Halliburton (NYSE:HAL) Director Margaret Katherine Banks Sells 2,600 Shares of Stock

Halliburton Company (NYSE:HAL) Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $34.17, for a total transaction of $88,842.00. Following the completion of the sale, the director owned 14,043 shares in the company, valued at approximately $479,849.31. The trade was a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Halliburton Price Performance

HAL stock opened at $34.27 on Wednesday. The stock has a market cap of $28.85 billion, a price-to-earnings ratio of 22.70, a P/E/G ratio of 2.04 and a beta of 0.78. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.51. The company has a 50 day simple moving average of $29.27 and a 200 day simple moving average of $25.50. Halliburton Company has a 1 year low of $18.72 and a 1 year high of $35.55.

Halliburton (NYSE:HAL) last posted its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share for the quarter, topping analysts’ consensus estimates of $0.55 by $0.14. The firm had revenue of $5.66 billion for the quarter, compared to analysts’ expectations of $5.39 billion. Halliburton had a net margin of 5.78% and a return on equity of 19.77%. During the same quarter in the previous year, the firm posted $0.73 earnings per share. The company’s revenue was up .8% on a year-over-year basis. Research analysts anticipate that Halliburton Company will post 2.64 EPS for the current fiscal year.

Halliburton Announces Dividend

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

Hedge Funds Weigh In On Halliburton

Hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. boosted its position in Halliburton by 1.6% during the second quarter. Vanguard Group Inc. now owns 105,363,599 shares of the oilfield services company’s stock valued at $2,147,310,000 after acquiring an additional 1,617,696 shares during the last quarter. Capital Research Global Investors boosted its position in shares of Halliburton by 81.8% during the 3rd quarter. Capital Research Global Investors now owns 91,030,451 shares of the oilfield services company’s stock valued at $2,239,349,000 after purchasing an additional 40,969,139 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its position in shares of Halliburton by 1.2% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 30,287,989 shares of the oilfield services company’s stock valued at $617,269,000 after purchasing an additional 346,218 shares in the last quarter. Sanders Capital LLC grew its stake in Halliburton by 9.4% during the third quarter. Sanders Capital LLC now owns 26,004,682 shares of the oilfield services company’s stock worth $639,715,000 after purchasing an additional 2,238,983 shares during the period. Finally, Geode Capital Management LLC increased its holdings in Halliburton by 0.4% in the second quarter. Geode Capital Management LLC now owns 22,342,963 shares of the oilfield services company’s stock worth $453,461,000 after purchasing an additional 92,549 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 results topped expectations — EPS $0.69 vs. $0.55 consensus and revenue $5.66B vs. $5.39B; the beat supports the recovery narrative and underpins analyst upgrades. Halliburton Beat Expectations Again—Now the Rebound Trade Gets Real
• Positive Sentiment: Analyst price-targets and ratings moved higher (examples: TD Cowen, Capital One, UBS; a separate note raised HAL’s target to $39) — these upgrades help support near-term upside. Halliburton (NYSE:HAL) Price Target Raised to $39.00
• Positive Sentiment: Strategic R&D push — HAL and A*STAR launched Singapore’s S$35M NEX Lab to speed well‑completion innovation and low‑carbon tech development, supporting longer‑term differentiation and service demand. Halliburton & Its Partner Launch NEX Lab to Advance Energy Innovation
• Positive Sentiment: Venezuela opportunity — HAL is positioned for a quick restart if U.S. approvals and payment safeguards are secured, which could accelerate Latin America revenue growth. (Contingent on regulatory clearance.) Halliburton Prepares for Quick Comeback in Venezuela With US Approval
• Neutral Sentiment: Zacks notes momentum — HAL gained ~4.2% over the last week, reflecting the mix of beats and upgrades but not guaranteeing continuation. Halliburton (HAL) Is Up 4.24% in One Week: What You Should Know
• Neutral Sentiment: Valuation comparison pieces (HAL vs. CLB) and institutional ownership notes provide context for relative value and liquidity but are informational rather than immediate catalysts. HAL vs. CLB: Which Stock Is the Better Value Option?
• Negative Sentiment: Significant insider selling by senior management could cap upside or create near‑term selling pressure — CEO Jeffrey Miller sold 171,200 shares (filed with SEC), EVP Van Beckwith sold 54,348 shares, and Director Margaret K. Banks sold 2,600 shares. Investors often watch large executive sales even when company results are strong. CEO Form 4 EVP Form 4 Director Trade

Wall Street Analyst Weigh In

HAL has been the topic of several research reports. Rothschild & Co Redburn started coverage on Halliburton in a report on Monday, November 3rd. They set a “buy” rating and a $35.00 price target on the stock. BMO Capital Markets boosted their target price on shares of Halliburton from $36.00 to $39.00 and gave the stock a “market perform” rating in a report on Thursday, January 22nd. Argus upped their price target on shares of Halliburton from $31.00 to $39.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Redburn Partners set a $35.00 price target on shares of Halliburton in a report on Monday, November 3rd. Finally, Susquehanna boosted their price objective on shares of Halliburton from $36.00 to $40.00 and gave the stock a “positive” rating in a research note on Thursday, January 22nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Halliburton has an average rating of “Moderate Buy” and a consensus price target of $34.57.

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.