Halliburton (NYSE:HAL) Given New $45.00 Price Target at Susquehanna

Halliburton (NYSE:HAL) had its price objective lifted by Susquehanna from $40.00 to $45.00 in a report released on Tuesday morning, MarketBeat reports. They currently have a positive rating on the oilfield services company’s stock.

A number of other equities research analysts also recently issued reports on HAL. Stifel Nicolaus set a $36.00 price target on Halliburton in a research report on Thursday, January 22nd. The Goldman Sachs Group boosted their price target on Halliburton from $40.00 to $44.00 and gave the company a “buy” rating in a research report on Wednesday, March 4th. Jefferies Financial Group reissued a “buy” rating and set a $39.00 price target on shares of Halliburton in a research report on Friday, February 6th. TD Cowen boosted their price target on Halliburton from $39.00 to $40.00 and gave the company a “buy” rating in a research report on Thursday, January 22nd. Finally, Citigroup boosted their price target on Halliburton from $33.00 to $38.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. One analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $36.29.

Halliburton Price Performance

Shares of NYSE:HAL opened at $38.63 on Tuesday. The company has a market cap of $32.26 billion, a P/E ratio of 25.58, a P/E/G ratio of 2.33 and a beta of 0.68. The company has a quick ratio of 1.51, a current ratio of 2.04 and a debt-to-equity ratio of 0.68. Halliburton has a 52 week low of $18.75 and a 52 week high of $41.18. The business has a fifty day simple moving average of $35.67 and a 200-day simple moving average of $30.35.

Halliburton (NYSE:HAL) last announced its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 EPS for the quarter, beating analysts’ consensus estimates of $0.55 by $0.14. The business had revenue of $5.66 billion during the quarter, compared to the consensus estimate of $5.39 billion. Halliburton had a return on equity of 19.77% and a net margin of 5.78%.The business’s revenue for the quarter was up .8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.73 earnings per share. Equities research analysts forecast that Halliburton will post 2.64 EPS for the current year.

Halliburton Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Shareholders of record on Wednesday, March 4th were paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date was Wednesday, March 4th. Halliburton’s payout ratio is currently 45.03%.

Insider Activity at Halliburton

In other Halliburton news, Director Margaret Katherine Banks sold 2,600 shares of the business’s stock in a transaction dated Monday, January 26th. The stock was sold at an average price of $34.17, for a total transaction of $88,842.00. Following the transaction, the director owned 14,043 shares in the company, valued at $479,849.31. The trade was a 15.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, COO Jeffrey Shannon Slocum sold 5,441 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.82, for a total value of $184,014.62. Following the transaction, the chief operating officer owned 187,423 shares in the company, valued at approximately $6,338,645.86. This represents a 2.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 415,508 shares of company stock valued at $15,291,882 over the last 90 days. Corporate insiders own 0.56% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of HAL. Capital Research Global Investors lifted its stake in shares of Halliburton by 81.8% during the third quarter. Capital Research Global Investors now owns 91,030,451 shares of the oilfield services company’s stock worth $2,239,349,000 after purchasing an additional 40,969,139 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Halliburton by 82,596.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 29,771,388 shares of the oilfield services company’s stock worth $841,339,000 after purchasing an additional 29,735,387 shares in the last quarter. Strive Asset Management LLC acquired a new position in shares of Halliburton during the third quarter worth about $418,738,000. Norges Bank acquired a new position in shares of Halliburton during the fourth quarter worth about $169,304,000. Finally, Holocene Advisors LP acquired a new position in shares of Halliburton during the third quarter worth about $147,315,000. Institutional investors and hedge funds own 85.23% of the company’s stock.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Halliburton signed a Strategic Collaboration Agreement with PETRONAS Suriname and Valaris to align planning through execution on Suriname offshore projects — this could accelerate contract wins and improve project margins in a growth region. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Susquehanna raised its price target on HAL to $45 and kept a “positive” rating, signaling analyst conviction that shares have upside versus current levels. Susquehanna Adjusts Price Target on Halliburton
• Positive Sentiment: Broader energy tailwinds — higher oil prices after the Iran war — are lifting interest in oil-and-gas names, supporting demand for oilfield services companies like Halliburton. Oil Stocks Are Hot. Here Are 9 Worth Getting To Know.
• Neutral Sentiment: Valaris’ separate announcement about a strategic collaboration reinforces the supply-chain/partner alignment but mainly reiterates the joint program rather than adding new revenue detail. Valaris Enters Strategic Collaboration Agreement
• Neutral Sentiment: Market-level noise: an intraday sector update showed energy stocks leaning lower at one point — a reminder that macro moves can offset company-specific positives. Sector Update: Energy Stocks Lean Lower Pre-Bell Monday
• Neutral Sentiment: Unrelated energy-tech news (Deep Isolation ARPA‑E award) is unlikely to affect HAL directly but reflects broader energy innovation activity. Deep Isolation Nuclear Selected for ARPA-E SCALEUP Award
• Negative Sentiment: Analysts warn that not all oilfield-services companies will benefit equally from Middle East conflict-driven price moves — shifts in upstream spending could unevenly impact HAL’s end markets. Not all oil stocks will benefit from Middle East conflict, JPMorgan says
• Negative Sentiment: Near-term operational risk: previews suggest Halliburton may face a double-digit earnings dip in the upcoming quarter, which could cap upside until results and guidance are released. Halliburton Earnings Preview
• Negative Sentiment: Governance proposal to amend a subsidiary charter is testing investor appetite for increased operational flexibility; such moves can create short-term uncertainty around control and valuation. Halliburton Charter Vote Tests Governance Control

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.