Halliburton (NYSE:HAL) Price Target Raised to $43.00 at Royal Bank Of Canada

Halliburton (NYSE:HAL) had its price objective upped by Royal Bank Of Canada from $38.00 to $43.00 in a research note published on Tuesday,MarketScreener reports. They currently have an outperform rating on the oilfield services company’s stock.

HAL has been the topic of several other research reports. Rothschild & Co Redburn boosted their price objective on shares of Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Piper Sandler boosted their price objective on shares of Halliburton from $30.00 to $34.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Barclays dropped their price objective on shares of Halliburton from $30.00 to $29.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 8th. TD Cowen lifted their target price on shares of Halliburton from $39.00 to $40.00 and gave the stock a “buy” rating in a report on Thursday, January 22nd. Finally, Capital One Financial lifted their target price on shares of Halliburton from $40.00 to $41.00 and gave the stock an “overweight” rating in a report on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Halliburton has a consensus rating of “Moderate Buy” and an average target price of $36.95.

Halliburton Trading Down 2.8%

NYSE:HAL opened at $37.52 on Tuesday. Halliburton has a one year low of $19.22 and a one year high of $41.18. 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’s 50-day simple moving average is $36.11 and its 200 day simple moving average is $30.83. The firm has a market capitalization of $31.34 billion, a P/E ratio of 24.85, a PEG ratio of 2.36 and a beta of 0.68.

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

Halliburton Announces Dividend

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

Insider Activity

In other Halliburton news, COO Jeffrey Shannon Slocum sold 5,441 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $33.82, for a total transaction of $184,014.62. Following the completion of the sale, the chief operating officer directly owned 187,423 shares of the company’s stock, valued at approximately $6,338,645.86. This represents a 2.82% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Van H. Beckwith sold 54,348 shares of the company’s stock in a transaction that occurred on Friday, January 23rd. The shares were sold at an average price of $34.96, for a total transaction of $1,900,006.08. Following the sale, the executive vice president directly owned 344,535 shares of the company’s stock, valued at approximately $12,044,943.60. This represents a 13.63% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 415,508 shares of company stock valued at $15,291,882 over the last three months. Corporate insiders own 0.57% of the company’s stock.

Institutional Trading of Halliburton

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cullen Frost Bankers Inc. purchased a new stake in Halliburton during the third quarter valued at approximately $25,000. Nvest Wealth Strategies Inc. purchased a new stake in Halliburton during the fourth quarter valued at approximately $25,000. Kelleher Financial Advisors purchased a new stake in Halliburton during the third quarter valued at approximately $25,000. Newbridge Financial Services Group Inc. purchased a new stake in Halliburton during the second quarter valued at approximately $25,000. Finally, Zions Bancorporation National Association UT increased its holdings in Halliburton by 196.4% during the fourth quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock valued at $28,000 after buying an additional 650 shares during the last quarter. 85.23% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Won a multibillion‑dollar, multi‑year completions/fracturing contract with YPF to expand work in Argentina’s Vaca Muerta — expands Halliburton’s international footprint and deploys its Zeus electric fracturing technology, supporting long‑term revenue and margin upside. YPF Awards Halliburton Multibillion-dollar Long-term Unconventional Completions Contract in Argentina
• Positive Sentiment: Analyst upgrades and higher targets: RBC raised its price target to $43 (keeps Outperform) and Susquehanna raised its target to $45 (Positive), signaling improved medium‑term analyst conviction that could support multiple expansion. RBC Raises Price Target on Halliburton to $43
• Neutral Sentiment: Coverage pieces and reviews are circulating (competitor comparisons and industry notes); useful for context but less likely to move the stock immediately versus the contract and earnings drivers. Reviewing Halliburton (HAL) and Its Competitors
• Negative Sentiment: Near‑term earnings risk: multiple previews and analyst notes expect Q1 earnings to weaken and suggest Halliburton lacks the setup for an earnings beat this quarter — short‑term disappointment on results or guidance could pressure the stock despite the long‑term contract. Earnings Preview: Halliburton (HAL) Q1 Earnings Expected to Decline
• Neutral Sentiment: Market‑level effect: coverage noted the stock fell while broader markets rose — indicates some idiosyncratic selling or profit‑taking unrelated to the broader tape. Halliburton (HAL) Stock Sinks As Market Gains

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.