Halliburton (NYSE:HAL) Price Target Raised to $45.00

Halliburton (NYSE:HAL) had its target price lifted by Argus from $39.00 to $45.00 in a research report sent to investors on Thursday morning,MarketScreener reports. Argus currently has a buy rating on the oilfield services company’s stock.

A number of other research analysts have also issued reports on the company. Wall Street Zen lowered Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Zephirin Group raised their price objective on Halliburton from $30.00 to $31.00 and gave the company a “sell” rating in a report on Wednesday. Jefferies Financial Group restated a “buy” rating and issued a $39.00 price objective on shares of Halliburton in a report on Friday, February 6th. The Goldman Sachs Group raised their price objective on Halliburton from $40.00 to $44.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. Finally, UBS Group raised their price objective on Halliburton from $35.00 to $39.00 and gave the company a “neutral” rating in a report on Tuesday, April 7th. 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.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $40.73.

Halliburton Trading Up 1.5%

Shares of NYSE:HAL opened at $40.25 on Thursday. Halliburton has a 1 year low of $19.22 and a 1 year high of $41.18. The firm has a market capitalization of $33.62 billion, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 1.78 and a beta of 0.68. The company has a debt-to-equity ratio of 0.65, a current ratio of 2.08 and a quick ratio of 1.51. The business’s 50 day moving average price is $36.74 and its 200-day moving average price is $31.56.

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

Halliburton Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were given a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date of this dividend was Wednesday, March 4th. Halliburton’s dividend payout ratio (DPR) is presently 37.36%.

Insider Activity

In related news, EVP Van H. Beckwith sold 19,618 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $33.82, for a total transaction of $663,480.76. Following the completion of the sale, the executive vice president directly owned 344,535 shares of the company’s stock, valued at approximately $11,652,173.70. This trade represents a 5.39% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Margaret Katherine Banks sold 2,600 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at $479,849.31. The trade was 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 sold 189,960 shares of company stock worth $7,406,724. 0.57% of the stock is currently owned by corporate insiders.

Institutional Trading of Halliburton

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Capital Research Global Investors increased its position in shares of Halliburton by 21.1% during the 4th quarter. Capital Research Global Investors now owns 110,220,971 shares of the oilfield services company’s stock worth $3,114,848,000 after purchasing an additional 19,190,520 shares during the last quarter. State Street Corp increased its position in shares of Halliburton by 1.7% during the 4th quarter. State Street Corp now owns 50,825,761 shares of the oilfield services company’s stock worth $1,436,336,000 after purchasing an additional 861,964 shares during the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Halliburton by 1.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 31,097,164 shares of the oilfield services company’s stock worth $878,806,000 after purchasing an additional 443,064 shares during the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Halliburton by 82,596.0% during the 4th 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 during the last quarter. Finally, Sanders Capital LLC increased its position in shares of Halliburton by 9.4% during the 3rd 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 last quarter. 85.23% of the stock is owned by institutional investors and hedge funds.

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

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.