Halliburton (NYSE:HAL) CEO Jeffrey Allen Miller Sells 158,455 Shares

Halliburton Company (NYSE:HAL) CEO Jeffrey Allen Miller sold 158,455 shares of the stock in a transaction that occurred on Friday, March 27th. The stock was sold at an average price of $40.00, for a total value of $6,338,200.00. Following the sale, the chief executive officer owned 1,013,027 shares in the company, valued at $40,521,080. The trade was a 13.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Jeffrey Allen Miller also recently made the following trade(s):

• On Friday, January 23rd, Jeffrey Allen Miller sold 171,200 shares of Halliburton stock. The shares were sold at an average price of $34.96, for a total value of $5,985,152.00.

Halliburton Price Performance

Shares of HAL opened at $38.12 on Friday. The company has a market cap of $31.84 billion, a P/E ratio of 25.25, a PEG ratio of 2.32 and a beta of 0.68. The stock has a fifty day moving average price of $35.42 and a 200 day moving average price of $29.91. The company has a debt-to-equity ratio of 0.68, a current ratio of 2.04 and a quick ratio of 1.51. Halliburton Company has a 12 month low of $18.72 and a 12 month high of $41.18.

Halliburton (NYSE:HAL) last posted its earnings results on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $5.39 billion. During the same period last year, the business posted $0.73 earnings per share. The firm’s quarterly revenue was up .8% compared to the same quarter last year. On average, research analysts forecast that Halliburton Company will post 2.64 earnings per share for the current year.

Halliburton Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, March 25th. Investors of record on Wednesday, March 4th were given a $0.17 dividend. The ex-dividend date was Wednesday, March 4th. This represents a $0.68 annualized dividend and a yield of 1.8%. Halliburton’s dividend payout ratio (DPR) is currently 45.03%.

Institutional Trading of Halliburton

A number of institutional investors have recently made changes to their positions in HAL. Nvest Wealth Strategies Inc. acquired a new position in shares of Halliburton during the fourth quarter valued at approximately $25,000. Zions Bancorporation National Association UT lifted its position in Halliburton by 196.4% in the fourth quarter. Zions Bancorporation National Association UT now owns 981 shares of the oilfield services company’s stock worth $28,000 after purchasing an additional 650 shares during the period. Kelleher Financial Advisors bought a new position in Halliburton during the 3rd quarter valued at $25,000. Cullen Frost Bankers Inc. bought a new position in Halliburton during the 3rd quarter valued at $25,000. Finally, DV Equities LLC acquired a new position in shares of Halliburton during the 4th quarter valued at $33,000. 85.23% of the stock is owned by institutional investors and hedge funds.

Halliburton News Roundup

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Acquisition of Sekal AS accelerates Halliburton’s push into automated drilling — Sekal’s DrillTronics software will be combined with Halliburton’s LOGIX geosteering/automation platform to cut drilling costs, improve consistency and speed digital well construction, supporting longer‑term margin and service differentiation. Halliburton Strengthens Automation With Strategic Sekal Buyout
• Neutral Sentiment: Visibility from recent fundamentals: Halliburton beat Q4 EPS and revenue expectations in January and maintains solid liquidity and leverage metrics — this underpins investor confidence but the impact depends on successful execution of automation rollouts and capital allocation. Halliburton Company Profile & Recent Results
• Negative Sentiment: Insider selling: CEO Jeffrey Allen Miller sold ~158,455 shares at about $40 on Mar. 27 (disclosed via SEC Form 4), a sizable reduction in his holdings that some investors may view as a near‑term negative signal. SEC Form 4 – CEO Share Sale
• Negative Sentiment: Near‑term price reaction has been choppy — HAL slid ~2.5% in the prior session as the market parsed the acquisition and valuation, showing short‑term sensitivity even as the strategic story is positive. Halliburton Stock Slides as Market Rises

Wall Street Analyst Weigh In

Several research analysts have commented on the stock. Wall Street Zen cut shares of Halliburton from a “strong-buy” rating to a “buy” rating in a research report on Saturday, March 28th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Halliburton in a research report on Monday, December 29th. Capital One Financial increased their price objective on Halliburton from $25.00 to $35.00 and gave the stock an “overweight” rating in a report on Wednesday, January 21st. UBS Group raised their target price on Halliburton from $32.00 to $35.00 and gave the company a “neutral” rating in a research report on Friday, January 23rd. Finally, Argus lifted their target price on Halliburton from $31.00 to $39.00 and gave the company a “buy” rating in a research note on Friday, January 23rd. One research analyst has rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $36.05.

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.