Evercore ISI Issues Positive Forecast for Halliburton (NYSE:HAL) Stock Price

Halliburton (NYSE:HAL) had its price target raised by stock analysts at Evercore ISI from $35.00 to $36.00 in a research report issued on Thursday,MarketScreener reports. Evercore ISI’s price objective would suggest a potential upside of 9.73% from the company’s previous close.

A number of other equities research analysts also recently issued reports on the stock. Zephirin Group boosted their target price on shares of Halliburton from $27.00 to $28.00 and gave the company a “buy” rating in a report on Thursday, October 2nd. Piper Sandler boosted their price objective on shares of Halliburton from $29.00 to $30.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 14th. Stifel Nicolaus set a $36.00 target price on shares of Halliburton in a report on Thursday. Zacks Research upgraded Halliburton from a “strong sell” rating to a “hold” rating in a report on Thursday, October 23rd. Finally, Morgan Stanley restated an “overweight” rating and set a $35.00 price objective on shares of Halliburton in a research note on Wednesday. Two analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $33.90.

Halliburton Stock Down 1.7%

Shares of NYSE:HAL opened at $32.81 on Thursday. Halliburton has a 52-week low of $18.72 and a 52-week high of $33.80. The company has a market capitalization of $27.61 billion, a P/E ratio of 21.68 and a beta of 0.78. The stock’s fifty day simple moving average is $28.71 and its 200-day simple moving average is $25.14. The company has a quick ratio of 1.43, a current ratio of 1.95 and a debt-to-equity ratio of 0.70.

Halliburton (NYSE:HAL) last posted its quarterly earnings data on Wednesday, January 21st. The oilfield services company reported $0.69 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.15. The business had revenue of $5.66 billion during the quarter, compared to analyst estimates of $5.39 billion. Halliburton had a net margin of 5.91% and a return on equity of 20.12%. The company’s revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.73 earnings per share. As a group, equities research analysts forecast that Halliburton will post 2.64 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, insider Mark Richard sold 160,000 shares of the business’s stock in a transaction dated Wednesday, November 12th. The shares were sold at an average price of $27.77, for a total transaction of $4,443,200.00. Following the completion of the sale, the insider owned 452,374 shares of the company’s stock, valued at $12,562,425.98. This represents a 26.13% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Van H. Beckwith sold 8,854 shares of the company’s stock in a transaction that occurred on Friday, December 5th. The shares were sold at an average price of $27.89, for a total value of $246,938.06. Following the transaction, the executive vice president directly owned 333,528 shares of the company’s stock, valued at $9,302,095.92. This trade represents a 2.59% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 268,854 shares of company stock worth $7,915,138 over the last ninety days. 0.56% of the stock is owned by insiders.

Institutional Trading of Halliburton

Several hedge funds have recently bought and sold shares of HAL. Cullen Frost Bankers Inc. bought a new position in Halliburton in the 3rd quarter worth approximately $25,000. Kelleher Financial Advisors bought a new position in shares of Halliburton in the third quarter worth $25,000. Newbridge Financial Services Group Inc. acquired a new position in shares of Halliburton during the second quarter valued at $25,000. Strive Asset Management LLC bought a new stake in shares of Halliburton during the third quarter valued at about $31,000. Finally, Root Financial Partners LLC acquired a new stake in Halliburton in the third quarter worth about $32,000. 85.23% of the stock is currently owned by institutional investors.

Key Headlines Impacting Halliburton

Here are the key news stories impacting Halliburton this week:

• Positive Sentiment: Q4 results beat expectations — adjusted EPS $0.69 vs. $0.54 estimate and revenue $5.66B (above estimates); international revenue strength and solid operating cash flow/free cash flow were highlighted. Reuters: Halliburton beats estimates
• Positive Sentiment: Analyst upgrades/target raises are lifting sentiment — Susquehanna raised its target to $40 (positive), and Stifel/Capital One bumped targets to the mid‑$30s, giving more upside to the consensus. Benzinga: Susquehanna raise MarketScreener: Stifel raise
• Positive Sentiment: Venezuela re‑entry is a potential near‑term catalyst — management said interest is high and the company posted job listings consistent with returning operations, which would materially expand international demand. Yahoo: Venezuela job posting Upstream: CEO comments
• Positive Sentiment: Capital returns and cash flow profile support shareholder value — company emphasized buybacks and a >2% dividend; analysts note buybacks materially reduced share count in 2025. Benzinga: cash flow & deals
• Positive Sentiment: Unusual options activity: heavy call buying (≈60k calls) indicates short‑term bullish positioning by traders. (Market flow item)
• Neutral Sentiment: Valuation/DCF rechecks are appearing after the run‑up — some analytical pieces reassess fair value given recent momentum; these provide mixed signals depending on assumptions. Yahoo: valuation check
• Neutral Sentiment: Management tone: strong 2025 execution but cautious phrasing on 2026 growth — investors should watch guidance/remarks from the call for forward momentum. TipRanks: earnings call takeaways
• Negative Sentiment: North America remains a drag — Q4 North America revenue fell and regional weakness could limit upside until U.S. activity recovers. Barron’s: North America drag
• Negative Sentiment: Insider selling and mixed year‑over‑year metrics noted by some data providers; monitor insider flows and quarterly cash trends for signs of sustainable recovery. QuiverQuant: financial snapshot & insider activity

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.