Halliburton (NYSE:HAL) Stock Price Expected to Rise, Citigroup Analyst Says

Halliburton (NYSE:HAL) had its price objective upped by analysts at Citigroup from $45.00 to $47.00 in a research report issued to clients and investors on Thursday,Benzinga reports. The firm currently has a “buy” rating on the oilfield services company’s stock. Citigroup’s price objective suggests a potential upside of 16.76% from the stock’s previous close.

A number of other equities analysts also recently commented on the company. Jefferies Financial Group reiterated a “buy” rating and issued a $39.00 price target on shares of Halliburton in a research note on Friday, February 6th. Rothschild & Co Redburn lifted their price target on Halliburton from $35.00 to $40.00 and gave the stock a “buy” rating in a research note on Wednesday, February 18th. Wall Street Zen downgraded Halliburton from a “strong-buy” rating to a “buy” rating in a research note on Saturday, March 28th. Argus lifted their price target on Halliburton from $39.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday. Finally, Royal Bank Of Canada lifted their price target on Halliburton from $43.00 to $44.00 and gave the stock an “outperform” rating in a research note on Wednesday. Seventeen analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, Halliburton currently has an average rating of “Moderate Buy” and a consensus price target of $40.73.

Halliburton Stock Up 1.5%

Shares of NYSE:HAL opened at $40.25 on Thursday. The company has a current ratio of 2.08, a quick ratio of 1.51 and a debt-to-equity ratio of 0.65. The company has a fifty day simple moving average of $36.74 and a 200 day simple moving average of $31.51. The firm has a market cap of $33.62 billion, a PE ratio of 22.12, a price-to-earnings-growth ratio of 1.78 and a beta of 0.68. Halliburton has a 12-month low of $19.22 and a 12-month high of $41.18.

Halliburton (NYSE:HAL) last issued its quarterly earnings results on Tuesday, April 21st. The oilfield services company reported $0.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.50 by $0.05. The business had revenue of $5.40 billion during the quarter, compared to analyst estimates of $5.37 billion. Halliburton had a net margin of 6.95% and a return on equity of 19.04%. The business’s revenue was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.60 earnings per share. On average, equities research analysts anticipate that Halliburton will post 2.26 EPS for the current fiscal year.

Insider Transactions at Halliburton

In other Halliburton news, Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction dated Monday, January 26th. The shares were sold at an average price of $34.17, for a total value of $88,842.00. Following the transaction, the director owned 14,043 shares of the company’s stock, valued at $479,849.31. This trade represents a 15.62% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Timothy Mckeon sold 3,846 shares of the firm’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $34.37, for a total transaction of $132,187.02. Following the completion of the transaction, the vice president directly owned 81,631 shares in the company, valued at $2,805,657.47. This represents a 4.50% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 189,960 shares of company stock valued at $7,406,724 over the last ninety days. Insiders own 0.57% of the company’s stock.

Hedge Funds Weigh In On Halliburton

Large investors have recently bought and sold shares of the business. Vermillion Wealth Management Inc. grew its holdings in Halliburton by 24.8% during the fourth quarter. Vermillion Wealth Management Inc. now owns 1,456 shares of the oilfield services company’s stock worth $41,000 after purchasing an additional 289 shares during the period. Coldstream Capital Management Inc. grew its holdings in Halliburton by 1.5% during the fourth quarter. Coldstream Capital Management Inc. now owns 23,312 shares of the oilfield services company’s stock worth $659,000 after purchasing an additional 349 shares during the period. Harbour Investments Inc. grew its holdings in Halliburton by 7.3% during the fourth quarter. Harbour Investments Inc. now owns 5,320 shares of the oilfield services company’s stock worth $150,000 after purchasing an additional 361 shares during the period. Kingsview Wealth Management LLC grew its holdings in Halliburton by 3.7% during the fourth quarter. Kingsview Wealth Management LLC now owns 10,363 shares of the oilfield services company’s stock worth $293,000 after purchasing an additional 365 shares during the period. Finally, Clearstead Trust LLC grew its holdings in 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 purchasing an additional 370 shares during the period. Institutional investors own 85.23% of the company’s stock.

Trending Headlines about Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q1 results beat expectations: Halliburton reported EPS above consensus and revenue slightly ahead, with stronger international demand across Latin America, Europe and Africa — the primary driver cited by management for improved sentiment. Why HAL Stock Is Up Today
• Positive Sentiment: Management highlights tech and offshore wins that helped offset turbulence, reinforcing the company’s growth levers outside North America. Halliburton Earnings Call
• Positive Sentiment: Stronger international activity lifted sector peers and regional contractors (RPC rallied on the read‑through), signaling the beat could translate into broader services demand. RPC Reaction
• Positive Sentiment: Analyst upgrades and price‑target raises (Citigroup and Argus moved targets higher and maintained buy ratings) provide additional near‑term upside and validation of the company’s outlook. Benzinga PT Raise Argus PT Raise
• Positive Sentiment: Management and CEO commentary point to a U.S. drilling rebound being in the “early innings,” suggesting improving North American activity could boost domestic revenue later in 2026. CEO Comments
• Positive Sentiment: Macro tailwind — producers and service firms expect crude prices to stay elevated following geopolitical developments, which supports higher activity and pricing for Halliburton’s services. Crude Price Outlook
• Neutral Sentiment: Index/market positioning: Halliburton gained visibility in Russell 1000 energy reweighting, which can increase passive flows but is a one‑time technical factor. Russell 1000 Spotlight
• Neutral Sentiment: Sector context: Other energy names (e.g., Liberty Energy) reported solid results — positive for sentiment but not a direct read‑through to Halliburton’s fundamentals. Liberty Energy Q1
• Neutral Sentiment: Comparative reviews and surveys of Halliburton vs. peers appear, offering varied analyst viewpoints; these are informative but won’t move fundamentals unless tied to new data. Peer Comparisons

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.