revenue was up .8% on a year-over-year basis. During the same period last year, the company earned $0.73 earnings per share. As a group, equities research analysts expect that Halliburton will post 2.64 EPS for the current year.

Halliburton Announces Dividend

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

Insiders Place Their Bets

In other Halliburton news, EVP Van H. Beckwith sold 8,854 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president directly 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Lawrence J. Pope sold 100,000 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $32.25, for a total value 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 268,854 shares of company stock worth $7,915,138. Corporate insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of HAL. Clearstead Trust LLC increased its position in shares of Halliburton by 7.4% during the third quarter. Clearstead Trust LLC now owns 5,370 shares of the oilfield services company’s stock worth $132,000 after acquiring an additional 370 shares in the last quarter. Angeles Wealth Management LLC boosted its stake in Halliburton by 3.6% in the 3rd quarter. Angeles Wealth Management LLC now owns 11,320 shares of the oilfield services company’s stock worth $278,000 after purchasing an additional 392 shares during the period. Greenleaf Trust increased its holdings in Halliburton by 2.4% during the 4th quarter. Greenleaf Trust now owns 16,789 shares of the oilfield services company’s stock worth $474,000 after purchasing an additional 399 shares in the last quarter. True Wealth Design LLC raised its stake in shares of Halliburton by 21.0% in the 4th quarter. True Wealth Design LLC now owns 2,434 shares of the oilfield services company’s stock valued at $69,000 after purchasing an additional 423 shares during the period. Finally, Parkside Financial Bank & Trust lifted its holdings in shares of Halliburton by 22.2% in the third quarter. Parkside Financial Bank & Trust now owns 2,369 shares of the oilfield services company’s stock valued at $58,000 after purchasing an additional 431 shares in the last quarter. Institutional investors own 85.23% of the company’s stock.

More Halliburton News

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)

About Halliburton

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.