UBS Group Forecasts Strong Price Appreciation for Halliburton (NYSE:HAL) Stock

Halliburton (NYSE:HAL) had its target price increased by UBS Group from $35.00 to $39.00 in a note issued to investors on Tuesday,MarketScreener reports. The brokerage presently has a “neutral” rating on the oilfield services company’s stock. UBS Group’s price objective points to a potential upside of 3.19% from the company’s current price.

Other research analysts have also issued research reports about the company. Argus boosted their price target on Halliburton from $31.00 to $39.00 and gave the stock a “buy” rating in a research report on Friday, January 23rd. Zephirin Group lowered Halliburton from a “buy” rating to a “hold” rating and reduced their price target for the stock from $30.00 to $28.00 in a research report on Friday, January 23rd. Barclays reduced their price target on Halliburton from $30.00 to $29.00 and set an “equal weight” rating for the company in a research report on Wednesday. Rothschild & Co Redburn boosted their price target on Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a research report on Wednesday, February 18th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Halliburton in a research note on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.43.

Halliburton Trading Down 2.4%

Shares of HAL stock opened at $37.80 on Tuesday. The company has a debt-to-equity ratio of 0.68, a quick ratio of 1.51 and a current ratio of 2.04. Halliburton has a 1 year low of $18.75 and a 1 year high of $41.18. The stock has a fifty day moving average of $35.75 and a two-hundred day moving average of $30.41. The firm has a market capitalization of $31.56 billion, a PE ratio of 25.03, a price-to-earnings-growth ratio of 2.33 and a beta of 0.68.

Halliburton (NYSE:HAL) last announced its quarterly earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.14. 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 analyst estimates of $5.39 billion. During the same quarter in the previous year, the firm posted $0.73 EPS. The firm’s quarterly revenue was up .8% on a year-over-year basis. As a group, research analysts expect that Halliburton will post 2.64 EPS for the current year.

Insider Buying and Selling

In other news, VP Timothy Mckeon sold 3,846 shares of the business’s stock in a transaction on Friday, March 6th. The stock was sold at an average price of $34.37, for a total transaction of $132,187.02. Following the sale, the vice president directly owned 81,631 shares of the company’s stock, valued at $2,805,657.47. The trade was a 4.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Margaret Katherine Banks sold 2,600 shares of the business’s stock in a transaction on Monday, January 26th. The stock was sold at an average price of $34.17, for a total value of $88,842.00. Following the sale, the director directly owned 14,043 shares in the company, valued at $479,849.31. This trade represents a 15.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 415,508 shares of company stock worth $15,291,882. 0.56% of the stock is owned by corporate insiders.

Institutional Investors Weigh In On Halliburton

A number of institutional investors and hedge funds have recently modified their holdings of HAL. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Halliburton by 7.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 92,754 shares of the oilfield services company’s stock worth $2,353,000 after purchasing an additional 6,507 shares during the period. Woodline Partners LP raised its position in shares of Halliburton by 39.0% during the first quarter. Woodline Partners LP now owns 73,341 shares of the oilfield services company’s stock worth $1,861,000 after purchasing an additional 20,583 shares during the period. Focus Partners Wealth raised its position in shares of Halliburton by 25.0% during the first quarter. Focus Partners Wealth now owns 52,045 shares of the oilfield services company’s stock worth $1,320,000 after purchasing an additional 10,408 shares during the period. Intech Investment Management LLC raised its position in shares of Halliburton by 309.1% during the first quarter. Intech Investment Management LLC now owns 68,946 shares of the oilfield services company’s stock worth $1,749,000 after purchasing an additional 52,092 shares during the period. Finally, Acadian Asset Management LLC acquired a new stake in shares of Halliburton during the first quarter worth $895,000. 85.23% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Susquehanna raised its price target to $45 and maintained a “positive” rating, signaling meaningful upside vs. current levels and supporting investor sentiment. Susquehanna raises PT to $45
• Positive Sentiment: Halliburton announced a strategic alliance with PETRONAS Suriname and Valaris to align planning through project delivery on Suriname offshore assets — a tangible step to expand its offshore footprint and capture long‑cycle project activity. Halliburton Strengthens Global Footprint With Strategic Alliance
• Positive Sentiment: Broad energy‑sector momentum (oil stocks rallying on Middle East tensions and higher oil prices) provides a favorable industry tailwind that can lift oilfield services demand over time. Oil Stocks Are Hot
• Neutral Sentiment: UBS raised its price target to $39 but kept a “neutral” rating — a modest endorsement that implies limited near‑term upside from current levels and contributes to mixed analyst signals. UBS raises PT to $39
• Neutral Sentiment: Industry notes and comparisons of Halliburton vs. peers (coverage in AmericanBankingNews) provide context but don’t change fundamentals immediately; useful for relative valuation and positioning. Contrasting Halliburton and The Competition
• Neutral Sentiment: Deep Isolation ARPA‑E award and other energy tech headlines are sector‑adjacent but not material to Halliburton’s core oilfield services earnings. Deep Isolation ARPA-E SCALEUP Award
• Negative Sentiment: Barclays trimmed its price target to $29 and kept an “equal weight” rating, implying meaningful downside from current levels — this downgrade likely pressured the stock and increased intraday selling. Barclays lowers PT to $29
• Negative Sentiment: Market coverage noted the stock moved lower today amid the mix of analyst actions and sector headlines, reflecting investor caution despite growth drivers. Halliburton Stock Sinks As Market Gains

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.